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REGISTERED NUMBER: SC732321 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Borders Country Lets Ltd

Borders Country Lets Ltd (Registered number: SC732321)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Borders Country Lets Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTORS: R A Hastings
Mrs H O Hastings
Ms N M Hastings
R T Hope
T D Taylor
Mrs S L Burn





REGISTERED OFFICE: 51 High Street
Coldstream
TD12 4DL





REGISTERED NUMBER: SC732321 (Scotland)





ACCOUNTANTS: EQ Accountants Ltd
47-49 The Square
Kelso
Roxburghshire
TD5 7HW

Borders Country Lets Ltd (Registered number: SC732321)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 175,014 185,014
Property, plant and equipment 5 3,895 5,662
178,909 190,676

CURRENT ASSETS
Debtors 6 1,659 100
Cash at bank and in hand 87,613 40,957
89,272 41,057
CREDITORS
Amounts falling due within one year 7 22,649 8,545
NET CURRENT ASSETS 66,623 32,512
TOTAL ASSETS LESS CURRENT
LIABILITIES

245,532

223,188

PROVISIONS FOR LIABILITIES 1,000 1,000
NET ASSETS 244,532 222,188

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 244,432 222,088
244,532 222,188

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Borders Country Lets Ltd (Registered number: SC732321)

Balance Sheet - continued
31 March 2025


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2025 and were signed on its behalf by:




R A Hastings - Director R T Hope - Director




T D Taylor - Director


Borders Country Lets Ltd (Registered number: SC732321)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Borders Country Lets Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 25% on 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The directors have considered the company's financial position for a period of 12 months from the date of signing these financial statements and have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, these financial statements have been prepared on the going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

Borders Country Lets Ltd (Registered number: SC732321)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 200,000
AMORTISATION
At 1 April 2024 14,986
Charge for year 10,000
At 31 March 2025 24,986
NET BOOK VALUE
At 31 March 2025 175,014
At 31 March 2024 185,014

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 7,066
DEPRECIATION
At 1 April 2024 1,404
Charge for year 1,767
At 31 March 2025 3,171
NET BOOK VALUE
At 31 March 2025 3,895
At 31 March 2024 5,662

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Amounts owed by group undertakings - 100
Other debtors 1,659 -
1,659 100

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 1,290 1,029
Amounts owed to group undertakings 991 -
Taxation and social security 19,458 6,676
Other creditors 910 840
22,649 8,545

Borders Country Lets Ltd (Registered number: SC732321)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

8. ULTIMATE CONTROLLING PARTY

The controlling party is Borders Legal Holdings Ltd.