Company Registration No. 09135275 (England and Wales)
BORA ENTERPRISE LIMITED
Unaudited accounts
for the year ended 31 July 2018
BORA ENTERPRISE LIMITED
Unaudited accounts
Contents
BORA ENTERPRISE LIMITED
Company Information
for the year ended 31 July 2018
Company Number
09135275 (England and Wales)
Registered Office
UNIT KR061 KINGSPARK BUSINESS CENTRE
152-178 KINGSTON ROAD
NEW MALDEN
SURREY
KT3 3ST
ENGLAND
BORA ENTERPRISE LIMITED
Statement of financial position
as at 31 July 2018
Tangible assets
2,987
3,434
Cash at bank and in hand
52,563
36,824
Creditors: amounts falling due within one year
(6,995)
(20,741)
Net current assets
63,002
68,744
Total assets less current liabilities
65,989
72,178
Creditors: amounts falling due after more than one year
(50,000)
(50,000)
Called up share capital
1,000
1,000
Profit and loss account
14,989
21,178
Shareholders' funds
15,989
22,178
For the year ending 31 July 2018 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 30 April 2019.
Mrs Bora Yun
Director
Company Registration No. 09135275
BORA ENTERPRISE LIMITED
Notes to the Accounts
for the year ended 31 July 2018
BORA ENTERPRISE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09135275. The registered office is UNIT KR061 KINGSPARK BUSINESS CENTRE, 152-178 KINGSTON ROAD, NEW MALDEN, SURREY, KT3 3ST, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% on reducing balance
Computer equipment
25% on reducing balance
BORA ENTERPRISE LIMITED
Notes to the Accounts
for the year ended 31 July 2018
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2017
952
4,657
5,609
At 31 July 2018
1,501
4,657
6,158
At 1 August 2017
238
1,937
2,175
Charge for the year
316
680
996
At 31 July 2018
554
2,617
3,171
At 31 July 2018
947
2,040
2,987
At 31 July 2017
714
2,720
3,434
Trade debtors
9,779
30,299
Other debtors
7,655
20,862
7
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
204
221
Loans from directors
-
20,520
8
Creditors: amounts falling due after more than one year
2018
2017
Other creditors
50,000
50,000
Director's loan
The director, Mrs Bora Yun, made the investment of GBP 50,000 during the period ended 31 July 2015 in the form of a director's loan, which is unsecured and subordinated in favour of third-party creditors.
BORA ENTERPRISE LIMITED
Notes to the Accounts
for the year ended 31 July 2018
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
10
Average number of employees
During the year the average number of employees was 0 (2017: 3).
