Company Registration No. 14370167 (England and Wales)
House Of Balance Limited
Unaudited accounts
for the year ended 30 September 2024
House Of Balance Limited
Unaudited accounts
Contents
House Of Balance Limited
Company Information
for the year ended 30 September 2024
Company Number
14370167 (England and Wales)
Registered Office
28 High Street
Chislehurst
BR7 5AN
House Of Balance Limited
Statement of financial position
as at 30 September 2024
Tangible assets
99,921
121,518
Cash at bank and in hand
36,580
28,177
Creditors: amounts falling due within one year
(107,974)
(191,820)
Net current liabilities
(51,500)
(121,140)
Called up share capital
100
100
Profit and loss account
48,321
278
Shareholders' funds
48,421
378
For the year ending 30 September 2024 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 her 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 7 October 2024 and were signed on its behalf by
Abby McPhillips
Director
Company Registration No. 14370167
House Of Balance Limited
Notes to the Accounts
for the year ended 30 September 2024
House Of Balance Limited is a private company, limited by shares, registered in England and Wales, registration number 14370167. The registered office is 28 High Street, Chislehurst, BR7 5AN.
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:
Plant & machinery
20% Straight Lione
Fixtures & fittings
20% Straight Line
Computer equipment
33% Straight Line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
25,454
94,869
1,195
121,518
Additions
1,865
1,712
-
3,577
At 30 September 2024
27,319
96,581
1,195
125,095
Charge for the year
5,464
19,316
394
25,174
At 30 September 2024
5,464
19,316
394
25,174
At 30 September 2024
21,855
77,265
801
99,921
At 30 September 2023
25,454
94,869
1,195
121,518
House Of Balance Limited
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
Other debtors
15,000
15,000
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
93,131
178,444
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).