Abbreviated Company Accounts - BAILEY INSTRUMENTS LTD

BAILEY INSTRUMENTS LTD - Company Information

02332419 BAILEY INSTRUMENTS LTD 2015-07-31 false 2014-08-01 2015-07-31 true 02332419 2014-08-01 2015-07-31 02332419 2015-07-31 02332419 2014-07-31 02332419 uk-gaap-cd-bus:Director1 2014-08-01 2015-07-31 02332419 uk-gaap-cd-bus:Director2 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 iso4217:GBP shares

Registered Number 02332419

BAILEY INSTRUMENTS LTD

Abbreviated Accounts

31 July 2015

BAILEY INSTRUMENTS LTD Registered Number 02332419

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	8,130	6,566
		8,130	6,566
Current assets
Stocks		946,024	447,333
Debtors		457,467	298,548
Cash at bank and in hand		143,320	554,558
		1,546,811	1,300,439
Creditors: amounts falling due within one year		(404,540)	(419,923)
Net current assets (liabilities)		1,142,271	880,516
Total assets less current liabilities		1,150,401	887,082
Total net assets (liabilities)		1,150,401	887,082
Capital and reserves
Called up share capital	3	10,000	10,000
Profit and loss account		1,140,401	877,082
Shareholders' funds		1,150,401	887,082

For the year ending 31 July 2015 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 26 February 2016

And signed on their behalf by:
S Charlsworth, Director

BAILEY INSTRUMENTS LTD Registered Number 02332419

Notes to the Abbreviated Accounts for the period ended 31 July 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets

	£
Cost
At 1 August 2014	90,583
Additions	5,288
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2015	95,871
Depreciation
At 1 August 2014	84,017
Charge for the year	3,724
On disposals	-
At 31 July 2015	87,741
Net book values
At 31 July 2015	8,130
At 31 July 2014	6,566

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
10,000 A Ordinary shares of £1 each	10,000	10,000