Company Registration No. 09376692 (England and Wales)
Balfour Commercial Limited
Unaudited accounts
for the year ended 31 January 2018
Balfour Commercial Limited
Unaudited accounts
Contents
Balfour Commercial Limited
Company Information
for the year ended 31 January 2018
Directors
S Burney
I Hysi
K Singh
Company Number
09376692 (England and Wales)
Registered Office
16 ROCHESTER MEWS
LONDON
NW1 9JB
UNITED KINGDOM
Balfour Commercial Limited
Statement of financial position
as at 31 January 2018
Tangible assets
465,627
465,627
Cash at bank and in hand
7,455
6,957
Creditors: amounts falling due within one year
(210,897)
(196,967)
Net current liabilities
(203,442)
(190,010)
Total assets less current liabilities
262,185
275,617
Creditors: amounts falling due after more than one year
(252,069)
(272,195)
Called up share capital
102
102
Profit and loss account
10,014
3,320
Shareholders' funds
10,116
3,422
For the year ending 31 January 2018 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 28 October 2018.
S Burney
Director
Company Registration No. 09376692
Balfour Commercial Limited
Notes to the Accounts
for the year ended 31 January 2018
Balfour Commercial Limited is a private company, limited by shares, registered in England and Wales, registration number 09376692. The registered office is 16 ROCHESTER MEWS, LONDON, NW1 9JB, UNITED KINGDOM.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Land & buildings
At 1 February 2017
465,627
At 31 January 2018
465,627
At 31 January 2018
465,627
At 31 January 2017
465,627
Balfour Commercial Limited
Notes to the Accounts
for the year ended 31 January 2018
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Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
18,000
16,500
Taxes and social security
1,744
-
Other creditors
2,725
3,110
Loans from directors
188,428
177,357
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Creditors: amounts falling due after more than one year
2018
2017
Bank loans
252,069
272,195
Allotted, called up and fully paid:
102 Ordinary shares of £1 each
102
102
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Average number of employees
During the year the average number of employees was 0 (2017: 0).
