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Company Registration No. 13877990 (England and Wales)
BORING INDUSTRIES LIMITED Unaudited accounts for the year ended 31 January 2025
BORING INDUSTRIES LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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BORING INDUSTRIES LIMITED Company Information for the year ended 31 January 2025
Director
Natasha Peskin
Company Number
13877990 (England and Wales)
Registered Office
118 LYNMOUTH ROAD LONDON E17 8AQ UNITED KINGDOM
Accountants
Insight Business Services Limited 20-22 Wenlock Road London N1 7GU
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BORING INDUSTRIES LIMITED Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,182 
1,279 
Current assets
Debtors
5
840 
7,133 
Cash at bank and in hand
3,711 
16,860 
4,551 
23,993 
Creditors: amounts falling due within one year
6
(1,179)
(21,961)
Net current assets
3,372 
2,032 
Net assets
4,554 
3,311 
Capital and reserves
Profit and loss account
4,554 
3,311 
Shareholders' funds
4,554 
3,311 
For the year ending 31 January 2025 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 director acknowledges her 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 and authorised for issue on 6 April 2025 and were signed on its behalf by
Natasha Peskin Director Company Registration No. 13877990
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BORING INDUSTRIES LIMITED Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
BORING INDUSTRIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13877990. The registered office is 118 LYNMOUTH ROAD, LONDON, E17 8AQ, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Motor vehicles
20% Reducing Balance Basis
Computer equipment
20% Reducing Balance Basis
Turnover
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.
Going concern
The accounts are prepared on a going concern basis.
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BORING INDUSTRIES LIMITED Notes to the Accounts for the year ended 31 January 2025
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2024
1,597 
364 
1,961 
Additions
55 
470 
525 
At 31 January 2025
1,652 
834 
2,486 
Depreciation
At 1 February 2024
575 
107 
682 
Charge for the year
445 
177 
622 
At 31 January 2025
1,020 
284 
1,304 
Net book value
At 31 January 2025
632 
550 
1,182 
At 31 January 2024
1,022 
257 
1,279 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
840 
6,720 
Other debtors
- 
413 
840 
7,133 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
2,432 
7,088 
Taxes and social security
10,878 
14,011 
Other creditors
319 
- 
Loans from directors
(13,000)
312 
Accruals
550 
550 
1,179 
21,961 
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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