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Company Registration No. 11940399 (England and Wales)
Borshch Holdings Ltd Unaudited accounts for the year ended 31 January 2025
Borshch Holdings Ltd Unaudited accounts Contents
Page
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Borshch Holdings Ltd Company Information for the year ended 31 January 2025
Directors
Philip Andrew Cox Simon Peter Cox Alicia Barbara Cox
Company Number
11940399 (England and Wales)
Registered Office
Neptune House Upper Trinity Street Birmingham B9 4EG United Kingdom
Accountants
Penns Business Consultants Ltd 288 Penns Lane Sutton Coldfield West Midlands B76 1LG
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Borshch Holdings Ltd Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,885,656 
1,721,979 
Investments
5,000,000 
5,000,000 
6,885,656 
6,721,979 
Current assets
Debtors
3,720 
42,299 
Cash at bank and in hand
1,326,783 
1,244,420 
1,330,503 
1,286,719 
Creditors: amounts falling due within one year
(3,450,797)
(3,344,581)
Net current liabilities
(2,120,294)
(2,057,862)
Net assets
4,765,362 
4,664,117 
Capital and reserves
Called up share capital
2,463,348 
2,463,348 
Profit and loss account
2,302,014 
2,200,769 
Shareholders' funds
4,765,362 
4,664,117 
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 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 18 July 2025 and were signed on its behalf by
Simon Peter Cox Director Company Registration No. 11940399
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Borshch Holdings Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Borshch Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 11940399. The registered office is Neptune House, Upper Trinity Street, Birmingham, B9 4EG, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
2% on cost
Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
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Borshch Holdings Ltd Notes to the Accounts for the year ended 31 January 2025
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 February 2024
1,742,519 
Additions
202,579 
At 31 January 2025
1,945,098 
Depreciation
At 1 February 2024
20,540 
Charge for the year
38,902 
At 31 January 2025
59,442 
Net book value
At 31 January 2025
1,885,656 
At 31 January 2024
1,721,979 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 February 2024
5,000,000 
Valuation at 31 January 2025
5,000,000 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,720 
- 
Amounts due from group undertakings etc.
- 
42,299 
3,720 
42,299 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
- 
258 
Amounts owed to group undertakings and other participating interests
873,684 
889,676 
Taxes and social security
25,236 
12,420 
Other creditors
367,500 
- 
Loans from directors
2,182,877 
2,440,127 
Accruals
1,500 
2,100 
3,450,797 
3,344,581 
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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