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COMPANY REGISTRATION NUMBER: 07966437
Bailey Commercial Consulting Ltd
Filleted Unaudited Financial Statements
29 February 2024
Bailey Commercial Consulting Ltd
Statement of Financial Position
29 February 2024
2024
2023
£
£
£
Fixed assets
5,702
5,785
-------
-------
Current assets
10,191
130,418
Creditors: amounts falling due within one year
12,206
35,334
--------
---------
Net current (liabilities)/assets
( 2,015)
95,084
-------
---------
Total assets less current liabilities
3,687
100,869
Creditors: amounts falling due after more than one year
14,808
24,654
--------
---------
(11,121)
76,215
--------
---------
Capital and reserves
( 11,121)
76,215
--------
--------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
2. Directors' advances, credits and guarantees
At the beginning of the year, the directors owed the company £7,858 which was repaid in full on 13 October 2023. The maximum loan outstanding at any time was £18,758. Interest was chargeable on the average balance outstanding. Included in other creditors is £103 owing to the directors.
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 1 October 2024 , and are signed on behalf of the board by:
Mr G S Bailey
Director
Company registration number: 07966437
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Eden Cottage, Faringdon Road, Southmoor, Abingdon, Oxon, OX13 5AF.