Balcomm Ltd - Period Ending 2016-09-30

Registration number: 03693572

Balcomm Ltd

Unaudited Abbreviated Accounts

for the Year Ended 30 September 2016

Ripe LLP
9a Burroughs Gardens
London
NW4 4AU

Balcomm Ltd

Contents

Company Information	1
Abbreviated Balance Sheet	2
Notes to the Abbreviated Accounts	3 to 4

Balcomm Ltd

Company Information

Directors

Mr P Hucker

Mrs A Hucker

Company secretary

Mr M Hucker

Registered office

1A Stoke Gardens
Slough
Berks
SL1 3QB

Accountants

Ripe LLP
9a Burroughs Gardens
London
NW4 4AU

Balcomm Ltd

(Registration number: 03693572)
Abbreviated Balance Sheet as at 30 September 2016

	Note	2016 £	2015 £
Fixed assets
Tangible assets	2	34,767	38,211
Investments	2	887,683	887,683
		922,450	925,894
Current assets
Stocks		11,267	13,465
Debtors		699,668	676,355
Investments		723,759	713,298
Cash at bank and in hand		585,076	349,834
		2,019,770	1,752,952
Creditors: Amounts falling due within one year		(578,960)	(625,944)
Net current assets		1,440,810	1,127,008
Total assets less current liabilities		2,363,260	2,052,902
Provisions for liabilities		(6,584)	(2,464)
Net assets		2,356,676	2,050,438
Capital and reserves
Called up share capital	3	9,619	9,619
Profit and loss account		2,347,057	2,040,819
Shareholders funds		2,356,676	2,050,438

For the year ending 30 September 2016 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 25 January 2017 and signed on its behalf by:

.........................................
Mr P Hucker
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Balcomm Ltd

Notes to the Abbreviated Accounts

Accounting policies

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Asset class	Depreciation method and rate
Fixtures and fittings	25% on reducing balance
Motor vehicles	25% on reducing balance

Work in progress

Work in progress is valued at the lower of cost and net realisable value. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions are payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.

Investments

Fixed and current asset investments are stated at cost less provision for diminution in value.

Fixed assets

	Tangible assets £	Investments £	Total £
Cost
At 1 October 2015	90,501	887,683	978,184
Additions	8,145	-	8,145
At 30 September 2016	98,646	887,683	986,329
Depreciation
At 1 October 2015	52,290	-	52,290
Charge for the year	11,589	-	11,589
At 30 September 2016	63,879	-	63,879
Net book value
At 30 September 2016	34,767	887,683	922,450
At 30 September 2015	38,211	887,683	925,894

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Balcomm Ltd

Notes to the Abbreviated Accounts

	Tangible assets £	Investments £	Total £
Cost
At 1 October 2015	90,501	887,683	978,184
Additions	8,145	-	8,145
At 30 September 2016	98,646	887,683	986,329
Depreciation
At 1 October 2015	52,290	-	52,290
Charge for the year	11,589	-	11,589
At 30 September 2016	63,879	-	63,879
Net book value
At 30 September 2016	34,767	887,683	922,450
At 30 September 2015	38,211	887,683	925,894

Share capital

Allotted, called up and fully paid shares

	2016		2015
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100
Class E Shares of £1 each	9,519	9,519	9,519	9,519
	9,619	9,619	9,619	9,619

Directors' advances, credits and guarantees

Included in other creditors is a balance for the sum of £46,987 (2015:57,390) due to the director, Mr P Hucker.

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