Company Registration No. 10592931 (England and Wales)
Borghi Limited
Unaudited accounts
for the year ended 31 January 2024
Borghi Limited
Unaudited accounts
Contents
Borghi Limited
Company Information
for the year ended 31 January 2024
Directors
Ilenia Barchiesi
Andrea Borghi
Company Number
10592931 (England and Wales)
Registered Office
69 CHEAM ROAD
BROADSTONE
BH18 9HB
ENGLAND
Accountants
My Accountancy Hub
Level One, Basecamp Liverpool
49 Jamaica Street
Liverpool
L1 0AH
Borghi Limited
Statement of financial position
as at 31 January 2024
Tangible assets
1,876
2,288
Cash at bank and in hand
6,527
7,922
Creditors: amounts falling due within one year
(626)
(8,867)
Net current assets
13,301
11,555
Called up share capital
1
1
Profit and loss account
15,176
13,842
Shareholders' funds
15,177
13,843
For the year ending 31 January 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 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 31 October 2024 and were signed on its behalf by
Ilenia Barchiesi
Director
Company Registration No. 10592931
Borghi Limited
Notes to the Accounts
for the year ended 31 January 2024
Borghi Limited is a private company, limited by shares, registered in England and Wales, registration number 10592931. The registered office is 69 CHEAM ROAD, BROADSTONE, BH18 9HB, 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.
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:
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
2,210
3,713
5,923
At 31 January 2024
2,210
3,713
5,923
At 1 February 2023
613
3,022
3,635
Charge for the year
240
172
412
At 31 January 2024
853
3,194
4,047
At 31 January 2024
1,357
519
1,876
At 31 January 2023
1,597
691
2,288
Borghi Limited
Notes to the Accounts
for the year ended 31 January 2024
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
16
Taxes and social security
-
(105)
Loans from directors
344
4,649
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).