IRIS Accounts Production v24.2.0.383 04925173 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh049251732022-12-31049251732023-12-31049251732023-01-012023-12-31049251732021-12-31049251732022-01-012022-12-31049251732022-12-3104925173ns15:EnglandWales2023-01-012023-12-3104925173ns14:PoundSterling2023-01-012023-12-3104925173ns10:Director12023-01-012023-12-3104925173ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3104925173ns10:SmallEntities2023-01-012023-12-3104925173ns10:AuditExemptWithAccountantsReport2023-01-012023-12-3104925173ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3104925173ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3104925173ns10:FullAccounts2023-01-012023-12-3104925173ns10:OrdinaryShareClass12023-01-012023-12-3104925173ns10:Director22023-01-012023-12-3104925173ns10:CompanySecretary12023-01-012023-12-3104925173ns10:RegisteredOffice2023-01-012023-12-3104925173ns5:CurrentFinancialInstruments2023-12-3104925173ns5:CurrentFinancialInstruments2022-12-3104925173ns5:ShareCapital2023-12-3104925173ns5:ShareCapital2022-12-3104925173ns5:CapitalRedemptionReserve2023-12-3104925173ns5:CapitalRedemptionReserve2022-12-3104925173ns5:RetainedEarningsAccumulatedLosses2023-12-3104925173ns5:RetainedEarningsAccumulatedLosses2022-12-3104925173ns5:FurnitureFittings2023-01-012023-12-3104925173ns5:LeaseholdImprovements2022-12-3104925173ns5:FurnitureFittings2022-12-3104925173ns5:LeaseholdImprovements2023-01-012023-12-3104925173ns5:LeaseholdImprovements2023-12-3104925173ns5:FurnitureFittings2023-12-3104925173ns5:LeaseholdImprovements2022-12-3104925173ns5:FurnitureFittings2022-12-3104925173ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3104925173ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-3104925173ns10:OrdinaryShareClass12023-12-3104925173ns5:RetainedEarningsAccumulatedLosses2022-12-3104925173ns5:CapitalRedemptionReserve2022-12-3104925173ns5:RetainedEarningsAccumulatedLosses2023-01-012023-12-31
REGISTERED NUMBER: 04925173 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Balgores Basildon Limited

Balgores Basildon Limited (Registered number: 04925173)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 6

Balgores Basildon Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: P A Austin
M Gibbon





SECRETARY: M Gibbon





REGISTERED OFFICE: 10 High Street
Wickford
Essex
SS12 9AZ





REGISTERED NUMBER: 04925173 (England and Wales)





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

Balgores Basildon Limited (Registered number: 04925173)

Statement of Financial Position
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 114,376 59,357

CURRENT ASSETS
Debtors 5 62,978 53,769
Cash at bank and in hand 55,145 154,264
118,123 208,033
CREDITORS
Amounts falling due within one year 6 127,644 83,866
NET CURRENT (LIABILITIES)/ASSETS (9,521 ) 124,167
TOTAL ASSETS LESS CURRENT
LIABILITIES

104,855

183,524

CAPITAL AND RESERVES
Called up share capital 7 76 76
Capital redemption reserve 8 24 24
Retained earnings 8 104,755 183,424
SHAREHOLDERS' FUNDS 104,855 183,524

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 Basildon Limited (Registered number: 04925173)

Statement of Financial Position - 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 16 September 2024 and were signed on its behalf by:





M Gibbon - Director


Balgores Basildon Limited (Registered number: 04925173)

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

1. STATUTORY INFORMATION

Balgores Basildon 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents fees and commissions receivable for the period excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost

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 14 (2022 - 15 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and
property fittings Totals
£    £    £   
COST
At 1 January 2023 - 184,538 184,538
Additions 25,772 54,218 79,990
At 31 December 2023 25,772 238,756 264,528
DEPRECIATION
At 1 January 2023 - 125,181 125,181
Charge for year 2,257 22,714 24,971
At 31 December 2023 2,257 147,895 150,152
NET BOOK VALUE
At 31 December 2023 23,515 90,861 114,376
At 31 December 2022 - 59,357 59,357

Balgores Basildon Limited (Registered number: 04925173)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 52,961 38,184
Other debtors 10,017 15,585
62,978 53,769

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 54,703 30,038
Tax - 12,999
Social security and other taxes 10,039 12,529
VAT 12,089 24,235
Other creditors 47,563 815
Accrued expenses 3,250 3,250
127,644 83,866

7. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Share capital 1 ordin ary 76 76

8. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 January 2023 183,424 24 183,448
Deficit for the year (28,669 ) - (28,669 )
Dividends (50,000 ) - (50,000 )
At 31 December 2023 104,755 24 104,779

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Balgores Basildon 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 Statement of Financial Position. 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 Basildon Limited for the year ended 31 December 2023 which comprise the Income Statement, Statement of Financial Position 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 Basildon 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 Basildon Limited and state those matters that we have agreed to state to the Board of Directors of Balgores Basildon 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 Basildon 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 Basildon Limited. You consider that Balgores Basildon 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 Basildon 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


16 September 2024