Company Registration No. SC543426 (Scotland)
Balbedie Bars Ltd
Unaudited accounts
for the year ended 30 September 2023
Balbedie Bars Ltd
Unaudited accounts
Contents
Balbedie Bars Ltd
Company Information
for the year ended 30 September 2023
Director
Gordon James Turnbull
Company Number
SC543426 (Scotland)
Registered Office
GRAPES
77 CLERK STREET
EDINBURGH
EH8 9JG
SCOTLAND
Accountants
Oak Team Associates Limited
272 Bath Street
Glasgow
G2 4JR
Balbedie Bars Ltd
Statement of financial position
as at 30 September 2023
Tangible assets
4,967
1,160
Cash at bank and in hand
72,363
68,673
Creditors: amounts falling due within one year
(61,654)
(54,889)
Net current assets
147,590
96,326
Called up share capital
100
100
Profit and loss account
152,457
97,386
Shareholders' funds
152,557
97,486
For the year ending 30 September 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 his 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 15 November 2023 and were signed on its behalf by
Gordon James Turnbull
Director
Company Registration No. SC543426
Balbedie Bars Ltd
Notes to the Accounts
for the year ended 30 September 2023
Balbedie Bars Ltd is a private company, limited by shares, registered in Scotland, registration number SC543426. The registered office is GRAPES, 77 CLERK STREET, EDINBURGH, EH8 9JG, SCOTLAND.
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:
Fixtures & fittings
20% on a straight line basis
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Tangible fixed assets
Fixtures & fittings
At 30 September 2023
9,273
At 30 September 2023
4,306
At 30 September 2023
4,967
At 30 September 2022
1,160
Amounts falling due within one year
Trade debtors
8,435
14,696
Amounts falling due after more than one year
Amounts due from group undertakings etc.
122,500
61,900
Balbedie Bars Ltd
Notes to the Accounts
for the year ended 30 September 2023
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
30,992
27,621
Taxes and social security
13,905
12,263
Loans from directors
10,000
10,000
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Average number of employees
During the year the average number of employees was 8 (2022: 8).