BAILEY BUILDING CONTRACTORS LTD

Company Registration Number:
13195033 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 1 March 2022

End date: 28 February 2023

BAILEY BUILDING CONTRACTORS LTD

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Additional notes
Balance sheet notes

BAILEY BUILDING CONTRACTORS LTD

Balance sheet

As at 28 February 2023

Notes 2023 13 months to 28 February 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 460 575
Investments:   0 0
Total fixed assets: 460 575
Current assets
Stocks:   0 0
Debtors: 4 73,791 45,077
Cash at bank and in hand: 1,667 4,306
Total current assets: 75,458 49,383
Creditors: amounts falling due within one year: 5 ( 27,897 ) ( 23,108 )
Net current assets (liabilities): 47,561 26,275
Total assets less current liabilities: 48,021 26,850
Total net assets (liabilities): 48,021 26,850
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 47,921 26,750
Total Shareholders' funds: 48,021 26,850

The notes form part of these financial statements

BAILEY BUILDING CONTRACTORS LTD

Balance sheet statements

For the year ending 28 February 2023 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 13 September 2023
and signed on behalf of the board by:

Name: Mr S. Bailey
Status: Director

The notes form part of these financial statements

BAILEY BUILDING CONTRACTORS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:Plant & Machinery - 20% Straight line

BAILEY BUILDING CONTRACTORS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees

    2023 13 months to 28 February 2022
    Average number of employees during the period 3 2

BAILEY BUILDING CONTRACTORS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2022 575 575
Additions
Disposals
Revaluations
Transfers
At 28 February 2023 575 575
Depreciation
At 1 March 2022 0 0
Charge for year 115 115
On disposals
Other adjustments
At 28 February 2023 115 115
Net book value
At 28 February 2023 460 460
At 28 February 2022 575 575

BAILEY BUILDING CONTRACTORS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Debtors

2023 13 months to 28 February 2022
£ £
Trade debtors 32,281 27,333
Prepayments and accrued income 700
Other debtors 40,810 17,744
Total 73,791 45,077

BAILEY BUILDING CONTRACTORS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Creditors: amounts falling due within one year note

2023 13 months to 28 February 2022
£ £
Taxation and social security 22,642 13,229
Accruals and deferred income 750 750
Other creditors 4,505 9,129
Total 27,897 23,108