Bailey Access Solutions Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08712497 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2015

FOR

BAILEY ACCESS SOLUTIONS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S D M Bailey

Mrs S J Bailey

SECRETARY:

REGISTERED OFFICE:

22 Upton Road

Southville

Bristol

BS3 1LP

REGISTERED NUMBER:

08712497 (England and Wales)

ACCOUNTANTS:

Branscombe Accountancy Services Limited

2 Branscombe Walk

Portishead

North Somerset

BS20 8LP

BANKERS:

Santander

Bridle Road

Bootle

L30 4GB

FIXED ASSETS

Tangible assets

2

600

CURRENT ASSETS

Debtors

498

Cash at bank

1,853

2,351

CREDITORS

Amounts falling due within one year

2,872

NET CURRENT LIABILITIES

(521

)

TOTAL ASSETS LESS CURRENT LIABILITIES

79

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

77

SHAREHOLDERS' FUNDS

79

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2015 in accordance with Section 476 of the Companies Act 2006.

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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 7 July 2016 and were signed on its behalf by:

S D M Bailey - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

800

At 31 October 2015

800

DEPRECIATION

Charge for year

200

At 31 October 2015

200

NET BOOK VALUE

At 31 October 2015

600

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

£1

2