Company Registration No. 9068243 (England and Wales)
Bailey Build Limited
Unaudited accounts
for the year ended 30 June 2018
Bailey Build Limited
Unaudited accounts
Contents
Bailey Build Limited
Company Information
for the year ended 30 June 2018
Company Number
9068243 (England and Wales)
Registered Office
9 Blackham Drive
Sutton Coldfield
West Midlands
B73 5HG
Accountants
Mike Chapman Associates Ltd
36 Wyndley Grove
Sutton Coldfield
West Midlands
B72 1AR
Bailey Build Limited
Statement of financial position
as at
30 June 2018
Tangible assets
3,959
4,931
Cash at bank and in hand
40,283
13,656
Creditors: amounts falling due within one year
(45,601)
(41,160)
Net current assets/(liabilities)
4,739
(192)
Called up share capital
100
100
Profit and loss account
8,598
4,639
Shareholders' funds
8,698
4,739
For the year ending 30 June 2018 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 director acknowledges his 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.
Approved by the Board on 4 December 2018.
Mark Bailey
Director
Company Registration No. 9068243
Bailey Build Limited
Notes to the Accounts
for the year ended 30 June 2018
Bailey Build Limited is a private company, limited by shares, registered in England and Wales, registration number 9068243. The registered office is 9 Blackham Drive, Sutton Coldfield, West Midlands, B73 5HG.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2017
11,689
-
11,689
At 30 June 2018
11,689
348
12,037
At 1 July 2017
6,758
-
6,758
Charge for the year
1,233
87
1,320
At 30 June 2018
7,991
87
8,078
At 30 June 2018
3,698
261
3,959
At 30 June 2017
4,931
-
4,931
Bailey Build Limited
Notes to the Accounts
for the year ended 30 June 2018
Trade debtors
10,057
26,017
6
Creditors: amounts falling due within one year
2018
2017
Obligations under finance leases and hire purchase contracts
920
3,681
Taxes and social security
33,663
18,364
Loans from directors
10,850
18,716
7
Share capital
2018
2017
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 0 (2017: 0).