BORSE LIMITED - Filleted accounts

Registered number

08905420

BORSE LIMITED

Filleted Accounts

31 August 2025

BORSE LIMITED
Registered number:		08905420
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		12,431			15,538

Current assets
Debtors	4	32,845			20,805
Cash at bank and in hand		10,194			8,678
		43,039			29,483

Creditors: amounts falling due within one year	5	(17,998)			(28,352)

Net current assets			25,041			1,131

Net assets			37,472			16,669

Capital and reserves
Called up share capital			100			100
Profit and loss account			37,372			16,569

Shareholder's funds			37,472			16,669

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Rajpaul Singh Athwal
Director
Approved by the board on 20 May 2026

BORSE LIMITED
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Equipments	20% reducing balance method
	Motor vehicles	20% reducing balance method

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			1		1


3	Tangible fixed assets
		Equipments etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 September 2024	2,425		21,695		24,120
	At 31 August 2025	2,425		21,695		24,120

	Depreciation
	At 1 September 2024	873		7,709		8,582
	Charge for the year	310		2,797		3,107
	At 31 August 2025	1,183		10,506		11,689

	Net book value
	At 31 August 2025	1,242		11,189		12,431
	At 31 August 2024	1,552		13,986		15,538


4	Debtors			2025		2024
£					£

	Trade debtors			24,510		20,805


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			-		12,767
	Corporation tax			5,128		-
	Other taxes and social security costs			5,781		4,992
	Other creditors			7,089		10,593
				17,998		28,352


6	Other information

	BORSE LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	Sinckot House
	211 Station Road
	Harrow
	England
	HA1 2TP