REGISTERED NUMBER: 12013118 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

BAYY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Ms E R Phillipou

Ms M J Vaca-Quintero

REGISTERED OFFICE:

111 Charterhouse Street

London

EC1M 6AW

REGISTERED NUMBER:

12013118 (England and Wales)

ACCOUNTANTS:

BAND Advisory Group Limited

111 Charterhouse Street

London

EC1M 6AW

FIXED ASSETS

Property, plant and equipment

4

8,571

9,463

CURRENT ASSETS

Debtors

5

133,394

90,585

Cash at bank

1

75,388

133,395

165,973

CREDITORS

Amounts falling due within one year

6

212,723

138,669

NET CURRENT (LIABILITIES)/ASSETS

(79,328

)

27,304

TOTAL ASSETS LESS CURRENT LIABILITIES

(70,757

)

36,767

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(70,857

)

36,667

(70,757

)

36,767

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 29 May 2026 and were signed on its behalf by:

Ms E R Phillipou - Director

1.	STATUTORY INFORMATION

Bayy 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.

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

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Financial instruments basic financial instruments

Recognition and measurement

The Company enters into basic financial instrument transactions that result in the recognition of

financial assets and liabilities like trade and other debtors and creditors and loans from banks.

Debt instruments (other than those wholly repayable or receivable within one year), including

loans and account receivables and payables, are initially measured at the transaction price

(adjusted for transaction cost) and subsequently at amortised cost using the effective interest

method. Debt instruments that are payable or receivable within one year, typically trade debtors

and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash

or other consideration expected to be paid or received. However, if the arrangement constitutes

a financing transaction, such as a trade debtor or creditor on extended credit terms, initial

measurement is at the present value of future cash flows discounted at a market rate of interest.

Subsequent measurement is at amortised cost.

Financial assets that are measured at cost and amortised cost are assessed at the end of each

reporting period for objective evidence of impairment. If such evidence is identified, an impairment

loss is recognised in the statement of comprehensive income.

For financial assets measured at amortised cost, the impairment loss is measured as the

difference between carrying amount and the present value of estimated cash flows discounted

at the original effective interest rate. If the financial instrument has a variable interest rate the

currently effective rate under the contract is used.

For financial assets measured at cost less impairment, the impairment loss is measured

as the difference between an asset’s carrying amount and best estimate of the recoverable

amount, which is an approximation of the amount that the Company would receive for the

asset if it were to be sold at the reporting date. Financial assets and liabilities are offset, and

the net amount reported in the statement of financial position when there is an enforceable

right to set off the recognised amounts and there is an intention to settle on a net basis

or to realise the asset and settle the liability simultaneously. At present, the Company has not

offset any items.

Derecognition

A financial asset is derecognised only when:

- the contractual rights to the cash flows from the financial asset expire or are settled; or

- substantially all of the risks and rewards of ownership of the financial asset have been

transferred to another party; or

- when despite having retained some, but not substantially all, risks and rewards of

ownership, control of the asset has been transferred to another party and the other

party has the practical ability to sell the asset in its entirety to an unrelated third

party and is able to exercise that ability unilaterally and without needing to impose

additional restrictions on the transfer. In this case, the Company derecognises the asset

and recognises separately any rights and obligations retained or created in the transfer.

A financial liability is derecognised when the contract that gives rise to it is settled, sold, cancelled, or expires. Where an existing financial liability is replaced by another from

the same lender on substantially different terms, or the terms of an existing liability are

substantially modified, such as an exchange or modification, this is treated as a derecognition

of the original liability, such that the difference in the respective carrying amounts together

with any costs or fees incurred are recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 June 2024

14,057

Additions

1,000

At 31 May 2025

15,057

DEPRECIATION

At 1 June 2024

4,594

Charge for year

1,892

At 31 May 2025

6,486

NET BOOK VALUE

At 31 May 2025

8,571

At 31 May 2024

9,463

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,800

(2,164

)

Other debtors

54,615

49,321

Directors' current accounts

74,979

42,880

Prepayments

-

548

133,394

90,585

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

64,123

-

Trade creditors

32,147

24,333

Tax

49,510

59,413

Social security and other taxes

13,872

2,131

VAT

51,091

47,966

Other creditors

480

226

Accruals and deferred income

1,500

4,600

212,723

138,669

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at the year-end date, the directors owed £74,979 to the company which is repayable on

demand.