IRIS Accounts Production v24.3.2.46 07392491 Board of Directors 30.6.23 29.6.24 29.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh073924912023-06-29073924912024-06-29073924912023-06-302024-06-29073924912022-06-29073924912022-06-302023-06-29073924912023-06-2907392491ns15:EnglandWales2023-06-302024-06-2907392491ns14:PoundSterling2023-06-302024-06-2907392491ns10:Director12023-06-302024-06-2907392491ns10:PrivateLimitedCompanyLtd2023-06-302024-06-2907392491ns10:SmallEntities2023-06-302024-06-2907392491ns10:AuditExempt-NoAccountantsReport2023-06-302024-06-2907392491ns10:SmallCompaniesRegimeForDirectorsReport2023-06-302024-06-2907392491ns10:SmallCompaniesRegimeForAccounts2023-06-302024-06-2907392491ns10:FullAccounts2023-06-302024-06-2907392491ns10:Director22023-06-302024-06-2907392491ns10:RegisteredOffice2023-06-302024-06-2907392491ns5:CurrentFinancialInstruments2024-06-2907392491ns5:CurrentFinancialInstruments2023-06-2907392491ns5:Non-currentFinancialInstruments2024-06-2907392491ns5:Non-currentFinancialInstruments2023-06-2907392491ns5:ShareCapital2024-06-2907392491ns5:ShareCapital2023-06-2907392491ns5:RetainedEarningsAccumulatedLosses2024-06-2907392491ns5:RetainedEarningsAccumulatedLosses2023-06-2907392491ns5:FurnitureFittings2023-06-302024-06-2907392491ns5:FurnitureFittings2023-06-2907392491ns5:FurnitureFittings2024-06-2907392491ns5:FurnitureFittings2023-06-2907392491ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-2907392491ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-2907392491ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-06-2907392491ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-06-29
REGISTERED NUMBER: 07392491 (England and Wales)
























Unaudited Financial Statements

for the Year Ended 29 June 2024

for

BORTESHIES PROPERTIES LIMITED

BORTESHIES PROPERTIES LIMITED (REGISTERED NUMBER: 07392491)






Contents of the Financial Statements
for the Year Ended 29 June 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


BORTESHIES PROPERTIES LIMITED

Company Information
for the Year Ended 29 June 2024







DIRECTORS: A Georgiou
G Georgiou



REGISTERED OFFICE: 573 Chester Road
Sutton Coldfield
West Midlands
B73 5HU



REGISTERED NUMBER: 07392491 (England and Wales)



ACCOUNTANTS: A K Papadamou & Co
Accountants & Tax Advisors
573 Chester Road
Sutton Coldfield
West Midlands
B73 5HU



BANKERS: Lloyds TSB
1-3 Church Street
Mansfield
Nottinghamshire
NG18 1AF

BORTESHIES PROPERTIES LIMITED (REGISTERED NUMBER: 07392491)

Statement of Financial Position
29 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,929 9,499

CURRENT ASSETS
Stocks 4,611 4,231
Debtors 5 88,813 95,081
Cash at bank and in hand 7,175 1,029
100,599 100,341
CREDITORS
Amounts falling due within one year 6 45,339 34,536
NET CURRENT ASSETS 55,260 65,805
TOTAL ASSETS LESS CURRENT
LIABILITIES

66,189

75,304

CREDITORS
Amounts falling due after more than one
year

7

27,957

32,136
NET ASSETS 38,232 43,168

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 38,132 43,068
SHAREHOLDERS' FUNDS 38,232 43,168

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 June 2024 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.

BORTESHIES PROPERTIES LIMITED (REGISTERED NUMBER: 07392491)

Statement of Financial Position - continued
29 June 2024


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 13 March 2025 and were signed on its behalf by:





A Georgiou - Director


BORTESHIES PROPERTIES LIMITED (REGISTERED NUMBER: 07392491)

Notes to the Financial Statements
for the Year Ended 29 June 2024

1. STATUTORY INFORMATION

Borteshies Properties 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 represents net sales of goods, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% on reducing balance

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

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 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 30 June 2023 20,206
Additions 2,645
At 29 June 2024 22,851
DEPRECIATION
At 30 June 2023 10,707
Charge for year 1,215
At 29 June 2024 11,922
NET BOOK VALUE
At 29 June 2024 10,929
At 29 June 2023 9,499

BORTESHIES PROPERTIES LIMITED (REGISTERED NUMBER: 07392491)

Notes to the Financial Statements - continued
for the Year Ended 29 June 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 88,813 95,081

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 1,037
Trade creditors 7,056 3,621
Social security and other taxes 530 -
VAT 14,164 12,752
Other creditors 1,200 1,200
Directors' current accounts 5,524 7,990
Accrued expenses 16,865 7,936
45,339 34,536

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2-5 years 27,957 32,136

8. ULTIMATE CONTROLLING PARTY

The controlling party is A Georgiou.