BAL REAL ESTATE LTD

Company Registration Number:
09265504 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

BAL REAL ESTATE LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

BAL REAL ESTATE LTD

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 1,737,092 1,500,264
Total fixed assets: 1,737,092 1,500,264
Current assets
Debtors:   19,455 19,601
Cash at bank and in hand: 15,269 6,205
Total current assets: 34,724 25,806
Creditors: amounts falling due within one year:   (944,713) (830,411)
Net current assets (liabilities): (909,989) (804,605)
Total assets less current liabilities: 827,103 695,659
Creditors: amounts falling due after more than one year:   (871,261) (754,134)
Total net assets (liabilities): (44,158) (58,475)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (44,258) (58,575)
Shareholders funds: (44,158) (58,475)

The notes form part of these financial statements

BAL REAL ESTATE LTD

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 July 2024
and signed on behalf of the board by:

Name: Mr Pritpal Singh Bal
Status: Director

The notes form part of these financial statements

BAL REAL ESTATE LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

BAL REAL ESTATE LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

BAL REAL ESTATE LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible Assets

Total
Cost £
At 01 November 2022 1,512,962
Additions 864,762
Disposals (623,585)
At 31 October 2023 1,754,139
Depreciation
At 01 November 2022 12,698
Charge for year 4,349
On disposals 0
At 31 October 2023 17,047
Net book value
At 31 October 2023 1,737,092
At 31 October 2022 1,500,264

BAL REAL ESTATE LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Related party transactions

The Company is controlled by Mr Pritpal Singh Bal, Company's Managing director. It is confirmed that Director's current account is debited with personal transactions and credited with remuneration as well as Dividends.