Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-302023-10-01falsebuilding services company22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09756546 2023-10-01 2024-09-30 09756546 2022-10-01 2023-09-30 09756546 2024-09-30 09756546 2023-09-30 09756546 c:Director1 2023-10-01 2024-09-30 09756546 d:MotorVehicles 2023-10-01 2024-09-30 09756546 d:MotorVehicles 2024-09-30 09756546 d:MotorVehicles 2023-09-30 09756546 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 09756546 d:FurnitureFittings 2023-10-01 2024-09-30 09756546 d:FurnitureFittings 2024-09-30 09756546 d:FurnitureFittings 2023-09-30 09756546 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 09756546 d:OfficeEquipment 2023-10-01 2024-09-30 09756546 d:OfficeEquipment 2024-09-30 09756546 d:OfficeEquipment 2023-09-30 09756546 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 09756546 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 09756546 d:CurrentFinancialInstruments 2024-09-30 09756546 d:CurrentFinancialInstruments 2023-09-30 09756546 d:Non-currentFinancialInstruments 2024-09-30 09756546 d:Non-currentFinancialInstruments 2023-09-30 09756546 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 09756546 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 09756546 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 09756546 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 09756546 d:ShareCapital 2024-09-30 09756546 d:ShareCapital 2023-09-30 09756546 d:RetainedEarningsAccumulatedLosses 2024-09-30 09756546 d:RetainedEarningsAccumulatedLosses 2023-09-30 09756546 d:AcceleratedTaxDepreciationDeferredTax 2024-09-30 09756546 d:AcceleratedTaxDepreciationDeferredTax 2023-09-30 09756546 c:FRS102 2023-10-01 2024-09-30 09756546 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 09756546 c:FullAccounts 2023-10-01 2024-09-30 09756546 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09756546 2 2023-10-01 2024-09-30 09756546 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-09-30 09756546 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-09-30 09756546 d:LeasedAssetsHeldAsLessee 2024-09-30 09756546 d:LeasedAssetsHeldAsLessee 2023-09-30 09756546 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Registered number: 09756546












BALANCE MECHANICAL AND BUILDING SERVICES LTD
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED
 30 SEPTEMBER 2024





















 


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01483 755 399
hamlyns.com

 
BALANCE MECHANICAL AND BUILDING SERVICES LTD
REGISTERED NUMBER: 09756546

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
106,105
61,890

  
106,105
61,890

Current assets
  

Debtors: amounts falling due within one year
 5 
201,966
279,770

Cash at bank and in hand
  
235,509
177,731

  
437,475
457,501

Creditors: amounts falling due within one year
 6 
(344,367)
(316,856)

Net current assets
  
 
 
93,108
 
 
140,645

Total assets less current liabilities
  
199,213
202,535

Creditors: amounts falling due after more than one year
  
(110,895)
(57,496)

Provisions for liabilities
  

Deferred tax
 8 
(26,526)
(15,472)

  
 
 
(26,526)
 
 
(15,472)

Net assets
  
61,792
129,567


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
61,692
129,467

  
61,792
129,567


Page 1

 
BALANCE MECHANICAL AND BUILDING SERVICES LTD
REGISTERED NUMBER: 09756546

BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 17 January 2025.




___________________________
Richard David Chappell
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
BALANCE MECHANICAL AND BUILDING SERVICES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Balance Mechanical and Building Services Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address is as below:
Registered office:Sundial House 98 High Street, Horsell, Woking, Surrey, GU21 4SU.
Registered number: 09756546

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
BALANCE MECHANICAL AND BUILDING SERVICES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
BALANCE MECHANICAL AND BUILDING SERVICES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using both the straight-line and reducing balance methods..

Depreciation is provided on the following basis:

Motor vehicles
-
25%
On reducing balance
Fixtures and fittings
-
20%
On cost
Office equipment
-
33%
On cost

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 in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 5

 
BALANCE MECHANICAL AND BUILDING SERVICES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 October 2023
77,680
340
14,421
92,441


Additions
86,059
-
422
86,481



At 30 September 2024

163,739
340
14,843
178,922



Depreciation


At 1 October 2023
19,420
136
10,995
30,551


Charge for the year on owned assets
38,763
68
3,435
42,266



At 30 September 2024

58,183
204
14,430
72,817



Net book value



At 30 September 2024
105,556
136
413
106,105



At 30 September 2023
58,260
204
3,426
61,890

Page 6

 
BALANCE MECHANICAL AND BUILDING SERVICES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

           4.Tangible fixed assets (continued)

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023
£
£



Motor vehicles
105,556
58,260

105,556
58,260


5.


Debtors

2024
2023
£
£


Trade debtors
10,471
111,338

Amounts owed by joint ventures and associated undertakings
1,000
-

Other debtors
168,388
146,676

Prepayments and accrued income
22,107
21,756

201,966
279,770



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
95,357
73,296

Corporation tax
10,237
21,371

Other taxation and social security
47,637
14,704

Obligations under finance lease and hire purchase contracts
17,350
10,238

Other creditors
2,097
47,823

Accruals and deferred income
171,689
149,424

344,367
316,856


Page 7

 
BALANCE MECHANICAL AND BUILDING SERVICES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
110,895
57,496

110,895
57,496


The following liabilities were secured:

2024
2023
£
£

Hire purchase contracts


Under 1 year
17,350
10,238

Over 1 year
110,895
57,496

128,245
67,734

Details of security provided:

The hire purchase contracts are secured on the assets concerned.


8.


Deferred taxation




2024


£






At beginning of year
(15,472)


Charged to the profit or loss
(11,054)



At end of year
(26,526)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(26,526)
(15,472)

(26,526)
(15,472)


9.


Related party transactions

During the year the company lent another company under common control £1,000 (2023: £NIL), the loan is interest free, repayable on demand and included within debtors.


Page 8