| Borough Junction (Hartley) Limited |
| Registered Number:09363727 |
For the year ended 30 May 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 May 2024
Borough Junction (Hartley) Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Borough Junction (Hartley) Limited
Statement of Financial Position
2023
2024
| Property, plant and equipment |
6,642,585
6,797,692
2
100
100
3
6,642,685
6,797,792
| Trade and other receivables |
108,803
87,678
4
30,557
| Cash and cash equivalents |
1,942
89,620
139,360
| Trade and other payables: amounts falling due within one |
| year |
(1,564,636)
(1,384,412)
5
(1,425,276)
(1,294,792)
Net current liabilities
| Total assets less current liabilities |
5,347,893
5,372,516
| Trade and other payables: amounts falling due after more |
| than one year |
(6,783,463)
(7,352,007)
6
(2,004,114)
Net liabilities
(1,410,947)
200
200
(2,004,314)
(1,411,147)
(2,004,114)
(1,410,947)
Shareholders' funds
| For the year ended 30 May 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 of its financial statements for the year ended 30 May 2024 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 09 September 2025 and were signed by: |
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For the year ended 30 May 2024
Borough Junction (Hartley) Limited
Statement of Financial Position Continued
| The notes form part of these financial statements |
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For the year ended 30 May 2024
Borough Junction (Hartley) Limited
Notes to the Financial Statements
Statutory Information
| Borough Junction (Hartley) Limited is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 09363727. |
4Th Floor
97 Charlotte Street
London
England
W1T 4QA
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of rental income receivable in the period.
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land & Buildings
Computer Equipment
Furniture and Fittings
Going concern
| As at 30th May 2024 the companty had Net Liabilities of £2,004,114 (2023: £1,410,947). The director has reviewed |
| the working capital requirements for the next 12 months and with the continued finance support he beleives the |
| company is still a going concern. |
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For the year ended 30 May 2024
Borough Junction (Hartley) Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
7,115,175
1,303
89,167
7,024,705
2,509
-
-
2,509
7,027,214
89,167
1,303
7,117,684
| Provision for depreciation and impairment |
317,483
1,119
35,411
280,953
Charge for year
157,616
184
16,888
140,544
475,099
1,303
52,299
421,497
6,605,717
36,868
-
6,642,585
6,743,752
53,756
184
6,797,692
| 3. Investments held as fixed assets |
100
100
100
100
100
100
| 4. Trade and other receivables |
2023
2024
13,706
-
| Amounts owed by group undertakings and participating interests |
47,160
84,953
26,812
23,850
108,803
87,678
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For the year ended 30 May 2024
Borough Junction (Hartley) Limited
Notes to the Financial Statements Continued
| 5. Trade and other payables: amounts falling due within one year |
2023
2024
-
47,360
| Amounts owed to group undertaking and undertaking in which the |
| company has a participating interest |
1,378,188
1,482,251
| Taxation and social security |
3,823
29,187
2,401
5,838
1,384,412
1,564,636
| 6. Trade and other payables: amounts falling due after more than one year |
2023
2024
39,788
46,068
| Bank loans and overdraft (secured) |
7,312,219
6,737,395
7,352,007
6,783,463
| On 14th February 2025 an outstanding loan which at 30th May 2024 had a carrying value of £5,692,404 was settled through negotiation for a full and final settlement of £2,000,000. |
| 8. Average number of persons employed |
During the year the average number of employees was 1 (2023 : 1)
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