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REGISTERED NUMBER: 03351941 (England and Wales)















BAL GROUP (ALUMINIUM) LIMITED

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 DECEMBER 2024






BAL GROUP (ALUMINIUM) LIMITED (REGISTERED NUMBER: 03351941)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


BAL GROUP (ALUMINIUM) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: A J Whitehouse
M J Whitehouse
S J Kane
S V Kucharczyk





SECRETARY: S V Kucharczyk





REGISTERED OFFICE: Unit 1
Farrow Road
Great Barr
Birmingham
West Midlands
B44 9HE





REGISTERED NUMBER: 03351941 (England and Wales)





ACCOUNTANTS: Charles Lovell & Co Limited
Chartered Certified Accountants
and Statutory Auditors
8 Church Green East
Redditch
Worcestershire
B98 8BP

BAL GROUP (ALUMINIUM) LIMITED (REGISTERED NUMBER: 03351941)

ABRIDGED BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,321,020 1,398,336

CURRENT ASSETS
Stocks 869,519 886,850
Debtors 336,567 434,184
Cash at bank and in hand 5,554 53,261
1,211,640 1,374,295
CREDITORS
Amounts falling due within one year 806,275 1,036,608
NET CURRENT ASSETS 405,365 337,687
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,726,385

1,736,023

CREDITORS
Amounts falling due after more than one
year

(296,732

)

(366,412

)

PROVISIONS FOR LIABILITIES (85,900 ) (93,429 )
NET ASSETS 1,343,753 1,276,182

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 1,343,652 1,276,081
SHAREHOLDERS' FUNDS 1,343,753 1,276,182

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

BAL GROUP (ALUMINIUM) LIMITED (REGISTERED NUMBER: 03351941)

ABRIDGED BALANCE SHEET - continued
31 DECEMBER 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 April 2025 and were signed on its behalf by:





S J Kane - Director


BAL GROUP (ALUMINIUM) LIMITED (REGISTERED NUMBER: 03351941)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

BAL Group (Aluminium) 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings - 2% on cost
Plant and machinery etc - 33% on cost, 25% on reducing balance and 15% 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 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

BAL GROUP (ALUMINIUM) LIMITED (REGISTERED NUMBER: 03351941)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2023 - 21 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024 2,204,135
Additions 20,447
Disposals (8,402 )
At 31 December 2024 2,216,180
DEPRECIATION
At 1 January 2024 805,799
Charge for year 96,792
Eliminated on disposal (7,431 )
At 31 December 2024 895,160
NET BOOK VALUE
At 31 December 2024 1,321,020
At 31 December 2023 1,398,336

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 January 2024
and 31 December 2024 78,783
DEPRECIATION
At 1 January 2024 28,072
Charge for year 12,684
At 31 December 2024 40,756
NET BOOK VALUE
At 31 December 2024 38,027
At 31 December 2023 50,711

5. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Bank overdrafts 46,718 77,704
Bank loans 84,393 102,411
Hire purchase contracts 6,895 24,679
Mortgage loan 277,007 318,891
Invoice discounting 190,502 292,751
605,515 816,436

BAL GROUP (ALUMINIUM) LIMITED (REGISTERED NUMBER: 03351941)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


6. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of BAL (Aluminium) Limited, a company incorporated in England.