Company No: 15903327 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.08.2025
		£
Fixed assets
Investments	3	12,562,500
		12,562,500
Current assets
Debtors	4	89,980
Cash at bank and in hand		37,577
		127,557
Creditors: amounts falling due within one year	5	( 1,829,725)
Net current liabilities		(1,702,168)
Total assets less current liabilities		10,860,332
Creditors: amounts falling due after more than one year	6	( 10,849,333)
Net assets		10,999
Capital and reserves
Called-up share capital	7	80
Capital redemption reserve		4
Profit and loss account		10,915
Total shareholders' funds		10,999

For the financial period ending 31 August 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Bailey Partnership (Holdings) Limited (registered number: 15903327) were approved and authorised for issue by the Board of Directors on 14 January 2026. They were signed on its behalf by:

Mr P Schlussas Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Bailey Partnership (Holdings) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Lyster Court 2 Craigie Drive, The Millfields, Plymouth, PL1 3JB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption in section 399 of the Companies Act 2006 not to prepare consolidated accounts, because the group it heads qualifies as small. The financial statements present information about the Company as an individual entity only.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

2. Employees

	Period from 19.08.2024 to 31.08.2025
	Number
Monthly average number of persons employed by the Company during the period, including directors	0

3. Fixed asset investments

Investments in subsidiaries

	31.08.2025
	£
Cost
At 19 August 2024	0
Additions	12,562,500
At 31 August 2025	12,562,500
Carrying value at 31 August 2025	12,562,500

The above investment relates to a 100% shareholding in Bailey Partnership (Group) Limited.

4. Debtors

	31.08.2025
	£
Amounts owed by Group undertakings	73,750
Other debtors	16,230
	89,980

5. Creditors: amounts falling due within one year

	31.08.2025
	£
Bank loans	425,000
Other creditors	1,404,725
	1,829,725

6. Creditors: amounts falling due after more than one year

	31.08.2025
	£
Bank loans	920,833
Other creditors	9,928,500
	10,849,333

The bank loans are secured by way of a fixed and floating charge over all property of the company.

7. Called-up share capital

	31.08.2025
	£
Allotted, called-up and fully-paid
3,000 Ordinary A shares of £ 0.01 each	30
5,000 Ordinary B shares of £ 0.01 each	50
	80