REGISTERED NUMBER: 11973581 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JUNE 2024 TO 30 JUNE 2025

FOR

BORN LAW LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R M Osborn

REGISTERED OFFICE:

16 Station Road

Littlethorpe

Leicester

LE19 2HS

REGISTERED NUMBER:

11973581 (England and Wales)

ACCOUNTANTS:

Galloways Accounting Limited

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Tangible assets

4

48,995

22,920

Investments

5

1,127

1,065

50,122

23,985

CURRENT ASSETS

Debtors

6

218,895

188,936

Cash at bank

227,433

160,524

446,328

349,460

CREDITORS

Amounts falling due within one year

7

(84,196

)

(68,441

)

NET CURRENT ASSETS

362,132

281,019

TOTAL ASSETS LESS CURRENT LIABILITIES

412,254

305,004

PROVISIONS FOR LIABILITIES

8

(12,249

)

(5,730

)

NET ASSETS

400,005

299,274

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

400,004

299,273

400,005

299,274

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 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.

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 3 October 2025 and were signed by:

R M Osborn - Director

1.	STATUTORY INFORMATION

Born Law 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.

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 services is recognised based on stage of completion, as those services are provided.

Tangible fixed assets

Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

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

Office equipment - 25% reducing balance

Computer equipment - 33% reducing balance

Motor vehicles - 20% reducing balance

Taxation

Taxation for the period 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 period 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 period was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Office

Motor

Computer

equipment

vehicles

equipment

Totals

£

£

£

£

COST

At 1 June 2024

356

48,049

7,020

55,425

Additions

-

38,000

742

38,742

At 30 June 2025

356

86,049

7,762

94,167

DEPRECIATION

At 1 June 2024

271

28,330

3,904

32,505

Charge for period

22

11,544

1,101

12,667

At 30 June 2025

293

39,874

5,005

45,172

NET BOOK VALUE

At 30 June 2025

63

46,175

2,757

48,995

At 31 May 2024

85

19,719

3,116

22,920

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 June 2024

1,065

Revaluations

62

At 30 June 2025

1,127

NET BOOK VALUE

At 30 June 2025

1,127

At 31 May 2024

1,065

Cost or valuation at 30 June 2025 is represented by:

Other

investments

£

Valuation in 2024

65

Valuation in 2025

62

Cost

1,000

1,127

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

28,895

3,936

Other debtors

190,000

185,000

218,895

188,936

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

80,291

64,544

Other creditors

3,905

3,897

84,196

68,441

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

12,249

5,730

Deferred

tax

£

Balance at 1 June 2024

5,730

Movement in year

6,519

Balance at 30 June 2025

12,249

9.	RELATED PARTY DISCLOSURES

During the year the company made a loan of £190,000 (2024: £185,000) to Born Properties Limited. R Osborn is a director and shareholder of both companies. There are no set terms for repayment of this loan.