BAYS International Limited 31/12/2025 iXBRL

BAYS International Limited

Filleted accounts

31 December 2025

Company registration number: 08092700

BAYS International Limited

Directors and other information


	Directors	S Ahmed
		A Sohail
		B Sohail


	Secretary	U Sohail


	Company number	08092700


	Registered office	37a Oxford Road
		Oxford
		Oxfordshire
		OX4 2EN


	Accountants	Cox Hinkins & Co. Limited
		Accountants and Taxation Advisors
		The Old Dairy
		12 Stephen Road
		Headington
		Oxford
		OX3 9AY

BAYS International Limited

Balance sheet

31st December 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	5,149		4,579
		_______		_______
			5,149		4,579

Current assets
Debtors	6	443,611		478,603
Cash at bank and in hand		5,888		1,350
		_______		_______
		449,499		479,953
Creditors: amounts falling due
within one year	7	( 273,326)		( 318,950)
		_______		_______
Net current assets			176,173		161,003

			_______		_______
Net assets			181,322		165,582
			_______		_______

Capital and reserves
Called up share capital	8		400,000		400,000
Profit and loss account			( 218,678)		( 234,418)
			_______		_______
Shareholders funds			181,322		165,582
			_______		_______

For the year ending 31 December 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 year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the Profit & loss account has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 24 July 2026 , and are signed on behalf of the board by:

A Sohail

Director

Company registration number: 08092700

BAYS International Limited

Notes to the financial statements

Year ended 31st December 2025

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 37a Oxford Road, Oxford, Oxfordshire, OX4 2EN. There was no significant change in the company's principal activity during the year which continued to be the wholesale of perfumes and cosmetics and the provision of fulfilment and management services .

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The principal accounting policies are set out below. The financial statements are prepared in sterling which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is not recognised in respect of any timing differences at the reporting date as all are insignificant. Unrelieved tax losses and other deferred tax assets are not recognised as it is uncertain when they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to profit or loss.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its residual value, over the useful economic life of that asset as follows:


Equipment	-	Straight line basis at 25% - 33.3% per annum
Motor vehicles	-	Reducing balance basis at 25% per annum

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractualarrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the asset of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 5 (2024: 5 ).

5. Tangible assets

	Equipment	Motor vehicles	Total
	£	£	£
Cost
At 1st January 2025	25,602	60,536	86,138
Additions	2,291	-	2,291
Disposals	( 23,236)	-	( 23,236)
	_______	_______	_______
At 31st December 2025	4,657	60,536	65,193
	_______	_______	_______
Depreciation
At 1st January 2025	25,512	56,047	81,559
Charge for the year	599	1,122	1,721
Disposals	( 23,236)	-	( 23,236)
	_______	_______	_______
At 31st December 2025	2,875	57,169	60,044
	_______	_______	_______
Carrying amount
At 31st December 2025	1,782	3,367	5,149
	_______	_______	_______
At 31st December 2024	90	4,489	4,579
	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	196,097	156,455
Other debtors	247,514	322,148
	_______	_______
	443,611	478,603
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	2,698	4,674
Social security and other taxes	870	1,435
Other creditors	269,758	312,841
	_______	_______
	273,326	318,950
	_______	_______

Other creditors include loans from directors totalling £247,602 (2024: £306,899) which are subordinated to all third party creditors.

8. Called up share capital

Issued, called up and fully paid

	2025		2024
	No	£	No	£
Ordinary shares shares of £ 1.00 each	400,000	400,000	400,000	400,000
	_______	_______	_______	_______

9. Controlling party

The company is under the control of S Ahmed who owns 100% of the issued share capital.