REGISTERED NUMBER: |
Financial Statements for the Year Ended 31st July 2023 |
for |
E W Ballard Holdings Limited |
REGISTERED NUMBER: |
Financial Statements for the Year Ended 31st July 2023 |
for |
E W Ballard Holdings Limited |
E W Ballard Holdings Limited (Registered number: 00809318) |
Contents of the Financial Statements |
for the year ended 31st July 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
E W Ballard Holdings Limited |
Company Information |
for the year ended 31st July 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
1-3 Manor Road |
Chatham |
Kent |
ME4 6AE |
E W Ballard Holdings Limited (Registered number: 00809318) |
Balance Sheet |
31st July 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
Investments | 6 |
Investment property | 7 |
CURRENT ASSETS |
Debtors | 8 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 9 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Fair value reserve | 10 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
E W Ballard Holdings Limited (Registered number: 00809318) |
Balance Sheet - continued |
31st July 2023 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
E W Ballard Holdings Limited (Registered number: 00809318) |
Notes to the Financial Statements |
for the year ended 31st July 2023 |
1. | STATUTORY INFORMATION |
E W Ballard Holdings Limited is a |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is the total amount receivable by the company for services provided, excluding VAT and trade discounts. |
Tangible fixed assets |
Plant and machinery etc | - |
Investment properties |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
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. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1st August 2022 |
and 31st July 2023 |
DEPRECIATION |
At 1st August 2022 |
and 31st July 2023 |
NET BOOK VALUE |
At 31st July 2023 |
E W Ballard Holdings Limited (Registered number: 00809318) |
Notes to the Financial Statements - continued |
for the year ended 31st July 2023 |
6. | FIXED ASSET INVESTMENTS |
Other |
investments |
£ |
COST OR VALUATION |
At 1st August 2022 |
Additions |
Revaluations |
At 31st July 2023 |
NET BOOK VALUE |
At 31st July 2023 |
At 31st July 2022 |
Cost or valuation at 31st July 2023 is represented by: |
Other |
investments |
£ |
Valuation in 2020 | 1,761 |
Valuation in 2021 | 135,496 |
Valuation in 2022 | (201,958 | ) |
Valuation in 2023 | 80,553 |
Cost | 2,772,370 |
2,788,222 |
7. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1st August 2022 |
Revaluations | 473,318 |
At 31st July 2023 |
NET BOOK VALUE |
At 31st July 2023 |
At 31st July 2022 |
E W Ballard Holdings Limited (Registered number: 00809318) |
Notes to the Financial Statements - continued |
for the year ended 31st July 2023 |
7. | INVESTMENT PROPERTY - continued |
Fair value at 31st July 2023 is represented by: |
£ |
Valuation in 2015 | 8,554,518 |
Valuation in 2016 | 1,024,653 |
Valuation in 2017 | 637,498 |
Valuation in 2018 | 458,761 |
Valuation in 2019 | 87,800 |
Valuation in 2020 | 322,559 |
Valuation in 2021 | 1,147,750 |
Valuation in 2022 | 289,028 |
Valuation in 2023 | 473,318 |
Cost | 3,254,689 |
16,250,574 |
If Investment properties had not been revalued they would have been included at the following historical cost: |
2023 | 2022 |
£ | £ |
Cost | 3,254,689 | 3,254,689 |
Investment properties were valued on an open market basis on 31st July 2023 by the directors . |
8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade debtors |
Other debtors and prepayments |
9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors and accruals |
E W Ballard Holdings Limited (Registered number: 00809318) |
Notes to the Financial Statements - continued |
for the year ended 31st July 2023 |
10. | RESERVES |
Fair |
value |
reserve |
£ |
At 1st August 2022 | 11,109,123 |
Valuation | (405,122 | ) |
At 31st July 2023 | 10,704,001 |