Company Registration No. NI644477 (Northern Ireland)
Burger Republic (N.I.) Botanic Limited
Unaudited accounts
for the year ended 31 March 2023
Burger Republic (N.I.) Botanic Limited
Unaudited accounts
Contents
Burger Republic (N.I.) Botanic Limited
Company Information
for the year ended 31 March 2023
Directors
Elaine Catterson
Paul Catterson
Company Number
NI644477 (Northern Ireland)
Registered Office
139a Kilrea Road
Upperlands
Maghera
Derry
BT46 5TA
Accountants
Gray + Press Accountants Limited
Unit 4A Channel Wharf
21 Old Channel Road
Belfast
BT3 9DE
Burger Republic (N.I.) Botanic Limited
Statement of financial position
as at 31 March 2023
Intangible assets
6,732
5,598
Tangible assets
55,920
49,347
Cash at bank and in hand
144,712
142,385
Creditors: amounts falling due within one year
(130,211)
(134,082)
Net current assets
25,997
21,427
Total assets less current liabilities
88,649
76,372
Creditors: amounts falling due after more than one year
(23,524)
(35,760)
Called up share capital
100
100
Profit and loss account
65,025
40,512
Shareholders' funds
65,125
40,612
For the year ending 31 March 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 4 October 2023 and were signed on its behalf by
Paul Catterson
Director
Company Registration No. NI644477
Burger Republic (N.I.) Botanic Limited
Notes to the Accounts
for the year ended 31 March 2023
Burger Republic (N.I.) Botanic Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI644477. The registered office is 139a Kilrea Road, Upperlands, Maghera, Derry, BT46 5TA.
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:
Land & buildings
2% Straight Line
Plant & machinery
20% Straight Line
Motor vehicles
20% Straight Line
Fixtures & fittings
20% Straight Line
Computer equipment
15% Straight Line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets are included at cost less accumulated amortisation. Amortisation is charged at 20% straight line.
Burger Republic (N.I.) Botanic Limited
Notes to the Accounts
for the year ended 31 March 2023
4
Intangible fixed assets
Other
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2022
30,542
68,440
19,295
17,154
4,287
139,718
Additions
-
5,040
-
11,358
1,911
18,309
At 31 March 2023
30,542
73,480
19,295
28,512
6,198
158,027
At 1 April 2022
1,222
66,552
11,127
10,336
1,134
90,371
Charge for the year
611
1,458
3,859
4,879
929
11,736
At 31 March 2023
1,833
68,010
14,986
15,215
2,063
102,107
At 31 March 2023
28,709
5,470
4,309
13,297
4,135
55,920
At 31 March 2022
29,320
1,888
8,168
6,818
3,153
49,347
Amounts falling due within one year
Amounts due from group undertakings etc.
7,705
7,510
Burger Republic (N.I.) Botanic Limited
Notes to the Accounts
for the year ended 31 March 2023
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
9,678
7,120
Trade creditors
46,943
29,470
Amounts owed to group undertakings and other participating interests
3,766
3,766
Taxes and social security
3,557
46,044
Other creditors
24,368
24,198
8
Creditors: amounts falling due after more than one year
2023
2022
9
Average number of employees
During the year the average number of employees was 20 (2022: 22).