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REGISTERED NUMBER: 03408891 (England and Wales)















Unaudited Financial Statements For The Year Ended 30 November 2023

for

BURTON SHEET METAL LIMITED

BURTON SHEET METAL LIMITED (REGISTERED NUMBER: 03408891)






Contents of the Financial Statements
For The Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BURTON SHEET METAL LIMITED

Company Information
For The Year Ended 30 November 2023







DIRECTORS: Miss C P Olner
D P Robinson





SECRETARY: K D Olner





REGISTERED OFFICE: 115 Byrkley Street
Burton on Trent
Staffordshire
DE14 2EG





REGISTERED NUMBER: 03408891 (England and Wales)





ACCOUNTANTS: Peach & Co.
Chartered Accountants
115 Byrkley Street
Burton on Trent
Staffordshire
DE14 2EG

BURTON SHEET METAL LIMITED (REGISTERED NUMBER: 03408891)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 80,866 108,077

CURRENT ASSETS
Stocks 45,919 64,323
Debtors 5 204,403 273,983
Cash at bank 222,315 174,571
472,637 512,877
CREDITORS
Amounts falling due within one year 6 113,597 180,244
NET CURRENT ASSETS 359,040 332,633
TOTAL ASSETS LESS CURRENT
LIABILITIES

439,906

440,710

CREDITORS
Amounts falling due after more than one
year

7

(8,333

)

(107,333

)

PROVISIONS FOR LIABILITIES (17,965 ) (19,087 )
NET ASSETS 413,608 314,290

CAPITAL AND RESERVES
Called up share capital 12 12
Capital redemption reserve 4 4
Retained earnings 413,592 314,274
SHAREHOLDERS' FUNDS 413,608 314,290

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

BURTON SHEET METAL LIMITED (REGISTERED NUMBER: 03408891)

Balance Sheet - continued
30 November 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 April 2024 and were signed on its behalf by:





Miss C P Olner - Director


BURTON SHEET METAL LIMITED (REGISTERED NUMBER: 03408891)

Notes to the Financial Statements
For The Year Ended 30 November 2023

1. STATUTORY INFORMATION

Burton Sheet Metal 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 20% on cost and 15% 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

BURTON SHEET METAL LIMITED (REGISTERED NUMBER: 03408891)

Notes to the Financial Statements - continued
For The Year Ended 30 November 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 7 (2022 - 8 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 179,835
Additions 1,719
Disposals (39,956 )
At 30 November 2023 141,598
DEPRECIATION
At 1 December 2022 71,758
Charge for year 15,013
Eliminated on disposal (26,039 )
At 30 November 2023 60,732
NET BOOK VALUE
At 30 November 2023 80,866
At 30 November 2022 108,077

BURTON SHEET METAL LIMITED (REGISTERED NUMBER: 03408891)

Notes to the Financial Statements - continued
For The Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 December 2022
and 30 November 2023 34,647
DEPRECIATION
At 1 December 2022 4,905
Charge for year 3,465
At 30 November 2023 8,370
NET BOOK VALUE
At 30 November 2023 26,277
At 30 November 2022 29,742

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 185,660 255,731
Other debtors 18,743 18,252
204,403 273,983

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 5,000 5,000
Trade creditors 71,140 48,859
Taxation and social security 26,784 106,487
Other creditors 10,673 19,898
113,597 180,244

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 8,333 13,333
Other creditors - 94,000
8,333 107,333

8. ULTIMATE CONTROLLING PARTY

The controlling party is D P Robinson.