Bayliss Printing Company Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 00969252

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		877,007		964,167

			877,007		964,167
CURRENT ASSETS
Stocks	6	140,537		139,537
Debtors	7	1,117,376		1,075,758
Cash at bank and in hand		27,426		80,121

		1,285,339		1,295,416
Creditors: Amounts Falling Due Within One Year	8	(1,416,095 )		(1,452,602 )

NET CURRENT ASSETS (LIABILITIES)			(130,756 )		(157,186 )

TOTAL ASSETS LESS CURRENT LIABILITIES			746,251		806,981

Creditors: Amounts Falling Due After More Than One Year	9		(19,497 )		(63,018 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(201,287 )		(219,133 )

NET ASSETS			525,467		524,830

CAPITAL AND RESERVES
Called up share capital	11		130		130
Revaluation reserve			191,446		191,446
Profit and Loss Account			333,891		333,254

SHAREHOLDERS' FUNDS			525,467		524,830

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Bayliss Printing Company Limited

Balance Sheet (continued)

As At 30 April 2025

For the year ending 30 April 2025 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr M A Shaw

Director

6 October 2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Bayliss Printing Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00969252 . The registered office is Suite 5, The Willows, Ransom Wood Business Park, Southwell Road West, Rainworth, Mansfield, Nottinghamshire, NG21 0HJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of four years.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are computer software. It is amortised to profit and loss account over its estimated economic life of three years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	10% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	15% reducing balance

2.6. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.7. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Bayliss Printing Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

2.8. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 37 (2024: 37)

4. Intangible Assets

	Goodwill	Other	Total
	£	£	£
Cost
As at 1 May 2024	40,000	1,755	41,755

As at 30 April 2025	40,000	1,755	41,755

Amortisation
As at 1 May 2024	40,000	1,755	41,755

As at 30 April 2025	40,000	1,755	41,755

Net Book Value
As at 30 April 2025	-	-	-

As at 1 May 2024	-	-	-

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 May 2024	2,210,331	27,545	71,210	2,309,086
Additions	10,910	-	3,107	14,017

As at 30 April 2025	2,221,241	27,545	74,317	2,323,103

Depreciation
As at 1 May 2024	1,291,332	18,099	35,488	1,344,919
Provided during the period	92,991	2,362	5,824	101,177

As at 30 April 2025	1,384,323	20,461	41,312	1,446,096

Net Book Value
As at 30 April 2025	836,918	7,084	33,005	877,007

As at 1 May 2024	918,999	9,446	35,722	964,167

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Bayliss Printing Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2025	2024
	£	£
Plant & Machinery	147,060	163,400

6. Stocks

	2025	2024
	£	£
Finished goods	140,537	139,537

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	984,319	917,815
Other debtors	132,857	157,743

	1,117,176	1,075,558
Due after more than one year
Amounts recoverable on contracts	200	200

	1,117,376	1,075,758

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	41,137	63,760
Trade creditors	640,659	661,733
Bank loans and overdrafts	17,818	17,818
Other creditors	661,629	647,780
Taxation and social security	54,852	61,511

	1,416,095	1,452,602

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	19,497	45,200
Bank loans	-	17,818

	19,497	63,018

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Bayliss Printing Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	41,137	63,760
Later than one year and not later than five years	19,497	45,200

	60,634	108,960

	60,634	108,960

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	130	130

12. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 May 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 April 2025
	£	£	£	£	£
Mr John Bayliss	10,000	-	-	-	10,000
Mr Mark Shaw	10,000	-	-	-	10,000

The above loan is unsecured, interest free and repayable on demand.

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