Company Registration No. SC754813 (Scotland)
Borders Competitions Ltd
Unaudited accounts
for the year ended 31 January 2025
Borders Competitions Ltd
Unaudited accounts
Contents
Borders Competitions Ltd
Company Information
for the year ended 31 January 2025
Company Number
SC754813 (Scotland)
Registered Office
Graham Reid Accountancy
Industrial Estate
Coldingham Road
Eyemouth
Berwickshire
TD14 5AN
Scotland
Accountants
Graham Reid Accountancy
Industrial Estate
Coldingham Road
Eyemouth
TD14 5AN
Borders Competitions Ltd
Statement of financial position
as at 31 January 2025
Tangible assets
438,378
59,191
Inventories
160,000
53,500
Cash at bank and in hand
534,436
203,026
Creditors: amounts falling due within one year
(288,816)
(122,544)
Net current assets
645,620
133,982
Total assets less current liabilities
1,083,998
193,173
Creditors: amounts falling due after more than one year
(123,550)
-
Provisions for liabilities
Net assets
895,139
193,173
Profit and loss account
895,139
193,173
Shareholders' funds
895,139
193,173
For the year ending 31 January 2025 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 8 July 2025 and were signed on its behalf by
Jack Crowe
Director
Company Registration No. SC754813
Borders Competitions Ltd
Notes to the Accounts
for the year ended 31 January 2025
Borders Competitions Ltd is a private company, limited by shares, registered in Scotland, registration number SC754813. The registered office is Graham Reid Accountancy, Industrial Estate, Coldingham Road, Eyemouth, Berwickshire, TD14 5AN, Scotland.
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 on a reducing balance basis.
4
Tangible fixed assets
Total
At 31 January 2025
451,092
Charge for the year
12,305
At 31 January 2025
438,378
Borders Competitions Ltd
Notes to the Accounts
for the year ended 31 January 2025
5
Deferred taxation
2025
2024
Accelerated capital allowances
65,309
-
Charged to the profit and loss account
65,309
-
Provision at end of year
65,309
-
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).
7
Reconciliations on adoption of FRS 102