REGISTERED NUMBER: 07074439 (England and Wales)

BAYLISS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

7

DIRECTORS:

A L Biswas

Mrs E A Biswas

REGISTERED OFFICE:

The Riding School House

Bulls Lane

Wishaw

Sutton Coldfield

West Midlands

B76 9QW

REGISTERED NUMBER:

07074439 (England and Wales)

ACCOUNTANTS:

Phoenix Associates Limited

The Riding School House

Bulls Lane

Wishaw

Sutton Coldfield

West Midlands

B76 9QW

FIXED ASSETS

Tangible assets

4

130,974

143,635

Investments

5

150

150

131,124

143,785

CURRENT ASSETS

Stocks

172,322

132,298

Debtors

6

35,905

19,336

Cash at bank and in hand

137,435

273,801

345,662

425,435

CREDITORS

Amounts falling due within one year

7

420,451

514,139

NET CURRENT LIABILITIES

(74,789

)

(88,704

)

TOTAL ASSETS LESS CURRENT LIABILITIES

56,335

55,081

PROVISIONS FOR LIABILITIES

15,837

15,290

NET ASSETS

40,498

39,791

CAPITAL AND RESERVES

Called up share capital

8

36,000

36,000

Retained earnings

9

4,498

3,791

SHAREHOLDERS' FUNDS

40,498

39,791

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit & loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 September 2026 and were signed on its behalf by:

A L Biswas - Director

1.	STATUTORY INFORMATION

Bayliss Limited 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.

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.

Tangible fixed assets

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

Improvements to property

-

in accordance with the property

Plant and machinery

-

25% on cost

Fixtures and fittings

-

10% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

20% on cost

Stocks

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

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 year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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 year 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2025 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2025

2,417

9,579

49,165

Additions

-

1,127

4,753

At 31 March 2026

2,417

10,706

53,918

DEPRECIATION

At 1 April 2025

2,417

4,484

29,688

Charge for year

-

1,805

3,711

At 31 March 2026

2,417

6,289

33,399

NET BOOK VALUE

At 31 March 2026

-

4,417

20,519

At 31 March 2025

-

5,095

19,477

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2025

125,721

28,298

215,180

Additions

5,829

515

12,224

At 31 March 2026

131,550

28,813

227,404

DEPRECIATION

At 1 April 2025

15,691

19,265

71,545

Charge for year

15,864

3,505

24,885

At 31 March 2026

31,555

22,770

96,430

NET BOOK VALUE

At 31 March 2026

99,995

6,043

130,974

At 31 March 2025

110,030

9,033

143,635

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

31/3/26

31/3/25

£

£

Investments

150

150

The cost of investments relates to shares held in National Merchant Buying Society Limited, an Industrial & Provident Society, set up to give businesses greater buying powers. It is a condition of membership that a minimum number of shares are held. In the opinion of the directors the value of these shares has not materially increased.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade debtors

5,575

(3,210

)

Other debtors

30,330

22,546

35,905

19,336

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade creditors

248,424

214,825

Taxation and social security

60,136

77,511

Other creditors

111,891

221,803

420,451

514,139

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/26

31/3/25

value:

£

£

36,000

Ordinary

£1

36,000

36,000

9.

RESERVES

Retained

earnings

£

At 1 April 2025

3,791

Profit for the year

87,493

Dividends

(86,786

)

At 31 March 2026

4,498

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Profit & loss account and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bayliss Limited for the year ended 31 March 2026 which comprise the Profit & loss account, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Bayliss Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bayliss Limited and state those matters that we have agreed to state to the Board of Directors of Bayliss Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Bayliss Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bayliss Limited. You consider that Bayliss Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bayliss Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Phoenix Associates Limited

The Riding School House

Bulls Lane

Wishaw

Sutton Coldfield

West Midlands

B76 9QW

19 September 2026