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REGISTERED NUMBER: 12700531 (England and Wales)













BORA RESIDENTIAL LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






BORA RESIDENTIAL LIMITED (REGISTERED NUMBER: 12700531)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


BORA RESIDENTIAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mr T M Young
Mrs R F Young





REGISTERED OFFICE: Ty Ffos
Main Avenue
Peterston-Super-Ely
Vale of Glamorgan
CF5 6LQ





REGISTERED NUMBER: 12700531 (England and Wales)





ACCOUNTANTS: Carston ETL
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

BORA RESIDENTIAL LIMITED (REGISTERED NUMBER: 12700531)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2025

2025 2024
Notes £ £ £
FIXED ASSETS
Tangible assets 4 - 642
Investment property 5 829,967 829,967
829,967 830,609

CURRENT ASSETS
Cash at bank 2,358 2,688

CREDITORS
Amounts falling due within one year 6 469,996 493,107
NET CURRENT LIABILITIES (467,638 ) (490,419 )
TOTAL ASSETS LESS CURRENT LIABILITIES 362,329 340,190

CREDITORS
Amounts falling due after more than one year 7 315,876 315,876
NET ASSETS 46,453 24,314

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 46,353 24,214
SHAREHOLDERS' FUNDS 46,453 24,314

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

BORA RESIDENTIAL LIMITED (REGISTERED NUMBER: 12700531)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 May 2025 and were signed on its behalf by:





Mr T M Young - Director


BORA RESIDENTIAL LIMITED (REGISTERED NUMBER: 12700531)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Bora Residential 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 20% straight line on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£
COST
At 1 April 2024
and 31 March 2025 3,208
DEPRECIATION
At 1 April 2024 2,566
Charge for year 642
At 31 March 2025 3,208
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 642

BORA RESIDENTIAL LIMITED (REGISTERED NUMBER: 12700531)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


5. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 April 2024
and 31 March 2025 829,967
NET BOOK VALUE
At 31 March 2025 829,967
At 31 March 2024 829,967

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Taxation and social security 5,663 4,437
Other creditors 464,333 488,670
469,996 493,107

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£ £
Bank loans 315,876 315,876

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £ £
100 Ordinary £1 100 100

9. RELATED PARTY DISCLOSURES

As at the year end Bora Residential Limited owed £463,233 (2024 - £487,600) to a company in which the directors have a controlling interest.