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REGISTERED NUMBER: 04640347 (England and Wales)
























Financial Statements

for the Year Ended 31 March 2025

for

Bala Adventure & Watersports Limited

Bala Adventure & Watersports Limited (Registered number: 04640347)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bala Adventure & Watersports Limited

Company Information
for the Year Ended 31 March 2025







Directors: Mrs S L Lind
M A Lind





Secretary: Mrs S L Lind





Registered office: 9 Court Road
Bridgend
South Wales
CF31 1BE





Registered number: 04640347 (England and Wales)





Accountants: Curtis Bowden & Thomas Limited
Chartered Certified Accountants
9 Court Road
Bridgend
CF31 1BE

Bala Adventure & Watersports Limited (Registered number: 04640347)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
Fixed assets
Intangible assets 4 - -
Tangible assets 5 55,909 62,692
55,909 62,692

Current assets
Debtors 6 328 115
Cash at bank 651 4,620
979 4,735
Creditors
Amounts falling due within one year 7 39,644 37,125
Net current liabilities (38,665 ) (32,390 )
Total assets less current liabilities 17,244 30,302

Creditors
Amounts falling due after more than one
year

8

(2,987

)

(5,310

)

Provisions for liabilities (10,623 ) (11,911 )
Net assets 3,634 13,081

Capital and reserves
Called up share capital 2 2
Retained earnings 3,632 13,079
Shareholders' funds 3,634 13,081

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Bala Adventure & Watersports Limited (Registered number: 04640347)

Balance Sheet - continued
31 March 2025


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 Board of Directors and authorised for issue on 21 July 2025 and were signed on its behalf by:





Mrs S L Lind - Director


Bala Adventure & Watersports Limited (Registered number: 04640347)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. Statutory information

Bala Adventure & Watersports 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 8% on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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.

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.

Bala Adventure & Watersports Limited (Registered number: 04640347)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

3. Employees and directors

The average number of employees during the year was 7 (2024 - 7 ) .

4. Intangible fixed assets
Goodwill
£   
Cost
At 1 April 2024
and 31 March 2025 1,500
Amortisation
At 1 April 2024
and 31 March 2025 1,500
Net book value
At 31 March 2025 -
At 31 March 2024 -

5. Tangible fixed assets
Improvements
Freehold to Plant and
property property machinery
£    £    £   
Cost
At 1 April 2024 3,397 23,300 269,048
Additions - - 14,028
At 31 March 2025 3,397 23,300 283,076
Depreciation
At 1 April 2024 3,397 - 239,340
Charge for year - - 17,621
At 31 March 2025 3,397 - 256,961
Net book value
At 31 March 2025 - 23,300 26,115
At 31 March 2024 - 23,300 29,708

Bala Adventure & Watersports Limited (Registered number: 04640347)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. Tangible fixed assets - continued

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
Cost
At 1 April 2024 79,479 22,922 32,772 430,918
Additions - - - 14,028
At 31 March 2025 79,479 22,922 32,772 444,946
Depreciation
At 1 April 2024 77,876 15,669 31,944 368,226
Charge for year 550 1,813 827 20,811
At 31 March 2025 78,426 17,482 32,771 389,037
Net book value
At 31 March 2025 1,053 5,440 1 55,909
At 31 March 2024 1,603 7,253 828 62,692

6. Debtors: amounts falling due within one year
31.3.25 31.3.24
£    £   
Other debtors 328 115

7. Creditors: amounts falling due within one year
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 9,774 9,331
Trade creditors 38 87
Taxation and social security 15,704 10,457
Other creditors 14,128 17,250
39,644 37,125

8. Creditors: amounts falling due after more than one year
31.3.25 31.3.24
£    £   
Bank loans 2,987 5,310

9. Ultimate controlling party

The company is owned and controlled by the directors.