Balrog Technology Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11417831

Balrog Technology Limited

Filleted Unaudited Financial Statements

30 June 2025

Balrog Technology Limited

Statement of Financial Position

30 June 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	–	9,585

Current assets

Debtors	6	169,961	674,469
Cash at bank and in hand		64,516	654,191
		----------	-------------
		234,477	1,328,660

Creditors: amounts falling due within one year	7	7,319	390,423
		----------	-------------
Net current assets		227,158	938,237
		----------	----------
Total assets less current liabilities		227,158	947,822
		----------	----------
Net assets		227,158	947,822
		----------	----------

Capital and reserves

Called up share capital	2	2
Capital contribution reserve	76,857	76,857
Profit and loss account	150,299	870,963
	----------	----------
Shareholders funds	227,158	947,822
	----------	----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Balrog Technology Limited

Statement of Financial Position (continued)

30 June 2025

These financial statements were approved by the board of directors and authorised for issue on 24 October 2026 , and are signed on behalf of the board by:

Mr B Mannerings
Director

Company registration number: 11417831

Balrog Technology Limited

Notes to the Financial Statements

Year ended 30 June 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Castle Business Village, Station Road, Hampton, TW12 2BX.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Going concern

The financial statements have been prepared on a basis other than going concern. The company ceased trading on 30 November 2024 during the financial year and the directors do not expect it to recommence trading.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	33% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 10 (2024: 20 ).

5. Tangible assets

	Equipment
	£
Cost
At 1 July 2024	58,730
Disposals	( 58,730)
	---------
At 30 June 2025	–
	---------
Depreciation
At 1 July 2024	49,145
Charge for the year	1,778
Disposals	( 50,923)
	---------
At 30 June 2025	–
	---------
Carrying amount
At 30 June 2025	–
	---------
At 30 June 2024	9,585
	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	–	539,415
Other debtors	169,961	135,054
	----------	----------
	169,961	674,469
	----------	----------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	269	29,409
Social security and other taxes	–	65,054
Other creditors	7,050	295,960
	-------	----------
	7,319	390,423
	-------	----------

8. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	Balance brought forward and outstanding
	2025	2024
	£	£
Mr B Mannerings	1,061	1,061
	-------	-------