Company Registration No. 09152007 (England and Wales)
Balfie Ltd
Unaudited accounts
for the year ended 31 October 2023
Balfie Ltd
Unaudited accounts
Contents
Balfie Ltd
Company Information
for the year ended 31 October 2023
Company Number
09152007 (England and Wales)
Registered Office
23 THOR WALK
CORBY
NORTHAMPTONSHIRE
NN18 9EE
Accountants
Corby Accounts & Payroll Services Ltd
40 Aintree Road
Corby
Northants
NN18 8RD
Balfie Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
2,856
6,380
Cash at bank and in hand
9,136
(1,549)
Creditors: amounts falling due within one year
6,581
12,089
Net current assets
17,525
14,274
Total assets less current liabilities
20,381
20,654
Creditors: amounts falling due after more than one year
(12,015)
(17,184)
Called up share capital
2
2
Profit and loss account
8,364
3,468
Shareholders' funds
8,366
3,470
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 25 August 2024 and were signed on its behalf by
Brian Logue
Director
Company Registration No. 09152007
Balfie Ltd
Notes to the Accounts
for the year ended 31 October 2023
Balfie Ltd is a private company, limited by shares, registered in England and Wales, registration number 09152007. The registered office is 23 THOR WALK, CORBY, NORTHAMPTONSHIRE, NN18 9EE.
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.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2022
163
13,265
13,428
At 31 October 2023
163
13,265
13,428
At 1 November 2022
80
6,968
7,048
Charge for the year
40
3,484
3,524
At 31 October 2023
120
10,452
10,572
At 31 October 2023
43
2,813
2,856
At 31 October 2022
83
6,297
6,380
Amounts falling due within one year
Accrued income and prepayments
256
-
Balfie Ltd
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
1,859
Obligations under finance leases and hire purchase contracts
-
1,007
Taxes and social security
2,555
3,454
Loans from directors
(8,409)
(18,409)
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
1,252
2,276
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).