Company Registration No. 11116281 (England and Wales)
BAILIE VENTURES LIMITED
Unaudited accounts
for the year ended 31 December 2023
BAILIE VENTURES LIMITED
Unaudited accounts
Contents
BAILIE VENTURES LIMITED
Company Information
for the year ended 31 December 2023
Company Number
11116281 (England and Wales)
Registered Office
20 Through Duncans
Woodbridge
England
IP12 4EA
England
Accountants
D&K Accounting Ltd
Beehive Offices
Bawtry Hall
Bawtry
DN10 6JH
BAILIE VENTURES LIMITED
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
8,698
69,701
Creditors: amounts falling due within one year
(9,212)
(68,541)
Net current (liabilities)/assets
(514)
1,160
Called up share capital
100
100
Profit and loss account
178
2,749
Shareholders' funds
278
2,849
For the year ending 31 December 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 23 August 2024 and were signed on its behalf by
Martin Bailie
Director
Company Registration No. 11116281
BAILIE VENTURES LIMITED
Notes to the Accounts
for the year ended 31 December 2023
BAILIE VENTURES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11116281. The registered office is 20 Through Duncans, Woodbridge, England, IP12 4EA, England.
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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% on Cost
Computer equipment
33% on Cost
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
1,408
1,650
3,058
At 31 December 2023
1,408
1,650
3,058
At 1 January 2023
819
550
1,369
Charge for the year
352
545
897
At 31 December 2023
1,171
1,095
2,266
At 31 December 2023
237
555
792
At 31 December 2022
589
1,100
1,689
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Creditors: amounts falling due within one year
2023
2022
Taxes and social security
11,806
15,914
Loans from directors
(2,482)
52,627
BAILIE VENTURES LIMITED
Notes to the Accounts
for the year ended 31 December 2023
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Average number of employees
During the year the average number of employees was 1 (2022: 1).