Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-302022-05-01true00truefalse 822683 2022-05-01 2023-04-30 822683 2021-05-01 2022-04-30 822683 2023-04-30 822683 2022-04-30 822683 c:CompanySecretary1 2022-05-01 2023-04-30 822683 c:Director1 2022-05-01 2023-04-30 822683 c:Director2 2022-05-01 2023-04-30 822683 c:Director3 2022-05-01 2023-04-30 822683 c:Director4 2022-05-01 2023-04-30 822683 c:RegisteredOffice 2022-05-01 2023-04-30 822683 d:CurrentFinancialInstruments 2023-04-30 822683 d:CurrentFinancialInstruments 2022-04-30 822683 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 822683 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 822683 d:ShareCapital 2023-04-30 822683 d:ShareCapital 2022-04-30 822683 d:CapitalRedemptionReserve 2023-04-30 822683 d:CapitalRedemptionReserve 2022-04-30 822683 d:RetainedEarningsAccumulatedLosses 2023-04-30 822683 d:RetainedEarningsAccumulatedLosses 2022-04-30 822683 c:EntityHasNeverTraded 2022-05-01 2023-04-30 822683 c:FRS102 2022-05-01 2023-04-30 822683 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 822683 c:FullAccounts 2022-05-01 2023-04-30 822683 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure

Registered number: 822683










BALLS POND SECURITIES LIMITED








UNAUDITED

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023



 
BALLS POND SECURITIES LIMITED
 

COMPANY INFORMATION


DIRECTORS
Mark Pears CBE 
Sir Trevor Pears CMG 
David Pears 
WPG Registrars Limited 




COMPANY SECRETARY
William Bennett



REGISTERED NUMBER
822683



REGISTERED OFFICE
Ground Floor
30 City Road

London

EC1Y 2AB





 
BALLS POND SECURITIES LIMITED
 

CONTENTS



Page
Directors' report
1
Statement of financial position
2
Notes to the financial statements
3 - 4


 
BALLS POND SECURITIES LIMITED
 

 
DIRECTORS' REPORT
FOR THE YEAR ENDED 30 APRIL 2023

The directors present their report and the financial statements for the year ended 30 April 2023.

PRINCIPAL ACTIVITY

The company is dormant and has not traded during the year.

DIRECTORS

The directors who served during the year were:

Mark Pears CBE 
Sir Trevor Pears CMG 
David Pears 
WPG Registrars Limited 

SMALL COMPANIES NOTE

In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.


This report was approved by the board on 11 August 2023 and signed on its behalf.
 





William Bennett
Secretary

Page 1

 
BALLS POND SECURITIES LIMITED
REGISTERED NUMBER: 822683

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2023

2023
2022
Note
£
£

  

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 3 
1,195,438
1,195,438

  
1,195,438
1,195,438

Creditors: amounts falling due within one year
 4 
(77,446)
(77,446)

NET CURRENT ASSETS
  
 
 
1,117,992
 
 
1,117,992

TOTAL ASSETS LESS CURRENT LIABILITIES
  
1,117,992
1,117,992

  

NET ASSETS
  
1,117,992
1,117,992


CAPITAL AND RESERVES
  

Called up share capital 
  
8
8

Capital redemption reserve
  
829,883
829,883

Profit and loss account
  
288,101
288,101

TOTAL EQUITY
  
1,117,992
1,117,992


For the year ended 30 April 2023 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements were approved and authorised for issue by the board and were signed on its behalf on 11 August 2023.




David Pears
Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
BALLS POND SECURITIES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


GENERAL INFORMATION

Balls Pond Securities Limited is a private company limited by shares incorporated in England and Wales. The registered office is Ground Floor, 30 City Road, London, EC1Y 2AB. The principal place of business is Haskell House, 152 West End Lane, London NW6 1SD.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 other than where additional disclosure is required to show a true and fair view.
The company has not traded during the year or the preceding financial year. During these periods, the company received no income and incurred no expenditure and therefore made no profit or loss.
The company's functional and presentational currency is GBP and rounded to the nearest £1.

 
2.2

FINANCIAL INSTRUMENTS

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Income statement.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the Statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Page 3

 
BALLS POND SECURITIES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.ACCOUNTING POLICIES (CONTINUED)

 
2.3

CREDITORS

Short term creditors are measured at the transaction price.


3.


DEBTORS

2023
2022
£
£


Amounts owed by group undertakings
414,453
414,453

Sundry loan
780,985
780,985

1,195,438
1,195,438



4.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
2022
£
£

Amounts owed to group undertakings
77,446
77,446

77,446
77,446



5.


RELATED PARTY TRANSACTIONS

The directors have an interest in The William Pears Group of Companies Limited. At 30 April 2023 an amount of £780,985 (2022 - £780,985) was owed by that company.


6.


CONTROLLING PARTY

The company is a wholly owned subsidiary of Trendgrove Properties Limited, a company incorporated in England. The registered office is Ground Floor, 30 City Road, London, EC1Y 2AB.

Page 4