REGISTERED NUMBER: SC294507 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

8Ball Enterprises Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

E M Mills

REGISTERED OFFICE:

33 Melbost

Point

Isle of Lewis

HS2 0BG

REGISTERED NUMBER:

SC294507 (Scotland)

ACCOUNTANTS:

Briants Limited

Maritime House

Discovery Quay

Falmouth

Cornwall

TR11 3XA

FIXED ASSETS

Tangible assets

4

324,472

1,206

CURRENT ASSETS

Stocks

5,000

5,000

Cash at bank

17,194

373,107

22,194

378,107

CREDITORS

Amounts falling due within one year

5

2,302

21,219

NET CURRENT ASSETS

19,892

356,888

TOTAL ASSETS LESS CURRENT LIABILITIES

344,364

358,094

PROVISIONS FOR LIABILITIES

154

229

NET ASSETS

344,210

357,865

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

344,209

357,864

SHAREHOLDERS' FUNDS

344,210

357,865

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2025 and were signed by:

E M Mills - Director

1.	STATUTORY INFORMATION

8Ball Enterprises Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

-

4,353

4,353

Additions

323,664

-

323,664

At 31 December 2024

323,664

4,353

328,017

DEPRECIATION

At 1 January 2024

-

3,147

3,147

Charge for year

-

398

398

At 31 December 2024

-

3,545

3,545

NET BOOK VALUE

At 31 December 2024

323,664

808

324,472

At 31 December 2023

-

1,206

1,206

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

157

19,613

Other creditors

2,145

1,606

2,302

21,219

6.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

E M Mills

Balance outstanding at start of year

(85

)

(21,998

)

Amounts advanced

85

98,778

Amounts repaid

-

(76,865

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

(85

)

Interest is charged on all amount over £10,000 at a rate of 2.25%

7.	ULTIMATE CONTROLLING PARTY

The controlling party is E M Mills.