Silverfin false false 30/04/2024 01/05/2023 30/04/2024 H Balls 08/04/2021 31 January 2025 The principal activity of Hayley Balls Limited in the period under review was that of consultancy. 13321059 2024-04-30 13321059 bus:Director1 2024-04-30 13321059 2023-04-30 13321059 core:CurrentFinancialInstruments 2024-04-30 13321059 core:CurrentFinancialInstruments 2023-04-30 13321059 core:ShareCapital 2024-04-30 13321059 core:ShareCapital 2023-04-30 13321059 core:RetainedEarningsAccumulatedLosses 2024-04-30 13321059 core:RetainedEarningsAccumulatedLosses 2023-04-30 13321059 core:OfficeEquipment 2023-04-30 13321059 core:ComputerEquipment 2023-04-30 13321059 core:OfficeEquipment 2024-04-30 13321059 core:ComputerEquipment 2024-04-30 13321059 2023-05-01 2024-04-30 13321059 bus:FilletedAccounts 2023-05-01 2024-04-30 13321059 bus:SmallEntities 2023-05-01 2024-04-30 13321059 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 13321059 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 13321059 bus:Director1 2023-05-01 2024-04-30 13321059 core:OfficeEquipment core:TopRangeValue 2023-05-01 2024-04-30 13321059 core:ComputerEquipment core:TopRangeValue 2023-05-01 2024-04-30 13321059 2022-05-01 2023-04-30 13321059 core:OfficeEquipment 2023-05-01 2024-04-30 13321059 core:ComputerEquipment 2023-05-01 2024-04-30 13321059 core:OfficeEquipment 1 2023-05-01 2024-04-30 13321059 core:ComputerEquipment 1 2023-05-01 2024-04-30 13321059 1 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Company No: 13321059 (England and Wales)

HAYLEY BALLS LIMITED

Unaudited Financial Statements
For the financial year ended 30 April 2024
Pages for filing with the registrar

HAYLEY BALLS LIMITED

Unaudited Financial Statements

For the financial year ended 30 April 2024

Contents

HAYLEY BALLS LIMITED

COMPANY INFORMATION

For the financial year ended 30 April 2024
HAYLEY BALLS LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 30 April 2024
DIRECTOR H Balls
REGISTERED OFFICE Stonecross
Trumpington High Street
CB2 9SU
Cambridge
United Kingdom
COMPANY NUMBER 13321059 (England and Wales)
ACCOUNTANT Evelyn Partners (East) LLP
Stonecross
Trumpington High Street
Cambridge
CB2 9SU
HAYLEY BALLS LIMITED

BALANCE SHEET

As at 30 April 2024
HAYLEY BALLS LIMITED

BALANCE SHEET (continued)

As at 30 April 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 6,240 2,201
6,240 2,201
Current assets
Debtors 4 41,460 101
Cash at bank and in hand 41,927 28,732
83,387 28,833
Creditors: amounts falling due within one year 5 ( 71,586) ( 46,439)
Net current assets/(liabilities) 11,801 (17,606)
Total assets less current liabilities 18,041 (15,405)
Provision for liabilities ( 1,560) ( 550)
Net assets/(liabilities) 16,481 ( 15,955)
Capital and reserves
Called-up share capital 10 10
Profit and loss account 16,471 ( 15,965 )
Total shareholder's funds/(deficit) 16,481 ( 15,955)

For the financial year ending 30 April 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Hayley Balls Limited (registered number: 13321059) were approved and authorised for issue by the Director on 31 January 2025. They were signed on its behalf by:

H Balls
Director
HAYLEY BALLS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2024
HAYLEY BALLS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Hayley Balls Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Stonecross, Trumpington High Street, CB2 9SU, Cambridge, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Hayley Balls Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Going concern

The financial statements have been prepared on a going concern basis.

The director has made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Office equipment 5 years straight line
Computer equipment 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Financial instruments

The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans to and from related parties.

Basic financial assets
Basic financial assets, including trade and other debtors, and amounts due from related companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Basic financial liabilities
Basic financial liabilities, including trade and other creditors and accruals, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

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.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Tangible assets

Office equipment Computer equipment Total
£ £ £
Cost
At 01 May 2023 0 2,798 2,798
Additions 1,227 3,920 5,147
0 0 0
At 30 April 2024 1,227 6,718 7,945
Accumulated depreciation
At 01 May 2023 0 597 597
Charge for the financial year 167 941 1,108
Rounding 0 0 0
At 30 April 2024 167 1,538 1,705
Net book value
At 30 April 2024 1,060 5,180 6,240
At 30 April 2023 0 2,201 2,201

4. Debtors

2024 2023
£ £
Trade debtors 41,460 0
Other debtors 0 101
41,460 101

5. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 0 237
Amounts owed to director 13,390 5,542
Accruals 9,254 2,000
Taxation and social security 48,716 38,433
Other creditors 226 227
71,586 46,439