REGISTERED NUMBER: 09495993

Financial Statements for the Year Ended 31st March 2025

for

Ballingdon Capital Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs N J Banks

A R L Banks

REGISTERED OFFICE:

Bentons

Wattisham Road

Bildeston

Suffolk

IP7 7JR

REGISTERED NUMBER:

09495993

ACCOUNTANTS:

Spriggs & Co Limited

Chartered Certified Accountants

300 High Road

Whaplode

Spalding

Lincolnshire

PE12 6TG

FIXED ASSETS

Tangible assets

3

606,516

624,105

Investments

4

18,360

18,360

624,876

642,465

CURRENT ASSETS

Debtors

5

62,511

1,137

Land entitlements

6

2,176

2,176

Cash at bank

2,549

10,422

67,236

13,735

CREDITORS

Amounts falling due within one year

7

583,595

566,457

NET CURRENT LIABILITIES

(516,359

)

(552,722

)

TOTAL ASSETS LESS CURRENT LIABILITIES

108,517

89,743

PROVISIONS FOR LIABILITIES

22,991

23,961

NET ASSETS

85,526

65,782

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

84,526

64,782

SHAREHOLDERS' FUNDS

85,526

65,782

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 8th December 2025 and were signed on its behalf by:

A R L Banks - Director

Mrs N J Banks - Director

1.	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.

Land and buildings

-

not provided

Plant and machinery etc

-

20% on reducing balance

Investments in associates

Investments in associate undertakings are recognised at cost.

Taxation

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

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 or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

3.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st April 2024

536,315

286,931

823,246

Additions

-

19,585

19,585

Disposals

-

(4,000

)

(4,000

)

At 31st March 2025

536,315

302,516

838,831

DEPRECIATION

At 1st April 2024

57,294

141,847

199,141

Charge for year

15,457

19,669

35,126

Eliminated on disposal

-

(1,952

)

(1,952

)

At 31st March 2025

72,751

159,564

232,315

NET BOOK VALUE

At 31st March 2025

463,564

142,952

606,516

At 31st March 2024

479,021

145,084

624,105

Included in cost of land and buildings is freehold land of £ 180,572 (2024 - £ 180,572 ) which is not depreciated.

4.	FIXED ASSET INVESTMENTS

Interest

in

Other

associates

investments

Totals

£

£

£

COST

At 1st April 2024

and 31st March 2025

18,300

60

18,360

NET BOOK VALUE

At 31st March 2025

18,300

60

18,360

At 31st March 2024

18,300

60

18,360

1 The company holds 1 ordinary share in Camgrain Limited and 1 ordinary share in Camgrain Stores Limited.

2. The company also holds 10000 B ordinary shares in its associated company Discount Leisure Products Limited..

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

698

-

Other debtors

61,813

1,137

62,511

1,137

6.	CURRENT ASSET INVESTMENTS

31.3.25

31.3.24

£

£

Land entitlements

2,176

2,176

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

1,324

1,062

Taxation and social security

14,405

1,926

Other creditors

567,866

563,469

583,595

566,457