Company Registration No. 13251664 (England and Wales)
Bora Living Limited
Unaudited accounts
for the year ended 31 March 2024
Bora Living Limited
Unaudited accounts
Contents
Bora Living Limited
Company Information
for the year ended 31 March 2024
Director
Ryan Arthur Osborne
Company Number
13251664 (England and Wales)
Registered Office
17 Shepherds Way
Nursling
Southampton
SO16 0TJ
England
Accountants
365 Accounts Ltd
44 Brookwood Road
Southampton
Hampshire
SO16 9AJ
Bora Living Limited
Statement of financial position
as at 31 March 2024
Investment property
321,683
321,683
Cash at bank and in hand
3,111
991
Creditors: amounts falling due within one year
(10,473)
(10,264)
Net current liabilities
(5,996)
(7,907)
Total assets less current liabilities
315,687
313,776
Creditors: amounts falling due after more than one year
(309,259)
(308,184)
Called up share capital
2
2
Profit and loss account
6,426
5,590
Shareholders' funds
6,428
5,592
For the year ending 31 March 2024 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 21 September 2024 and were signed on its behalf by
Ryan Arthur Osborne
Director
Company Registration No. 13251664
Bora Living Limited
Notes to the Accounts
for the year ended 31 March 2024
Bora Living Limited is a private company, limited by shares, registered in England and Wales, registration number 13251664. The registered office is 17 Shepherds Way, Nursling , Southampton, SO16 0TJ, England.
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.
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 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 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.
Fair value at 1 April 2023
321,683
The value of the investment property was measured at fair value of the open market as at the year end date.
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,228
8,228
Taxes and social security
1,507
1,311
Bora Living Limited
Notes to the Accounts
for the year ended 31 March 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
224,470
228,460
Loans from directors
84,789
79,724
During the year the company maintained a loan account with its director Mr Ryan Arthur Osborne. As at the year end date the company owed its director Mr Ryan Arthur Osborne £84,789 (2023 - £79,724).
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).