Legal & Privacy
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The information contained on our website is of a general nature and not intended to address the circumstances of any particular individual or entity. Whilst we have made an effort to provide accurate and up to date information, it is recommended that you consult us before taking or refraining from taking action based on matters discussed.
Price Bailey is the brand used by Price Bailey Group Ltd and its subsidiary companies and limited liability partnerships, and occasionally other authorised firms, to operate and provide professional services. Price Bailey is used to refer either to individual firms or to several or all of them collectively.
The principle firm is Price Bailey LLP, but other firms (listed below) are used for certain regulated services and outside the UK. All except our business in St Lucia are owned directly or indirectly by Price Bailey Group Ltd.
In many parts of the world, accounting firms are required by law to be locally owned and independent. In St Lucia we have licenced a legally independent local practitioner to trade as Price Bailey for certain discrete services where he draws on the resources and methodologies of Price Bailey to support his services to his clients.
Our standard terms and conditions of business enable us to allocate and share work and information amongst the Price Bailey firms, to enable efficient working and best service for the client.
It is Price Bailey’s policy to ensure that client engagements are recorded in writing by the most appropriate firm for the particular services that are required. Each firm cannot act as an agent of any other, cannot obligate any other, and is liable only for its own acts or omissions.
Price Bailey is a member firm of several national and international professional bodies and associations, most notably the Institute of Chartered Accountants In England and Wales, the UK200Group and IAPA International. Whilst we frequently work with such bodies and their members, they are all wholly independent of Price Bailey and are liable for their own acts or omissions.
The Price Bailey group consists of:
- Price Bailey LLP (registered in England and Wales, number OC307551)
- Price Bailey Limited (a company registered in Guernsey number 39681)
- Price Bailey Private Client LLP (registered in England & Wales number OC237009)
- Price Bailey Mayfair LLP, incorporating J M Shah and Company (registered in England & Wales number OC366511)
- Price Bailey Insolvency and Recovery LLP (registered in England & Wales number OC365779)
- PB Financial Planning Limited (a company registered in England & Wales number 04298592)
- Cheviot Financial Planning Limited (a company registered in England & Wales number 02670496)
- Price Bailey Fiduciary Limited (a company registered in Guernsey number 51306)
- Price Bailey Group Ltd (a company registered in England & Wales number 04615377)
- Price Bailey Legal Services LLP (registered in England & Wales number OC374735)
- Price Bailey Strategic Corporate Finance Limited (registered in England & Wales number 04166306)
For the companies and limited liability partnerships which are registered in England & Wales the registered office, is at:
1 Dane Street
For the Limited Liability Partnerships in the group a list of members can be found at the address above.
For the companies registered in Guernsey the registered office address is at:
Les Ruettes Brayes
St Peter Port
Price Bailey is a trading name of Price Bailey LLP, with offices in London (City and Mayfair), Bishop’s Stortford, Cambridge, Ely, Norwich and Guernsey.
All UK Price Bailey entities are group VAT registered, reference 213 9592 57.
Chartered accountants and business advisers
Price Bailey Group Ltd is registered by the Institute of Chartered Accountants in England and Wales (ICAEW) to carry out audit work in the UK and Ireland. Details about our registration can be viewed at www.auditregister.org.uk for the UK and www.cro.ie/auditors for Ireland.
Price Bailey LLP is also registered by the ICAEW to carry out audit work in the UK and Ireland. Details about our registration can be viewed at www.auditregister.org.uk and www.cro.ie/auditors for Ireland under reference number C001098093.
Audit work is governed by Audit Regulations and Guidance, which can be found at www.icaew.com/auditnews.
Price Bailey Limited is registered with the Guernsey Financial Services Commission. Details about our registration can be viewed at www.gfsc.gg under reference number 105345.
The audit work of Price Bailey LLP, Price Bailey Limited and Price Bailey Group Limited is governed by International Standards on Auditing (UK and Ireland), which can be found at www.frc.org.uk/Our-Work/Codes-Standards/Audit-and-assurance/Standards-and-guidance/Standards-and-guidance-for-auditors/Auditing-standards.aspx.
Price Bailey Staretegic Corporate Finance Limited is authorised and regulated by the Financial Conduct Authority (FCA) for Corporate Finance. Details of our registration with the FCA can be viewed at www.fsa.gov.uk/Pages/register, under reference number 602643.
Tax and Financial services
Financial services work is undertaken by Price Bailey Private Client LLP, an appointed representative of PB Financial Planning Ltd which is authorised and regulated by the Financial Conduct Authority. Details about our registration with the Financial Conduct Authority can be viewed at www.fsa.gov.uk/Pages/register, under reference number 210782.
FCA regulated work is governed by the FCA Handbook, which can be found at http://fshandbook.info/FS/index.jsp
You can find the formal Pillar 3 Disclosure statement for PB Financial Planning Limited by clicking here.
Insolvency and recovery
Our insolvency practitioners work through Price Bailey Insolvency and Recovery LLP and are members of the Insolvency Practitioners Association (IPA), and the Association of Business Recovery Professionals (R3). Paul Pittman and Paul Higley are licensed under the IPA and Guy Harrison is licensed under The Department for Business, Innovation and Skills (BIS). In addition Tony Sanderson is licensed by the ICAEW for insolvency work and acts on behalf of Price Bailey LLP.
Insolvency work is governed by Statements of Insolvency Practice, which can be found at www.icaew.com/en/technical/insolvency/insolvency-regulations-and-standards
Trust and Fiduciary services
Price Bailey Fiduciary Limited is licensed by the Guernsey Financial Services Commission under the Regulation of Fiduciaries, Administration Business and Company Directors, etc. (Bailiwick of Guernsey) Law 2000 as amended to carry out Fiduciary Duties and Company Administration. It is also licensed under The Insurance Managers and Insurance Intermediaries (Bailiwick of Guernsey) Law, 2002, as amended to carry out management of insurance companies.
Details about our registration can be viewed at www.gfsc.gg under reference number 2003311.
Price Bailey Legal Services LLP is authorised and regulated by the Solicitors Regulation Authority. Details of our registration can be viewed at http://www.sra.org.uk/solicitors/firm-based-authorisation/abs-register/596719.page under reference number 596719.
Professional liability insurance details
The Price Bailey Group’s professional indemnity insurer is Zurich Insurance Plc of Zurich House, Ballsbridge Park, Dublin 4, Ireland and covers all group entities. The territorial coverage is generally worldwide but in respect of Price Bailey Legal Services LLP the cover excludes professional business carried out in the United States of America or Canada and for this entity also excludes any action for a claim brought in any court in the United States of America or Canada.
Conflict of interest avoidance measures
Should a conflict of interest arise, either between two or more of our clients, or in the provision of multiple services to a single client, Price Bailey will take such steps as are necessary to deal with the conflict. In resolving the conflict, Price Bailey would be guided by the Code of Ethics of The Institute of Chartered Accountants in England and Wales which can be viewed at www.icaew.com/regulations/ethics, section 3, sub-section 220.
Codes of conduct
Work carried out by Price Bailey LLP, Price Bailey Group Limited, Price Bailey Limited, Price Bailey Private Client LLP and Price Bailey Mayfair LLP is governed by the Code of Ethics of the Institute of Chartered Accountants in England and Wales, which can be found at www.icaew.com/regulations, section 3. Price Bailey's audit work is governed by APB Ethical Standards, which can be found at http://frc.org.uk/Our-Work/Codes-Standards/Audit-and-assurance/Standards-and-guidance/Standards-and-guidance-for-auditors/Ethical-standards-for-auditors.aspx.
IPA Insolvency work is governed by the IPA Ethics code for Members, which can be found at http://www.insolvency-practitioners.org.uk/ BIS insolvency work is governed by the Insolvency code of Ethics, which can be found at http://www.bis.gov.uk/assets/insolvency/docs/insolvency%20profession/code-of-ethics/iscodeethicsbo.doc, ICAEW insolvency work is governed by section 3.6 of the code of ethics of the ICAEW which can be found at www.icaew.com/regulations.
Price Bailey Legal Services LLP is governed by the SRA Code of Conduct, which can be found at www.sra.org.uk/solicitors/handbook/code/content.page
Consumer credit licence
Price Bailey Insolvency and Recovery LLP and Price Bailey Private Client have consumer credit licences. Details about our registrations can be found at fca-consumer-credit-interim.force.com/CS_RegisterSearchPageNew under reference numbers 658551 and 663526.
These documents are in English.