REGISTERED NUMBER: 14750495 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2025

for

Bordila Holdings Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Investment property

4

596,078

285,353

CURRENT ASSETS

Cash at bank

12,940

9,088

CREDITORS

Amounts falling due within one year

5

613,489

326,065

NET CURRENT LIABILITIES

(600,549

)

(316,977

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,471

)

(31,624

)

CAPITAL AND RESERVES

Called up share capital

6

2

2

Retained earnings

(4,473

)

(31,626

)

SHAREHOLDERS' FUNDS

(4,471

)

(31,624

)

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 Holdings 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:

14750495

Registered office:

Second Floor

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 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.

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

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.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

285,353

Additions

268,078

Revaluations

42,647

At 31st March 2025

596,078

NET BOOK VALUE

At 31st March 2025

596,078

At 31st March 2024

285,353

Fair value at 31st March 2025 is represented by:

£

Valuation in 2024

285,353

Valuation in 2025

310,725

596,078

Investment property:

Purchased on 22 November 2023 - 34 Cook Square, Erith, Kent, DA8 2PL

Purchased on 2 October 2023 - Flat 1, Calshot Court, Osbourne Road, Dartford, DA2 6RL

Purchased on 20 September 2024 - 103 Alyssum Walk, Colchester, Essex, CO4 3RJ

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other loans

44,142

33,000

Directors' current accounts

568,646

292,471

Accrued expenses

701

594

613,489

326,065

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

2

Ordinary

£1

2

2

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

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.3.25

31.3.24

£

£

Dr C A Olukanni

Balance outstanding at start of year

(292,471

)

-

Amounts advanced

-

2

Amounts repaid

(276,175

)

(292,473

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(568,646

)

(292,471

)

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

8.	RELATED PARTY DISCLOSURES

The company operates a loan account with Bordila Limited, a related party by virtue of common directorship. All transactions during the year were made at arms length. At year end Bordila Limited was owed £44,142 (2024 - £33,000) by the company.

9.	ULTIMATE CONTROLLING PARTY