ACCOUNTS - Final Accounts preparation

Registered number: 05037448

BALMCREST HOMES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2025

BALMCREST HOMES LIMITED

REGISTERED NUMBER: 05037448

BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£


Current assets
Debtors: amounts falling due within one year	521		521
Cash at bank and in hand	326		589
	847		1,110
Creditors: amounts falling due within one year	(2,076)		(2,076)
Net current liabilities		(1,229)		(966)
Total assets less current liabilities		(1,229)		(966)

Net liabilities		(1,229)		(966)

Capital and reserves
Called up share capital	100	100
Profit and loss account	(1,329)	(1,066)
	(1,229)	(966)

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BALMCREST HOMES LIMITED

REGISTERED NUMBER: 05037448

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and 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 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.

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 by:

A Allaway

Director

Date: 20 July 2026

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

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BALMCREST HOMES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

Balmcrest Homes Limited is a private company, limited by shares, registered in England and Wales.

	Registered number	05037448

	Registered office address	The Warehouse Wyndham Arcade,
		St Mary Street,
		Cardiff, Wales,
		CF10 1FH

The presentation currency of the financial statements is the Pound Sterling (£).

Monetary amounts in these financial statements are shown to the nearest (£).

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and 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.

The following principal accounting policies have been applied:

2.2

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102. The Financial Reporting Standard applicable in the UK and Republic of Ireland, not to disclose related party transactions with wholly owned subsidiaries within the group.

2.3

Critical accounting judgements and key sources of estimation uncertainty

In preparing the financial statements, the directors have considered the current financial position of the company and likely future cashflows.

The company has recorded a loss in the year and has net current liabilities and net liabilities at the statement of financial position date. The company ceased investing in property during a prior period and therefore the continuation of the company is dependent on the continuing support of its related parties.

The directors have assessed the risks facing the business from the current economic uncertainty and implemented measures to address these risks.

After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adpot the going concern basis in preparing the financial statements.

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BALMCREST HOMES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.4

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.

2.5

Financial instruments

Basic financial assets, which include cash and bank balances, are initially measured at transaction price unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Employees

The Company has no employees other than the directors, who did not receive any remuneration (2024 - £NIL).

Debtors

					2025	2024
					£	£


Deferred tax asset recoverable	521	521
	521	521

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Accruals and deferred income	2,076	2,076
	2,076	2,076

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