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REGISTERED NUMBER: 05886025 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Balgores Essex Limited

Balgores Essex Limited (Registered number: 05886025)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 6

Balgores Essex Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: M Gibbon
P A Austin





REGISTERED OFFICE: 10 High Street
Wickford
Essex
SS12 9AZ





REGISTERED NUMBER: 05886025 (England and Wales)





ACCOUNTANTS: Edison and Co
Chartered Certified Accountants
29 Herbert Road
Hornchurch
Essex
RM11 3LH

Balgores Essex Limited (Registered number: 05886025)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 35,854 35,336

CURRENT ASSETS
Debtors 5 41,206 34,093
Cash at bank and in hand 160,913 310,245
202,119 344,338
CREDITORS
Amounts falling due within one year 6 53,585 72,057
NET CURRENT ASSETS 148,534 272,281
TOTAL ASSETS LESS CURRENT
LIABILITIES

184,388

307,617

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7 184,288 307,517
184,388 307,617

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Balgores Essex Limited (Registered number: 05886025)

Balance Sheet - continued
31 December 2023


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 Board of Directors and authorised for issue on 9 September 2024 and were signed on its behalf by:





M Gibbon - Director


Balgores Essex Limited (Registered number: 05886025)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Balgores Essex 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - in accordance with the property
Improvements to property - in accordance with the property
Fixtures and fittings - 25% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2022 - 15 ) .

Balgores Essex Limited (Registered number: 05886025)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Short to and
leasehold property fittings Totals
£    £    £    £   
COST
At 1 January 2023 40,000 21,248 127,344 188,592
Additions - - 11,622 11,622
At 31 December 2023 40,000 21,248 138,966 200,214
DEPRECIATION
At 1 January 2023 40,000 21,248 92,008 153,256
Charge for year - - 11,104 11,104
At 31 December 2023 40,000 21,248 103,112 164,360
NET BOOK VALUE
At 31 December 2023 - - 35,854 35,854
At 31 December 2022 - - 35,336 35,336

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 27,036 17,047
Other debtors 14,170 17,046
41,206 34,093

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 29,452 21,741
Taxation and social security 14,605 46,229
Other creditors 9,528 4,087
53,585 72,057

7. RESERVES
Retained
earnings
£   

At 1 January 2023 307,517
Deficit for the year (73,229 )
Dividends (50,000 )
At 31 December 2023 184,288

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Balgores Essex Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Balgores Essex Limited for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Balgores Essex Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Balgores Essex Limited and state those matters that we have agreed to state to the Board of Directors of Balgores Essex Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Balgores Essex Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Balgores Essex Limited. You consider that Balgores Essex Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Balgores Essex Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Edison and Co
Chartered Certified Accountants
29 Herbert Road
Hornchurch
Essex
RM11 3LH


9 September 2024