2022-06-01 11999080 2023-05-31 11999080 2022-06-01 2023-05-31 11999080 2022-05-31 11999080 2021-06-01 2022-05-31 11999080 uk-core:WithinOneYear 2022-05-31 11999080 uk-core:WithinOneYear 2023-05-31 11999080 uk-core:AfterOneYear 2022-05-31 11999080 uk-core:AfterOneYear 2023-05-31 11999080 uk-core:ShareCapital 2023-05-31 11999080 uk-core:ShareCapital 2022-05-31 11999080 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 11999080 uk-core:RetainedEarningsAccumulatedLosses 2022-05-31 11999080 uk-bus:Director1 2022-06-01 2023-05-31 11999080 uk-core:FurnitureFittings 2022-06-01 2023-05-31 11999080 uk-core:WithinOneYear 2023-05-31 11999080 uk-core:WithinOneYear 2022-05-31 11999080 uk-core:AfterOneYear uk-core:Secured 2023-05-31 11999080 uk-core:AfterOneYear uk-core:Secured 2022-05-31 iso4217:GBP xbrli:pure 11999080 uk-bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 11999080 uk-bus:FRS102 2022-06-01 2023-05-31 11999080 uk-bus:FilletedAccounts 2022-06-01 2023-05-31 11999080 uk-bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31
Borough (Operations) Ltd
Registered Number:11999080
For the year ended 31 May 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2023
Borough (Operations) Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
11999080
As at 31 May 2023
Borough (Operations) Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
836
-
2
836
-
Current assets
Trade and other receivables
137,110
247,948
3
47
Cash and cash equivalents
195
248,143
137,157
Trade and other payables: amounts falling due within one
year
(100,572)
(228,791)
4
36,585
19,352
Net current assets
Total assets less current liabilities
20,188
36,585
Trade and other payables: amounts falling due after more
than one year
(36,573)
(45,276)
5
(25,088)
Net assets/liabilities
12
Capital and reserves
Called up share capital
100
100
Retained earnings
(25,188)
(88)
(25,088)
12
Shareholders' funds
For the year ended 31 May 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 of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
R Kumar Director
These financial statements were approved and authorised for issue by the Board on 23 August 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 May 2023
Borough (Operations) Ltd
Notes to the Financial Statements
Statutory Information
Borough (Operations) Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 11999080.
Registered address:
4Th Floor
97 Charlotte Street
London
England
W1T 4QA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
15% Straight line
Furniture and Fittings
2. Property, plant and equipment
Furniture and
Fittings
£
Cost or
valuation
983
Additions
At 31 May 2023
983
Provision for depreciation and impairment
Charge for year
147
At 31 May 2023
147
At 31 May 2023
Net book value
836
2 of 3
5
For the year ended 31 May 2023
Borough (Operations) Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2022
2023
£
£
Trade debtors
140,884
-
Other debtors
107,064
137,110
137,110
247,948
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
-
9,498
Trade creditors
147,620
-
Taxation and social security
29,653
-
Other creditors
51,518
91,074
228,791
100,572
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
45,276
36,573
6. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
3 of 3