Company Registration No. 09135275 (England and Wales)
BORA ENTERPRISE LIMITED
Unaudited accounts
for the year ended 31 July 2020
BORA ENTERPRISE LIMITED
Unaudited accounts
Contents
BORA ENTERPRISE LIMITED
Company Information
for the year ended 31 July 2020
Company Number
09135275 (England and Wales)
Registered Office
Unit 2, Links Industrial Estate
Popham Close
Feltham
TW13 6JE
United Kingdom
BORA ENTERPRISE LIMITED
Statement of financial position
as at 31 July 2020
Tangible assets
42,807
2,240
Cash at bank and in hand
198,899
299,235
Creditors: amounts falling due within one year
(245,377)
(234,944)
Net current (liabilities)/assets
(41,615)
75,704
Total assets less current liabilities
1,192
77,944
Creditors: amounts falling due after more than one year
(50,000)
(50,000)
Net (liabilities)/assets
(48,808)
27,944
Called up share capital
1,000
1,000
Profit and loss account
(49,808)
26,944
Shareholders' funds
(48,808)
27,944
For the year ending 31 July 2020 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.
The financial statements were approved by the Board and authorised for issue on 30 April 2021 and were signed on its behalf by
Mrs Bora Yun
Director
Company Registration No. 09135275
BORA ENTERPRISE LIMITED
Notes to the Accounts
for the year ended 31 July 2020
BORA ENTERPRISE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09135275. The registered office is Unit 2, Links Industrial Estate, Popham Close, Feltham, TW13 6JE, United Kingdom.
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:
Motor vehicles
Straight line
Fixtures & fittings
25% on reducing balance
Computer equipment
25% on reducing balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2019
-
1,501
4,657
6,158
Additions
51,210
-
212
51,422
At 31 July 2020
51,210
1,501
4,869
57,580
At 1 August 2019
-
791
3,127
3,918
Charge for the year
10,242
177
436
10,855
At 31 July 2020
10,242
968
3,563
14,773
At 31 July 2020
40,968
533
1,306
42,807
At 31 July 2019
-
710
1,530
2,240
BORA ENTERPRISE LIMITED
Notes to the Accounts
for the year ended 31 July 2020
5
Debtors: amounts falling due within one year
2020
2019
6
Creditors: amounts falling due within one year
2020
2019
Trade creditors
175,219
157,432
Taxes and social security
27
2,512
Other creditors
70,000
75,000
7
Creditors: amounts falling due after more than one year
2020
2019
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.
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
9
Average number of employees
During the year the average number of employees was 4 (2019: 3).
