Bordsus Property Co. Ltd - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 00590407 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2023

for

Bordsus Property Co. Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C J Teall

Mrs E M Teall

REGISTERED OFFICE:

Salford Mill

Worcester Road

Chipping Norton

Oxfordshire

OX7 5YQ

REGISTERED NUMBER:

00590407 (England and Wales)

ACCOUNTANTS:

Francis & Co

Second Floor

123 Promenade

Cheltenham

Gloucestershire

GL50 1NW

FIXED ASSETS

Tangible assets

4

-

-

Investment property

5

651,445

651,445

651,445

651,445

CURRENT ASSETS

Debtors

6

4,010

3,235

Cash at bank

22,037

10,784

26,047

14,019

CREDITORS

Amounts falling due within one year

7

10,037

7,431

NET CURRENT ASSETS

16,010

6,588

TOTAL ASSETS LESS CURRENT LIABILITIES

667,455

658,033

CREDITORS

Amounts falling due after more than one year

8

7,209

109

NET ASSETS

660,246

657,924

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

640,022

640,022

Retained earnings

20,124

17,802

SHAREHOLDERS' FUNDS

660,246

657,924

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 June 2023 and were signed on its behalf by:

Mr C J Teall - Director

1.	STATUTORY INFORMATION

Bordsus Property Co. Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2022

and 31 March 2023

6,727

DEPRECIATION

At 1 April 2022

and 31 March 2023

6,727

NET BOOK VALUE

At 31 March 2023

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2022

and 31 March 2023

651,445

NET BOOK VALUE

At 31 March 2023

651,445

At 31 March 2022

651,445

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Trade debtors

495

495

Other debtors

3,515

2,740

4,010

3,235

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Taxation and social security

2,890

2,638

Other creditors

7,147

4,793

10,037

7,431

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.23

31.3.22

£

£

Other creditors

7,209

109