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Company Registration No. 10592931 (England and Wales)
Borghi Limited Unaudited accounts for the year ended 31 January 2024
Borghi Limited Unaudited accounts Contents
Page
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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
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Borghi Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,876 
2,288 
Current assets
Inventories
7,400 
12,500 
Cash at bank and in hand
6,527 
7,922 
13,927 
20,422 
Creditors: amounts falling due within one year
(626)
(8,867)
Net current assets
13,301 
11,555 
Net assets
15,177 
13,843 
Capital and reserves
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
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Borghi Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
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.
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:
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 
Depreciation
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 
Net book value
At 31 January 2024
1,357 
519 
1,876 
At 31 January 2023
1,597 
691 
2,288 
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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 
VAT
- 
764 
Trade creditors
- 
573 
Taxes and social security
- 
(105)
Other creditors
282 
2,970 
Loans from directors
344 
4,649 
626 
8,867 
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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