Company Registration No. 09368022 (England and Wales)
Well Balanced Limited
Unaudited accounts
for the year ended 31 March 2025
Well Balanced Limited
Unaudited accounts
Contents
Well Balanced Limited
Company Information
for the year ended 31 March 2025
Director
Robert James Glover
Company Number
09368022 (England and Wales)
Registered Office
19a Salisbury Road
Barnet
EN5 4JW
Well Balanced Limited
Statement of financial position
as at 31 March 2025
Investment property
262,000
249,000
Cash at bank and in hand
1,485
1,924
Creditors: amounts falling due within one year
(98,475)
(111,986)
Net current liabilities
(96,440)
(106,717)
Total assets less current liabilities
195,560
186,950
Creditors: amounts falling due after more than one year
(183,175)
(183,175)
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
12,021
3,774
Shareholders' funds
12,022
3,775
For the year ending 31 March 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 September 2025 and were signed on its behalf by
Robert James Glover
Director
Company Registration No. 09368022
Well Balanced Limited
Notes to the Accounts
for the year ended 31 March 2025
Well Balanced Limited is a private company, limited by shares, registered in England and Wales, registration number 09368022. The registered office is 19a Salisbury Road, Barnet, EN5 4JW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains and losses are recognised in the income statement.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Investments in shares and loan notes are included at cost which in the view of the director is not materially different from fair value.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
Fair value at 1 April 2024
249,000
Net gain from fair value adjustments
13,000
Valuations are obtained from an online property portal.
Well Balanced Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Investments
Other investments
Valuation at 1 April 2024
44,667
Fair value adjustments
(14,667)
Valuation at 31 March 2025
30,000
Amounts falling due after more than one year
Accrued income and prepayments
550
458
7
Creditors: amounts falling due within one year
2025
2024
Amounts owed to group undertakings and other participating interests
47,584
54,284
Loans from directors
50,891
57,202
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
183,175
183,175
9
Deferred taxation
2025
2024
Accelerated capital allowances
363
-
Charged to the profit and loss account
363
-
Provision at end of year
363
-
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).