BALA Asset Management Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 16149981

		31 March 2026
	Notes	£	£
CURRENT ASSETS
Stocks	4	315,384
Debtors	5	2,386
Cash at bank and in hand		14,110

		331,880
Creditors: Amounts Falling Due Within One Year	6	(336,309 )

NET CURRENT ASSETS (LIABILITIES)			(4,429 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(4,429 )

NET LIABILITIES			(4,429 )

CAPITAL AND RESERVES
Called up share capital	7		2
Profit and Loss Account			(4,431 )

SHAREHOLDERS' FUNDS			(4,429)

For the period ending 31 March 2026 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr N H Allen Director	Mr L N Allen Director	Mr B W Allen Director
27 May 2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

BALA Asset Management Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 16149981 . The registered office is Rowan House, 7 West Bank, Scarborough, North Yorkshire, YO12 4DX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The company's liabilities exceeded the company's assets at the balance sheet date. The directors will continue to provide financial support to the company if required and therefore the accounts have been prepared on the going concern basis.

2.3. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the period was: NIL

4. Stocks

	31 March 2026
	£
Stock	315,384

5. Debtors

	31 March 2026
	£
Due within one year
Other debtors	2,386

6. Creditors: Amounts Falling Due Within One Year

	31 March 2026
	£
Trade creditors	11,344
Other creditors	324,965

	336,309

7. Share Capital

	31 March 2026
	£
Allotted, Called up and fully paid	2

Page 2

Page 3

BALA Asset Management Ltd

Notes to the Financial Statements (continued)

For the Period 23 December 2024 to 31 March 2026

8. Related Party Transactions

During the year the company owed money to Allen Group Hotels Limited, of which Mr L Allen and Mr N Allen are shareholders. The amount outstanding at 31 March 2026 was £238,746. The loan is repayable on demand.

During the year the company owed money to Weston Hotel Ltd, of which Mr L Allen and Mr N Allen are directors. The amount outstanding at 31 March 2026 was £15,000. The loan is repayable on demand.

Page 3