Relate AccountsProduction v2.7.3 v2.7.3 2022-07-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is that of a pension administrator and financial services advisor. 11 January 2024 0 0 01134860 2023-06-30 01134860 2022-06-30 01134860 2021-06-30 01134860 2022-07-01 2023-06-30 01134860 2021-07-01 2022-06-30 01134860 uk-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 01134860 uk-curr:PoundSterling 2022-07-01 2023-06-30 01134860 uk-bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 01134860 uk-bus:FullAccounts 2022-07-01 2023-06-30 01134860 uk-bus:Director1 2022-07-01 2023-06-30 01134860 uk-bus:CompanySecretary1 2022-07-01 2023-06-30 01134860 uk-bus:RegisteredOffice 2022-07-01 2023-06-30 01134860 uk-bus:Agent1 2022-07-01 2023-06-30 01134860 uk-core:ShareCapital 2023-06-30 01134860 uk-core:ShareCapital 2022-06-30 01134860 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 01134860 uk-core:RetainedEarningsAccumulatedLosses 2022-06-30 01134860 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-06-30 01134860 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-06-30 01134860 uk-bus:FRS102 2022-07-01 2023-06-30 01134860 uk-core:CurrentFinancialInstruments 2023-06-30 01134860 uk-core:CurrentFinancialInstruments 2022-06-30 01134860 uk-core:WithinOneYear 2023-06-30 01134860 uk-core:WithinOneYear 2022-06-30 01134860 uk-core:ParentEntities 2022-07-01 2023-06-30 01134860 2022-07-01 2023-06-30 01134860 uk-bus:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: 01134860
 
 
Berkeley, Burke & Company Limited
 
Unaudited Financial Statements
 
for the financial year ended 30 June 2023
Berkeley, Burke & Company Limited
DIRECTOR AND OTHER INFORMATION

 
Director Grahame Berkeley
 
 
Company Secretary
 
 
Company Registration Number 01134860
 
 
Registered Office and Business Address Shawell Manor Main Street
Shawell
Lutterworth
LE17 6AG
England
 
 
Bankers HSBC Bank
  2 - 6 Gallowtree Gate
  Leicester
  Leicestershire
  LE1 1DA
  United Kingdom
 
   
Solicitors M&S Solicitors Limited
  20 Newton Road
  Heather
  Leicestershire
  LE67 2RD.
  United Kingdom



Berkeley, Burke & Company Limited
Company Registration Number: 01134860
STATEMENT OF FINANCIAL POSITION
as at 30 June 2023

2023 2022
Notes £ £
 
Current Assets
Receivables 5 - 164,500
Cash and cash equivalents 6,317 90
───────── ─────────
6,317 164,590
───────── ─────────
Payables: amounts falling due within one year 6 (6,348) (121)
───────── ─────────
Net Current (Liabilities)/Assets (31) 164,469
───────── ─────────
Total Assets less Current Liabilities (31) 164,469
═════════ ═════════
 
Equity
Called up share capital 50,000 50,000
Retained earnings (50,031) 114,469
───────── ─────────
Equity attributable to owners of the company (31) 164,469
═════════ ═════════
 
The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Income Statement and Director's Report.
           
For the financial year ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 11 January 2024
           
Grahame Berkeley          
Director          
           



Berkeley, Burke & Company Limited
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 30 June 2023

   
1. General Information
 
Berkeley, Burke & Company Limited is a company limited by shares incorporated in the United Kingdom. The registered office of the company is Shawell Manor Main Street, Shawell, Lutterworth, LE17 6AG, England which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound Sterling (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 30 June 2023 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Trade and other receivables
Trade and other receivables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other payables
Trade and other payables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. Significant accounting judgements and key sources of estimation uncertainty
 
The preparation of these financial statements requires management to make judgements, estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities, income and expenses.

Judgements and estimates are continually evaluated and are based on historical experiences and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

The company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year such as bad debts provision.

Disclosure of information about assumptions and other major sources of estimation uncertainty at the end of the reporting period enhances the relevance, liability and understandability of the information reported in the financial statements.
       
4. Employees
 
The average monthly number of employees, including director, during the financial year was 0. (2022 - 0).
       
5. Receivables 2023 2022
  £ £
 
Amounts owed by group undertakings - 164,500
  ═════════ ═════════
       
6. Payables 2023 2022
Amounts falling due within one year £ £
 
Other creditors 6,348 121
  ═════════ ═════════
           
7. Related party transactions
The company has availed of the exemption under FRS 102 Section 1A in relation to the disclosure of transactions with group undertakings.
   
8. Parent company
 
The company regards Berkeley Burke Group Limited as its parent company.
 
   
9. Controlling interest
 
The ultimate controlling party of the company is Grahame Berkeley.
   
10. Events After the End of the Reporting Period
 
There have been no significant events affecting the company since the financial year-end.
       
11. Future Development
 
The company and the entire Group continues to trade profitably and, the directors are confident that the company has a strong future ahead of it.

However, the Group Chairman and principal shareholder, having started the business 46 years ago and nurtured and developed it over his time at the helm, is of an age where he feels he wants to retire from business and give more time to his private life.

The Directors are therefore reviewing how best to restructure the Group to accommodate his wishes in a way which protects the interests of the business, the future of the staff, and the continuation of excellent service and advice to its clients.