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REGISTERED NUMBER: 06974579













Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Baileys Maintenance Ltd

Baileys Maintenance Ltd (Registered number: 06974579)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Baileys Maintenance Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mr Matthew Jackson
Mr Ian Jackson
Mrs June Jackson
Mr Jason Duncan





REGISTERED OFFICE: 112 High Street
Little Lever
Bolton
BL3 1LR





REGISTERED NUMBER: 06974579





ACCOUNTANTS: Mike Egan & Co Limited
Chartered Accountants
168 Lee Lane
Horwich
Bolton
Lancashire
BL6 7AF

Baileys Maintenance Ltd (Registered number: 06974579)

Balance Sheet
31 March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 1,955 1,955
Tangible assets 5 69,777 59,603
71,732 61,558

CURRENT ASSETS
Debtors 6 74,839 13,576
Cash at bank and in hand 117,428 166,283
192,267 179,859
CREDITORS
Amounts falling due within one year 7 (120,697 ) (90,073 )
NET CURRENT ASSETS 71,570 89,786
TOTAL ASSETS LESS CURRENT
LIABILITIES

143,302

151,344

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 143,299 151,341
SHAREHOLDERS' FUNDS 143,302 151,344

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 November 2023 and were signed on its behalf by:



Mr Matthew Jackson - Director


Baileys Maintenance Ltd (Registered number: 06974579)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Baileys Maintenance Ltd is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Computer
Goodwill software Totals
£    £    £   
COST
At 1 April 2022
and 31 March 2023 30,000 3,055 33,055
AMORTISATION
At 1 April 2022
and 31 March 2023 30,000 1,100 31,100
NET BOOK VALUE
At 31 March 2023 - 1,955 1,955
At 31 March 2022 - 1,955 1,955

Baileys Maintenance Ltd (Registered number: 06974579)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 April 2022 13,400 146,558 10,556 5,104 175,618
Additions 21,751 - - - 21,751
At 31 March 2023 35,151 146,558 10,556 5,104 197,369
DEPRECIATION
At 1 April 2022 - 105,379 6,613 4,023 116,015
Charge for year - 10,295 1,012 270 11,577
At 31 March 2023 - 115,674 7,625 4,293 127,592
NET BOOK VALUE
At 31 March 2023 35,151 30,884 2,931 811 69,777
At 31 March 2022 13,400 41,179 3,943 1,081 59,603

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 74,839 13,576

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 27,289 15,749
Tax 35,633 39,319
Social security and other taxes 4,938 4,615
VAT 24,136 26,831
Other creditors 28,701 3,559
120,697 90,073