IRIS Accounts Production v25.1.0.734 04600462 director 1.4.24 31.3.25 31.3.25 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh046004622024-03-31046004622025-03-31046004622024-04-012025-03-31046004622023-03-31046004622023-04-012024-03-31046004622024-03-3104600462ns14:PoundSterling2024-04-012025-03-3104600462ns10:Director12024-04-012025-03-3104600462ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3104600462ns10:SmallEntities2024-04-012025-03-3104600462ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3104600462ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3104600462ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3104600462ns10:FullAccounts2024-04-012025-03-3104600462ns10:OrdinaryShareClass12024-04-012025-03-3104600462ns10:RegisteredOffice2024-04-012025-03-3104600462ns5:CurrentFinancialInstruments2025-03-3104600462ns5:CurrentFinancialInstruments2024-03-3104600462ns5:ShareCapital2025-03-3104600462ns5:ShareCapital2024-03-3104600462ns5:RetainedEarningsAccumulatedLosses2025-03-3104600462ns5:RetainedEarningsAccumulatedLosses2024-03-3104600462ns5:FurnitureFittings2024-04-012025-03-3104600462ns5:FurnitureFittings2024-03-3104600462ns5:FurnitureFittings2025-03-3104600462ns5:FurnitureFittings2024-03-3104600462ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3104600462ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3104600462ns10:OrdinaryShareClass12025-03-3104600462ns5:RetainedEarningsAccumulatedLosses2024-03-3104600462ns5:RetainedEarningsAccumulatedLosses2024-04-012025-03-31
REGISTERED NUMBER: 04600462












THE BAILEY CONSULTANCY LIMITED

Unaudited Financial Statements

for the Year Ended 31 March 2025






THE BAILEY CONSULTANCY LIMITED (REGISTERED NUMBER: 04600462)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE BAILEY CONSULTANCY LIMITED

Company Information
for the Year Ended 31 March 2025







DIRECTOR: Ms T S Bailey





REGISTERED OFFICE: The Old Mill, Kings Mill
Kings Mill Lane
South Nutfield
Surrey
RH1 5NB





REGISTERED NUMBER: 04600462





ACCOUNTANTS: The Bailey Partnership
Chartered Accountants
The Old Mill, Kings Mill
Kings Mill Lane
South Nutfield
Surrey
RH1 5NB

THE BAILEY CONSULTANCY LIMITED (REGISTERED NUMBER: 04600462)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 552 736

CURRENT ASSETS
Debtors 5 64,500 87,000
Cash at bank and in hand 2,827 1,833
67,327 88,833
CREDITORS
Amounts falling due within one year 6 24,457 50,226
NET CURRENT ASSETS 42,870 38,607
TOTAL ASSETS LESS CURRENT
LIABILITIES

43,422

39,343

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 43,322 39,243
SHAREHOLDERS' FUNDS 43,422 39,343

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 April 2025 and were signed by:





Ms T S Bailey - Director


THE BAILEY CONSULTANCY LIMITED (REGISTERED NUMBER: 04600462)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

The Bailey Consultancy Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. 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.
Fixtures and fittings - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

THE BAILEY CONSULTANCY LIMITED (REGISTERED NUMBER: 04600462)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2024
and 31 March 2025 2,329
DEPRECIATION
At 1 April 2024 1,593
Charge for year 184
At 31 March 2025 1,777
NET BOOK VALUE
At 31 March 2025 552
At 31 March 2024 736

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 34,500 72,000
Other debtors 30,000 15,000
64,500 87,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts (see note 7) 8,750 13,750
Trade creditors 4,787 -
Tax 4,518 10,570
VAT 6,402 13,546
Directors' loan accounts - 12,360
24,457 50,226

7. LOANS

An analysis of the maturity of loans is given below:

2025 2024
£    £   
Amounts falling due within one year or on demand:
Bank loans 8,750 13,750

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100

THE BAILEY CONSULTANCY LIMITED (REGISTERED NUMBER: 04600462)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

9. RESERVES
Retained
earnings
£   

At 1 April 2024 39,243
Profit for the year 19,079
Dividends (15,000 )
At 31 March 2025 43,322