ACCOUNTS - Final Accounts preparation

Creditors: Amounts falling due within one year

Registered number: 11182685

BALLARD OFFSHORE PROPERTIES LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2025

BALLARD OFFSHORE PROPERTIES LTD

REGISTERED NUMBER: 11182685

BALANCE SHEET

AS AT 28 FEBRUARY 2025

	28 February	29 February
	2025	2024
Note	£	£


Current assets
Debtors: amounts falling due within one year	4	2,800		2,800
		2,800		2,800
Creditors: amounts falling due within one year	5	(1,800)		(1,800)
Net current assets			1,000		1,000
Total assets less current liabilities			1,000		1,000

Net assets			1,000		1,000

Capital and reserves
Called up share capital	6	1,000	1,000
		1,000	1,000

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BALLARD OFFSHORE PROPERTIES LTD

REGISTERED NUMBER: 11182685

BALANCE SHEET (CONTINUED)

AS AT 28 FEBRUARY 2025

For the year ended 28 February 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 October 2025.

A P Ballard

Director

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

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BALLARD OFFSHORE PROPERTIES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

1.	General information

The Company is a private company, limited by shares, incorporated and domiciled in England within the United Kingdom, registration number 1182685. The Company's registered office is Conrah Country House, Chancery, Aberystwyth, SY23 4DF.
The company has been dormant throughout the year.
The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

2.2

Going concern

The accounts have been prepared on a going concern basis.

2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.5

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

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BALLARD OFFSHORE PROPERTIES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

Debtors

					28 February	29 February
					2025	2024
					£	£


Other debtors	2,800	2,800
	2,800	2,800

Accruals and deferred income	1,800	1,800
	1,800	1,800

Allotted, called up and fully paid

1,000 (2024 - 1,000) Ordinary shares of £1.00 each	1,000	1,000

7.	Related party transactions
	Amounts outstanding and due from the director at 28 February 2025 was £2,800 (2024 - £2,800). Loans are interest free and repayable on demand.

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