Acorah Software Products - Accounts Production 19.3.550 false true 28 February 2025 1 March 2024 false 15 June 2026 1 March 2025 28 February 2026 28 February 2026 12857461 Mrs K L George Mr I Bailey Mr M Bailey true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12857461 2025-02-28 12857461 2026-02-28 12857461 2025-03-01 2026-02-28 12857461 frs-core:PlantMachinery 2025-03-01 2026-02-28 12857461 frs-core:ShareCapital 2026-02-28 12857461 frs-core:RetainedEarningsAccumulatedLosses 2026-02-28 12857461 frs-bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 12857461 frs-bus:AbridgedAccounts 2025-03-01 2026-02-28 12857461 frs-bus:SmallEntities 2025-03-01 2026-02-28 12857461 frs-bus:Audited 2025-03-01 2026-02-28 12857461 frs-bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 12857461 frs-bus:Director1 2025-03-01 2026-02-28 12857461 frs-bus:Director2 2025-03-01 2026-02-28 12857461 frs-bus:Director3 2025-03-01 2026-02-28 12857461 frs-countries:EnglandWales 2025-03-01 2026-02-28 12857461 2024-02-29 12857461 2025-02-28 12857461 2024-03-01 2025-02-28 12857461 frs-core:ShareCapital 2025-02-28 12857461 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28
Registered number: 12857461
Baileys Wholesale Limited
ABRIDGED Financial Statements
For The Year Ended 28 February 2026
HSJ Accountants Ltd
Severn House
Hazell Drive
Newport
NP10 8FY
Baileys Wholesale Limited
Contents
Contents

| Page
--- | ---
Company Information | 1
Abridged Balance Sheet | 2—3
Notes to the Abridged Financial Statements | 4—5

Page 1
Baileys Wholesale Limited
Company Information
For The Year Ended 28 February 2026
Company Information

Directors | Mrs K L George
| Mr I Bailey
| Mr M Bailey
Company Number | 12857461
Registered Office | Baileys Diy
| Brecon Road
| Abergavenny
| NP7 7RB
Accountants | HSJ Accountants Ltd
| Severn House
| Hazell Drive
| Newport
| NP10 8FY
Auditors | HSJ Audit Limited
| Severn House
| Hazel Drvie
| Newport
| NP10 8FY
Bankers | Barclays
| 1, Churchill Place
| London
| E14 5HP

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Baileys Wholesale Limited
Abridged Balance Sheet
As At 28 February 2026
Abridged Balance Sheet
Registered number: 12857461

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 55,784 |  | 41,264
|  |  | 55,784 |  | 41,264
CURRENT ASSETS
Stocks |  | 1,217,796 |  | 1,407,430 |
Debtors |  | 1,519,445 |  | 1,307,636 |
Cash at bank and in hand |  | 232,048 |  | 184,711 |
|  | 2,969,289 |  | 2,899,777 |
Creditors: Amounts Falling Due Within One Year |  | (1,692,777 ) |  | (1,601,570 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,276,512 |  | 1,298,207
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,332,296 |  | 1,339,471
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (13,946 ) |  | (7,862 )
NET ASSETS |  |  | 1,318,350 |  | 1,331,609
CAPITAL AND RESERVES
Called up share capital | 5 |  | 200 |  | 200
Profit and Loss Account |  |  | 1,318,150 |  | 1,331,409
SHAREHOLDERS' FUNDS |  |  | 1,318,350 |  | 1,331,609

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Baileys Wholesale Limited
Abridged Balance Sheet (continued)
As At 28 February 2026
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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 28 February 2026 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board

Mrs K L George Director
12 June 2026

The notes on pages 4 to 5 form part of these financial statements.
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Baileys Wholesale Limited
Notes to the Abridged Financial Statements
For The Year Ended 28 February 2026
Notes to the Abridged Financial Statements
1. General Information
Baileys Wholesale Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12857461 . The registered office is Baileys Diy, Brecon Road, Abergavenny, NP7 7RB.
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.
2.3. 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 | 20% straight line

2.4. 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.
2.5. 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. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. 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. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
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. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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Baileys Wholesale Limited
Notes to the Abridged Financial Statements (continued)
For The Year Ended 28 February 2026
3. Average Number of Employees
Average number of employees, including directors, during the year was: 19 (2025: 24)
19 24
4. Tangible Assets

| Total
--- | ---
| £
Cost
As at 1 March 2025 | 58,762
Additions | 24,817
As at 28 February 2026 | 83,579
Depreciation
As at 1 March 2025 | 17,498
Provided during the period | 10,297
As at 28 February 2026 | 27,795
Net Book Value
As at 28 February 2026 | 55,784
As at 1 March 2025 | 41,264

5. Share Capital

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

6. Related Party Disclosures
The company has taken advantage of exemption, under 33.1A of the Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", not to disclose transactions with wholly owned subsidiaries within the group.
7. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
8. Audit Information
The auditor's report on the accounts of Baileys Wholesale Limited for the year ended 28 February 2026 was unqualified.
The auditor's report was signed by Andrew Hill FCCA ACA DChA BFP , Statutory Auditor.

HSJ Audit Limited Severn House Hazel Drvie Newport NP10 8FY

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