1 March 2022 false No description of principal activity Taxfiler 2023.10.2 08848881business:PrivateLimitedCompanyLtd2022-03-012023-02-28 088488812022-02-28 088488812022-03-012023-02-28 08848881business:AuditExempt-NoAccountantsReport2022-03-012023-02-28 08848881business:FilletedAccounts2022-03-012023-02-28 088488812023-02-28 08848881business:Director12022-03-012023-02-28 08848881business:RegisteredOffice2022-03-012023-02-28 088488812022-02-28 08848881core:WithinOneYear2023-02-28 08848881core:WithinOneYear2022-02-28 08848881core:AfterOneYear2023-02-28 08848881core:AfterOneYear2022-02-28 08848881core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 08848881core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 08848881core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 08848881core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 08848881core:PreviouslyStatedAmount2023-02-28 08848881core:PreviouslyStatedAmount2022-02-28 08848881business:SmallEntities2022-03-012023-02-28 08848881countries:EnglandWales2022-03-012023-02-28 08848881core:FurnitureFittings2022-02-28 08848881core:FurnitureFittings2023-02-28 08848881core:FurnitureFittings2022-03-012023-02-28 088488812021-02-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 08848881 (England and Wales)
BALTI HOUSE (ILMINSTER) LIMITED Unaudited accounts for the year ended 28 February 2023
BALTI HOUSE (ILMINSTER) LIMITED Unaudited accounts Contents
Page
- 2 -
BALTI HOUSE (ILMINSTER) LIMITED Company Information for the year ended 28 February 2023
Director
ABDUL HALIM
Company Number
08848881 (England and Wales)
Registered Office
4A DITTON STREET ILMINSTER SOMERSET TA19 0BQ
- 3 -
BALTI HOUSE (ILMINSTER) LIMITED Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,686 
5,857 
Current assets
Inventories
455 
3,000 
Debtors
- 
2,534 
Cash at bank and in hand
1,396 
9,464 
1,851 
14,998 
Creditors: amounts falling due within one year
(7,736)
2,474 
Net current (liabilities)/assets
(5,885)
17,472 
Total assets less current liabilities
(1,199)
23,329 
Creditors: amounts falling due after more than one year
(17,324)
(24,970)
Net liabilities
(18,523)
(1,641)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(18,524)
(1,642)
Shareholders' funds
(18,523)
(1,641)
For the year ending 28 February 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 27 November 2023 and were signed on its behalf by
ABDUL HALIM Director Company Registration No. 08848881
- 4 -
BALTI HOUSE (ILMINSTER) LIMITED Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
BALTI HOUSE (ILMINSTER) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08848881. The registered office is 4A DITTON STREET, ILMINSTER, SOMERSET, TA19 0BQ. The company is in the process of being wound up.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 March 2022
11,221 
At 28 February 2023
11,221 
Depreciation
At 1 March 2022
5,364 
Charge for the year
1,171 
At 28 February 2023
6,535 
Net book value
At 28 February 2023
4,686 
At 28 February 2022
5,857 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
2,291 
Other debtors
- 
243 
- 
2,534 
- 5 -
BALTI HOUSE (ILMINSTER) LIMITED Notes to the Accounts for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
6,078 
6,150 
Taxes and social security
1,308 
940 
Loans from directors
350 
(9,564)
7,736 
(2,474)
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
17,324 
24,970 
8
Average number of employees
During the year the average number of employees was 5 (2022: 5).
- 6 -