Company Registration No. 04774372 (England and Wales)
Border Automation Services Limited
Unaudited accounts
for the year ended 31 May 2022
Border Automation Services Limited
Unaudited accounts
Contents
Border Automation Services Limited
Company Information
for the year ended 31 May 2022
Company Number
04774372 (England and Wales)
Registered Office
20 Belvoir Road
Bristol
BS6 5DJ
Accountants
Evans Entwistle
432 Gloucester Rd
Bristol
BS7 8TX
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Border Automation Services Limited
for the year ended 31 May 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Border Automation Services Limited for the year ended 31 May 2022 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle
Member in Practice
432 Gloucester Rd
Bristol
BS7 8TX
18 August 2022
Border Automation Services Limited
Statement of financial position
as at
31 May 2022
Tangible assets
1,341
6,013
Cash at bank and in hand
8,338
22,910
Creditors: amounts falling due within one year
(7,432)
(26,418)
Net current assets
12,223
7,967
Total assets less current liabilities
13,564
13,980
Creditors: amounts falling due after more than one year
(15,678)
(15,000)
Net liabilities
(2,114)
(1,020)
Called up share capital
1
1
Profit and loss account
(2,115)
(1,021)
Shareholders' funds
(2,114)
(1,020)
For the year ending 31 May 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 18 August 2022 and were signed on its behalf by
G Frost
Director
Company Registration No. 04774372
Border Automation Services Limited
Notes to the Accounts
for the year ended 31 May 2022
Border Automation Services Limited is a private company, limited by shares, registered in England and Wales, registration number 04774372. The registered office is 20 Belvoir Road, Bristol, BS6 5DJ.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Motor vehicles
25% Straight Line
Fixtures & fittings
25% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Border Automation Services Limited
Notes to the Accounts
for the year ended 31 May 2022
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2021
13,317
23,421
7,874
-
44,612
Additions
-
-
-
7,874
7,874
Disposals
(1,319)
-
(7,874)
-
(9,193)
At 31 May 2022
11,998
23,421
-
7,874
43,293
At 1 June 2021
13,317
18,078
7,204
-
38,599
Charge for the year
-
4,156
-
7,720
11,876
On disposals
(1,319)
-
(7,204)
-
(8,523)
At 31 May 2022
11,998
22,234
-
7,720
41,952
At 31 May 2022
-
1,187
-
154
1,341
At 31 May 2021
-
5,343
670
-
6,013
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2022
2021
Obligations under finance leases and hire purchase contracts
3,126
6,199
Trade creditors
2,283
4,702
Loans from directors
-
10,782
Border Automation Services Limited
Notes to the Accounts
for the year ended 31 May 2022
8
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
678
-
9
Share capital
2022
2021
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan advances made by directors
-
4,231
-
4,231
The balance represent an interest free loan issued to the director that is repayable upon demand.
11
Average number of employees
During the year the average number of employees was 1 (2021: 1).