IRIS Accounts Production v23.3.1.45 04662982 Board of Directors Board of Directors 1.3.22 28.2.23 28.2.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh046629822022-02-28046629822023-02-28046629822022-03-012023-02-28046629822021-02-28046629822021-03-012022-02-28046629822022-02-2804662982ns10:Originalns15:EnglandWales2022-03-012023-02-2804662982ns14:PoundSterlingns10:Original2022-03-012023-02-2804662982ns10:Originalns10:Director12022-03-012023-02-2804662982ns10:Original2022-03-012023-02-2804662982ns10:Originalns10:Director22022-03-012023-02-2804662982ns10:Original2023-02-2804662982ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-2804662982ns10:Originalns10:SmallEntities2022-03-012023-02-2804662982ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2804662982ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2804662982ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-2804662982ns10:Originalns10:AbridgedAccounts2022-03-012023-02-2804662982ns10:CompanySecretary1ns10:Original2022-03-012023-02-2804662982ns10:Originalns10:RegisteredOffice2022-03-012023-02-2804662982ns10:Original2022-02-2804662982ns10:Originalns5:CurrentFinancialInstruments2023-02-2804662982ns10:Originalns5:CurrentFinancialInstruments2022-02-2804662982ns10:Originalns5:Non-currentFinancialInstruments2023-02-2804662982ns10:Originalns5:Non-currentFinancialInstruments2022-02-2804662982ns5:ShareCapitalns10:Original2023-02-2804662982ns5:ShareCapitalns10:Original2022-02-2804662982ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-2804662982ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2804662982ns10:Originalns5:PlantMachinery2022-03-012023-02-2804662982ns10:Originalns5:MotorVehicles2022-03-012023-02-2804662982ns10:Originalns5:ComputerEquipment2022-03-012023-02-2804662982ns10:Original2021-03-012022-02-2804662982ns10:Original2022-02-28
REGISTERED NUMBER: 04662982 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

L W BURROWS & SON LIMITED

L W BURROWS & SON LIMITED (REGISTERED NUMBER: 04662982)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 February 2023










Page

Company Information 1

Abridged Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


L W BURROWS & SON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 February 2023







DIRECTORS: Mr E A J Yeo
Mrs J L Yeo





SECRETARY: Mrs J L Yeo





REGISTERED OFFICE: 2 Elmbridge Avenue
Surbiton
Surrey
KT5 9EX





REGISTERED NUMBER: 04662982 (England and Wales)





ACCOUNTANTS: Wallis White & Co
Accountants and Tax Consultants
The Ivy House
1 Folly Lane
Petersfield
Hampshire
GU31 4AU

L W BURROWS & SON LIMITED (REGISTERED NUMBER: 04662982)

ABRIDGED BALANCE SHEET
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,302 15,840

CURRENT ASSETS
Stocks 900 900
Debtors 70,084 87,605
Cash at bank 21,840 17,521
92,824 106,026
CREDITORS
Amounts falling due within one year 59,808 70,403
NET CURRENT ASSETS 33,016 35,623
TOTAL ASSETS LESS CURRENT
LIABILITIES

43,318

51,463

CREDITORS
Amounts falling due after more than one
year

5

(39,486

)

(47,400

)

PROVISIONS FOR LIABILITIES (2,576 ) (2,928 )
NET ASSETS 1,256 1,135

CAPITAL AND RESERVES
Called up share capital 140 140
Retained earnings 1,116 995
SHAREHOLDERS' FUNDS 1,256 1,135

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.

L W BURROWS & SON LIMITED (REGISTERED NUMBER: 04662982)

ABRIDGED 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 28 February 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 26 November 2023 and were signed on its behalf by:




Mr E A J Yeo - Director



Mrs J L Yeo - Director


L W BURROWS & SON LIMITED (REGISTERED NUMBER: 04662982)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 February 2023


1. STATUTORY INFORMATION

L W Burrows & Son 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.

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

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

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

L W BURROWS & SON LIMITED (REGISTERED NUMBER: 04662982)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 February 2023


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2022 80,680
Additions 665
Disposals (32,255 )
At 28 February 2023 49,090
DEPRECIATION
At 1 March 2022 64,840
Charge for year 3,104
Eliminated on disposal (29,156 )
At 28 February 2023 38,788
NET BOOK VALUE
At 28 February 2023 10,302
At 28 February 2022 15,840

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
28.2.23 28.2.22
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 39,486 45,000