IRIS Accounts Production v23.4.0.336 03830213 director 1.11.22 31.10.23 31.10.23 0 0 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh038302132022-10-31038302132023-10-31038302132022-11-012023-10-31038302132021-10-31038302132021-11-012022-10-31038302132022-10-3103830213ns15:EnglandWales2022-11-012023-10-3103830213ns14:PoundSterling2022-11-012023-10-3103830213ns10:Director12022-11-012023-10-3103830213ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3103830213ns10:SmallEntities2022-11-012023-10-3103830213ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3103830213ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3103830213ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3103830213ns10:FullAccounts2022-11-012023-10-310383021312022-11-012023-10-3103830213ns10:RegisteredOffice2022-11-012023-10-3103830213ns5:CurrentFinancialInstruments2023-10-3103830213ns5:CurrentFinancialInstruments2022-10-3103830213ns5:ShareCapital2023-10-3103830213ns5:ShareCapital2022-10-3103830213ns5:RetainedEarningsAccumulatedLosses2023-10-3103830213ns5:RetainedEarningsAccumulatedLosses2022-10-3103830213ns5:NetGoodwill2022-11-012023-10-3103830213ns5:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3103830213ns5:PlantMachinery2022-11-012023-10-3103830213ns5:ComputerEquipment2022-11-012023-10-3103830213ns5:NetGoodwill2022-10-3103830213ns5:NetGoodwill2023-10-3103830213ns5:NetGoodwill2022-10-3103830213ns5:LeaseholdImprovements2022-10-3103830213ns5:PlantMachinery2022-10-3103830213ns5:ComputerEquipment2022-10-3103830213ns5:LeaseholdImprovements2022-11-012023-10-3103830213ns5:LeaseholdImprovements2023-10-3103830213ns5:PlantMachinery2023-10-3103830213ns5:ComputerEquipment2023-10-3103830213ns5:LeaseholdImprovements2022-10-3103830213ns5:PlantMachinery2022-10-3103830213ns5:ComputerEquipment2022-10-3103830213ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3103830213ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-31
REGISTERED NUMBER: 03830213 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Border Counties Reclamation Limited

Border Counties Reclamation Limited (Registered number: 03830213)

Contents of the Financial Statements
for the Year Ended 31 October 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Border Counties Reclamation Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: Mrs M R Swain





REGISTERED OFFICE: Cross Chambers
High Street
Newtown
Powys
SY16 2NY





REGISTERED NUMBER: 03830213 (England and Wales)





ACCOUNTANTS: Morgan Griffiths LLP
Chartered Accountants
Cross Chambers
9 High Street
Newtown
Powys
SY16 2NY

Border Counties Reclamation Limited (Registered number: 03830213)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 119,249 119,330
119,249 119,330

CURRENT ASSETS
Debtors 7 30 30
Cash at bank 556 427
586 457
CREDITORS
Amounts falling due within one year 8 5,223 4,444
NET CURRENT LIABILITIES (4,637 ) (3,987 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

114,612

115,343

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 114,610 115,341
SHAREHOLDERS' FUNDS 114,612 115,343

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 March 2024 and were signed by:



Mrs M R Swain - Director


Border Counties Reclamation Limited (Registered number: 03830213)

Notes to the Financial Statements
for the Year Ended 31 October 2023


1. STATUTORY INFORMATION

Border Counties Reclamation Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Changes in accounting policies
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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business, is being written off evenly over its estimated useful life of twenty years.


Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on cost
Computer equipment - 15% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Border Counties Reclamation Limited (Registered number: 03830213)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023


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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 8,305
AMORTISATION
At 1 November 2022
and 31 October 2023 8,305
NET BOOK VALUE
At 31 October 2023 -
At 31 October 2022 -

6. TANGIBLE FIXED ASSETS
Improvements
to Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1 November 2022
and 31 October 2023 119,196 79,414 1,686 200,296
DEPRECIATION
At 1 November 2022 - 79,280 1,686 80,966
Charge for year - 81 - 81
At 31 October 2023 - 79,361 1,686 81,047
NET BOOK VALUE
At 31 October 2023 119,196 53 - 119,249
At 31 October 2022 119,196 134 - 119,330

Border Counties Reclamation Limited (Registered number: 03830213)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Other debtors 30 30

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 779 600
Other creditors 4,444 3,844
5,223 4,444

9. RELATED PARTY DISCLOSURES

The company is under the control of Mrs M R Swain the sole director.