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REGISTERED NUMBER: 07212146 (England and Wales)















BALA 4X4 LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024






BALA 4X4 LIMITED (REGISTERED NUMBER: 07212146)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BALA 4X4 LIMITED

COMPANY INFORMATION
for the Year Ended 30 APRIL 2024







DIRECTOR: H Morris





REGISTERED OFFICE: Ty Uchaf
Rhyduchaf
Bala
Gwynedd
LL23 7PW





REGISTERED NUMBER: 07212146 (England and Wales)





ACCOUNTANTS: E W Owen & Co
Glyndwr Buildings
Glyndwr Street
Dolgellau
Gwynedd
LL40 1BB

BALA 4X4 LIMITED (REGISTERED NUMBER: 07212146)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,225 11,018

CURRENT ASSETS
Debtors 5 1,140 810
Cash at bank 77,183 57,459
78,323 58,269
CREDITORS
Amounts falling due within one year 6 17,826 13,804
NET CURRENT ASSETS 60,497 44,465
TOTAL ASSETS LESS CURRENT
LIABILITIES

69,722

55,483

PROVISIONS FOR LIABILITIES 1,732 2,068
NET ASSETS 67,990 53,415

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 67,988 53,413
SHAREHOLDERS' FUNDS 67,990 53,415

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

BALA 4X4 LIMITED (REGISTERED NUMBER: 07212146)

BALANCE SHEET - continued
30 APRIL 2024


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 director and authorised for issue on 20 December 2024 and were signed by:





H Morris - Director


BALA 4X4 LIMITED (REGISTERED NUMBER: 07212146)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 APRIL 2024


1. STATUTORY INFORMATION

Bala 4x4 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance and 10% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

BALA 4X4 LIMITED (REGISTERED NUMBER: 07212146)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 APRIL 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 3,369 854 15,000 1,199 20,422
Additions - - - 303 303
At 30 April 2024 3,369 854 15,000 1,502 20,725
DEPRECIATION
At 1 May 2023 1,683 486 6,557 678 9,404
Charge for year 168 74 1,689 165 2,096
At 30 April 2024 1,851 560 8,246 843 11,500
NET BOOK VALUE
At 30 April 2024 1,518 294 6,754 659 9,225
At 30 April 2023 1,686 368 8,443 521 11,018

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,140 810

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,000 4,000
Trade creditors 4,542 1,889
Taxation and social security 4,224 2,883
Other creditors 5,060 5,032
17,826 13,804