| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 December 2024 |
| for |
| Ballard Holdings Ltd |
| REGISTERED NUMBER: |
| 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 |
| Investments | 5 |
| Investment property | 6 |
| Current assets |
| Debtors | 7 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 8 |
| Net current assets/(liabilities) | ( |
) |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year |
9 |
( |
) |
( |
) |
| Provisions for liabilities | ( |
) | ( |
) |
| Net assets |
| Ballard Holdings Ltd (Registered number: 07886724) |
| Balance Sheet - continued |
| 31 December 2024 |
| 2024 | 2023 |
| Notes | £ | £ | £ | £ |
| Capital and reserves |
| Called up share capital | 10 |
| Fair value reserve | 11 |
| Retained earnings |
| 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 were approved by the director and authorised for issue on |
| 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 |
| Registered number: |
| Registered office: |
| 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 |
| 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 |
| Fixtures and fittings | - |
| 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 |
| Depreciation |
| At 1 January 2024 |
| Charge for year |
| At 31 December 2024 |
| Net book value |
| At 31 December 2024 |
| At 31 December 2023 |
| 5. | Fixed asset investments |
| Shares in |
| group |
| undertakings |
| £ |
| Cost |
| At 1 January 2024 |
| and 31 December 2024 |
| Net book value |
| At 31 December 2024 |
| At 31 December 2023 |
| 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 |
| Net book value |
| At 31 December 2024 |
| At 31 December 2023 |
| 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 |
| Other debtors |
| 8. | Creditors: amounts falling due within one year |
| 2024 | 2023 |
| £ | £ |
| Bank loans and overdrafts |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| 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 |
| 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 |
| 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. |