Bailey Energy Services Ltd - Filleted accounts

Registered number

12489365

Bailey Energy Services Ltd

Filleted Accounts

31 March 2026

Bailey Energy Services Ltd
Registered number:		12489365
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		256,966			162,429

Current assets
Debtors	4	239,576			329,797
Cash at bank and in hand		136,598			79,303
		376,174			409,100

Creditors: amounts falling due within one year	5	(117,326)			(170,401)

Net current assets			258,848			238,699

Total assets less current liabilities			515,814			401,128

Creditors: amounts falling due after more than one year	6		(104,640)			(52,472)

Provisions for liabilities			(68,877)			(42,169)


Net assets			342,297			306,487

Capital and reserves
Called up share capital			1			1
Profit and loss account			342,296			306,486

Shareholder's funds			342,297			306,487

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




P Bailey
Director
Approved by the board on 14 October 2026

Bailey Energy Services Ltd
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 3-5 years
	Motor vehicles	over 10 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			4		4


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2025	59,032		148,148		207,180
	Additions	13,811		116,192		130,003
	At 31 March 2026	72,843		264,340		337,183

	Depreciation
	At 1 April 2025	29,198		15,553		44,751
	Charge for the year	15,738		19,728		35,466
	At 31 March 2026	44,936		35,281		80,217

	Net book value
	At 31 March 2026	27,907		229,059		256,966
	At 31 March 2025	29,834		132,595		162,429


4	Debtors			2026		2025
£					£

	Trade debtors			79,579		200,514
	Director's loan account			150,239		116,339
	Other debtors			9,758		12,944
				239,576		329,797


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Bank loans and overdrafts			2,015		6,006
	Obligations under finance lease and hire purchase contracts			35,617		16,488
	Trade creditors			19,500		76,414
	Taxation and social security costs			52,909		71,224
	Other creditors			7,285		269
				117,326		170,401


6	Creditors: amounts falling due after one year			2026		2025
£					£

	Bank loans			-		2,008
	Obligations under finance lease and hire purchase contracts			104,640		50,464
				104,640		52,472


7	Other information

	Bailey Energy Services Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	11 Fiveways Close
	Baydon
	Marlborough
	SN8 2LH