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REGISTERED NUMBER: 05574277 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

ALEXANDER BURN LIMITED

ALEXANDER BURN LIMITED (REGISTERED NUMBER: 05574277)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ALEXANDER BURN LIMITED

COMPANY INFORMATION
for the Year Ended 28 February 2023







DIRECTOR: Mr A J Burn





SECRETARY: Mrs J C Burn





REGISTERED OFFICE: 436 High Street
Cheltenham
Gloucestershire
GL50 3JA





REGISTERED NUMBER: 05574277 (England and Wales)





ACCOUNTANTS: Kingscott Dix (Cheltenham) Limited
Chartered Accountants
Malvern View Business Park
Stella Way
Bishops Cleeve
Cheltenham
Gloucestershire
GL52 7DQ

ALEXANDER BURN LIMITED (REGISTERED NUMBER: 05574277)

BALANCE SHEET
28 February 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 183,337 177,912

CURRENT ASSETS
Stocks 3,999 7,091
Debtors 5 267,563 263,903
Cash at bank and in hand 405,123 328,706
676,685 599,700
CREDITORS
Amounts falling due within one year 6 (180,397 ) (149,785 )
NET CURRENT ASSETS 496,288 449,915
TOTAL ASSETS LESS CURRENT
LIABILITIES

679,625

627,827

CREDITORS
Amounts falling due after more than one
year

7

(126,878

)

(99,276

)

PROVISIONS FOR LIABILITIES 8 (22,853 ) (22,853 )
NET ASSETS 529,894 505,698

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 529,794 505,598
SHAREHOLDERS' FUNDS 529,894 505,698

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 director acknowledges his 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.

ALEXANDER BURN LIMITED (REGISTERED NUMBER: 05574277)

BALANCE SHEET - continued
28 February 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 November 2023 and were signed by:





Mr A J Burn - Director


ALEXANDER BURN LIMITED (REGISTERED NUMBER: 05574277)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Alexander Burn 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
The director is of the opinion that there are no significant judgements or estimations used in preparing the financial statements.

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

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.
Improvements to property - 10% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


ALEXANDER BURN LIMITED (REGISTERED NUMBER: 05574277)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 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 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.

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
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2022 - 20 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 March 2022 71,542 38,452 39,568 266,370 415,932
Additions - 1,624 2,864 58,507 62,995
Disposals - - - (45,000 ) (45,000 )
At 28 February 2023 71,542 40,076 42,432 279,877 433,927
DEPRECIATION
At 1 March 2022 55,266 23,043 27,893 131,818 238,020
Charge for year 7,154 2,595 3,635 36,177 49,561
Eliminated on disposal - - - (36,991 ) (36,991 )
At 28 February 2023 62,420 25,638 31,528 131,004 250,590
NET BOOK VALUE
At 28 February 2023 9,122 14,438 10,904 148,873 183,337
At 28 February 2022 16,276 15,409 11,675 134,552 177,912

ALEXANDER BURN LIMITED (REGISTERED NUMBER: 05574277)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 201,151 193,291
Other debtors 66,412 70,612
267,563 263,903

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 4,710 -
Trade creditors 72,889 42,799
Tax 44,260 38,475
Social security and other taxes 13,639 24,787
Other creditors 17,121 14,360
Directors' current accounts 835 474
Accrued expenses 26,943 28,890
180,397 149,785

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 33,404 -
Payments on account 93,474 99,276
126,878 99,276

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 22,853 22,853

Deferred
tax
£   
Balance at 1 March 2022 22,853
Balance at 28 February 2023 22,853

9. ULTIMATE CONTROLLING PARTY

The company was under the control of Mr A.J. Burn through out the period.