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REGISTERED NUMBER: 08724082 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Bora Health Limited

Bora Health Limited (Registered number: 08724082)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bora Health Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: D Westhead
J Groth





REGISTERED OFFICE: 40 The Looms
Parkgate
Wirral
Merseyside
CH64 6RF





REGISTERED NUMBER: 08724082 (England and Wales)





ACCOUNTANTS: Joanne Stanhope Limited
1 Pye Road
Heswall
Wirral
Merseyside
CH60 0DB

Bora Health Limited (Registered number: 08724082)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 69,727 99,340

CURRENT ASSETS
Stocks 60,230 135,670
Debtors 5 24,376 16,193
Cash at bank and in hand 163,285 104,175
247,891 256,038
CREDITORS
Amounts falling due within one year 6 274,037 245,179
NET CURRENT (LIABILITIES)/ASSETS (26,146 ) 10,859
TOTAL ASSETS LESS CURRENT
LIABILITIES

43,581

110,199

CREDITORS
Amounts falling due after more than one
year

7

30,735

70,820
NET ASSETS 12,846 39,379

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 12,842 39,375
SHAREHOLDERS' FUNDS 12,846 39,379

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

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

The directors acknowledge their 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.

Bora Health Limited (Registered number: 08724082)

Balance Sheet - continued
31 December 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2024 and were signed on its behalf by:





D Westhead - Director


Bora Health Limited (Registered number: 08724082)

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

1. STATUTORY INFORMATION

Bora Health 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.

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 20% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 10 ) .

Bora Health Limited (Registered number: 08724082)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 January 2023
and 31 December 2023 106,480 30,260 4,284 141,024
DEPRECIATION
At 1 January 2023 26,840 11,500 3,344 41,684
Charge for year 19,910 9,240 463 29,613
At 31 December 2023 46,750 20,740 3,807 71,297
NET BOOK VALUE
At 31 December 2023 59,730 9,520 477 69,727
At 31 December 2022 79,640 18,760 940 99,340

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 24,376 16,193

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 81 -
Trade creditors 23,582 54,681
Taxation and social security 191,600 147,887
Other creditors 58,774 42,611
274,037 245,179

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Other creditors 30,735 70,820

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

There are no repayment terms attached to the directors loans and interest is charged at 0%.