Company Registration No. 05783210 (England and Wales)
Bayfield Electrical Ltd
Unaudited accounts
for the year ended 31 March 2026
Bayfield Electrical Ltd
Unaudited accounts
Contents
Bayfield Electrical Ltd
Company Information
for the year ended 31 March 2026
Directors
K J Hall
D I Allison
Company Number
05783210 (England and Wales)
Registered Office
UNIT 11 RIVERSIDE VIEW
WICKHAM MARKET
WOODBRIDGE
SUFFOLK
IP13 0TA
Accountants
MBS Accountancy Services Ltd
Garden House, 11 Judith Avenue
Knodishall
SAXMUNDHAM
Suffolk
IP17 1UY
Bayfield Electrical Ltd
Accountants' report
Accountants' report to the board of directors of Bayfield Electrical Ltd (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2026.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 March 2026. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
MBS Accountancy Services Ltd
Garden House, 11 Judith Avenue
Knodishall
SAXMUNDHAM
Suffolk
IP17 1UY
21 September 2026
Bayfield Electrical Ltd
Statement of financial position
as at 31 March 2026
Tangible assets
68,524
87,731
Cash at bank and in hand
27,543
33,978
Creditors: amounts falling due within one year
(115,524)
(181,385)
Net current assets/(liabilities)
8,985
(5,497)
Total assets less current liabilities
77,509
82,234
Creditors: amounts falling due after more than one year
-
(9,291)
Provisions for liabilities
Deferred tax
(17,000)
(20,000)
Called up share capital
5
5
Profit and loss account
60,504
52,938
Shareholders' funds
60,509
52,943
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 September 2026 and were signed on its behalf by
K J Hall
Director
Company Registration No. 05783210
Bayfield Electrical Ltd
Notes to the Accounts
for the year ended 31 March 2026
Bayfield Electrical Ltd is a private company, limited by shares, registered in England and Wales, registration number 05783210. The registered office is UNIT 11 RIVERSIDE VIEW, WICKHAM MARKET, WOODBRIDGE, SUFFOLK, IP13 0TA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on reducing balance
Motor vehicles
20% on reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2025
39,308
171,876
211,184
Disposals
-
(61,428)
(61,428)
At 31 March 2026
39,308
127,648
166,956
At 1 April 2025
32,744
90,709
123,453
Charge for the year
1,313
18,112
19,425
On disposals
-
(44,446)
(44,446)
At 31 March 2026
34,057
64,375
98,432
At 31 March 2026
5,251
63,273
68,524
At 31 March 2025
6,564
81,167
87,731
Bayfield Electrical Ltd
Notes to the Accounts
for the year ended 31 March 2026
Amounts falling due within one year
Trade debtors
75,751
127,813
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
833
10,000
Obligations under finance leases and hire purchase contracts
8,452
38,951
Trade creditors
49,467
67,161
Taxes and social security
56,359
55,401
Loans from directors
413
9,872
7
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
-
8,452
8
Average number of employees
During the year the average number of employees was 16 (2025: 16).