REGISTERED NUMBER: 13228677 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Borough London Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Farris Hamed Alnaqeeb

REGISTERED OFFICE:

144-146 King'S Cross Road

London

WC1X 9DU

REGISTERED NUMBER:

13228677 (England and Wales)

FIXED ASSETS

Tangible assets

4

68,250

18,659

CURRENT ASSETS

Stocks

7,025

6,840

Debtors

5

158,670

131,127

Cash at bank and in hand

120,830

128,063

286,525

266,030

CREDITORS

Amounts falling due within one year

6

177,768

153,279

NET CURRENT ASSETS

108,757

112,751

TOTAL ASSETS LESS CURRENT LIABILITIES

177,007

131,410

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

177,006

131,409

SHAREHOLDERS' FUNDS

177,007

131,410

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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 17 September 2025 and were signed by:

Mr Farris Hamed Alnaqeeb - Director

1.	STATUTORY INFORMATION

Borough London Ltd 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.

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

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.

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 14 ).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

7,070

17,725

24,795

Additions

945

71,080

72,025

At 31 December 2024

8,015

88,805

96,820

DEPRECIATION

At 1 January 2024

1,414

4,722

6,136

Charge for year

1,414

21,020

22,434

At 31 December 2024

2,828

25,742

28,570

NET BOOK VALUE

At 31 December 2024

5,187

63,063

68,250

At 31 December 2023

5,656

13,003

18,659

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

16,171

12,248

Other debtors

142,499

118,879

158,670

131,127

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

63,371

13,526

Taxation and social security

34,939

32,256

Other creditors

79,458

107,497

177,768

153,279

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

1

Ordinary

£1

1

1