Balanzi Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 13073095

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		-		841

			-		841
CURRENT ASSETS
Stocks	5	9,291		-
Debtors	6	6,938		20,954
Cash at bank and in hand		34,108		35,413

		50,337		56,367
Creditors: Amounts Falling Due Within One Year	7	(41,236 )		(53,498 )

NET CURRENT ASSETS (LIABILITIES)			9,101		2,869

TOTAL ASSETS LESS CURRENT LIABILITIES			9,101		3,710

PROVISIONS FOR LIABILITIES
Deferred Taxation			-		(160 )

NET ASSETS			9,101		3,550

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			9,099		3,548

SHAREHOLDERS' FUNDS			9,101		3,550

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Balanzi Ltd

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Dejan Tanturovski

Director

08/08/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Balanzi Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13073095 . The registered office is Lytchett House, 13 Freeland Park, Wareham Road, Dorset, BH16 6FA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	Straight line basis over three years.
Computer Equipment	Straight line basis over three years.

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

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 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

2.7. Short term debtors and creditors

Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from

impairment are recognised in the profit and loss account.

2.8. Loans and borrowings

Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they

are measured at amortised cost using the effective interest rate method, less impairment.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

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Balanzi Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2024	1,868	7,496	9,364

As at 31 December 2024	1,868	7,496	9,364

Depreciation
As at 1 January 2024	1,245	7,278	8,523
Provided during the period	623	218	841

As at 31 December 2024	1,868	7,496	9,364

Net Book Value
As at 31 December 2024	-	-	-

As at 1 January 2024	623	218	841

5. Stocks

	2024	2023
	£	£
Finished goods	9,291	-

6. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	6,938	20,954

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	296	586
Other loans	5,165	-
Other creditors	26,449	42,687
Taxation and social security	9,326	10,225

	41,236	53,498

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	2	2

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