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REGISTERED NUMBER: 01365965 (England and Wales)















George Borrow Limited

Unaudited Financial Statements for the Year Ended 30 September 2024






George Borrow Limited (Registered number: 01365965)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


George Borrow Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: The Hon. O Montagu
Mr F Walford Taylor
Mr D G Abernethy
Miss V Tardy-Joubert





SECRETARY: Mr D G Abernethy





REGISTERED OFFICE: 22/23 Hereford Square
London
SW7 4TS





REGISTERED NUMBER: 01365965 (England and Wales)





ACCOUNTANTS: Swindells LLP
Chartered Accountants
Wilson House
48 Brooklyn Road
Seaford
East Sussex
BN25 2DX

George Borrow Limited (Registered number: 01365965)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,743 84

CURRENT ASSETS
Debtors 5 8,927 1,124
Cash at bank and in hand 5,867 13,680
14,794 14,804
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

6

5,977

2,057
NET CURRENT ASSETS 8,817 12,747
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,560

12,831

RESERVES
Retained earnings 7 11,560 12,831
11,560 12,831

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

George Borrow Limited (Registered number: 01365965)

Balance Sheet - continued
30 September 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 June 2025 and were signed on its behalf by:





Mr D G Abernethy - Director


George Borrow Limited (Registered number: 01365965)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

George Borrow Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 revenue, from commercial transactions under which the company supplies services that it is in business to provide and it is recognised when it obtains, through performance under contract, the right to consideration for those services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Plant and machinery - 25% on reducing balance

Taxation
The company is not subject to corporation tax requirements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

George Borrow Limited (Registered number: 01365965)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1 October 2023 1 4,023 4,024
Additions - 3,635 3,635
Disposals - (1,244 ) (1,244 )
At 30 September 2024 1 6,414 6,415
DEPRECIATION
At 1 October 2023 - 3,940 3,940
Charge for year - 913 913
Eliminated on disposal - (1,181 ) (1,181 )
At 30 September 2024 - 3,672 3,672
NET BOOK VALUE
At 30 September 2024 1 2,742 2,743
At 30 September 2023 1 83 84

The company retains the freehold reversion of 22 & 23 Hereford Square, London, SW7 4TS on behalf of the leaseholders, who hold 999 year leases on each of the six flats. This is included in the accounts at a nominal value of £1.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,636 1,124
Other debtors 7,291 -
8,927 1,124

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 5,977 2,057

George Borrow Limited (Registered number: 01365965)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

7. RESERVES


Balance as at
01/10/2023
Surplus for
the year
Balance as at
30/09/2024
£££

The Hon O Montagu2,705(268)2,437
Miss M S Roussel3,197(316)2,880
Ms V Tardy-Joubert2,201(218)1,983
Cutter SRL2,291(227)2,064
Mr F Walford Taylor1,110(109)1,001
Mr D G Abernethy1,327(133)1,194
Total12,831(1,271)11,560

8. LIMITED BY GUARANTEE

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £20 towards the assets of the company in the event of liquidation.