Company Registration No. 05801663 (England and Wales)
Balancing Act (Cambridge) Ltd
Unaudited accounts
for the year ended 31 October 2023
Balancing Act (Cambridge) Ltd
Unaudited accounts
Contents
Balancing Act (Cambridge) Ltd
Company Information
for the year ended 31 October 2023
Company Number
05801663 (England and Wales)
Registered Office
2 CROFT LANE
OAKINGTON
CAMBRIDGE
CB24 3AA
United Kingdom
Accountants
Balancing Act (Cambridge) Ltd
2 Croft Lane
Oakington
Cambridge
CB24 3AA
Balancing Act (Cambridge) Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
1,905
1,489
Cash at bank and in hand
12,320
17,454
Creditors: amounts falling due within one year
(18,232)
(29,267)
Net current assets
11,803
14,869
Total assets less current liabilities
13,708
16,358
Creditors: amounts falling due after more than one year
(4,750)
(10,750)
Called up share capital
150
100
Profit and loss account
8,808
5,508
Shareholders' funds
8,958
5,608
For the year ending 31 October 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 6 March 2024 and were signed on its behalf by
Julie Whiteside
Director
Company Registration No. 05801663
Balancing Act (Cambridge) Ltd
Notes to the Accounts
for the year ended 31 October 2023
Balancing Act (Cambridge) Ltd is a private company, limited by shares, registered in England and Wales, registration number 05801663. The registered office is 2 CROFT LANE, OAKINGTON, CAMBRIDGE, CB24 3AA, United Kingdom.
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
33.33%
4
Tangible fixed assets
Computer equipment
Balancing Act (Cambridge) Ltd
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
14,310
14,839
Accrued income and prepayments
3,350
-
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
3,000
-
Trade creditors
5,116
5,691
Taxes and social security
9,870
6,736
Other creditors
3,917
4,329
Loans from directors
(10,173)
(10,000)
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary A shares of £1 each
100
100
50 Ordinary B Shares of £1 each
50
50
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).