Borley Brothers Engineering Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12933150

Borley Brothers Engineering Limited

Filleted Unaudited Financial Statements

For the year ended

28 February 2026

Borley Brothers Engineering Limited

Statement of Financial Position

28 February 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Tangible assets	5		–		58,908

Current assets

Debtors	6	9,172	58,267
Cash at bank and in hand		332,229	311,558
		---------	---------
		341,401	369,825

Creditors: amounts falling due within one year	7	824,573		1,009,930
		---------		------------
Net current liabilities			483,172		640,105
			---------		---------
Total assets less current liabilities			( 483,172)		( 581,197)
			---------		---------
Net liabilities			( 483,172)		( 581,197)
			---------		---------

Capital and reserves

Called up share capital	1	1
Profit and loss account	( 483,173)	( 581,198)
	---------	---------
Shareholders deficit	( 483,172)	( 581,197)
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 28 February 2026 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 year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Borley Brothers Engineering Limited

Statement of Financial Position (continued)

28 February 2026

These financial statements were approved by the board of directors and authorised for issue on 15 October 2026 , and are signed on behalf of the board by:

Mr R C J Borley
Director

Company registration number: 12933150

Borley Brothers Engineering Limited

Notes to the Financial Statements

Year ended 28 February 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 83 Station Road, Great Wilbraham, Cambridge, Cambridgeshire, CB21 5JA, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The director notes that at the balance sheet date there was a deficiency of shareholders' funds of £483,172 and net current liabilities of £483,172. Assurances have been received from other creditors, totalling £785,254, that they will not require repayment until adequate funds are available. Therefore, the financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	15% straight line
Motor vehicles	-	25% straight line
Equipment	-	33% straight line

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2025: 18 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1 March 2025	100,601	87,481	25,313	213,395
Disposals	( 100,601)	( 35,215)	( 25,313)	( 161,129)
	---------	--------	--------	---------
At 28 February 2026	–	52,266	–	52,266
	---------	--------	--------	---------
Depreciation
At 1 March 2025	50,666	83,720	20,101	154,487
Charge for the year	3,773	803	1,265	5,841
Disposals	( 54,439)	( 32,257)	( 21,366)	( 108,062)
	---------	--------	--------	---------
At 28 February 2026	–	52,266	–	52,266
	---------	--------	--------	---------
Carrying amount
At 28 February 2026	–	–	–	–
	---------	--------	--------	---------
At 28 February 2025	49,935	3,761	5,212	58,908
	---------	--------	--------	---------

6. Debtors

	2026	2025
	£	£
Trade debtors	–	41,225
Other debtors	9,172	17,042
	-------	--------
	9,172	58,267
	-------	--------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	2,610	8,952
Amounts owed to group undertakings	–	197,270
Social security and other taxes	31,694	9,767
Other creditors	790,269	793,941
	---------	------------
	824,573	1,009,930
	---------	------------