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REGISTERED NUMBER: 09248779 (England and Wales)












BOYS BALLET LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

30 MARCH 2022 TO 28 MARCH 2023






BOYS BALLET LTD (REGISTERED NUMBER: 09248779)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 30 MARCH 2022 TO 28 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

BOYS BALLET LTD

COMPANY INFORMATION
FOR THE PERIOD 30 MARCH 2022 TO 28 MARCH 2023







DIRECTOR: J A Cunliffe





REGISTERED OFFICE: C/O Bevan Buckland LLP
Ground Floor, Cardigan House
Swansea
SA7 9LA





REGISTERED NUMBER: 09248779 (England and Wales)





ACCOUNTANTS: Bevan Buckland LLP
Ground Floor Cardigan House
Castle Court
Swansea Enterprise Park
Swansea
SA7 9LA

BOYS BALLET LTD (REGISTERED NUMBER: 09248779)

BALANCE SHEET
28 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 1,574
Investments 5 12,000 12,000
12,000 13,574

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 6 34,494 42,324
Cash at bank 27 -
39,521 47,324
CREDITORS
Amounts falling due within one year 7 51,263 55,784
NET CURRENT LIABILITIES (11,742 ) (8,460 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

258

5,114

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 248 5,104
SHAREHOLDERS' FUNDS 258 5,114

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

BOYS BALLET LTD (REGISTERED NUMBER: 09248779)

BALANCE SHEET - continued
28 MARCH 2023



The financial statements were approved by the director and authorised for issue on 12 March 2024 and were signed by:





J A Cunliffe - Director


BOYS BALLET LTD (REGISTERED NUMBER: 09248779)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 30 MARCH 2022 TO 28 MARCH 2023

1. STATUTORY INFORMATION

Boys Ballet Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

BOYS BALLET LTD (REGISTERED NUMBER: 09248779)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 30 MARCH 2022 TO 28 MARCH 2023

2. ACCOUNTING POLICIES - continued

Cash at bank and cash in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at transaction price.

Provision for liabilities
Provisions are recognised when the company has a present obligation (legal and constructive) from a past event that will probably result in a transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably.

Functional and Presentation Currency
The company's functional and presentation currency is pounds sterling.

Going Concern
The company continues to adopt the going concern basis in preparing its financial statements, as the director has confirmed the company is a going concern from forecasting.

Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.

Basic financial assets
Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Basic financial liabilities
Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Other financial assets
Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2022 - 1 ).

BOYS BALLET LTD (REGISTERED NUMBER: 09248779)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 30 MARCH 2022 TO 28 MARCH 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 30 March 2022
and 28 March 2023 6,727
DEPRECIATION
At 30 March 2022 5,153
Charge for period 1,574
At 28 March 2023 6,727
NET BOOK VALUE
At 28 March 2023 -
At 29 March 2022 1,574

5. FIXED ASSET INVESTMENTS
Interest
in other
participating
interests
£   
COST
At 30 March 2022
and 28 March 2023 12,000
NET BOOK VALUE
At 28 March 2023 12,000
At 29 March 2022 12,000

6. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Other debtors 7,717 7,717
Ballet London Ltd - 136
Ballet Swansea Ltd 239 7,505
7,956 15,358

Amounts falling due after more than one year:
Directors' loan accounts 26,538 26,966

Aggregate amounts 34,494 42,324

Included in other debtors is an amount of £26,537 (2022: £26,966) owed from the directors of the company. This amount is repaid within 9 months and is interest free.

BOYS BALLET LTD (REGISTERED NUMBER: 09248779)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 30 MARCH 2022 TO 28 MARCH 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 29,718 32,073
Amounts owed to group undertakings 1,362 -
Tax 12,637 12,494
VAT 3,094 6,160
Other creditors - 108
Accrued expenses 4,452 4,949
51,263 55,784

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 28 March 2023 and the year ended 29 March 2022:

2023 2022
£    £   
J A Cunliffe
Balance outstanding at start of period 26,966 3,221
Amounts advanced 15,335 46,402
Amounts repaid (15,764 ) (22,657 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 26,537 26,966

9. RELATED PARTY DISCLOSURES

Included in other creditors is an amount of £1,362 (2022 debtor: £136) due from Ballet London Ltd, a company of which James Cunliffe is also a director.

Included in other debtors is £239 (2022: Debit balance £7,505) due from Ballet Swansea Ltd, a company of which James Cunliffe is also a director.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
BOYS BALLET LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Boys Ballet Ltd for the period ended 28 March 2023 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Boys Ballet Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Boys Ballet Ltd and state those matters that we have agreed to state to the director of Boys Ballet Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Boys Ballet Ltd and its director for our work or for this report.

It is your duty to ensure that Boys Ballet Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Boys Ballet Ltd. You consider that Boys Ballet Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Boys Ballet Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bevan Buckland LLP
Ground Floor Cardigan House
Castle Court
Swansea Enterprise Park
Swansea
SA7 9LA


Date: .............................................