Registered number |
Registered number: | |||||||
Balance Sheet | |||||||
as at |
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Notes | 2024 | ||||||
£ | |||||||
Fixed assets | |||||||
Tangible assets | 3 | ||||||
Current assets | |||||||
Debtors | 4 | ||||||
Cash at bank and in hand | |||||||
Creditors: amounts falling due within one year | 5 | ( |
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Net current assets | |||||||
Net assets | |||||||
Capital and reserves | |||||||
Profit and loss account | |||||||
Shareholders' funds | |||||||
Matthew Holness | |||||||
Director | |||||||
Approved by the board on |
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Notes to the Accounts | ||||||||
for the period from 6 April 2023 to |
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1 | Accounting policies | |||||||
Basis of preparation | ||||||||
Balkuling Limited is a private company limited by shares and incorporated in England. Its registered office is: | ||||||||
69 Loughborough Road | ||||||||
West Bridgford | ||||||||
Nottingham | ||||||||
NG2 7LA | ||||||||
The financial statements are prepared in Sterling (£) which is the functional currency of the company. | ||||||||
Turnover | ||||||||
Tangible fixed assets | ||||||||
Equipment | 25% reducing balance | |||||||
Tangible assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes the original purchase price, costs directly attributable to bringing the asset to its working condition for its intended use, dismantling and restoration costs. The carrying values of tangible fixed assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable. The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised within the profit and loss account. |
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Debtors | ||||||||
Creditors | ||||||||
Taxation | ||||||||
Pensions | ||||||||
2 | Employees | 2024 | ||||||
Number | ||||||||
Average number of persons employed by the company | ||||||||
3 | Tangible fixed assets | |||||||
Equipment | ||||||||
£ | ||||||||
Cost | ||||||||
Additions | ||||||||
At 31 March 2024 | ||||||||
Depreciation | ||||||||
Charge for the period | ||||||||
At 31 March 2024 | ||||||||
Net book value | ||||||||
At 31 March 2024 | ||||||||
4 | Debtors | 2024 | ||||||
£ | ||||||||
Other debtors | ||||||||
5 | Creditors: amounts falling due within one year | 2024 | ||||||
£ | ||||||||
Trade creditors | ||||||||
Taxation and social security costs | ||||||||
Other creditors | ||||||||
6 | Pension commitments | |||||||
The company operates a defined contribution pension scheme, for the director. The assets of the scheme are held seperately from those of the company in an independently administered fund. At the balance sheet date, unpaid contributions of £nil were due to the fund. | ||||||||
7 | Loans to directors | |||||||
Description and conditions | B/fwd | Paid | Repaid | C/fwd | ||||
£ | £ | £ | £ | |||||
- | - | 45,201 | ||||||
- | 45,201 | - | 45,201 | |||||
During the year amounts were advanced to the director totalling £45,201. Interest at the official rate of interest has been charged and the loan will be repaid within 9 months of the year end. | ||||||||
8 | Controlling party | |||||||
9 | Other information | |||||||
Balkuling Limited is a private company limited by shares and incorporated in England. Its registered office is: | ||||||||
69 Loughborough Road | ||||||||
West Bridgford | ||||||||
Nottingham | ||||||||
NG2 7LA |