Company Registration No. 13525308 (England and Wales)
BORDERS LTD
Unaudited accounts
for the year ended 31 July 2024
BORDERS LTD
Unaudited accounts
Contents
BORDERS LTD
Statement of financial position
as at 31 July 2024
Tangible assets
85,663
98,486
Cash at bank and in hand
34,518
184,558
Creditors: amounts falling due within one year
(32,043)
(261,650)
Net current assets
335,882
36,017
Net assets
421,545
134,503
Profit and loss account
421,545
134,503
Shareholders' funds
421,545
134,503
For the year ending 31 July 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 April 2025 and were signed on its behalf by
robert dent
Director
Company Registration No. 13525308
BORDERS LTD
Notes to the Accounts
for the year ended 31 July 2024
BORDERS LTD is a private company, limited by shares, registered in England and Wales, registration number 13525308. The registered office is 14 MALTINGS ROAD, GRETTON, CORBY, NN17 3BZ, 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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2023
30,000
99,989
1,325
131,314
Additions
17,000
24,788
-
41,788
Disposals
-
(23,333)
-
(23,333)
At 31 July 2024
47,000
101,444
1,325
149,769
At 1 August 2023
7,500
24,997
331
32,828
Charge for the year
11,750
25,361
-
37,111
On disposals
-
(5,833)
-
(5,833)
At 31 July 2024
19,250
44,525
331
64,106
At 31 July 2024
27,750
56,919
994
85,663
At 31 July 2023
22,500
74,992
994
98,486
BORDERS LTD
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Trade debtors
333,407
113,109
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
(53,264)
118,489
Taxes and social security
-
8,533
Other creditors
2,831
5,038
Loans from directors
8,908
79,624
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Average number of employees
During the year the average number of employees was 0 (2023: 0).