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REGISTERED NUMBER: 04670759 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Burton & Smith Ltd

Burton & Smith Ltd (Registered number: 04670759)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Burton & Smith Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTORS: A W Burton
A J Burton





SECRETARY: Mrs S Burton





REGISTERED OFFICE: 32 P Heming Road
Washford Industrial Estate
Redditch
Worcestershire
B98 0DH





REGISTERED NUMBER: 04670759 (England and Wales)





ACCOUNTANTS: Brotherton & Co
Abbeydale House
166 Easemore Road
Riverside
Redditch
Worcestershire
B98 8HE

Burton & Smith Ltd (Registered number: 04670759)

Abridged Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 47,804 31,287
47,804 31,287

CURRENT ASSETS
Stocks 875 795
Debtors 35,360 33,533
Cash at bank and in hand 50,387 21,949
86,622 56,277
CREDITORS
Amounts falling due within one year 90,879 62,619
NET CURRENT LIABILITIES (4,257 ) (6,342 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

43,547

24,945

CREDITORS
Amounts falling due after more than one
year

-

2,181
NET ASSETS 43,547 22,764

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 43,347 22,564
SHAREHOLDERS' FUNDS 43,547 22,764

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

Burton & Smith Ltd (Registered number: 04670759)

Abridged Balance Sheet - continued
31 March 2023


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 8 September 2023 and were signed on its behalf by:




A W Burton - Director



A J Burton - Director


Burton & Smith Ltd (Registered number: 04670759)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Burton & Smith 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 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 25% on reducing balance and 15% on reducing balance

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2022
and 31 March 2023 15,000
AMORTISATION
At 1 April 2022
and 31 March 2023 15,000
NET BOOK VALUE

At 31 March 2023 -
At 31 March 2022 -

Burton & Smith Ltd (Registered number: 04670759)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2022 90,291
Additions 25,078
At 31 March 2023 115,369
DEPRECIATION
At 1 April 2022 59,004
Charge for year 8,561
At 31 March 2023 67,565
NET BOOK VALUE
At 31 March 2023 47,804
At 31 March 2022 31,287