Company Registration No. 10517332 (England and Wales)
F & Bailey Co Limited
Unaudited accounts
for the year ended 31 December 2021
F & Bailey Co Limited
Unaudited accounts
Contents
F & Bailey Co Limited
Company Information
for the year ended 31 December 2021
Company Number
10517332 (England and Wales)
Registered Office
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
United Kingdom
Accountants
Vision Accounting
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
F & Bailey Co Limited
Statement of financial position
as at
31 December 2021
Inventories
102,498
77,181
Cash at bank and in hand
26,007
13,050
Creditors: amounts falling due within one year
(55,959)
(45,145)
Net current assets
72,908
45,266
Called up share capital
100
100
Profit and loss account
72,808
45,166
Shareholders' funds
72,908
45,266
For the year ending 31 December 2021 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 her 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 and authorised for issue on 10 September 2022 and were signed on its behalf by
Feifei Wu
Director
Company Registration No. 10517332
F & Bailey Co Limited
Notes to the Accounts
for the year ended 31 December 2021
F & Bailey Co Limited is a private company, limited by shares, registered in England and Wales, registration number 10517332. The registered office is Fortis House, Cothey Way, Ryde, Isle of Wight, PO33 1QT, United Kingdom.
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.
4
Debtors: amounts falling due within one year
2021
2020
5
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
7,828
1,956
Other creditors
33,470
33,470
Loans from directors
14,661
9,719
6
Average number of employees
During the year the average number of employees was 1 (2020: 1).