Company No:
Contents
DIRECTORS | Dr Sandip Kaur Dau |
Harpreet Singh Gill |
REGISTERED OFFICE | Dixon Wilson Chartered Accountants |
22 Chancery Lane | |
London | |
WC2A 1LS | |
United Kingdom |
COMPANY NUMBER | 13945277 (England and Wales) |
CHARTERED ACCOUNTANTS | Dixon Wilson |
22 Chancery Lane | |
London | |
WC2A 1LS |
Note | 31.03.2024 | 31.03.2023 | ||
£ | £ | |||
Restated - note 2 | ||||
Fixed assets | ||||
Investments | 4 |
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450 | 450 | |||
Net current assets | 0 | 0 | ||
Total assets less current liabilities | 450 | 450 | ||
Net assets |
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Capital and reserves | ||||
Called-up share capital | 5 |
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Total shareholders' funds |
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The company did not trade during the current financial year or the preceding financial period and received no income and incurred no expenditure. Consequently, the company made neither a profit nor a loss in either the current financial year or the preceding financial period and there were no movements in retained earnings
Directors' responsibilities:
These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Balthazar Group Limited (registered number:
Harpreet Singh Gill
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.
Balthazar Group 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 Dixon Wilson Chartered Accountants, 22 Chancery Lane, London, WC2A 1LS, 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 Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, at each balance sheet date, they are accounted for at cost less impairment.
The accounts have been restated to correct some balances in the comparative period.
A debtor for "Called up share capital not paid" of £450 was previously recognised at 31 March 2023, and the total effect of the prior year adjustment is to reduce this by £450, to £nil.
This is because the shares were actually issued in a share-for-share exchange, with the consideration received for the issued shares now being recognised as an investment in an associate, measured at the fair value of the shares on acquisition of £450, an increase of £450, from £nil.
As previously reported | Adjustment | As restated | ||||
Year ended 31 March 2023 | £ | £ | £ | |||
Called up share capital not paid | 450 | (450) | 0 | |||
Investment in Associate | 0 | 450 | 450 |
Year ended 31.03.2024 |
Period from 01.03.2022 to 31.03.2023 |
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Number | Number | ||
Monthly average number of persons employed by the company during the year, including directors |
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Investments in associates | Total | ||
£ | £ | ||
Cost or valuation before impairment | |||
At 01 April 2023 |
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At 31 March 2024 |
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Carrying value at 31 March 2024 |
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Carrying value at 31 March 2023 |
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31.03.2024 | 31.03.2023 | ||
£ | £ | ||
Allotted, called-up and fully-paid | |||
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