Company registration number 12819012 (England and Wales)
BAY RETAIL GROUP LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
BAY RETAIL GROUP LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
BAY RETAIL GROUP LIMITED
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Intangible assets
3
216,500
43,800
Tangible assets
4
132,686
106,789
349,186
150,589
Current assets
Stocks
113,852
89,176
Debtors
5
163,050
8,261
Cash at bank and in hand
32,232
249,327
309,134
346,764
Creditors: amounts falling due within one year
Loans and overdrafts
15,456
-
0
Taxation and social security
45,381
71,715
Other creditors
6
247,098
100,305
307,935
172,020
Net current assets
1,199
174,744
Total assets less current liabilities
350,385
325,333
Creditors: amounts falling due after more than one year
Loans and overdrafts
75,618
-
0
(75,618)
-
Provisions for liabilities
(19,311)
(18,499)
Net assets
255,456
306,834
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
255,356
306,734
Total equity
255,456
306,834

The notes on pages 3 to 6 form part of these financial statements.

BAY RETAIL GROUP LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2026
31 March 2026
- 2 -

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 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.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 24 August 2026
Mr J D Brown
Director
Company registration number 12819012 (England and Wales)
BAY RETAIL GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 3 -
1
Accounting policies
Company information

Bay Retail Group Limited is a private company limited by shares incorporated in England and Wales. The registered office is Dalton House, 9 Dalton Square, Lancaster, Lancashire, United Kingdom, LA1 1WD.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable, for goods provided in the normal course of business, net of discounts, rebates, value added tax and other sales taxes.

1.3
Intangible fixed assets - goodwill

Goodwill represents the amount paid in connection with business acquisitions. It is capitalised and amortised on a straight-line basis over its estimated useful economic life of ten years.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
15% reducing balance
Computers
Straight line over 4 years
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

BAY RETAIL GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 4 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.7
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.8
Leases
As lessee

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

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
25
19
BAY RETAIL GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 5 -
3
Intangible fixed assets
Goodwill
£
Cost
At 1 April 2025
73,000
Additions
200,000
At 31 March 2026
273,000
Amortisation and impairment
At 1 April 2025
29,200
Amortisation charged for the year
27,300
At 31 March 2026
56,500
Carrying amount
At 31 March 2026
216,500
At 31 March 2025
43,800
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2025
190,478
Additions
50,457
At 31 March 2026
240,935
Depreciation and impairment
At 1 April 2025
83,689
Depreciation charged in the year
24,560
At 31 March 2026
108,249
Carrying amount
At 31 March 2026
132,686
At 31 March 2025
106,789
5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Other debtors
163,050
8,261
BAY RETAIL GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 6 -
6
Other creditors falling due within one year
2026
2025
£
£
Trade creditors
46,760
85,430
Other creditors
184,225
5,226
Accruals and deferred income
16,113
9,649
247,098
100,305
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