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REGISTERED NUMBER: 05308377 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Ballaction London Limited

Ballaction London Limited (Registered number: 05308377)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Ballaction London Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Ms M O'Sullivan





REGISTERED OFFICE: 64 Manor Road
Chigwell
United Kingdom
IG7 5PG





REGISTERED NUMBER: 05308377 (England and Wales)





ACCOUNTANTS: Morannedd Limited
Chartered Certified Accountants
26 Parsonage Lane
Bishop's Stortford
Hertfordshire
CM23 5BG

Ballaction London Limited (Registered number: 05308377)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 445,000 445,000

CURRENT ASSETS
Debtors 5 255 273
Cash at bank 199,536 213,046
199,791 213,319
CREDITORS
Amounts falling due within one year 6 55,403 91,104
NET CURRENT ASSETS 144,388 122,215
TOTAL ASSETS LESS CURRENT
LIABILITIES

589,388

567,215

PROVISIONS FOR LIABILITIES 100,000 100,000
NET ASSETS 489,388 467,215

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 7 319,935 319,935
Retained earnings 169,452 147,279
489,388 467,215

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 April 2024 and were signed by:



Ms M O'Sullivan - Director


Ballaction London Limited (Registered number: 05308377)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Ballaction London Limited 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 as modified by the revaluation of certain assets.

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

Investment property
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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 445,000
NET BOOK VALUE
At 31 March 2024 445,000
At 31 March 2023 445,000

Ballaction London Limited (Registered number: 05308377)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. INVESTMENT PROPERTY - continued

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2020 394,935
Valuation in 2022 15,000
Valuation in 2023 10,000
Cost 25,065
445,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 255 273

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 5,436 6,619
Other creditors 49,967 84,485
55,403 91,104

7. RESERVES
Revaluation
reserve
£   
At 1 April 2023
and 31 March 2024 319,935