Company Registration No. 14538491 (England and Wales)
Get Borderless Ltd
Unaudited accounts
for the year ended 31 December 2024
Get Borderless Ltd
Unaudited accounts
Contents
Get Borderless Ltd
Company Information
for the year ended 31 December 2024
Directors
Matthew Phillip Bond
Jonathan Raphael
Company Number
14538491 (England and Wales)
Registered Office
BORDERLESS SHOREDITCH EXCHANGE
SENNA BUILDING GORSUCH PLACE
Greater London
London
E2 8JF
England
Accountants
The Accountancy Cloud
1 Fore Street Avenue
London
EC2Y 9DT
Get Borderless Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
19,959
10,496
Cash at bank and in hand
158,681
2,157,949
Creditors: amounts falling due within one year
(159,500)
(205,419)
Net current assets
2,061,304
2,273,112
Net assets
2,081,263
2,283,608
Called up share capital
106
106
Share premium
2,644,752
2,644,752
Profit and loss account
(563,595)
(361,250)
Shareholders' funds
2,081,263
2,283,608
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by
Matthew Phillip Bond
Director
Company Registration No. 14538491
Get Borderless Ltd
Notes to the Accounts
for the year ended 31 December 2024
Get Borderless Ltd is a private company, limited by shares, registered in England and Wales, registration number 14538491. The registered office is BORDERLESS SHOREDITCH EXCHANGE, SENNA BUILDING GORSUCH PLACE, Greater London, London, E2 8JF, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Expenditure on research and development is written off in the year in which it is incurred. Where appropriate, development
expenditure is capitalised and amortised over its useful economic life.
Research and development tax credit
During the financial year, Avvoka Limited received a tax credit for qualifying research and development expenditure under the
Research and Development tax relief scheme. This is presented as a tax repayment in the Statement of Profit or Loss in line
with disclosure requirements under FRS 102.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Get Borderless Ltd
Notes to the Accounts
for the year ended 31 December 2024
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the
foreseeable future.
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:
Computer equipment
Straight line at 25%
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
555
12,298
12,853
At 31 December 2024
555
28,282
28,837
At 1 January 2024
111
2,246
2,357
Charge for the year
111
6,410
6,521
At 31 December 2024
222
8,656
8,878
At 31 December 2024
333
19,626
19,959
At 31 December 2023
444
10,052
10,496
Amounts falling due within one year
Accrued income and prepayments
12,150
10,305
Other debtors
(7,783)
310,277
6
Investments held as current assets
2024
2023
Unlisted investments
2,026,979
-
Get Borderless Ltd
Notes to the Accounts
for the year ended 31 December 2024
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
54,301
16,340
Other creditors
33,015
151,295
Loans from directors
-
(95)
Allotted, called up and fully paid:
106 Ordinary shares of £1 each
106
106
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Average number of employees
During the year the average number of employees was 19 (2023: 6).