Abbreviated Company Accounts - BORNA TRADING LTD

06946880 BORNA TRADING LTD 2014-07-31 false 2013-08-01 2014-07-31 true 06946880 2013-08-01 2014-07-31 06946880 2014-07-31 06946880 2013-07-31 06946880 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 06946880 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 iso4217:GBP shares

Registered Number 06946880

BORNA TRADING LTD

Abbreviated Accounts

31 July 2014

BORNA TRADING LTD Registered Number 06946880

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	20,439	27,138
		20,439	27,138
Current assets
Stocks		36,240	28,854
Cash at bank and in hand		22,008	13,400
		58,248	42,254
Prepayments and accrued income		16,525	21,504
Net current assets (liabilities)		74,773	63,758
Total assets less current liabilities		95,212	90,896
Creditors: amounts falling due after more than one year	3	(30,000)	(30,000)
Accruals and deferred income		(64,839)	(60,602)
Total net assets (liabilities)		373	294
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		372	293
Shareholders' funds		373	294

For the year ending 31 July 2014 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 24 January 2015

And signed on their behalf by:
Alireza Vahedi, Director

BORNA TRADING LTD Registered Number 06946880

Notes to the Abbreviated Accounts for the period ended 31 July 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of trade discount and value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor Vehicles -25% on reducing balance
Equipment -25% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 August 2013	36,585
Additions	114
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	36,699
Depreciation
At 1 August 2013	9,447
Charge for the year	6,813
On disposals	-
At 31 July 2014	16,260
Net book values
At 31 July 2014	20,439
At 31 July 2013	27,138

3Creditors

	2014 £	2013 £
Instalment debts due after 5 years	30,000	30,000

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1