BAILEY INSTRUMENTS LTD

BAILEY INSTRUMENTS LTD

BAILEY INSTRUMENTS LTD - Company Information

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BAILEY INSTRUMENTS LTD

Company Registration Number:
02332419 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2017

Period of accounts

Start date: 01 August 2016

End date: 31 July 2017

BAILEY INSTRUMENTS LTD

Contents of the Financial Statements

for the Period Ended 31 July 2017

Balance sheet
Notes

BAILEY INSTRUMENTS LTD

Balance sheet

As at 31 July 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 2 21,501 18,058
Total fixed assets: 21,501 18,058
Current assets
Stocks: 671,605 731,446
Debtors:   239,464 376,600
Cash at bank and in hand: 650,112 526,113
Total current assets: 1,561,181 1,634,159
Creditors: amounts falling due within one year:   (191,939) (263,731)
Net current assets (liabilities): 1,369,242 1,370,428
Total assets less current liabilities: 1,390,743 1,388,486
Creditors: amounts falling due after more than one year:     (4,252)
Total net assets (liabilities): 1,390,743 1,384,234
Capital and reserves
Called up share capital: 11,761 10,000
Share premium account: 38,742
Profit and loss account: 1,340,240 1,374,234
Shareholders funds: 1,390,743 1,384,234

The notes form part of these financial statements

BAILEY INSTRUMENTS LTD

Balance sheet statements

For the year ending 31 July 2017 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 November 2017
and signed on behalf of the board by:

Name: S Charlsworth
Status: Director

The notes form part of these financial statements

BAILEY INSTRUMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

BAILEY INSTRUMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2017

2. Tangible Assets

Total
Cost £
At 01 August 2016 111,818
Additions 12,187
At 31 July 2017 124,005
Depreciation
At 01 August 2016 93,760
Charge for year 8,744
At 31 July 2017 102,504
Net book value
At 31 July 2017 21,501
At 31 July 2016 18,058