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Company Registration No. 07429484 (England and Wales)
Bailey Legal Services Limited Unaudited accounts for the year ended 30 November 2023
Bailey Legal Services Limited Unaudited accounts Contents
Page
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Bailey Legal Services Limited Company Information for the year ended 30 November 2023
Director
Mudasar Ahmed
Company Number
07429484 (England and Wales)
Registered Office
Unit 8 Cunningham Court Blackburn BB1 2QX
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Bailey Legal Services Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,221 
11,669 
Current assets
Cash at bank and in hand
388,414 
226,687 
Creditors: amounts falling due within one year
(65,729)
(1,414)
Net current assets
322,685 
225,273 
Net assets
333,906 
236,942 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
333,806 
236,842 
Shareholders' funds
333,906 
236,942 
For the year ending 30 November 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 his 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 15 March 2024 and were signed on its behalf by
Mudasar Ahmed Director Company Registration No. 07429484
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Bailey Legal Services Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Bailey Legal Services Limited is a private company, limited by shares, registered in England and Wales, registration number 07429484. The registered office is Unit 8, Cunningham Court, Blackburn, BB1 2QX.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2022
(2,444)
38,272 
35,828 
Additions
- 
2,357 
2,357 
At 30 November 2023
(2,444)
40,629 
38,185 
Depreciation
At 1 December 2022
(2,444)
26,603 
24,159 
Charge for the year
- 
2,805 
2,805 
At 30 November 2023
(2,444)
29,408 
26,964 
Net book value
At 30 November 2023
- 
11,221 
11,221 
At 30 November 2022
- 
11,669 
11,669 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
10,881 
2,087 
Taxes and social security
52,046 
26,124 
Loans from directors
2,317 
(27,282)
Accruals
485 
485 
65,729 
1,414 
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Bailey Legal Services Limited Notes to the Accounts for the year ended 30 November 2023
6
Average number of employees
During the year the average number of employees was 4 (2022: 2).
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