0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 300,156 300,156 300,156 xbrli:pure xbrli:shares iso4217:GBP 06553758 2023-04-01 2024-03-31 06553758 2024-03-31 06553758 2023-03-31 06553758 2022-04-01 2023-03-31 06553758 2023-03-31 06553758 2022-03-31 06553758 bus:Director1 2023-04-01 2024-03-31 06553758 bus:Director2 2023-04-01 2024-03-31 06553758 core:WithinOneYear 2024-03-31 06553758 core:WithinOneYear 2023-03-31 06553758 core:AfterOneYear 2024-03-31 06553758 core:AfterOneYear 2023-03-31 06553758 core:ShareCapital 2024-03-31 06553758 core:ShareCapital 2023-03-31 06553758 core:RetainedEarningsAccumulatedLosses 2024-03-31 06553758 core:RetainedEarningsAccumulatedLosses 2023-03-31 06553758 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 06553758 core:Non-currentFinancialInstruments 2024-03-31 06553758 core:Non-currentFinancialInstruments 2023-03-31 06553758 bus:SmallEntities 2023-04-01 2024-03-31 06553758 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06553758 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 06553758 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06553758 bus:FullAccounts 2023-04-01 2024-03-31
COMPANY REGISTRATION NUMBER: 06553758
BA Corporation Limited
Filleted Unaudited Financial Statements
31 March 2024
BA Corporation Limited
Statement of Financial Position
31 March 2024
2024
2023
Note
£
£
£
Fixed assets
Investments
4
300,156
300,156
Current assets
Debtors
5
228,200
134,705
Cash at bank and in hand
613
20
---------
---------
228,813
134,725
Creditors: amounts falling due within one year
6
125,832
49,572
---------
---------
Net current assets
102,981
85,153
---------
---------
Total assets less current liabilities
403,137
385,309
Creditors: amounts falling due after more than one year
7
102,984
85,156
---------
---------
Net assets
300,153
300,153
---------
---------
Capital and reserves
Called up share capital
300,001
300,001
Profit and loss account
152
152
---------
---------
Shareholders funds
300,153
300,153
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
BA Corporation Limited
Statement of Financial Position (continued)
31 March 2024
These financial statements were approved by the board of directors and authorised for issue on 7 October 2024 , and are signed on behalf of the board by:
Mr B Adams
Mrs H Adams
Director
Secretary
Company registration number: 06553758
BA Corporation Limited
Notes to the Financial Statements
Year ended 31 March 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Dinah's Farm, Fir Tree Lane, Aughton, Ormskirk, L39 7HH, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
4. Investments
Other investments other than loans
£
Cost
At 1 April 2023 and 31 March 2024
300,156
---------
Impairment
At 1 April 2023 and 31 March 2024
---------
Carrying amount
At 31 March 2024
300,156
---------
At 31 March 2023
300,156
---------
5. Debtors
2024
2023
£
£
Trade debtors
3,958
Amounts owed by group undertakings and undertakings in which the company has a participating interest
228,200
130,747
---------
---------
228,200
134,705
---------
---------
6. Creditors: amounts falling due within one year
2024
2023
£
£
Accruals and deferred income
125,832
49,572
---------
--------
7. Creditors: amounts falling due after more than one year
2024
2023
£
£
Amounts owed to group undertakings
156
156
Other creditors
102,828
85,000
---------
--------
102,984
85,156
---------
--------