Company Registration No. 11212156 (England and Wales)
Ball Lednor Healthcare Limited
Unaudited financial statements
for the year ended 31 March 2023
Ball Lednor Healthcare Limited
Statement of financial position
as at 31 March 2023
Tangible assets
10,976
10,812
Cash at bank and in hand
23,201
18,617
Creditors: amounts falling due within one year
(27,396)
(1,683)
Net current assets
28,181
28,549
Total assets less current liabilities
39,157
39,361
Provisions for liabilities
Deferred tax
(2,085)
(1,972)
Called up share capital
10
10
Profit and loss account
37,062
37,379
Shareholders' funds
37,072
37,389
For the year ending 31 March 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2023 and were signed on its behalf by
Dr C J Ball
Director
Company Registration No. 11212156
Ball Lednor Healthcare Limited
Notes to the Accounts
for the year ended 31 March 2023
Ball Lednor Healthcare Limited is a private company, limited by shares, registered in England and Wales, registration number 11212156. The registered office is Arena Business Centre, Unit 28, Block A, Holyrood Close, Poole, Dorset, BH17 7FJ.
2
Compliance with accounting standards
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 principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the fair value of the consideration received or receivable, net of VAT and trade discounts. Revenue from the sale of services is recognised at the point of sale.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures & fittings
20% per annum on a reducing balance
Computer equipment
3 years on cost
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Taxation for the year 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 balance sheet date.
The directors have a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.
Ball Lednor Healthcare Limited
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
10,094
2,624
12,718
Disposals
-
(1,359)
(1,359)
At 31 March 2023
12,574
1,934
14,508
At 1 April 2022
467
1,439
1,906
Charge for the year
2,297
593
2,890
On disposals
-
(1,264)
(1,264)
At 31 March 2023
2,764
768
3,532
At 31 March 2023
9,810
1,166
10,976
At 31 March 2022
9,627
1,185
10,812
Amounts falling due within one year
6
Investments held as current assets
2023
2022
Unlisted investments
10,000
10,000
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
3,640
-
Loans from directors
21,532
-
At the reporting date the directors were owed the sum of £21,532 from the company (2022: the company was owed the sum of £1,615 by the directors). No interest is charged on the loan.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).