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
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
BALLARO LONDON LTD
Statement of financial position
as at 31 July 2023
Tangible assets
31,534
36,587
Cash at bank and in hand
83,381
89,679
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)
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
BALLARO LONDON LTD
Notes to the Accounts
for the year ended 31 July 2023
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.
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
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
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
At 31 July 2023
27,790
3,710
34
31,534
At 31 July 2022
31,125
4,946
516
36,587
BALLARO LONDON LTD
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Accrued income and prepayments
4,448
9,957
Other debtors
15,109
26,989
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
8,000
8,000
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
7
Creditors: amounts falling due after more than one year
2023
2022
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).