Company Registration No. 8875697 (England and Wales)
BURY LANGUAGE SCHOOL PROPERTY LIMITED
Unaudited accounts
for the year ended 31 December 2023
BURY LANGUAGE SCHOOL PROPERTY LIMITED
Unaudited accounts
Contents
BURY LANGUAGE SCHOOL PROPERTY LIMITED
Company Information
for the year ended 31 December 2023
Director
Mr Patrick A J Murphy
Company Number
8875697 (England and Wales)
Registered Office
6 DOWNING DRIVE
GREAT BARTON
BURY ST. EDMUNDS
SUFFOLK
IP31 2RP
England
Accountants
Merry Accountancy Services Ltd
6 Downing Drive
Great Barton
Bury St Edmunds
Suffolk
IP31 2RP
BURY LANGUAGE SCHOOL PROPERTY LIMITED
Statement of financial position
as at 31 December 2023
Tangible assets
1,291,705
1,291,705
Cash at bank and in hand
26,853
83,245
Creditors: amounts falling due within one year
(59,666)
(65,496)
Net current (liabilities)/assets
(32,813)
17,749
Total assets less current liabilities
1,258,892
1,309,454
Creditors: amounts falling due after more than one year
(785,740)
(1,148,023)
Net assets
473,152
161,431
Called up share capital
200
200
Profit and loss account
472,952
161,231
Shareholders' funds
473,152
161,431
For the year ending 31 December 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 January 2023 and were signed on its behalf by
Mr Patrick A J Murphy
Director
Company Registration No. 8875697
BURY LANGUAGE SCHOOL PROPERTY LIMITED
Notes to the Accounts
for the year ended 31 December 2023
BURY LANGUAGE SCHOOL PROPERTY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 8875697. The registered office is 6 DOWNING DRIVE, GREAT BARTON, BURY ST. EDMUNDS, SUFFOLK, IP31 2RP, England.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less impairment. The director does not consider that the properties currently have a lower value than their cost.
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Tangible fixed assets
Land & buildings
At 1 January 2023
1,291,705
At 31 December 2023
1,291,705
At 31 December 2023
1,291,705
At 31 December 2022
1,291,705
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
40,000
35,000
Taxes and social security
15,229
12,067
Other creditors
2,837
2,837
BURY LANGUAGE SCHOOL PROPERTY LIMITED
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
785,740
875,518
Amounts owed to group undertakings and other participating interests
-
272,505
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Average number of employees
During the year the average number of employees was 0 (2022: 0).