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Company Registration No. 11870369 (England and Wales)
Borland Property Ltd Unaudited accounts for the year ended 31 March 2024
Borland Property Ltd Unaudited accounts Contents
Page
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Borland Property Ltd Company Information for the year ended 31 March 2024
Director
Christopher Moore
Company Number
11870369 (England and Wales)
Registered Office
35 Berkley Square Berkley Suite Mayfair London W1J5BF United Kingdom
Accountants
McCreath Accountancy Phoenix House Phoenix Business Park Paisley Renfrewshire PA1 2BH
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Borland Property Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,896 
3,727 
Current assets
Debtors
10,872 
67,930 
Cash at bank and in hand
8,846 
22,472 
19,718 
90,402 
Creditors: amounts falling due within one year
(36,032)
(72,961)
Net current (liabilities)/assets
(16,314)
17,441 
Total assets less current liabilities
(13,418)
21,168 
Creditors: amounts falling due after more than one year
(21,318)
(19,096)
Provisions for liabilities
Deferred tax
(708)
(708)
Net (liabilities)/assets
(35,444)
1,364 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(35,445)
1,363 
Shareholders' funds
(35,444)
1,364 
For the year ending 31 March 2024 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.
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 30 July 2024 and were signed on its behalf by
Christopher Moore Director Company Registration No. 11870369
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Borland Property Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Borland Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 11870369. The registered office is 35 Berkley Square, Berkley Suite, Mayfair, London, W1J5BF, 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:
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
8,460 
- 
8,460 
Additions
- 
615 
615 
At 31 March 2024
8,460 
615 
9,075 
Depreciation
At 1 April 2023
4,733 
- 
4,733 
Charge for the year
1,242 
204 
1,446 
At 31 March 2024
5,975 
204 
6,179 
Net book value
At 31 March 2024
2,485 
411 
2,896 
At 31 March 2023
3,727 
- 
3,727 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
8,800 
- 
Amounts due from group undertakings etc.
2,072 
67,930 
10,872 
67,930 
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Borland Property Ltd Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
35,031 
Trade creditors
2,477 
1,574 
Amounts owed to group undertakings and other participating interests
33,555 
16,814 
Taxes and social security
- 
14,640 
Other creditors
- 
4,902 
36,032 
72,961 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
21,318 
19,096 
8
Average number of employees
During the year the average number of employees was 0 (2023: 2).
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