REGISTERED NUMBER: 10327695 (England and Wales)

I. BAILEY STEEL BUILDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTOR:

Mr I Bailey

REGISTERED OFFICE:

81 Burton Road

Derby

Derbyshire

DE1 1TJ

BUSINESS ADDRESS:

6 Deepcut Road

Draycott-in-the-Clay

ASHBOURNE

DE6 5BW

REGISTERED NUMBER:

10327695 (England and Wales)

ACCOUNTANTS:

Johnson Tidsall Limited

Chartered Accountants

81 Burton Road

Derby

Derbyshire

DE1 1TJ

FIXED ASSETS

Tangible assets

4

34,353

8,847

CURRENT ASSETS

Stocks

530

620

Debtors

5

6,785

5,705

Cash at bank

207,807

293,483

215,122

299,808

CREDITORS

Amounts falling due within one year

6

29,611

65,731

NET CURRENT ASSETS

185,511

234,077

TOTAL ASSETS LESS CURRENT LIABILITIES

219,864

242,924

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

219,764

242,824

SHAREHOLDERS' FUNDS

219,864

242,924

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 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 25 November 2025 and were signed by:

Mr I Bailey - Director

1.	STATUTORY INFORMATION

I. Bailey Steel Buildings 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.

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.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on 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.

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

2,357

362

47,059

1,717

51,495

Additions

370

855

40,606

-

41,831

Disposals

-

-

(30,449

)

-

(30,449

)

At 31 August 2025

2,727

1,217

57,216

1,717

62,877

DEPRECIATION

At 1 September 2024

812

98

40,021

1,717

42,648

Charge for year

285

167

10,591

-

11,043

Eliminated on disposal

-

-

(25,167

)

-

(25,167

)

At 31 August 2025

1,097

265

25,445

1,717

28,524

NET BOOK VALUE

At 31 August 2025

1,630

952

31,771

-

34,353

At 31 August 2024

1,545

264

7,038

-

8,847

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

-

706

Prepayments and accrued income

6,785

4,999

6,785

5,705

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

167

-

Corporation tax

3,431

28,538

Social security and other taxes

112

-

VAT

16,712

25,133

Other creditors

5,792

7,888

Directors' current accounts

254

1,108

Accruals and deferred income

3,143

3,064

29,611

65,731