Company Registration No. 04173350 (England and Wales)
Border Food Machinery Limited
Unaudited accounts
for the year ended 31 May 2025
Border Food Machinery Limited
Unaudited accounts
Contents
Border Food Machinery Limited
Company Information
for the year ended 31 May 2025
Directors
M Barwick
P Barwick
J Barwick
O Hodgson
Company Number
04173350 (England and Wales)
Registered Office
SITE 39 KINGSTOWN BROADWAY
KINGSTOWN INDUSTRIAL ESTATE
CARLISLE
CUMBRIA
CA3 0HA
Accountants
Alpha Accountancy
106 Wigton Road
Carlisle
CA2 7ES
Border Food Machinery Limited
Statement of financial position
as at 31 May 2025
Tangible assets
472,692
513,313
Inventories
209,613
175,400
Cash at bank and in hand
319,134
372,847
Creditors: amounts falling due within one year
(467,422)
(492,575)
Net current assets
180,718
208,665
Total assets less current liabilities
653,410
721,978
Creditors: amounts falling due after more than one year
(284,520)
(372,266)
Provisions for liabilities
Deferred tax
(23,449)
(33,492)
Net assets
345,441
316,220
Called up share capital
150
150
Profit and loss account
345,291
316,070
Shareholders' funds
345,441
316,220
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 12 December 2025 and were signed on its behalf by
P Barwick
Director
Company Registration No. 04173350
Border Food Machinery Limited
Notes to the Accounts
for the year ended 31 May 2025
Border Food Machinery Limited is a private company, limited by shares, registered in England and Wales, registration number 04173350. The registered office is SITE 39 KINGSTOWN BROADWAY, KINGSTOWN INDUSTRIAL ESTATE, CARLISLE, CUMBRIA, CA3 0HA.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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:
Land & buildings
Not provided
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Border Food Machinery Limited
Notes to the Accounts
for the year ended 31 May 2025
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2024
338,790
21,092
204,157
37,352
601,391
At 31 May 2025
338,790
21,608
204,157
37,781
602,336
At 1 June 2024
-
14,222
51,704
22,152
88,078
Charge for the year
-
1,108
38,113
2,345
41,566
At 31 May 2025
-
15,330
89,817
24,497
129,644
At 31 May 2025
338,790
6,278
114,340
13,284
472,692
At 31 May 2024
338,790
6,870
152,453
15,200
513,313
Amounts falling due within one year
Trade debtors
119,393
151,383
Accrued income and prepayments
-
1,610
Border Food Machinery Limited
Notes to the Accounts
for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
23,235
46,476
Obligations under finance leases and hire purchase contracts
39,735
39,735
Trade creditors
170,974
193,968
Taxes and social security
78,907
98,583
Loans from directors
7,456
7,828
Deferred income
98,925
59,486
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Creditors: amounts falling due after more than one year
2025
2024
Bank loans
208,785
256,021
Obligations under finance leases and hire purchase contracts
75,735
116,245
Aggregate of amounts that fall due for payment after five years
84,141
134,268
The mortgage is secured by a fixed charge over the company's premises. Amounts owed under hire purchase agreements are secured on the assets to which they relate.
The advances were interest free and repayable on demand.
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Average number of employees
During the year the average number of employees was 17 (2024: 16).