IRIS Accounts Production v25.2.0.378 07886724 director 1.1.24 31.12.24 31.12.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh078867242023-12-31078867242024-12-31078867242024-01-012024-12-31078867242022-12-31078867242023-01-012023-12-31078867242023-12-3107886724ns15:EnglandWales2024-01-012024-12-3107886724ns14:PoundSterling2024-01-012024-12-3107886724ns10:Director12024-01-012024-12-3107886724ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3107886724ns10:SmallEntities2024-01-012024-12-3107886724ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3107886724ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3107886724ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3107886724ns10:FullAccounts2024-01-012024-12-3107886724ns5:CurrentFinancialInstruments2024-12-3107886724ns5:CurrentFinancialInstruments2023-12-3107886724ns5:Non-currentFinancialInstruments2024-12-3107886724ns5:Non-currentFinancialInstruments2023-12-3107886724ns5:ShareCapital2024-12-3107886724ns5:ShareCapital2023-12-3107886724ns5:FurtherSpecificReserve3ComponentTotalEquity2024-12-3107886724ns5:FurtherSpecificReserve3ComponentTotalEquity2023-12-3107886724ns5:RetainedEarningsAccumulatedLosses2024-12-3107886724ns5:RetainedEarningsAccumulatedLosses2023-12-3107886724ns10:RegisteredOffice2024-01-012024-12-3107886724ns5:FurnitureFittings2024-01-012024-12-3107886724ns5:FurnitureFittings2023-12-3107886724ns5:FurnitureFittings2024-12-3107886724ns5:FurnitureFittings2023-12-3107886724ns5:CostValuation2023-12-3107886724ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3107886724ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3107886724ns5:CurrentFinancialInstruments2024-01-012024-12-3107886724ns5:Non-currentFinancialInstruments2024-01-012024-12-3107886724ns5:FurtherSpecificReserve3ComponentTotalEquity2023-12-31
REGISTERED NUMBER: 07886724 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Ballard Holdings Ltd

Ballard Holdings Ltd (Registered number: 07886724)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Ballard Holdings Ltd (Registered number: 07886724)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Property, plant and equipment 4 3,661 4,576
Investments 5 76 76
Investment property 6 1,365,000 1,365,000
1,368,737 1,369,652

Current assets
Debtors 7 640,135 321,002
Cash at bank 74,479 64,326
714,614 385,328
Creditors
Amounts falling due within one year 8 443,963 421,442
Net current assets/(liabilities) 270,651 (36,114 )
Total assets less current liabilities 1,639,388 1,333,538

Creditors
Amounts falling due after more than one
year

9

(271,520

)

(304,119

)

Provisions for liabilities (135,404 ) (134,445 )
Net assets 1,232,464 894,974

Ballard Holdings Ltd (Registered number: 07886724)

Balance Sheet - continued
31 December 2024

2024 2023
Notes £    £    £    £   
Capital and reserves
Called up share capital 10 100 100
Fair value reserve 11 357,369 357,369
Retained earnings 874,995 537,505
1,232,464 894,974

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 director acknowledges his 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 director and authorised for issue on 25 August 2025 and were signed by:





C G Ballard - Director


Ballard Holdings Ltd (Registered number: 07886724)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. Statutory information

Ballard Holdings Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07886724

Registered office: 85 Church Road
Hove
East Sussex
BN3 2BB

The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£).

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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about Ballard Holdings Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is measured as gross rents receivable.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investments in subsidiaries
Investments in subsidiary companies are stated at cost less any impairment.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.


Ballard Holdings Ltd (Registered number: 07886724)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. Accounting policies - continued
Taxation
Taxation for the year 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.

3. Employees and directors

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

4. Property, plant and equipment
Fixtures
and
fittings
£   
Cost
At 1 January 2024
and 31 December 2024 65,231
Depreciation
At 1 January 2024 60,655
Charge for year 915
At 31 December 2024 61,570
Net book value
At 31 December 2024 3,661
At 31 December 2023 4,576

5. Fixed asset investments
Shares in
group
undertakings
£   
Cost
At 1 January 2024
and 31 December 2024 76
Net book value
At 31 December 2024 76
At 31 December 2023 76

Ballard Holdings Ltd (Registered number: 07886724)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. Investment property
Total
£   
Fair value
At 1 January 2024
and 31 December 2024 1,365,000
Net book value
At 31 December 2024 1,365,000
At 31 December 2023 1,365,000

The investment property was valued by Flude Property Consultants RICS on 11 September 2020.

7. Debtors: amounts falling due within one year
2024 2023
£    £   
Amounts owed by group undertakings 597,503 296,843
Other debtors 42,632 24,159
640,135 321,002

8. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 33,342 31,052
Amounts owed to group undertakings 295,365 283,107
Taxation and social security 12,019 12,543
Other creditors 103,237 94,740
443,963 421,442

Included within creditors falling due within one year are secured liabilities of £33,342 (2023: £31,052). These balances are secured on the investment property.

9. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans 271,520 304,119

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years 71,470 117,806

Included within creditors falling due after more than one year are secured liabilities of £271,520 (2023: £304,119). These balances are secured on the investment property.

Ballard Holdings Ltd (Registered number: 07886724)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

10. Called up share capital

Number: Class Nominal 2024 2023
Value: £    £   
100 Ordinary A shares 1 100 13
Ordinary B shares 1 12
Ordinary D shares 1 75
-------- --------
100 100
===== ====

11. Reserves
Fair
value
reserve
£   
At 1 January 2024
and 31 December 2024 357,369

12. Directors' advances, credits and guarantees

During the year advances of £83,632 (2023: £95,620) were made to a director with repayments received of £65,160 (2023: £78,100). Debtors includes £35,632 (2023: £17,160) in respect of these transactions at the year end. The loans were made unsecured, interest free and with no agreed repayment terms.

13. Related party disclosures

Creditors include balances totalling £13,168 (2023: £43,293) owed to individuals who were shareholders during the year.