| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 31 January 2026 |
| for |
| THE BAYLISS TRUST LIMITED |
| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 31 January 2026 |
| for |
| THE BAYLISS TRUST LIMITED |
| THE BAYLISS TRUST LIMITED (REGISTERED NUMBER: 00432505) |
| Contents of the Financial Statements |
| for the Year Ended 31 January 2026 |
| Page |
| Statement of Financial Position | 1 |
| Notes to the Financial Statements | 3 |
| THE BAYLISS TRUST LIMITED (REGISTERED NUMBER: 00432505) |
| Statement of Financial Position |
| 31 January 2026 |
| 31.1.26 | 31.1.25 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| Investment property | 6 |
| CURRENT ASSETS |
| Debtors | 7 |
| Prepayments and accrued income |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| ACCRUALS AND DEFERRED INCOME | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Share premium |
| Fair value reserve |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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 BAYLISS TRUST LIMITED (REGISTERED NUMBER: 00432505) |
| Statement of Financial Position - continued |
| 31 January 2026 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| THE BAYLISS TRUST LIMITED (REGISTERED NUMBER: 00432505) |
| Notes to the Financial Statements |
| for the Year Ended 31 January 2026 |
| 1. | STATUTORY INFORMATION |
| The Bayliss Trust Limited is a |
| Registered number: |
| Registered office: |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Related party exemption |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
| Significant judgements and estimates |
| In determining and applying accounting policies, judgement is often required in respect of items where the choice of specific policy, accounting estimates or assumptions to be followed could materially affect the reported results or net asset position of the company. It may later be determined that a different choice would have been more appropriate. Management considers that certain accounting estimates and assumptions relating to revenue, taxation, tangible fixed assets and provisions are its critical accounting policies. |
| Turnover |
| Turnover is measured at the fair value of its consideration received or receivable, excluding discounts, rebates, value added taxes and other sales taxes. Turnover represents rents receivable from tenants. |
| Tangible fixed assets |
| Land Drainage | - |
| Fixtures and fittings | - |
| Water scheme | - |
| Computer equipment | - |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit and loss. |
| THE BAYLISS TRUST LIMITED (REGISTERED NUMBER: 00432505) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2026 |
| 2. | ACCOUNTING POLICIES - continued |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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. |
| 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. |
| Provisions |
| Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably estimated. Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date. |
| Fixed asset investments |
| Investments in stocks and shares are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss with any gain or loss being transferred to a fair value reserve where their value can be measured reliably. |
| Where a gain is realised upon sale of the investments, a transfer from the non-distributable fair value reserve is made to retained earnings. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| THE BAYLISS TRUST LIMITED (REGISTERED NUMBER: 00432505) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2026 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Land | and | Water | Computer |
| Drainage | fittings | scheme | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1 February 2025 |
| and 31 January 2026 |
| DEPRECIATION |
| At 1 February 2025 |
| Charge for year |
| At 31 January 2026 |
| NET BOOK VALUE |
| At 31 January 2026 |
| At 31 January 2025 |
| 5. | FIXED ASSET INVESTMENTS |
| Other |
| investments |
| £ |
| COST OR VALUATION |
| At 1 February 2025 |
| Revaluations |
| At 31 January 2026 |
| NET BOOK VALUE |
| At 31 January 2026 |
| At 31 January 2025 |
| Cost or valuation at 31 January 2026 is represented by: |
| Other |
| investments |
| £ |
| Valuation in 2020 | 882 |
| Valuation in 2021 | (14,090 | ) |
| Valuation in 2022 | 14,886 |
| Valuation in 2023 | (24,990 | ) |
| Valuation in 2024 | (11,309 | ) |
| Valuation in 2025 | 40,180 |
| Valuation in 2026 | 34,462 |
| Cost | 650,000 |
| 690,021 |
| THE BAYLISS TRUST LIMITED (REGISTERED NUMBER: 00432505) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2026 |
| 5. | FIXED ASSET INVESTMENTS - continued |
| The directors consider that the investment property is valued at fair market value at the end of the financial year. |
| 6. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 February 2025 |
| and 31 January 2026 |
| NET BOOK VALUE |
| At 31 January 2026 |
| At 31 January 2025 |
| Fair value at 31 January 2026 is represented by: |
| £ |
| Valuation in 1977 | 369,050 |
| Valuation in 2001 | 1,698,995 |
| Valuation in 2017 | 1,904,572 |
| Cost | 402,436 |
| 4,375,053 |
| The directors consider that the investment property is valued at fair market value at the end of the financial year. |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.1.26 | 31.1.25 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.1.26 | 31.1.25 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |