Legal information

Legal information

Price Bailey is the brand used by Price Bailey Group Limited 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 principal firm is Price Bailey LLP, but other firms (listed below) are used for certain regulated services in and outside the UK.  All except our business in St Lucia are owned directly or indirectly by Price Bailey Group Limited.

In many parts of the world, accounting firms are required by law to be locally owned and independent. In St Lucia we have licensed 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 may at our discretion, engage or outsource the work required of it to other members of the Price Bailey Group. In such circumstances the business carrying out the work will do so as agent for the business with the engagement who will retain responsibility for the performance of the services provided.

Price Bailey entities are members of or regulated by several professional bodies. Price Bailey is also a member of the UK200Group, a national association of separately owned and independently managed accountancy and lawyer firms, and of IAPA, a global association of separately owned and independently managed accountancy firms. 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 & Wales, number OC307551)
  • Price Bailey Limited (registered in Guernsey, number 39681)
  • Price Bailey Private Client LLP (registered in England & Wales, number OC237009)
  • Price Bailey Mayfair LLP, (registered in England & Wales, number OC366511)
  • Price Bailey Group Limited (registered in England & Wales, number 04615377)
  • Price Bailey Legal Services LLP (registered in England & Wales, number OC374735)

For the companies and limited liability partnerships which are registered in England & Wales, the registered office is at:

Causeway House
1 Dane Street
Bishop’s Stortford
Hertfordshire
CM23 3BT

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:

Town Mills
Rue du Pré
St Peter Port
Guernsey 
GY1 1LT

Price Bailey is a trading name of Price Bailey LLP, with offices in London (City and Mayfair), Bishop’s Stortford, Cambridge, Ely, Norwich, Guernsey and Sawston.

Price Bailey Strategic Corporate Finance is a trading name of Price Bailey LLP.

Price Bailey ® is registered as a UK trademark of Price Bailey Group Limited.

VAT

All UK Price Bailey entities are group VAT registered, reference 873 258 596.

Privacy policy

Details of our privacy policy can be found at https://www.pricebailey.co.uk/privacy-cookies/

Chartered accountants and business advisers

Price Bailey Group Limited is registered by the Institute of Chartered Accountants in England and Wales (ICAEW) to carry out audit work in the UK. Details about our registration can be viewed at www.auditregister.org.uk under reference C003176095.

Price Bailey LLP is also registered by the ICAEW to carry out audit work in the UK. Details about our registration can be viewed at www.auditregister.org.uk under reference number C001098093.

The latest transparency reports of Price Bailey LLP under regulation (EU) No. 537/2014 can be found below:

Transparency report 2020

Transparency report 2019

Transparency report 2018

Transparency report 2017

Audit work is governed by Audit Regulations and Guidance, which can be found at www.icaew.com/en/technical/audit-and-assurance/working-in-the-regulated-area-of-audit

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), which can be found at  www.frc.org.uk/auditors/audit-assurance/standards-and-guidance.

Corporate finance and introductions

Price Bailey LLP is not authorised under the Financial Services and Markets Act 2000 but we are able in certain circumstances to offer a limited range of investment services to clients because we are members of the Institute of Chartered Accountants in England and Wales. We can provide these investment services if they are an incidental part of the professional services we have been engaged to provide.

As we are not authorised by the Financial Conduct Authority to provide investment services we may need to refer you to someone who is.

Financial services

Financial services work is introduced to Tavistock Private Client Limited which is authorised and regulated by the Financial Conduct Authority. Tavistock Private Client Limited is a firm of independent financial advisors and the shareholders of Price Bailey Group have an interest in its parent company.

Tavistock Private Client Limited uses the trading name PB Financial Planning for some of its business. Details of Tavistock Financial Planning Limited can be found on its website at www.pbfp.co.uk

Insolvency and recovery

Our insolvency practitioners work through Price Bailey LLP and are members of the Insolvency Practitioners Association (IPA). Paul Pittman, Paul Higley, Matthew Howard and Stuart Morton are licensed under the IPA. 

Insolvency work is governed by law, Statements of Insolvency Practice, IPA and ICAEW codes of ethics and insolvency regulations which can be found at www.icaew.com/en/technical/insolvency/insolvency-regulations-and-standards

Trust, fiduciary and insurance management services

The shareholders of Price Bailey Group have an interest in Adjure Global Limited, which 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 of Adjure Global Limited can be found on its website at www.adjureglobal.com

Legal services

Price Bailey Legal Services LLP is authorised and regulated by the Solicitors Regulation Authority. Details of our registration can be viewed at www.sra.org.uk/solicitors/firm-based-authorisation/abs-register/596719.page under reference number 596719.

Price Bailey Legal Services LLP uses the term ‘partner’ to refer to a member of the LLP, or an employee or consultant who is a lawyer with equivalent standing and qualifications.

Professional liability insurance details

The Price Bailey group’s professional indemnity insurer is Royal & Sun Alliance Insurance plc of St Mark’s Court, Chart Way, Horsham, West Sussex RH12 1XL and covers all group entities. The territorial coverage is generally worldwide but the cover excludes professional business carried out in the United States of America or Canada and 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/en/members/regulations-standards-and-guidance/ethics, section B, 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 http://www.icaew.com/en/members/regulations-standards-and-guidance/ethics. Price Bailey’s audit work is governed by APB Ethical Standards, which can be found at https://www.frc.org.uk/auditors/audit-assurance/standards-and-guidance.

IPA Insolvency work is governed by the IPA Ethics code for Members, which can be found at http://www.insolvency-practitioners.org.uk/.

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

Back to top