REGISTERED NUMBER: 06136656 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2025

for

Bordila Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

6,579

9,704

CURRENT ASSETS

Debtors

5

58,255

73,214

Cash at bank

89,369

44,081

147,624

117,295

CREDITORS

Amounts falling due within one year

6

14,061

50,115

NET CURRENT ASSETS

133,563

67,180

TOTAL ASSETS LESS CURRENT LIABILITIES

140,142

76,884

CREDITORS

Amounts falling due after more than one year

7

(2,651

)

(12,975

)

PROVISIONS FOR LIABILITIES

(1,869

)

(2,566

)

NET ASSETS

135,622

61,343

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

135,522

61,243

SHAREHOLDERS' FUNDS

135,622

61,343

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9th December 2025 and were signed on its behalf by:

Dr C A Olukanni - Director

1.	COMPANY INFORMATION

Bordila Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06136656

Registered office:

The Lexicon

Mount Street

Manchester

M2 5NT

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the provision of professional services is recognised on delivery of the service.

Tangible fixed assets

Tangible Fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment loss.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:

Fixtures and Fittings - 25% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to the profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1st April 2024

25,146

Additions

3,259

Disposals

(1,858

)

At 31st March 2025

26,547

DEPRECIATION

At 1st April 2024

15,442

Charge for year

6,384

Eliminated on disposal

(1,858

)

At 31st March 2025

19,968

NET BOOK VALUE

At 31st March 2025

6,579

At 31st March 2024

9,704

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

14,113

12,147

Other debtors

-

28,067

Intercompany loans

44,142

33,000

58,255

73,214

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,078

9,832

Corporation tax

-

37,161

Directors' current accounts

821

2,323

Accrued expenses

3,162

799

14,061

50,115

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 2-5 years

2,651

12,975

The loan relates to a bounce back loan payable in more than one year.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

51

Ordinary A

£1

51

51

49

Ordinary B

£1

49

49

100

100

The A Shares confer on the holders the right to vote upon any resolution proposed at any general meeting of the company.

The B Shares do not confer on the holders the right to vote upon any resolution proposed at any general meeting of the company.

The A and B Shares rank pari passu in respect of dividend and capital distribution rights.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2025 and 31st March 2024:

31.3.25

31.3.24

£

£

Dr C A Olukanni

Balance outstanding at start of year

(2,323

)

35,819

Amounts advanced

304,595

139,430

Amounts repaid

(303,093

)

(177,572

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(821

)

(2,323

)

The loan is repayable on demand and no interest was charged during the year.

10.	RELATED PARTY DISCLOSURES

The company operates a loan account with Bordila Holdings Limited, a related party by virtue of common directorship. All transaction during the year were made at arms length. At year end Bordila Holdings Limited owed £44,142 to the company.

11.

CONTROL