Bailey & Associates Ltd 05891283 Accounting & services false 1 April 2023 05891283 2023-04-01 2024-03-31 05891283 2023-03-31 05891283 2024-03-31 05891283 2022-04-01 2023-03-31 05891283 2022-03-31 05891283 2023-03-31 05891283 frs102-bus:FRS102 2023-04-01 2024-03-31 05891283 frs102-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05891283 frs102-bus:FullAccounts 2023-04-01 2024-03-31 05891283 frs102-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05891283 frs102-core:CurrentFinancialInstruments 2024-03-31 05891283 frs102-core:CurrentFinancialInstruments 2023-03-31 05891283 frs102-core:ShareCapital 2024-03-31 05891283 frs102-core:ShareCapital 2023-03-31 05891283 frs102-core:RetainedEarningsAccumulatedLosses 2024-03-31 05891283 frs102-core:RetainedEarningsAccumulatedLosses 2023-03-31 05891283 frs102-bus:Director1 2023-04-01 2024-03-31 05891283 frs102-core:OtherPropertyPlantEquipment 2023-04-01 2024-03-31 05891283 frs102-core:OtherPropertyPlantEquipment 2023-03-31 05891283 frs102-core:OtherPropertyPlantEquipment 2024-03-31 05891283 frs102-core:OtherPropertyPlantEquipment 2023-03-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
05891283
Bailey & Associates Ltd
Unaudited Accounts
for the year ended
31 March 2024
Bailey & Associates Ltd
Balance Sheet
as at 31 March 2024
Notes
2024
£
2023
£
Fixed assets
Tangible assets 3 1,670 2,088
1,670 2,088
Current assets
Debtors 4 20,870 18,982
Cash at bank and in hand 1,378 15,484
22,248 34,466
Creditors: amounts falling due within one year 5 (689) (119)
Net current assets / (liabilities) 21,559 34,347
Total assets less current liabilities 23,229 36,435
Provisions for liabilities (0) (0)
Total net assets (liabilities) 23,229 36,435
Capital and reserves
Called up share capital 100 100
Profit and loss account 23,129 36,335
Shareholders' funds 23,229 36,435

Bailey & Associates Ltd
Balance Sheet
as at 31 March 2024



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Mr M Bailey

Director


Approved by the board on 1 May 2024

Company Number: 05891283 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Garden Flat
74 Mount Ephraim
Tunbridge Wells
TN4 8BG
United Kingdom

Bailey & Associates Ltd
Notes to the Accounts
for the year ended 31 March 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Other 20% Reducing Balance
2. Employees
2024 2023
Average number of employees during the period 0 0

3. Tangible fixed assets
Other Total
Cost or valuation £ £
At 1 April 2023 4,224 4,224
At 31 March 2024 4,224 4,224
Depreciation
At 1 April 2023 2,136 2,136
Charge for the period 418 418
At 31 March 2024 2,554 2,554
Net book value
At 31 March 2024 1,670 1,670
At 31 March 2023 2,088 2,088

4. Debtors
2024 2023
£ £
Trade debtors 10,870 9,223
Other debtors 10,000 9,759
20,870 18,982

5. Creditors: amounts falling due within one year
2024 2023
£ £
Taxation & social security 689 119
689 119