Company Registration No. 10232808 (England and Wales)
Allie Bailey Ltd
Unaudited accounts
for the year ended 30 June 2023
Allie Bailey Ltd
Unaudited accounts
Contents
Allie Bailey Ltd
Company Information
for the year ended 30 June 2023
Company Number
10232808 (England and Wales)
Registered Office
2 Exeter Street
Cottingham
East Yorkshire
HU16 4LU
England
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
Allie Bailey Ltd
Statement of financial position
as at 30 June 2023
Cash at bank and in hand
1,787
1,873
Creditors: amounts falling due within one year
(4,857)
(1,264)
Net current (liabilities)/assets
(232)
1,609
Total assets less current liabilities
1,122
1,852
Provisions for liabilities
Called up share capital
10
10
Profit and loss account
855
1,842
Shareholders' funds
865
1,852
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 November 2023 and were signed on its behalf by
Ms A Bailey
Director
Company Registration No. 10232808
Allie Bailey Ltd
Notes to the Accounts
for the year ended 30 June 2023
Allie Bailey Ltd is a private company, limited by shares, registered in England and Wales, registration number 10232808. The registered office is 2 Exeter Street, Cottingham, East Yorkshire, HU16 4LU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% cost
Computer equipment
25% cost
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Allie Bailey Ltd
Notes to the Accounts
for the year ended 30 June 2023
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2022
128
755
883
At 30 June 2023
1,199
1,149
2,348
Charge for the year
165
189
354
At 30 June 2023
173
821
994
At 30 June 2023
1,026
328
1,354
At 30 June 2022
120
123
243
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
4,857
1,181
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).