Borahurst Trustee Company Limited
Unaudited Financial Statements
For the period ended 30 September 2024
Pages for Filing with Registrar
Company Registration No. 15138354 (England and Wales)
Borahurst Trustee Company Limited
Contents
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 4
Borahurst Trustee Company Limited
Balance Sheet
As at 30 September 2024
Page 1
2024
Notes
£
£
Current assets
Cash at bank and in hand
17
Creditors: amounts falling due within one year
3
(16)
Net current assets
1
Capital and reserves
Called up share capital
4
1
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial period ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 9 June 2025 and are signed on its behalf by:
D A Jee
Director
Company Registration No. 15138354
Borahurst Trustee Company Limited
Statement of Changes in Equity
For the period ended 30 September 2024
Page 2
Share capital
Notes
£
Balance at 14 September 2023
Period ended 30 September 2024:
Profit and total comprehensive income for the period
-
Issue of share capital
4
1
Balance at 30 September 2024
1
Borahurst Trustee Company Limited
Notes to the Financial Statements
For the period ended 30 September 2024
Page 3
1
Accounting policies
Company information
Borahurst Trustee Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is Foundation House, 42-48 London Road, Reigate, Surrey, United Kingdom, RH2 9QQ.
1.1
Reporting period
The financial statements cover the 12 and a half month period from incorporation to the first statutory year end of 30 September 2024.
1.2
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.3
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.4
Financial instruments
The company has only basic financial instruments at amortised cost, with no financial instruments classified as other or basic instruments measured at fair value.
1.5
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
2
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2024
Number
Total
Borahurst Trustee Company Limited
Notes to the Financial Statements (Continued)
For the period ended 30 September 2024
Page 4
3
Creditors: amounts falling due within one year
2024
£
Amounts owed to group undertakings
16
4
Called up share capital
2024
2024
Ordinary share capital
Number
£
Issued and fully paid
Ordinary of £1 each
1
1
On 14 September 2023, the company was incorporated and 1 Ordinary share of £1 was allotted at par.