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Borough Junction (Planning) Limited
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Notes to the financial statements
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for the year ended 31 July 2025
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1
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Company information
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Borough Junction (Planning) Limited is a private company registered in England and Wales. Its registered number is 12783677. The company is limited by shares. Its registered office is 52a York Way, London, London, N1 9AB.
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2
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Accounting policies
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Basis of preparing the financial statements
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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 historic cost convention.
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Going concern
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As at 31st July 2025 the company has net current liabilities of £429,779 (2024:£426,704). The director has reviewed the working capital available at 31st July 2025 and together with its current financial support is satisfied that the accounts should be prepared on a going concern basis.
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Tangible fixed assets
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Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
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Plant and machinery etc.:
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Computer equipment
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-
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33.3% straight line
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Stocks
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Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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Work in progress is valued at the lower of cost and net realisable value. Cost is calculated using the first -in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
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3
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Average number of employees
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During the year the average number of employees was 1 (2024 - 1).
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4
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Tangible fixed assets
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Plant and machinery etc.
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£
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Cost
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At 1 August 2024
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1,000
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At 31 July 2025
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1,000
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3
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