Bala Impex Limited

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

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Bala Impex Limited

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 05069221

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		360,000		-
Tangible Assets	5		169,036		78,956

			529,036		78,956
CURRENT ASSETS
Stocks	6	121,585		119,840
Debtors	7	447,050		343,890
Cash at bank and in hand		814,684		810,471

		1,383,319		1,274,201
Creditors: Amounts Falling Due Within One Year	8	(481,175 )		(284,094 )

NET CURRENT ASSETS (LIABILITIES)			902,144		990,107

TOTAL ASSETS LESS CURRENT LIABILITIES			1,431,180		1,069,063

Creditors: Amounts Falling Due After More Than One Year	9		(39,653 )		-

NET ASSETS			1,391,527		1,069,063

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			1,391,427		1,068,963

SHAREHOLDERS' FUNDS			1,391,527		1,069,063

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Bala Impex Limited

Balance Sheet (continued)

As At 31 March 2025

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.

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 Kandasamy Kamalanathan

Director

26/09/2025

The notes on pages 4 to 6 form part of these financial statements.

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Bala Impex Limited

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Bala Impex Limited Registered number 05069221 is a limited by shares company incorporated in England & Wales. The Registered Office is STAND 77, Market Pavilion, New Spitafields Market, London, E10 5SL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. 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:

Motor Vehicles	20% @cost
Fixtures & Fittings	20%@cost
Computer Equipment	20%@WDV

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. 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.

2.7. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.8. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 19 (2024: 22)

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Bala Impex Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	-
Additions	360,000

As at 31 March 2025	360,000

Net Book Value
As at 31 March 2025	360,000

As at 1 April 2024	-

5. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	97,992	31,630	10,853	140,475
Additions	49,517	66,799	-	116,316

As at 31 March 2025	147,509	98,429	10,853	256,791

Depreciation
As at 1 April 2024	47,790	8,008	5,721	61,519
Provided during the period	9,036	16,276	924	26,236

As at 31 March 2025	56,826	24,284	6,645	87,755

Net Book Value
As at 31 March 2025	90,683	74,145	4,208	169,036

As at 1 April 2024	50,202	23,622	5,132	78,956

6. Stocks

	2025	2024
	£	£
Materials	121,585	119,840

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	408,053	337,458
Other debtors	28,754	-
VAT	10,243	6,432

	447,050	343,890

Rent Deposits £28754

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Bala Impex Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	345,577	195,851
Corporation tax	111,759	53,092
Other taxes and social security	2,136	-
Other creditors	12,241	34,225
Director's loan account	9,462	926

	481,175	284,094

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	39,653	-

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Later than one year and not later than five years	39,653	-

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

12. Directors Advances, Credits and Guarantees

Dividends paid to directors

	2025	2024
	£	£
Mr Kandasamy Kamalanathan	20,000	20,000
Mrs Pathmavathy Balsubramniam	-	20,000

13. Ultimate Controlling Party

The company's ultimate controlling party is by virtue of his ownership of 100% of the issued share capital in the company.

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Director	Mr Kandasamy Kamalanathan

Company Number	05069221

Registered Office	STAND 77
	Market Pavilion
	New Spitafields Market
	London
	E10 5SL

Business	STAND 77 MARKET PAVILON
	NEW SPITALFIELDS MARKET
	LONDON
	E10 5SL

Accountants	Tamsons Accounting & Tax Consultancy Ltd
	Financial Accountants'
	53-55 College Road
	Bromley
	Kent
	BR1 3QG