REGISTERED NUMBER: 06385606 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2025

FOR

BORDER SOFTWOOD LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C D Bevan Jones

REGISTERED OFFICE:

Unit E17

Wem Industrial Estate

Wem

Shropshire

SY4 5SD

REGISTERED NUMBER:

06385606 (England and Wales)

ACCOUNTANTS:

Stanton Ralph & Co Limited

Chartered Accountants

The Old Police Station

Whitburn Street

Bridgnorth

Shropshire

WV16 4QP

FIXED ASSETS

-

Tangible assets

4

33,530

27,822

Investments

5

27,772

1,981,645

Investment property

6

2,413,784

2,009,467

2,475,086

CURRENT ASSETS

29,913

Debtors

11,775

50,813

Cash at bank

59,928

80,726

71,703

CREDITORS

435,525

Amounts falling due within one year

592,544

(354,799

)

NET CURRENT LIABILITIES

(520,841

)

1,654,668

TOTAL ASSETS LESS CURRENT LIABILITIES

1,954,245

CREDITORS

(721,832

)

Amounts falling due after more than one year

7

(628,819

)

(51,863

)

PROVISIONS FOR LIABILITIES

(63,389

)

880,973

NET ASSETS

1,262,037

CAPITAL AND RESERVES

492

Called up share capital

9

492

492,274

Fair value reserve

492,274

388,207

Retained earnings

769,271

880,973

SHAREHOLDERS' FUNDS

1,262,037

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30th June 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29th August 2025 and were signed by:

C D Bevan Jones - Director

1.	STATUTORY INFORMATION

Border Softwood Limited is a private company, limited by shares , 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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Border Softwood Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

Additions

44,707

At 30th June 2025

44,707

DEPRECIATION

Charge for year

11,177

At 30th June 2025

11,177

NET BOOK VALUE

At 30th June 2025

33,530

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1st July 2024

27,822

Disposals

(50

)

At 30th June 2025

27,772

NET BOOK VALUE

At 30th June 2025

27,772

At 30th June 2024

27,822

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st July 2024

1,981,645

Additions

432,139

At 30th June 2025

2,413,784

NET BOOK VALUE

At 30th June 2025

2,413,784

At 30th June 2024

1,981,645

Certain investment properties were valued by RICS qualified professional and certain other investment properties were valued by the Director during the year ended 30th June 2023.

Fair value at 30th June 2025 is represented by:

£

Valuation in 2018

90,845

Valuation in 2023

504,921

Valuation in 2024

(103,493

)

Cost

1,921,511

2,413,784

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

30.6.25

30.6.24

£

£

Repayable by instalments

Bank loans more 5 yr by instal

255,231

362,232

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.6.25

30.6.24

£

£

Bank loans

715,132

816,713

The National Westminster Bank PLC has a fixed charge over the land at Units E17, E18 and G12 Wem Industrial Estate, Wem, Shropshire.

The Handelsbanken PLC has a fixed charge over the freehold property at 3 Ashford Avenue, Pontesbury, Shrewsbury.

The Handelsbanken PLC has a fixed charge over the freehold property at G11 and F11, Wem Industrial Estate, Wem Shropshire.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

30.6.25

30.6.24

£

£

470

Ordinary A shares

470

470

20

Ordinary B shares

20

20

1

Ordinary C shares

1

1

1

Ordinary D shares

1

1

492

492