Bailiwick Ltd - Filleted accounts

Registered number

12725347

Bailiwick Ltd

Unaudited Filleted Accounts

for the year ended 31 July 2025

Bailiwick Ltd
Registered number:		12725347
Balance Sheet
as at 31 July 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		54,786			33,098

Current assets
Cash at bank and in hand		92,326			55,091

Creditors: amounts falling due within one year	4	(87,633)			(49,179)

Net current assets			4,693			5,912

Total assets less current liabilities			59,479			39,010

Creditors: amounts falling due after more than one year	5		(23,150)			(26,365)

Provisions for liabilities			(10,409)			(6,289)


Net assets			25,920			6,356

Capital and reserves
Called up share capital			100			2
Profit and loss account			25,820			6,354

Shareholder's funds			25,920			6,356

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Halwinder Summon
Director
Approved by the board on 27 April 2026

Bailiwick Ltd
Notes to the Accounts
for the year ended 31 July 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Garden office			Over 25 years
	Furniture, fixture & equipment			20% reducing balance
	Motor vehicles			20% reducing balance


	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					3		3


3	Tangible fixed assets
		Garden office		Furniture, fixture & equipment		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 August 2024	-		5,525		48,180		53,705
	Additions	29,488		-		-		29,488
	At 31 July 2025	29,488		5,525		48,180		83,193

	Depreciation
	At 1 August 2024	-		3,262		17,345		20,607
	Charge for the year	1,180		453		6,167		7,800
	At 31 July 2025	1,180		3,715		23,512		28,407

	Net book value
	At 31 July 2025	28,308		1,810		24,668		54,786
	At 31 July 2024	-		2,263		30,835		33,098


4	Creditors: amounts falling due within one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					3,106		3,106
	Taxation and social security costs					11,796		13,305
	Other creditors					72,731		32,768
						87,633		49,179


5	Creditors: amounts falling due after one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					23,150		26,365


6	Other information

	Bailiwick Ltd is a private company limited by shares and incorporated in England. Its registered office is:

	6 Old Forge Way
	Sidcup
	Kent
	DA14 4QL