Company Registration No. 07753183 (England and Wales)
Balio & Xanto Ltd
Unaudited accounts
for the year ended 31 August 2025
Balio & Xanto Ltd
Unaudited accounts
Contents
Balio & Xanto Ltd
Company Information
for the year ended 31 August 2025
Directors
Mr Claudio Palermo
Claudio Palermo
Company Number
07753183 (England and Wales)
Registered Office
Flat 48 - Fairview Apartments
122 Chrisp Street
London
E14 6ET
Accountants
Brennocks
Lyneholm
Roweltown
Carlisle
Cumbria
CA6 6LH
Balio & Xanto Ltd
Statement of financial position
as at 31 August 2025
Tangible assets
398,998
398,998
Cash at bank and in hand
59,607
54,811
Creditors: amounts falling due within one year
(1,800)
(1,800)
Net current assets
57,807
53,011
Total assets less current liabilities
456,805
452,009
Creditors: amounts falling due after more than one year
-
(3,500)
Net assets
456,805
448,509
Called up share capital
(10)
(10)
Profit and loss account
456,815
448,519
Shareholders' funds
456,805
448,509
For the year ending 31 August 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 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 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 of Directors and authorised for issue on 28 October 2025 and were signed on its behalf by
Mr Claudio Palermo
Director
Company Registration No. 07753183
Balio & Xanto Ltd
Notes to the Accounts
for the year ended 31 August 2025
Balio & Xanto Ltd is a private company, limited by shares, registered in England and Wales, registration number 07753183. The registered office is Flat 48 - Fairview Apartments, 122 Chrisp Street, London, E14 6ET.
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 have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
At 1 September 2024
398,998
5
Creditors: amounts falling due within one year
2025
2024
Trade creditors
1,800
1,800
6
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
-
3,500
Balio & Xanto Ltd
Notes to the Accounts
for the year ended 31 August 2025
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).