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Company Registration No. SC556613 (Scotland)
Burraq Investments Limited Unaudited accounts for the year ended 28 February 2023
Burraq Investments Limited Unaudited accounts Contents
Page
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Burraq Investments Limited Company Information for the year ended 28 February 2023
Director
J Amin
Company Number
SC556613 (Scotland)
Registered Office
18 Mosshead Road Bearsden Glasgow G61 3HN
Accountants
Assenti & Noble Ltd 18 Mosshead Road Bearsden Glasgow G61 3HN
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Burraq Investments Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
195,000 
195,000 
Current assets
Debtors
1,687 
8,625 
Cash at bank and in hand
667 
51 
2,354 
8,676 
Creditors: amounts falling due within one year
(216,052)
(212,425)
Net current liabilities
(213,698)
(203,749)
Net liabilities
(18,698)
(8,749)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(18,699)
(8,750)
Shareholders' funds
(18,698)
(8,749)
For the year ending 28 February 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 director acknowledges his 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 and authorised for issue on 23 November 2023 and were signed on its behalf by
J Amin Director Company Registration No. SC556613
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Burraq Investments Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Burraq Investments Limited is a private company, limited by shares, registered in Scotland, registration number SC556613. The registered office is 18 Mosshead Road, Bearsden, Glasgow, G61 3HN.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
No depreciation is provided
Going concern
The balance sheet shows that the company has an excess of liabilities over assets. The accounts have been prepared on a going concern basis assuming the continuing support of the company's director.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 March 2022
195,000 
At 28 February 2023
195,000 
Depreciation
At 28 February 2023
- 
Net book value
At 28 February 2023
195,000 
At 28 February 2022
195,000 
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Burraq Investments Limited Notes to the Accounts for the year ended 28 February 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
8,625 
Accrued income and prepayments
1,687 
- 
1,687 
8,625 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
347 
540 
Loans from directors
215,705 
211,885 
216,052 
212,425 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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