REGISTERED NUMBER: 13359338 (England and Wales)

Unaudited Financial Statements

for the Period 30 April 2023 to 30 June 2024

for

Ball and Fisher Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

J H Ball

S C Fisher

SECRETARY:

J H Ball

REGISTERED OFFICE:

46 Lyttleton Avenue

Bromsgrove

Worcestershire

B60 3JP

REGISTERED NUMBER:

13359338 (England and Wales)

ACCOUNTANTS:

Wilkes Tranter & Co Limited

Brook House

Moss Grove

Kingswinford

West Midlands

DY6 9HS

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Directors' Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ball and Fisher Limited for the period ended 30 June 2024 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Ball and Fisher Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ball and Fisher Limited and state those matters that we have agreed to state to the Board of Directors of Ball and Fisher Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ball and Fisher Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ball and Fisher Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ball and Fisher Limited. You consider that Ball and Fisher Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Ball and Fisher Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Wilkes Tranter & Co Limited

Brook House

Moss Grove

Kingswinford

West Midlands

DY6 9HS

29 July 2024

FIXED ASSETS

Tangible assets

4

-

17,884

CURRENT ASSETS

Stocks

-

1,250

Debtors

5

24,777

5,979

Cash at bank

3,259

2,090

28,036

9,319

CREDITORS

Amounts falling due within one year

6

(27,936

)

(19,352

)

NET CURRENT ASSETS/(LIABILITIES)

100

(10,033

)

TOTAL ASSETS LESS CURRENT LIABILITIES

100

7,851

CREDITORS

Amounts falling due after more than one year

7

-

(5,355

)

PROVISIONS FOR LIABILITIES

-

(2,156

)

NET ASSETS

100

340

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

-

240

100

340

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

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

The directors acknowledge their 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2024 and were signed on its behalf by:

J H Ball - Director

S C Fisher - Director

1.	STATUTORY INFORMATION

Ball and Fisher 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

-

25% on reducing balance

Fixtures, fittings & equipment

-

Straight line over 3 years and 20% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

Plant and

fittings

Motor

machinery

& equipment

vehicles

Totals

£

£

£

£

COST

At 30 April 2023

1,504

5,404

19,737

26,645

Disposals

(1,504

)

(5,404

)

(19,737

)

(26,645

)

At 30 June 2024

-

-

-

-

DEPRECIATION

At 30 April 2023

487

1,199

7,075

8,761

Charge for period

297

1,770

3,693

5,760

Eliminated on disposal

(784

)

(2,969

)

(10,768

)

(14,521

)

At 30 June 2024

-

-

-

-

NET BOOK VALUE

At 30 June 2024

-

-

-

-

At 29 April 2023

1,017

4,205

12,662

17,884

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

-

5,979

Other debtors

24,777

-

24,777

5,979

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

20

-

Hire purchase contracts

-

4,106

Taxation and social security

17,717

10,003

Other creditors

10,199

5,243

27,936

19,352

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

-

5,355

8.	RELATED PARTY DISCLOSURES

During the year the company made a loan to the Directors J H Ball and S C Fisher. The loan was unsecured and repayable on demand. The maximum amount outstanding during the year was £24,777. Interest at the official rate was chargeable. At 30 June 2024 the balance was £24,777.