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REGISTERED NUMBER: 01341998 (England and Wales)















Financial Statements For The Year Ended 31 May 2025

for

Bailey-Taylor Haulage Limited

Bailey-Taylor Haulage Limited (Registered number: 01341998)






Contents of the Financial Statements
For The Year Ended 31 May 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bailey-Taylor Haulage Limited

Company Information
For The Year Ended 31 May 2025







DIRECTORS: Mr P Dykes
Mr A P Dykes
Mr DJ Ryde



REGISTERED OFFICE: Winter Closes
Underwood
Nottinghamshire
NG16 5GR



REGISTERED NUMBER: 01341998 (England and Wales)



ACCOUNTANTS: Pedley & Co.
82 Nottingham Road
Somercotes
Alfreton
Derbyshire
DE55 4LY



BANKERS: Yorkshire Bank PLC
30 Oxford Street
Ripley
Derbyshire
DE5 3AJ

Bailey-Taylor Haulage Limited (Registered number: 01341998)

Balance Sheet
31 May 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 404,648 388,488
Investments 6 76,380 76,380
481,028 464,868

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 7 194,802 226,999
Cash at bank and in hand 1,145,184 1,063,746
1,344,986 1,295,745
CREDITORS
Amounts falling due within one year 8 45,756 64,142
NET CURRENT ASSETS 1,299,230 1,231,603
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,780,258

1,696,471

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 1,780,156 1,696,369
SHAREHOLDERS' FUNDS 1,780,258 1,696,471

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

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

The directors acknowledge their 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.

Bailey-Taylor Haulage Limited (Registered number: 01341998)

Balance Sheet - continued
31 May 2025


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 Board of Directors and authorised for issue on 28 July 2025 and were signed on its behalf by:





Mr P Dykes - Director


Bailey-Taylor Haulage Limited (Registered number: 01341998)

Notes to the Financial Statements
For The Year Ended 31 May 2025

1. STATUTORY INFORMATION

Bailey-Taylor Haulage Limited 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2001, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Bailey-Taylor Haulage Limited (Registered number: 01341998)

Notes to the Financial Statements - continued
For The Year Ended 31 May 2025

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 13 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2024
and 31 May 2025 2,000
AMORTISATION
At 1 June 2024
and 31 May 2025 2,000
NET BOOK VALUE
At 31 May 2025 -
At 31 May 2024 -

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 June 2024 201,128 933,929 58,166 1,193,223
Additions - 84,000 - 84,000
At 31 May 2025 201,128 1,017,929 58,166 1,277,223
DEPRECIATION
At 1 June 2024 - 757,098 47,637 804,735
Charge for year - 65,208 2,632 67,840
At 31 May 2025 - 822,306 50,269 872,575
NET BOOK VALUE
At 31 May 2025 201,128 195,623 7,897 404,648
At 31 May 2024 201,128 176,831 10,529 388,488

Bailey-Taylor Haulage Limited (Registered number: 01341998)

Notes to the Financial Statements - continued
For The Year Ended 31 May 2025

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 June 2024
and 31 May 2025 76,380
NET BOOK VALUE
At 31 May 2025 76,380
At 31 May 2024 76,380

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 169,724 198,038
Other debtors 25,078 28,961
194,802 226,999

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 14,891 40,657
Taxation and social security 27,214 19,834
Other creditors 3,651 3,651
45,756 64,142