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REGISTERED NUMBER: 04829443 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2018

for

Burnell Builders Ltd

Burnell Builders Ltd (Registered number: 04829443)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Burnell Builders Ltd

Company Information
for the Year Ended 31 March 2018







DIRECTOR: A Burnell





SECRETARY: Mrs C Burnell





REGISTERED OFFICE: 2nd Floor
The Fragrance House
Haydon
Wells
Somerset
BA5 3FF





REGISTERED NUMBER: 04829443 (England and Wales)





ACCOUNTANTS: Nigelmarks Ltd
Second Floor
The Fragrance House
Haydon
Wells
Somerset
BA5 3FF

Burnell Builders Ltd (Registered number: 04829443)

Balance Sheet
31 March 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,044 13,275

CURRENT ASSETS
Stocks 1,040 -
Debtors 5 4,260 1,884
Cash at bank 8,400 10,362
13,700 12,246
CREDITORS
Amounts falling due within one year 6 15,424 13,852
NET CURRENT LIABILITIES (1,724 ) (1,606 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,320

11,669

CREDITORS
Amounts falling due after more than
one year

7

-

(3,527

)

PROVISIONS FOR LIABILITIES (1,468 ) (1,977 )
NET ASSETS 4,852 6,165

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 4,752 6,065
4,852 6,165

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Burnell Builders Ltd (Registered number: 04829443)

Balance Sheet - continued
31 March 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the director on 30 October 2018 and were signed by:





A Burnell - Director


Burnell Builders Ltd (Registered number: 04829443)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

Burnell Builders 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 the provisions of Section 1A "Small Entities" 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 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 - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and
handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income
Statement, except to the extent that it relates to items recognised in other comprehensive
income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that
have been enacted or substantively enacted by the balance sheet date.


Burnell Builders Ltd (Registered number: 04829443)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not
reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in
periods different from those in which they are recognised in financial statements. Deferred
tax is measured using tax rates and laws that have been enacted or substantively enacted
by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it
is probable that they will be recovered against the reversal of deferred tax liabilities or other
future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2017 6,238 5,153 22,665 2,425 36,481
Disposals - - (4,695 ) - (4,695 )
At 31 March 2018 6,238 5,153 17,970 2,425 31,786
DEPRECIATION
At 1 April 2017 4,220 4,465 12,443 2,078 23,206
Charge for year 505 103 1,895 87 2,590
Eliminated on disposal - - (2,054 ) - (2,054 )
At 31 March 2018 4,725 4,568 12,284 2,165 23,742
NET BOOK VALUE
At 31 March 2018 1,513 585 5,686 260 8,044
At 31 March 2017 2,018 688 10,222 347 13,275

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 480 700
Other debtors 3,780 1,184
4,260 1,884

Burnell Builders Ltd (Registered number: 04829443)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Hire purchase contracts 465 2,826
Trade creditors 4,115 -
Taxation and social security 1,487 4,088
Other creditors 9,357 6,938
15,424 13,852

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2018 2017
£    £   
Hire purchase contracts - 432
Other creditors - 3,095
- 3,527