Company No: 13461252 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Cora Binchy
	Jacqueline Helen Cheshire
	Ian Christopher Crosby
	Anton Sternberg

REGISTERED OFFICE	22 Chancery Lane
	London
	WC2A 1LS
	United Kingdom

COMPANY NUMBER

13461252 (England and Wales)

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	33,130		47,558
		33,130		47,558
Current assets
Debtors	4	2,115,134		1,017,738
Cash at bank and in hand		141,689		137,657
		2,256,823		1,155,395
Creditors: amounts falling due within one year	5	( 2,137,977)		( 1,110,707)
Net current assets		118,846		44,688
Total assets less current liabilities		151,976		92,246
Net assets		151,976		92,246
Capital and reserves
Called-up share capital		1		1
Profit and loss account		151,975		92,245
Total shareholder's funds		151,976		92,246

For the financial year ending 05 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Balgrove Limited (registered number: 13461252) were approved and authorised for issue by the Board of Directors on 05 January 2026. They were signed on its behalf by:

Cora Binchy Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Balgrove Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 22 Chancery Lane, London, WC2A 1LS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

The company provides household services as employers of domestic personnel. Turnover is recognised in the accounting period in which services are provided at fair value of the consideration received when the outcome of the contract can be estimated reliably, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the company during the year, including directors	29		20

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 06 April 2024	72,138		72,138
At 05 April 2025	72,138		72,138
Accumulated depreciation
At 06 April 2024	24,580		24,580
Charge for the financial year	14,428		14,428
At 05 April 2025	39,008		39,008
Net book value
At 05 April 2025	33,130		33,130
At 05 April 2024	47,558		47,558

4. Debtors

	2025		2024
	£		£
Other debtors	2,115,134		1,017,738

Other debtors have been determined by the directors of the Company to be fully recoverable.

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	886,448		258,065
Amounts owed to parent undertakings (note 6)	153,493		174,619
Taxation and social security	149,546		117,545
Other creditors	948,490		560,478
	2,137,977		1,110,707

6. Related party transactions

Other related party transactions

	2025		2024
	£		£
Cayton Park Limited	153,493		174,619

Cayton Park Limited (the 'parent') owns 100% of the ordinary shares of the company. At the balance sheet date, the parent has advanced loans of £153,493 (2024 - £174,619). The balance is interest free and repayable on demand.