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Company Registration No. 10300182 (England and Wales)
BALLARO LONDON LTD Unaudited accounts for the year ended 31 July 2023
BALLARO LONDON LTD Unaudited accounts Contents
Page
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BALLARO LONDON LTD Company Information for the year ended 31 July 2023
Directors
LUCIO CAMPO BORIS CASTAGNA
Company Number
10300182 (England and Wales)
Registered Office
34 HEATH ROAD TWICKENHAM TW1 4BZ ENGLAND
Accountants
Accountingpreneur Limited Second Floor 26 Goodge Street Fitzrovia London W1T 2QG
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BALLARO LONDON LTD Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
31,534 
36,587 
Current assets
Inventories
5,000 
10,000 
Debtors
19,557 
37,491 
Cash at bank and in hand
83,381 
89,679 
107,938 
137,170 
Creditors: amounts falling due within one year
(161,058)
(183,589)
Net current liabilities
(53,120)
(46,419)
Total assets less current liabilities
(21,586)
(9,832)
Creditors: amounts falling due after more than one year
(15,378)
(24,399)
Net liabilities
(36,964)
(34,231)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(37,064)
(34,331)
Shareholders' funds
(36,964)
(34,231)
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 23 April 2024 and were signed on its behalf by
BORIS CASTAGNA Director Company Registration No. 10300182
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BALLARO LONDON LTD Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
BALLARO LONDON LTD is a private company, limited by shares, registered in England and Wales, registration number 10300182. The registered office is 34 HEATH ROAD, TWICKENHAM, TW1 4BZ, ENGLAND.
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:
Land & buildings
15 years
Fixtures & fittings
25% reducing balance method
Computer equipment
33% straight line method
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2022
50,023 
23,572 
1,462 
75,057 
At 31 July 2023
50,023 
23,572 
1,462 
75,057 
Depreciation
At 1 August 2022
18,898 
18,626 
946 
38,470 
Charge for the year
3,335 
1,236 
482 
5,053 
At 31 July 2023
22,233 
19,862 
1,428 
43,523 
Net book value
At 31 July 2023
27,790 
3,710 
34 
31,534 
At 31 July 2022
31,125 
4,946 
516 
36,587 
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BALLARO LONDON LTD Notes to the Accounts for the year ended 31 July 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
545 
Accrued income and prepayments
4,448 
9,957 
Other debtors
15,109 
26,989 
19,557 
37,491 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
8,000 
8,000 
VAT
13,665 
12,821 
Trade creditors
11,638 
15,245 
Taxes and social security
5,896 
7,418 
Other creditors
18,371 
20,247 
Loans from directors
103,488 
119,858 
161,058 
183,589 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
15,378 
24,399 
8
Loans to directors
During the year, a balance of £103,488 (2022: £119,858) was owed to the directors at the year end.
9
Average number of employees
During the year the average number of employees was 11 (2022: 11).
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