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REGISTERED NUMBER: 04405959 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Burnhill Kitchens Limited

Burnhill Kitchens Limited (Registered number: 04405959)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Burnhill Kitchens Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: M V D'Arcy
J C L D'Arcy
S H D'Arcy





SECRETARY: M V D'Arcy





REGISTERED OFFICE: Unit 2
Woodgate Business Park
13 Vale Rise
Tonbridge
Kent
TN9 1TB





REGISTERED NUMBER: 04405959 (England and Wales)





ACCOUNTANTS: Peter Hodgson & Co.
Chartered Accountants
Shadwell House
65 Lower Green Road
Tunbridge Wells
Kent
TN4 8TW

Burnhill Kitchens Limited (Registered number: 04405959)

Statement of Financial Position
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 110,276 133,146

CURRENT ASSETS
Inventories 5 140,000 70,000
Debtors 6 205,776 238,245
Cash at bank 518,108 713,799
863,884 1,022,044
CREDITORS
Amounts falling due within one year 7 896,089 975,013
NET CURRENT (LIABILITIES)/ASSETS (32,205 ) 47,031
TOTAL ASSETS LESS CURRENT
LIABILITIES

78,071

180,177

CREDITORS
Amounts falling due after more than one
year

8

-

(112,284

)

PROVISIONS FOR LIABILITIES 9 (20,952 ) (25,297 )
NET ASSETS 57,119 42,596

CAPITAL AND RESERVES
Called up share capital 10 200 200
Retained earnings 11 56,919 42,396
SHAREHOLDERS' FUNDS 57,119 42,596

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.

Burnhill Kitchens Limited (Registered number: 04405959)

Statement of Financial Position - 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.

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 25 September 2023 and were signed on its behalf by:





M V D'Arcy - Director


Burnhill Kitchens Limited (Registered number: 04405959)

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

1. STATUTORY INFORMATION

Burnhill Kitchens 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.

Significant judgements and estimates
There are no significant judgements or estimates pertaining to these accounts that the directors feel need to be brought to the attention of users of these accounts.

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

Deposits are recognised as revenue on receipt as they are non-refundable and on the basis that planning and design costs have been incurred at the date of payment of the deposit.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - over the period of the lease
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 25% 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.

Appliances are treated as trading stock for resale rather than as fixed assets. Kitchen carcasses and work tops are treated as fixtures and depreciated accordingly as they are generally not regarded as saleable once installed.

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 statement of financial position date.


Burnhill Kitchens Limited (Registered number: 04405959)

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

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

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.

Financial instruments
Financial instruments including bank and cash balances are stated at fair value.

Functional currency
The functional currency used by the company is £ Sterling.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2022 - NIL ) .

4. PROPERTY, PLANT AND EQUIPMENT
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2022 27,171 13,145 387,906
Disposals - - (100,000 )
At 31 March 2023 27,171 13,145 287,906
DEPRECIATION
At 1 April 2022 27,171 8,985 283,726
Charge for year - 1,040 15,627
Eliminated on disposal - - (100,000 )
At 31 March 2023 27,171 10,025 199,353
NET BOOK VALUE
At 31 March 2023 - 3,120 88,553
At 31 March 2022 - 4,160 104,180

Burnhill Kitchens Limited (Registered number: 04405959)

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

4. PROPERTY, PLANT AND EQUIPMENT - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2022 82,820 35,522 546,564
Disposals - - (100,000 )
At 31 March 2023 82,820 35,522 446,564
DEPRECIATION
At 1 April 2022 72,228 21,308 413,418
Charge for year 2,649 3,554 22,870
Eliminated on disposal - - (100,000 )
At 31 March 2023 74,877 24,862 336,288
NET BOOK VALUE
At 31 March 2023 7,943 10,660 110,276
At 31 March 2022 10,592 14,214 133,146

5. INVENTORIES
2023 2022
£    £   
Stocks 25,000 70,000
Work-in-progress 115,000 -
140,000 70,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 98,661 133,837
Other debtors & prepayments 60,513 76,629
Due to related parties 22,154 -
Directors' current accounts 24,448 27,779
205,776 238,245

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 764,785 879,315
Tax 48,728 44,953
VAT and social security 75,253 41,376
Directors' current accounts - 2,902
Accruals & other creditors 7,323 6,467
896,089 975,013

Burnhill Kitchens Limited (Registered number: 04405959)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Due to related parties - 112,284

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 20,952 25,297

Deferred
tax
£   
Balance at 1 April 2022 25,297
Provided during year (4,345 )
Balance at 31 March 2023 20,952

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
200 Ordinary £1 200 200

11. RESERVES
Retained
earnings
£   

At 1 April 2022 42,396
Profit for the year 142,567
Dividends (128,044 )
At 31 March 2023 56,919