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Registration number: 12189047

Balco Global Limited
Annual Report and Unaudited Filleted Abridged Financial Statements
for the Period from 1 September 2024 to 30 April 2025

Balco Global Limited

Contents

Abridged Balance Sheet | 1 to 2
Notes to the Unaudited Abridged Financial Statements | 3 to 7

Balco Global Limited

(Registration number: 12189047)
Abridged Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 19,137 | 20,703
Tangible assets | 5 | 132,735 | 95,856
|  | 151,872 | 116,559
Current assets |  |  |
Stocks |  | 114,434 | 100,359
Debtors |  | 332,148 | 235,791
Cash at bank and in hand |  | 197,296 | 104,543
|  | 643,878 | 440,693
Creditors: Amounts falling due within one year |  | (461,822) | (281,180)
Net current assets |  | 182,056 | 159,513
Total assets less current liabilities |  | 333,928 | 276,072
Creditors: Amounts falling due after more than one year |  | (157,734) | (170,476)
Provisions for liabilities |  | (37,646) | (28,773)
Net assets |  | 138,548 | 76,823
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Profit and loss account |  | 138,448 | 76,723
Total equity |  | 138,548 | 76,823

Balco Global Limited

(Registration number: 12189047)
Abridged Balance Sheet as at 30 April 2025

For the financial period ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

| The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
| The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the Company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 4 September 2025

Mr B Pocock

Director

Balco Global Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 1 September 2024 to 30 April 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales (registered number 12189047).

The address of its registered office is:
Beaufort Building
Bristol Road
Allington
Chippenham
SN14 6NA

These financial statements were authorised for issue by the director on 4 September 2025.

2 | Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Disclosure of long or short period

These financial statements cover the period from 01 September 2024 to 30 April 2025, a period of 8 months. This is a short accounting period due to the company changing its accounting reference date.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when the amount of revenue can be reliably measured, it is probable the future economic benefits will flow into the entity, and specific criteria have been met for each of the company activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Balco Global Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 1 September 2024 to 30 April 2025

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and equipment | 20% reducing balance
Fixtures and fittings | 20% reducing balance
Office equipment | 33% straight line

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Website | 10% Straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Balco Global Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 1 September 2024 to 30 April 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the period, was 9 (2024 - 6).

Balco Global Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 1 September 2024 to 30 April 2025

4 | Intangible assets

| Total £
Cost or valuation
At 1 September 2024 | 23,477
At 30 April 2025 | 23,477
Amortisation
At 1 September 2024 | 2,774
Amortisation charge | 1,566
At 30 April 2025 | 4,340
Carrying amount
At 30 April 2025 | 19,137
At 31 August 2024 | 20,703

5 | Tangible assets

| Total £
Cost or valuation
At 1 September 2024 | 179,597
Additions | 52,827
At 30 April 2025 | 232,424
Depreciation
At 1 September 2024 | 83,741
Charge for the period | 15,948
At 30 April 2025 | 99,689
Carrying amount
At 30 April 2025 | 132,735
At 31 August 2024 | 95,856

6 | Related party transactions

Summary of transactions with other related parties

Within other creditors is a loan from Bridge Contract Solutions Limited for £174,849 (2024 - £128,862) which is a related party under common control.
Within other creditors is a loan from Beaufort Holdings Limited for £8,291 (2024 - £6,359) which is a related party under common control.

Balco Global Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 1 September 2024 to 30 April 2025

7 | Parent and ultimate parent undertaking

The company's immediate parent is Beaufort Holdings Limited, incorporated in England and Wales.
These financial statements are available upon request from Beaufort Building Bristol Road, Allington, Chippenham, England, SN14 6NA