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REGISTERED NUMBER: 02584083 (England and Wales)












BURO CONSTRUCT LTD

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023






BURO CONSTRUCT LTD (REGISTERED NUMBER: 02584083)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 28 February 2023




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


BURO CONSTRUCT LTD

COMPANY INFORMATION
for the year ended 28 February 2023







DIRECTORS: P Mulvenna
Mrs E M Mulvenna
Ms C L Mulvenna
D J Mulvenna





SECRETARY: P Mulvenna





REGISTERED OFFICE: Heather Mount
Station Road
CHOBHAM
Surrey
GU24 8AZ





REGISTERED NUMBER: 02584083 (England and Wales)





ACCOUNTANTS: HPCA Limited
Station House
Connaught Road
Brookwood
Woking
Surrey
GU24 0ER

BURO CONSTRUCT LTD (REGISTERED NUMBER: 02584083)

REPORT OF THE DIRECTORS
for the year ended 28 February 2023

The directors present their report with the financial statements of the company for the year ended 28 February 2023.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 March 2022 to the date of this report.

P Mulvenna
Mrs E M Mulvenna
Ms C L Mulvenna
D J Mulvenna

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





P Mulvenna - Secretary


15 November 2023

BURO CONSTRUCT LTD (REGISTERED NUMBER: 02584083)

INCOME STATEMENT
for the year ended 28 February 2023

2023 2022
Notes £    £   

TURNOVER - 133

Cost of sales (9,071 ) (8,839 )
GROSS LOSS (9,071 ) (8,706 )

Administrative expenses (12,355 ) (11,170 )
OPERATING LOSS 4 (21,426 ) (19,876 )

Interest receivable and similar income 5,142 -
LOSS BEFORE TAXATION (16,284 ) (19,876 )

Tax on loss - -
LOSS FOR THE FINANCIAL YEAR (16,284 ) (19,876 )

BURO CONSTRUCT LTD (REGISTERED NUMBER: 02584083)

BALANCE SHEET
28 February 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 5 1,060 1,039

CURRENT ASSETS
Cash at bank 1,105,975 1,127,425

CREDITORS
Amounts falling due within one year 6 (442,689 ) (432,834 )
NET CURRENT ASSETS 663,286 694,591
TOTAL ASSETS LESS CURRENT
LIABILITIES

664,346

695,630

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 662,346 693,630
SHAREHOLDERS' FUNDS 664,346 695,630

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 15 November 2023 and were signed on its behalf by:




P Mulvenna - Director



Mrs E M Mulvenna - Director


BURO CONSTRUCT LTD (REGISTERED NUMBER: 02584083)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 28 February 2023

1. STATUTORY INFORMATION

Buro Construct 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 represents the net amount receivable from the sale of property and provision of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

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.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

BURO CONSTRUCT LTD (REGISTERED NUMBER: 02584083)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 28 February 2023

4. OPERATING LOSS

The operating loss is stated after charging:

2023 2022
£    £   
Depreciation - owned assets 446 548

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2022 9,936 4,882 14,818
Additions - 467 467
At 28 February 2023 9,936 5,349 15,285
DEPRECIATION
At 1 March 2022 9,684 4,095 13,779
Charge for year 75 371 446
At 28 February 2023 9,759 4,466 14,225
NET BOOK VALUE
At 28 February 2023 177 883 1,060
At 28 February 2022 252 787 1,039

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 547 77
Directors' current accounts 439,651 428,170
Accruals 2,491 4,587
442,689 432,834