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REGISTERED NUMBER: 05016919 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

C J Bayliss (Hereford) Limited

C J Bayliss (Hereford) Limited (Registered number: 05016919)

Contents of the Financial Statements
for the year ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


C J Bayliss (Hereford) Limited

Company Information
for the year ended 31 March 2024







Director: M J Bayliss





Registered office: Albert House
Holmer
Hereford
Herefordshire
HR1 1JN





Registered number: 05016919 (England and Wales)





Accountants: Acre Accountancy Limited
Unit 2 Foley Works
Foley Industrial Estate
Hereford
Herefordshire
HR1 2SF

C J Bayliss (Hereford) Limited (Registered number: 05016919)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 306,556 275,270

CURRENT ASSETS
Stocks 3,000 3,000
Debtors 6 597,179 730,618
Cash at bank and in hand 1,645,557 1,299,897
2,245,736 2,033,515
CREDITORS
Amounts falling due within one year 7 (1,217,963 ) (1,131,641 )
NET CURRENT ASSETS 1,027,773 901,874
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,334,329

1,177,144

CREDITORS
Amounts falling due after more than one
year

8

(43,624

)

(31,536

)

PROVISIONS FOR LIABILITIES (71,603 ) (48,229 )
NET ASSETS 1,219,102 1,097,379

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 1,219,002 1,097,279
SHAREHOLDERS' FUNDS 1,219,102 1,097,379

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

C J Bayliss (Hereford) Limited (Registered number: 05016919)

Balance Sheet - continued
31 March 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 July 2024 and were signed by:





M J Bayliss - Director


C J Bayliss (Hereford) Limited (Registered number: 05016919)

Notes to the Financial Statements
for the year ended 31 March 2024


1. STATUTORY INFORMATION

C J Bayliss (Hereford) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - Straight line over 20 years
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% - 33 1/3% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

C J Bayliss (Hereford) Limited (Registered number: 05016919)

Notes to the Financial Statements - continued
for the year ended 31 March 2024


3. ACCOUNTING POLICIES - continued

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 37 (2023 - 35 ) .

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
Cost
At 1 April 2023 22,333 392,236 58,553 284,503 757,625
Additions - 92,895 4,325 11,290 108,510
Disposals - (49,000 ) (3,086 ) - (52,086 )
At 31 March 2024 22,333 436,131 59,792 295,793 814,049
Depreciation
At 1 April 2023 17,777 214,330 47,671 202,577 482,355
Charge for year 1,117 30,857 3,877 21,872 57,723
Eliminated on disposal - (30,247 ) (2,338 ) - (32,585 )
At 31 March 2024 18,894 214,940 49,210 224,449 507,493
Net book value
At 31 March 2024 3,439 221,191 10,582 71,344 306,556
At 31 March 2023 4,556 177,906 10,882 81,926 275,270

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 114,336 95,878
Amounts recoverable on contract 441,280 432,290
Other debtors 41,563 202,450
597,179 730,618

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 7,658 18,611
Hire purchase contracts (see note 9) 37,655 5,451
Trade creditors 660,939 384,047
Taxation and social security 232,343 205,715
Other creditors 279,368 517,817
1,217,963 1,131,641

C J Bayliss (Hereford) Limited (Registered number: 05016919)

Notes to the Financial Statements - continued
for the year ended 31 March 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts (see note 9) 43,624 31,536

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 37,655 5,451
Between one and five years 43,624 31,536
81,279 36,987

Non-cancellable operating leases
2024 2023
£    £   
Within one year 160 645

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100