REGISTERED NUMBER: 15885957 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 8 AUGUST 2024 TO 31 AUGUST 2025

FOR

ALEX BAILEY CONTRACTING LTD

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

DIRECTOR:

Mr A P Bailey

REGISTERED OFFICE:

20 Birchwood Road

Woolaston

Lydney

GL15 6PE

REGISTERED NUMBER:

15885957 (England and Wales)

ACCOUNTANTS:

Mitchell Glanville Limited

2nd Floor

Cumberland House

Oriel Road

Cheltenham

Gloucestershire

GL50 1BB

FIXED ASSETS

Intangible assets

4

109,350

Tangible assets

5

435,761

545,111

CURRENT ASSETS

Stocks

18,881

Debtors

6

181,530

Cash at bank

7,030

207,441

CREDITORS

Amounts falling due within one year

7

341,413

NET CURRENT LIABILITIES

(133,972

)

TOTAL ASSETS LESS CURRENT LIABILITIES

411,139

CREDITORS

Amounts falling due after more than one year

8

(406,348

)

PROVISIONS FOR LIABILITIES

(9,355

)

NET LIABILITIES

(4,564

)

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

(4,565

)

SHAREHOLDERS' FUNDS

(4,564

)

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

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

The director acknowledges his 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 August 2026 and were signed by:

Mr A P Bailey - Director

1.	STATUTORY INFORMATION

Alex Bailey Contracting Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

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

GOODWILL

Goodwill, being the amount paid in connection with the acquisition of a business in 2025, is being amortised evenly over its estimated useful life of ten years.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

STOCKS

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

TAXATION

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

121,500

At 31 August 2025

121,500

AMORTISATION

Amortisation for period

12,150

At 31 August 2025

12,150

NET BOOK VALUE

At 31 August 2025

109,350

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

Additions

572,125

44,000

616,125

Disposals

(102,500

)

-

(102,500

)

At 31 August 2025

469,625

44,000

513,625

DEPRECIATION

Charge for period

134,864

1,833

136,697

Eliminated on disposal

(58,833

)

-

(58,833

)

At 31 August 2025

76,031

1,833

77,864

NET BOOK VALUE

At 31 August 2025

393,594

42,167

435,761

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

181,530

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

4,492

Hire purchase contracts

196,502

Trade creditors

74,830

Tax

17,866

Social security and other taxes

36

VAT

45,964

Directors' current accounts

223

Accrued expenses

1,500

341,413

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Hire purchase contracts

406,348

£

Amounts falling due in more than five years:

Repayable by instalments

Hire purchase

406,348

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included within creditors is a balance owed to the director of £223. This loan has no repayment terms and does not attract interest.