Company No: 08008866 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	45,615		605
		45,615		605
Current assets
Stocks	5	60,000		60,000
Debtors	6	40,105		116,699
Cash at bank and in hand		205,588		92,722
		305,693		269,421
Creditors: amounts falling due within one year	7	( 132,740)		( 134,793)
Net current assets		172,953		134,628
Total assets less current liabilities		218,568		135,233
Creditors: amounts falling due after more than one year	8	( 7,545)		( 16,030)
Net assets		211,023		119,203
Capital and reserves
Called-up share capital	9	13		13
Profit and loss account		211,010		119,190
Total shareholders' funds		211,023		119,203

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Borg Automation Ltd (registered number: 08008866) were approved and authorised for issue by the Director on 16 December 2025. They were signed on its behalf by:

P A Lowe Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Borg Automation Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 51 Azura Close, Wools Bridge Industrial Estate, Wimborne, BH21 6SZ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Development costs

4 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	25 % reducing balance
Vehicles	25 % reducing balance
Office equipment	4 years straight line
Computer equipment	4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	9		2

3. Intangible assets

	Development costs		Total
	£		£
Cost
At 01 April 2024	1,000		1,000
At 31 March 2025	1,000		1,000
Accumulated amortisation
At 01 April 2024	1,000		1,000
At 31 March 2025	1,000		1,000
Net book value
At 31 March 2025	0		0
At 31 March 2024	0		0

4. Tangible assets

	Plant and machinery		Vehicles		Office equipment		Computer equipment		Total
	£		£		£		£		£
Cost
At 01 April 2024	0		0		1,220		0		1,220
Additions	7,412		38,000		296		1,774		47,482
At 31 March 2025	7,412		38,000		1,516		1,774		48,702
Accumulated depreciation
At 01 April 2024	0		0		615		0		615
Charge for the financial year	313		1,583		358		218		2,472
At 31 March 2025	313		1,583		973		218		3,087
Net book value
At 31 March 2025	7,099		36,417		543		1,556		45,615
At 31 March 2024	0		0		605		0		605

5. Stocks

	2025		2024
	£		£
Work in progress	60,000		60,000

6. Debtors

	2025		2024
	£		£
Trade debtors	16,307		99,722
Other debtors	23,798		16,977
	40,105		116,699

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	10,177		10,419
Trade creditors	47,540		56,333
Corporation tax	25,340		25,812
Other taxation and social security	44,235		38,362
Other creditors	5,448		3,867
	132,740		134,793

8. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	7,545		16,030

There are no amounts included above in respect of which any security has been given by the small entity.

9. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
3 Ordinary shares of £ 1.00 each	3		3
100 Ordinary A shares of £ 0.10 each	10		10
	13		13

10. Related party transactions

Transactions with entities in which the entity itself has a participating interest

	2025		2024
	£		£
Borg Transmission Ltd	5,124		(6,440)

S-J White and R D M Woods are directors of Borg Transmissions Ltd. Borg Automation Ltd traded with Borg Transmissions Ltd on an arms length basis during the year as follows:
At the balance sheet date £3,517 (2024- £1,200) was due from Borg Transmissions Ltd and is included within trade debtors. Also £1,607 (2024 - £7,640) was due from/to Borg Transmissions Ltd and is included within trade creditors. At the balance sheet date the amount due to Borg Transmissions Ltd was £5,124 (2024 - £6,440).

Transactions with the entity's director

	2025		2024
	£		£
P Lowe	8,402		8,370

No interest has been charged on the overdrawn directors loan account.