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REGISTERED NUMBER: 09855247 (England and Wales)













BURLINGTON GROUP LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2021






BURLINGTON GROUP LIMITED (REGISTERED NUMBER: 09855247)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BURLINGTON GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2021







DIRECTORS: Dr A Y M J Al-Memar
Dr O J F Foster





SECRETARY: Mr S Kumar





REGISTERED OFFICE: 1 College Fields
16 Prince Georges Road
London
SW19 2PT





REGISTERED NUMBER: 09855247 (England and Wales)





ACCOUNTANTS: Sinclairs Bartrum Lerner
Chartered Accountants
Second Floor
34 Lime Street
London
EC3M 7AT

BURLINGTON GROUP LIMITED (REGISTERED NUMBER: 09855247)

BALANCE SHEET
31ST DECEMBER 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 223 20,481

CURRENT ASSETS
Stocks - 19,826
Debtors 5 27,844 15,873
Cash at bank and in hand 4,121 75,993
31,965 111,692
CREDITORS
Amounts falling due within one year 6 3,199 764,803
NET CURRENT ASSETS/(LIABILITIES) 28,766 (653,111 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,989

(632,630

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 28,889 (632,730 )
SHAREHOLDERS' FUNDS 28,989 (632,630 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

BURLINGTON GROUP LIMITED (REGISTERED NUMBER: 09855247)

BALANCE SHEET - continued
31ST DECEMBER 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 13th May 2022 and were signed on its behalf by:




Dr O J F Foster - Director



Dr A Y M J Al-Memar - Director


BURLINGTON GROUP LIMITED (REGISTERED NUMBER: 09855247)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021


1. STATUTORY INFORMATION

Burlington Group Limited 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

The financial statements are prepared in Pound Sterling which is the functional currency of the company and rounded to nearest pound.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts, rebates and value added tax. Turnover includes revenue earned from the sale of goods and from the rendering of services.

Revenue recognition:
Revenue is recognised when the risks and rewards of ownership have substantively transferred to customers, regardless of whether legal title has transferred. This condition is normally met when the goods have been delivered or upon performance of services. The company sells a range of goods to a diversified base of customers around the world and, therefore, believes there is no material concentration of credit risk.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Government grants
The Coronavirus Job Retention Scheme (Furlough) Grants relating to revenue are recognised in income on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate.

Other Covid relief grants are recognised in income when received.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


BURLINGTON GROUP LIMITED (REGISTERED NUMBER: 09855247)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2021


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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account under administrative expenses.

Going concern
The financial statements have been prepared on the going concern basis. The company is reliant on the support of group companies. As part of this support it has been agreed that the debts due by the company to fellow group companies should be written off in order that the company may reassess its operational future.

However, if ongoing support was to be withdrawn the company would be unable to continue in operational existence. Adjustments would then have to be made to reduce the balance sheet values of assets to their recoverable amounts and to provide for any further liabilities that may arise. The company is unable to quantify the effect of such adjustments on the financial statements.

The directors believe that it is appropriate for the financial statements to be prepared on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 2 ) .

BURLINGTON GROUP LIMITED (REGISTERED NUMBER: 09855247)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2021


4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1st January 2021 19,872 125 14,438 1,506 35,941
Disposals (19,872 ) - - - (19,872 )
At 31st December 2021 - 125 14,438 1,506 16,069
DEPRECIATION
At 1st January 2021 - 123 14,149 1,188 15,460
Charge for year - - 264 122 386
At 31st December 2021 - 123 14,413 1,310 15,846
NET BOOK VALUE
At 31st December 2021 - 2 25 196 223
At 31st December 2020 19,872 2 289 318 20,481

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors - 3,232
Other debtors 27,844 12,641
27,844 15,873

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade creditors - 558
Amounts owed to group undertakings - 760,057
Taxation and social security - 579
Other creditors 3,199 3,609
3,199 764,803