Company Registration No. 13507171 (England and Wales)
BORDESLEY VILLAGE DP LTD
Unaudited accounts
for the year ended 31 March 2024
BORDESLEY VILLAGE DP LTD
Statement of financial position
as at 31 March 2024
Intangible assets
888,250
940,500
Tangible assets
37,328
42,770
Cash at bank and in hand
97,644
49,708
Creditors: amounts falling due within one year
(655,513)
(742,946)
Net current liabilities
(506,077)
(646,531)
Total assets less current liabilities
419,501
336,739
Creditors: amounts falling due after more than one year
-
(32,500)
Net assets
419,501
304,239
Called up share capital
100
100
Profit and loss account
419,401
304,139
Shareholders' funds
419,501
304,239
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 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 22 May 2024 and were signed on its behalf by
Shamsul Hussain Khan
Director
Company Registration No. 13507171
BORDESLEY VILLAGE DP LTD
Notes to the Accounts
for the year ended 31 March 2024
BORDESLEY VILLAGE DP LTD is a private company, limited by shares, registered in England and Wales, registration number 13507171. The registered office is 14 TOWPATH CLOSE, BIRMINGHAM, B9 4QA, 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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Amortised over 20 years
4
Intangible fixed assets
Goodwill
At 31 March 2024
1,045,000
Charge for the year
52,250
BORDESLEY VILLAGE DP LTD
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2023
23,722
51,000
74,722
At 31 March 2024
30,722
51,000
81,722
At 1 April 2023
9,640
22,312
31,952
Charge for the year
5,270
7,172
12,442
At 31 March 2024
14,910
29,484
44,394
At 31 March 2024
15,812
21,516
37,328
At 31 March 2023
14,082
28,688
42,770
Amounts falling due within one year
Trade debtors
44,145
36,739
Accrued income and prepayments
-
495
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
8,842
9,096
Taxes and social security
68,452
44,052
Loans from directors
553,562
670,380
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 9 (2023: 13).