6 01/04/2023 31/03/2024 2024-03-31 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2023-04-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 07955975 2023-04-01 2024-03-31 07955975 2024-03-31 07955975 2023-03-31 07955975 2022-04-01 2023-03-31 07955975 2023-03-31 07955975 2022-03-31 07955975 bus:RegisteredOffice 2023-04-01 2024-03-31 07955975 bus:LeadAgentIfApplicable 2023-04-01 2024-03-31 07955975 bus:Director1 2023-04-01 2024-03-31 07955975 core:WithinOneYear 2024-03-31 07955975 core:WithinOneYear 2023-03-31 07955975 bus:Director1 2023-03-31 07955975 bus:Director1 2024-03-31 07955975 bus:Director1 2022-03-31 07955975 bus:Director1 2023-03-31 07955975 bus:Director1 2022-04-01 2023-03-31 07955975 bus:Micro-entities 2023-04-01 2024-03-31 07955975 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 07955975 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07955975 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07955975 bus:FullAccounts 2023-04-01 2024-03-31
Company registration number: 07955975
Bail Electrical Solutions Ltd
Unaudited filleted financial statements
31 March 2024
Bail Electrical Solutions Ltd
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Bail Electrical Solutions Ltd
Directors and other information
Director Mr Gareth Bailey
Company number 07955975
11 Summerfield Avenue
Dawley House
Kingswinford
DY6 9AU
11 Summerfield Avenue
Dawley House
Kingswinford
DY6 9AU
Accountants Parkes & Co Accountants Ltd
The Coach House
Greensforge
Kingswinford
West Midlands
DY6 0AH
Bail Electrical Solutions Ltd
Chartered accountants report to the director on the preparation of the
unaudited statutory financial statements of Bail Electrical Solutions Ltd
Year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bail Electrical Solutions Ltd for the year ended 31 March 2024 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of IFA , we are subject to its ethical and other professional requirements which are detailed at .
This report is made solely to the director of Bail Electrical Solutions Ltd, as a body, in accordance with the terms of our engagement letter dated 5 September 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Bail Electrical Solutions Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of IFA as detailed at www.ifa.org.uk To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bail Electrical Solutions Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Bail Electrical Solutions Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bail Electrical Solutions Ltd. You consider that Bail Electrical Solutions Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Bail Electrical Solutions Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Parkes & Co Accountants Ltd
The Coach House
Greensforge
Kingswinford
West Midlands
DY6 0AH
11 September 2024
Bail Electrical Solutions Ltd
Statement of financial position
31 March 2024
2024 2023
£ £
Fixed assets 45,856 56,364
_______ _______
Current assets 112,516 111,509
Creditors: amounts falling due within one year ( 88,105) ( 91,406)
_______ _______
Net current assets 24,411 20,103
_______ _______
Total assets less current liabilities 70,267 76,467
Accruals and deferred income ( 2,910) ( 1,760)
_______ _______
Net assets 67,357 74,707
_______ _______
Capital and reserves 67,357 74,707
_______ _______
Bail Electrical Solutions Ltd
Year ended 31 March 2024
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 6 (2023: 5 ).
2. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Mr Gareth Bailey ( 1,570) ( 28,551) 30,106 ( 15)
_______ _______ _______ _______
2023
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Mr Gareth Bailey ( 3,448) - 1,878 ( 1,570)
_______ _______ _______ _______
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The 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 11 September 2024 , and are signed on behalf of the board by:
Mr Gareth Bailey
Director
Company registration number: 07955975
The company is a private company limited by shares, registered in England & Wales.