BALA 1 LIMITED Filleted accounts for Companies House (small and micro)
BALA 1 LIMITED Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
05525784
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Statement of Financial Position |
2020 |
2019 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
4 |
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Current assets
Cash at bank and in hand |
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Creditors: amounts falling due within one year |
5 |
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-------- |
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Net current assets |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
6 |
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Net assets |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
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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
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
24 March 2021
, and are signed on behalf of the board by:
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Director |
Company registration number:
05525784
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Notes to the Financial Statements |
Year ended 31st December 2020
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Markham Road, Cheshunt, Waltham Cross, Hertfordshire, EN7 6WN.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
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:
Fixtures and fittings |
- |
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4.
Tangible assets
Land and buildings |
Fixtures and fittings |
Total |
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£ |
£ |
£ |
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Cost |
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At 1st January 2020 and 31st December 2020 |
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Depreciation |
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At 1st January 2020 |
– |
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Charge for the year |
– |
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At 31st December 2020 |
– |
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Carrying amount |
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At 31st December 2020 |
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At 31st December 2019 |
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5.
Creditors:
amounts falling due within one year
2020 |
2019 |
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£ |
£ |
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Corporation tax |
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Other creditors |
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------- |
------- |
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------- |
------- |
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6.
Creditors:
amounts falling due after more than one year
2020 |
2019 |
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£ |
£ |
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Bank loans and overdrafts |
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Bank loan of £170,000 is secured by a legal mortgage over the company's property.