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
Bailey Legal Services Limited
Company Information
for the year ended 30 November 2024
Company Number
07429484 (England and Wales)
Registered Office
Unit 8
Cunningham Court
Blackburn
BB1 2QX
Bailey Legal Services Limited
Statement of financial position
as at 30 November 2024
Tangible assets
8,977
11,221
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
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
Bailey Legal Services Limited
Notes to the Accounts
for the year ended 30 November 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
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
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
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).