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REGISTERED NUMBER: 12045809 (England and Wales)











Financial Statements

for the Year Ended 30 June 2024

for

BAILEY BRIDGE LTD

BAILEY BRIDGE LTD (REGISTERED NUMBER: 12045809)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BAILEY BRIDGE LTD

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Mr G E Baker





REGISTERED OFFICE: The Priory Thremhall Park
Start Hill
Bishops Stortford
Hertfordshire
CM22 7WE





REGISTERED NUMBER: 12045809 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

BAILEY BRIDGE LTD (REGISTERED NUMBER: 12045809)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £   
CURRENT ASSETS
Debtors 4 726,430 225,293
Cash at bank 166,992 187,606
893,422 412,899
CREDITORS
Amounts falling due within one year 5 436,223 131,677
NET CURRENT ASSETS 457,199 281,222
TOTAL ASSETS LESS CURRENT
LIABILITIES

457,199

281,222

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 457,099 281,122
SHAREHOLDERS' FUNDS 457,199 281,222

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 June 2025 and were signed by:





Mr G E Baker - Director


BAILEY BRIDGE LTD (REGISTERED NUMBER: 12045809)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Bailey Bridge Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern
The director has a reasonable expectation that the company will continue in operational existence for the foreseeable future and therefore used the going concern basis in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 119,362 45,339
Amounts owed by group undertakings 53,201 20,500
Other debtors 134,462 28,281
Directors' current accounts 397,405 83,422
Prepayments and accrued income 22,000 47,751
726,430 225,293

BAILEY BRIDGE LTD (REGISTERED NUMBER: 12045809)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 22,330 1,248
Amounts owed to group undertakings 125,000 15,000
Tax 249,003 83,704
VAT 23,805 29,443
Other creditors 13,285 882
Accruals and deferred income 2,800 1,400
436,223 131,677

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
100 Ordinary £1 100 100

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

30.6.24 30.6.23
£    £   
Mr G E Baker
Balance outstanding at start of year 83,421 37,866
Amounts advanced 443,289 45,555
Amounts repaid (129,305 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 397,405 83,421

As at the balance sheet date, included in debtors due within one year is £397,405 (2023: £83,421 ) due and payable by the director. Interest has been charged on the overdrawn loan account.

8. RELATED PARTY DISCLOSURES

At the balance sheet date company owed £47,094 (2023 : £20,500) by Coastwind Ltd, £Nil (2023 : £15,000) by Mantle (Woodside) Ltd, £50,000 (2023 : £Nil) by Mantle (Saffron) Ltd, £60,000 (2023 : £Nil) by Mantle (Chelmsford) Ltd, £15,000 (2023 : £Nil) by Mantle Hertford Ltd, £2,773 (2023 : £Nil) by Foreland Asset Management Ltd and £3,331 (2023 : £Nil) by Bailey Bond Projects Ltd .