BALA QS38 Ltd

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

Registered number: 16412732

		31 March 2026
	Notes	£	£
FIXED ASSETS
Investment Properties	4		147,368

			147,368
CURRENT ASSETS
Debtors	5	2,554

		2,554
Creditors: Amounts Falling Due Within One Year	6	(148,208 )

NET CURRENT ASSETS (LIABILITIES)			(145,654 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,714

NET ASSETS			1,714

CAPITAL AND RESERVES
Called up share capital	7		2
Profit and Loss Account			1,712

SHAREHOLDERS' FUNDS			1,714

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 QS38 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 16412732 . 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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

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

4. Investment Property

	31 March 2026
	£
Fair Value
As at 25 November 2025	-
Additions	147,368

As at 31 March 2026	147,368

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	31 March 2026
	£
Cost	147,368
Accumulated depreciation and impairment	2,948

Carrying amount	144,420

Investment property has been held at cost. In the opinion of the directors this reflects a fair value at the balance sheet date.

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BALA QS38 Ltd

Notes to the Financial Statements (continued)

For the Period 25 November 2025 to 31 March 2026

5. Debtors

	31 March 2026
	£
Due within one year
Other debtors	2,554

6. Creditors: Amounts Falling Due Within One Year

	31 March 2026
	£
Other creditors	148,208

7. Share Capital

	31 March 2026
	£
Called Up Share Capital not Paid	2

Amount of Allotted, Called Up Share Capital	2

8. Related Party Transactions

During the year the company was owed money by Allen Group Hotels Limited, of which Mr L Allen is a shareholder. The amount outstanding at 31 March 2026 was £2,552. The loan is repayable on demand.

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