1 December 2023 false No description of principal activity Taxfiler 2024.6 07429484business:PrivateLimitedCompanyLtd2023-12-012024-11-30 074294842023-11-30 074294842023-12-012024-11-30 07429484business:AuditExempt-NoAccountantsReport2023-12-012024-11-30 07429484business:FilletedAccounts2023-12-012024-11-30 074294842024-11-30 07429484business:Director12023-12-012024-11-30 07429484business:RegisteredOffice2023-12-012024-11-30 074294842023-11-30 07429484core:WithinOneYear2024-11-30 07429484core:WithinOneYear2023-11-30 07429484core:ShareCapitalcore:PreviouslyStatedAmount2024-11-30 07429484core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 07429484core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 07429484core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 07429484core:PreviouslyStatedAmount2024-11-30 07429484core:PreviouslyStatedAmount2023-11-30 07429484business:SmallEntities2023-12-012024-11-30 07429484countries:EnglandWales2023-12-012024-11-30 07429484core:LandBuildings2023-11-30 07429484core:FurnitureFittings2023-11-30 07429484core:LandBuildings2024-11-30 07429484core:FurnitureFittings2024-11-30 07429484core:LandBuildings2023-12-012024-11-30 07429484core:FurnitureFittings2023-12-012024-11-30 074294842022-12-012023-11-30 iso4217:GBP xbrli:pure
Company Registration No. 07429484 (England and Wales)
Bailey Legal Services Limited Unaudited accounts for the year ended 30 November 2024
Bailey Legal Services Limited Unaudited accounts Contents
Page
- 2 -
Bailey Legal Services Limited Company Information for the year ended 30 November 2024
Director
Mudasar Ahmed
Company Number
07429484 (England and Wales)
Registered Office
Unit 8 Cunningham Court Blackburn BB1 2QX
- 3 -
Bailey Legal Services Limited Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,977 
11,221 
Current assets
Cash at bank and in hand
295,826 
388,414 
Creditors: amounts falling due within one year
219,311 
(65,729)
Net current assets
515,137 
322,685 
Net assets
524,114 
333,906 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
524,014 
333,806 
Shareholders' funds
524,114 
333,906 
For the year ending 30 November 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 April 2025 and were signed on its behalf by
Mudasar Ahmed Director Company Registration No. 07429484
- 4 -
Bailey Legal Services Limited Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Bailey Legal Services Limited is a private company, limited by shares, registered in England and Wales, registration number 07429484. The registered office is Unit 8, Cunningham Court, Blackburn, BB1 2QX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2023
(2,444)
40,629 
38,185 
At 30 November 2024
(2,444)
40,629 
38,185 
Depreciation
At 1 December 2023
(2,444)
29,408 
26,964 
Charge for the year
- 
2,244 
2,244 
At 30 November 2024
(2,444)
31,652 
29,208 
Net book value
At 30 November 2024
- 
8,977 
8,977 
At 30 November 2023
- 
11,221 
11,221 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,164 
10,881 
Amounts owed to group undertakings and other participating interests
(300,000)
- 
Taxes and social security
89,955 
52,046 
Loans from directors
(11,915)
2,317 
Accruals
485 
485 
(219,311)
65,729 
- 5 -
Bailey Legal Services Limited Notes to the Accounts for the year ended 30 November 2024
6
Average number of employees
During the year the average number of employees was 4 (2023: 4).
- 6 -