Bailey and Sons Property Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 15597979

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		407		543
Investment Properties	5		155,000		155,000

			155,407		155,543
CURRENT ASSETS
Debtors	6	25		200
Cash at bank and in hand		1,580		1,387

		1,605		1,587
Creditors: Amounts Falling Due Within One Year	7	(59,767 )		(58,691 )

NET CURRENT ASSETS (LIABILITIES)			(58,162 )		(57,104 )

TOTAL ASSETS LESS CURRENT LIABILITIES			97,245		98,439

Creditors: Amounts Falling Due After More Than One Year	8		(114,809 )		(114,809 )

NET LIABILITIES			(17,564 )		(16,370 )

CAPITAL AND RESERVES
Called up share capital	9		200		200
Profit and Loss Account			(17,764 )		(16,570 )

SHAREHOLDERS' FUNDS			(17,564)		(16,370)

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Bailey and Sons Property Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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

Mrs C Bailey

Director

14 July 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Bailey and Sons Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15597979 . The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.

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. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

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.

2.4. 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

over 5 years

2.5. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 April 2025	678

As at 31 March 2026	678

Depreciation
As at 1 April 2025	135
Provided during the period	136

As at 31 March 2026	271

Net Book Value
As at 31 March 2026	407

As at 1 April 2025	543

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Bailey and Sons Property Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

5. Investment Property

	2026
	£
Fair Value
As at 1 April 2025 and 31 March 2026	155,000

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2026	2025
	£	£
Cost	-	155,000

6. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	25	200

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other creditors	59,767	58,691

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

	2026	2025
	£	£
Other loans	-	114,809
Other creditors	114,809	-

	114,809	114,809

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	200	200

10. Related Party Transactions

Included within other creditors is the amount of £59,767 (2025 - £58,691) owed to the directors. This amount is undated, unsecured, interest free and repayable upon demand.

11. Controlling Party

The company's controlling party is Mrs C Bailey and Mr C Tola Guerrero by virtue of their directorship ownership of 50% of the issued share capital in the company.

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