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Company Registration No. 06690854 (England and Wales)
Born Communication Limited Unaudited accounts for the year ended 31 March 2023
Born Communication Limited Unaudited accounts Contents
Page
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Born Communication Limited Company Information for the year ended 31 March 2023
Director
Ricky Darren Hill
Company Number
06690854 (England and Wales)
Registered Office
1 Station Road Newport Shropshire TF10 7EW UNITED KINGDOM
Accountants
Sleek Accounting Ltd 107 Kirkgate Leeds West Yorkshire LS1 6DP
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Born Communication Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,198 
4,549 
Current assets
Inventories
32,000 
35,000 
Debtors
45,987 
40,738 
Cash at bank and in hand
376 
32,074 
78,363 
107,812 
Creditors: amounts falling due within one year
(107,318)
(92,074)
Net current (liabilities)/assets
(28,955)
15,738 
Total assets less current liabilities
(21,757)
20,287 
Creditors: amounts falling due after more than one year
(22,406)
(32,380)
Net liabilities
(44,163)
(12,093)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(44,263)
(12,193)
Shareholders' funds
(44,163)
(12,093)
For the year ending 31 March 2023 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 director acknowledges his 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.
The financial statements were approved by the Board and authorised for issue on 15 March 2024 and were signed on its behalf by
Ricky Darren Hill Director Company Registration No. 06690854
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Born Communication Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Born Communication Limited is a private company, limited by shares, registered in England and Wales, registration number 06690854. The registered office is 1 Station Road, Newport, Shropshire, TF10 7EW, UNITED KINGDOM.
2
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.
3
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Computer equipment
20% Straight Line
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Born Communication Limited Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
25,046 
2,014 
27,060 
Additions
- 
4,406 
4,406 
At 31 March 2023
25,046 
6,420 
31,466 
Depreciation
At 1 April 2022
19,850 
2,661 
22,511 
Charge for the year
706 
1,051 
1,757 
At 31 March 2023
20,556 
3,712 
24,268 
Net book value
At 31 March 2023
4,490 
2,708 
7,198 
At 31 March 2022
5,196 
(647)
4,549 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
30,078 
29,083 
Other debtors
15,909 
11,655 
45,987 
40,738 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
9,982 
9,713 
VAT
75,359 
50,638 
Taxes and social security
9,678 
31,108 
Other creditors
12,299 
615 
107,318 
92,074 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
22,406 
32,380 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 6 (2022: 6).
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