Company Registration No. 10176805 (England and Wales)
BALDING DESIGN LIMITED
Unaudited accounts
for the year ended 31 May 2023
BALDING DESIGN LIMITED
Unaudited accounts
Contents
BALDING DESIGN LIMITED
Company Information
for the year ended 31 May 2023
Director
Tara Jane Balding
Company Number
10176805 (England and Wales)
Registered Office
c/o EP Tax
Unit 2D Castledown Business Park
Ludgershall, Andover
Wiltshire
SP11 9FA
UK
BALDING DESIGN LIMITED
Statement of financial position
as at 31 May 2023
Tangible assets
8,350
10,718
Cash at bank and in hand
16,385
9,331
Creditors: amounts falling due within one year
(14,905)
(22,534)
Net current assets/(liabilities)
1,924
(6,355)
Total assets less current liabilities
10,274
4,363
Creditors: amounts falling due after more than one year
(10,188)
(13,168)
Net assets/(liabilities)
86
(8,805)
Called up share capital
2
2
Profit and loss account
84
(8,807)
Shareholders' funds
86
(8,805)
For the year ending 31 May 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 director acknowledges her 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 and authorised for issue on 31 October 2023 and were signed on its behalf by
Tara Jane Balding
Director
Company Registration No. 10176805
BALDING DESIGN LIMITED
Notes to the Accounts
for the year ended 31 May 2023
BALDING DESIGN LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10176805. The registered office is c/o EP Tax, Unit 2D Castledown Business Park, Ludgershall, Andover, Wiltshire, SP11 9FA, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2022
17,012
15,391
6,102
38,505
At 31 May 2023
17,212
15,391
6,248
38,851
At 1 June 2022
10,432
11,253
6,102
27,787
Charge for the year
1,661
1,035
18
2,714
At 31 May 2023
12,093
12,288
6,120
30,501
At 31 May 2023
5,119
3,103
128
8,350
At 31 May 2022
6,580
4,138
-
10,718
Amounts falling due within one year
Trade debtors
(2,000)
5,718
BALDING DESIGN LIMITED
Notes to the Accounts
for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
9,543
5,341
Loans from directors
(1,097)
13,835
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).