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Company Registration No. 10871836 (England and Wales)
BOROMI LTD Unaudited accounts for the year ended 31 July 2023
BOROMI LTD Unaudited accounts Contents
Page
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BOROMI LTD Company Information for the year ended 31 July 2023
Directors
Eve Keough Harriet Russell
Company Number
10871836 (England and Wales)
Registered Office
71-75 Shelton Street London WC2H 9JQ
Accountants
Multiply Accountancy Limited 71-75 Shelton Street London WC2H 9JQ
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BOROMI LTD Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,579 
3,620 
Current assets
Inventories
12,957 
6,000 
Debtors
6,362 
3,143 
Cash at bank and in hand
17,415 
20,856 
36,734 
29,999 
Creditors: amounts falling due within one year
(35,743)
(24,510)
Net current assets
991 
5,489 
Total assets less current liabilities
4,570 
9,109 
Creditors: amounts falling due after more than one year
(15,000)
(3,888)
Net (liabilities)/assets
(10,430)
5,221 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(10,440)
5,211 
Shareholders' funds
(10,430)
5,221 
For the year ending 31 July 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 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.
The financial statements were approved by the Board of Directors and authorised for issue on 15 April 2024 and were signed on its behalf by
Eve Keough Director Company Registration No. 10871836
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BOROMI LTD Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
BOROMI LTD is a private company, limited by shares, registered in England and Wales, registration number 10871836. The registered office is 71-75 Shelton Street, London, WC2H 9JQ.
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.
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:
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
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.
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2022
3,688 
4,510 
8,198 
Additions
572 
940 
1,512 
At 31 July 2023
4,260 
5,450 
9,710 
Depreciation
At 1 August 2022
2,597 
1,981 
4,578 
Charge for the year
459 
1,094 
1,553 
At 31 July 2023
3,056 
3,075 
6,131 
Net book value
At 31 July 2023
1,204 
2,375 
3,579 
At 31 July 2022
1,091 
2,529 
3,620 
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BOROMI LTD Notes to the Accounts for the year ended 31 July 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
979 
Accrued income and prepayments
4,918 
2,073 
Other debtors
1,444 
91 
6,362 
3,143 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
7,988 
1,489 
VAT
1,420 
329 
Trade creditors
10,697 
- 
Taxes and social security
823 
(4,767)
Other creditors
- 
10,002 
Loans from directors
6,164 
6,664 
Accruals
131 
- 
Deferred income
8,520 
10,793 
35,743 
24,510 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
8,000 
3,888 
Other creditors
7,000 
- 
15,000 
3,888 
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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