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REGISTERED NUMBER: 13382034 (England and Wales)















BALOR LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 7 MAY 2021 TO 31 MAY 2022






BALOR LTD (REGISTERED NUMBER: 13382034)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 7 MAY 2021 TO 31 MAY 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Report of the Accountants 5

BALOR LTD

COMPANY INFORMATION
FOR THE PERIOD 7 MAY 2021 TO 31 MAY 2022







DIRECTOR: S S Gill





REGISTERED OFFICE: Sheringhs House
Park House Lane
Sheffield
United Kingdom
S9 1XA





REGISTERED NUMBER: 13382034 (England and Wales)





ACCOUNTANTS: FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL

BALOR LTD (REGISTERED NUMBER: 13382034)

STATEMENT OF FINANCIAL POSITION
31 MAY 2022

Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 964

CURRENT ASSETS
Debtors 5 470,829
Cash at bank 105,304
576,133
CREDITORS
Amounts falling due within one year 6 479,797
NET CURRENT ASSETS 96,336
TOTAL ASSETS LESS CURRENT
LIABILITIES

97,300

CAPITAL AND RESERVES
Called up share capital 7 1,000
Retained earnings 96,300
SHAREHOLDERS' FUNDS 97,300

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 August 2022 and were signed by:





S S Gill - Director


BALOR LTD (REGISTERED NUMBER: 13382034)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 7 MAY 2021 TO 31 MAY 2022

1. STATUTORY INFORMATION

Balor Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

These financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 33% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

BALOR LTD (REGISTERED NUMBER: 13382034)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 7 MAY 2021 TO 31 MAY 2022

4. PROPERTY, PLANT AND EQUIPMENT
Computer
Equipment
£   
COST
Additions 1,377
At 31 May 2022 1,377
DEPRECIATION
Charge for period 413
At 31 May 2022 413
NET BOOK VALUE
At 31 May 2022 964

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 468,925
Other debtors 1,904
470,829

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 370,041
Taxation and social security 59,862
Other creditors 49,894
479,797

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
10,000 Ordinary £0.10 1,000

10,000 Ordinary shares of £0.10 each were allotted and fully paid for cash at par during the period.

8. INTERCOMPANY LOAN

During the year the company loaned £1,114 (2021: £NIL) from Logillistics Ltd, a company controlled by the director. At the year end £1,114 (2021: £NIL) remained outstanding.

BALOR LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
BALOR LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the period ended 31 May 2022 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL


2 August 2022