1 January 2024 false No description of principal activity Taxfiler 2024.6 12073243business:PrivateLimitedCompanyLtd2024-01-012024-12-31 120732432023-12-31 120732432024-01-012024-12-31 12073243business:AuditExemptWithAccountantsReport2024-01-012024-12-31 12073243business:FilletedAccounts2024-01-012024-12-31 120732432024-12-31 12073243business:Director12024-01-012024-12-31 12073243business:RegisteredOffice2024-01-012024-12-31 120732432023-12-31 12073243core:WithinOneYear2024-12-31 12073243core:WithinOneYear2023-12-31 12073243core:AfterOneYear2024-12-31 12073243core:AfterOneYear2023-12-31 12073243core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 12073243core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 12073243core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 12073243core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 12073243core:PreviouslyStatedAmount2024-12-31 12073243core:PreviouslyStatedAmount2023-12-31 12073243business:SmallEntities2024-01-012024-12-31 12073243countries:EnglandWales2024-01-012024-12-31 12073243core:Goodwill2023-12-31 12073243core:Goodwill2024-12-31 12073243core:Goodwill2024-01-012024-12-31 12073243core:FurnitureFittings2023-12-31 12073243core:FurnitureFittings2024-12-31 12073243core:FurnitureFittings2024-01-012024-12-31 120732432023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 12073243 (England and Wales)
K.BALA LTD Unaudited accounts for the year ended 31 December 2024
K.BALA LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
K.BALA LTD Company Information for the year ended 31 December 2024
Director
Balasingam Kirubaharan
Company Number
12073243 (England and Wales)
Registered Office
59 HIGH STREET STEVENAGE SG1 3AQ UNITED KINGDOM
Accountants
IRTS Business Solutions Limited 209 The Heights Northolt Middlesex UB5 4BX
- 3 -
K.BALA LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
30,780 
34,020 
Tangible assets
5
25,576 
31,970 
56,356 
65,990 
Current assets
Inventories
7,520 
8,215 
Debtors
6
6,006 
19,454 
Cash at bank and in hand
71,946 
43,679 
85,472 
71,348 
Creditors: amounts falling due within one year
7
(73,126)
(66,048)
Net current assets
12,346 
5,300 
Total assets less current liabilities
68,702 
71,290 
Creditors: amounts falling due after more than one year
8
(34,226)
(40,603)
Net assets
34,476 
30,687 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
34,376 
30,587 
Shareholders' funds
34,476 
30,687 
For the year ending 31 December 2024 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 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 and authorised for issue on 31 December 2025 and were signed on its behalf by
Balasingam Kirubaharan Director Company Registration No. 12073243
- 4 -
K.BALA LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
K.BALA LTD is a private company, limited by shares, registered in England and Wales, registration number 12073243. The registered office is 59 HIGH STREET, STEVENAGE, SG1 3AQ, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
48,600 
At 31 December 2024
48,600 
Amortisation
At 1 January 2024
14,580 
Charge for the year
3,240 
At 31 December 2024
17,820 
Net book value
At 31 December 2024
30,780 
At 31 December 2023
34,020 
- 5 -
K.BALA LTD Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 January 2024
52,860 
At 31 December 2024
52,860 
Depreciation
At 1 January 2024
20,890 
Charge for the year
6,394 
At 31 December 2024
27,284 
Net book value
At 31 December 2024
25,576 
At 31 December 2023
31,970 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,006 
4,894 
Accrued income and prepayments
- 
14,560 
6,006 
19,454 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
25,610 
16,132 
Taxes and social security
34,976 
7,925 
Other creditors
8,940 
35,278 
Accruals
3,600 
6,713 
73,126 
66,048 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
34,226 
40,603 
9
Average number of employees
During the year the average number of employees was 6 (2023: 8).
- 6 -