Borough Junction (Properties) Limited,Ltd - AccountsLtd - Accounts

Borough Junction (Properties) Limited,Ltd - AccountsLtd - Accounts

BOROUGH JUNCTION (PROPERTIES) LIMITED - Company Information

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2021-08-01 12783668 2022-07-31 12783668 2021-08-01 2022-07-31 12783668 2021-07-31 12783668 2020-07-31 2021-07-31 12783668 uk-core:WithinOneYear 2021-07-31 12783668 uk-core:WithinOneYear 2022-07-31 12783668 uk-core:AfterOneYear 2021-07-31 12783668 uk-core:AfterOneYear 2022-07-31 12783668 uk-core:ShareCapital 2022-07-31 12783668 uk-core:ShareCapital 2021-07-31 12783668 uk-core:RetainedEarningsAccumulatedLosses 2022-07-31 12783668 uk-core:RetainedEarningsAccumulatedLosses 2021-07-31 12783668 uk-bus:Director1 2021-08-01 2022-07-31 iso4217:GBP xbrli:pure 12783668 uk-bus:AuditExemptWithAccountantsReport 2021-08-01 2022-07-31 12783668 uk-bus:FRS102 2021-08-01 2022-07-31 12783668 uk-bus:FullAccounts 2021-08-01 2022-07-31 12783668 uk-bus:PrivateLimitedCompanyLtd 2021-08-01 2022-07-31
Borough Junction (Properties) Limited
Registered Number:12783668
For the year ended 31 July 2022
England and Wales
Unaudited Financial Statements
2
For the year ended 31 July 2022
Borough Junction (Properties) Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
12783668
As at 31 July 2022
Borough Junction (Properties) Limited
Statement of Financial Position
£
£
2021
2022
Notes
Current assets
Inventories
774,135
774,135
2
Trade and other receivables
3,500
700
3
774,835
777,635
Trade and other payables: amounts falling due within one
year
(28,814)
(780)
4
748,821
774,055
Net current assets
Total assets less current liabilities
774,055
748,821
Trade and other payables: amounts falling due after more
than one year
(904,394)
(1,064,238)
5
(290,183)
Net liabilities
(155,573)
Capital and reserves
Called up share capital
100
100
Retained earnings
(290,283)
(155,673)
(290,183)
(155,573)
Shareholders' funds
For the year ended 31 July 2022 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2022 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
R Kumar Director
These financial statements were approved and authorised for issue by the Board on 29 September 2023 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 July 2022
Borough Junction (Properties) Limited
Notes to the Financial Statements
Statutory Information
Borough Junction (Properties) Limited is a private limited company, limited by shares, domiciled in England and
Wales, registration number 12783668.
Registered address:
4Th Floor
97 Charlotte Street
London
England
W1T 4QA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received for rent received on property currently held for resale.
2. Inventories
2021
2022
£
£
Stocks
774,135
774,135
3. Trade and other receivables
2021
2022
£
£
Trade debtors
-
2,800
Other debtors
700
700
3,500
700
4. Trade and other payables: amounts falling due within one year
2021
2022
£
£
Other creditors
780
28,814
2 of 3
5
For the year ended 31 July 2022
Borough Junction (Properties) Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year
2021
2022
£
£
Bank loans and overdraft (secured)
1,064,238
904,394
6. Average number of persons employed
During the year the average number of employees was 1 (2021 : 1)
3 of 3