IRIS Accounts Production v23.3.1.45 04536815 director 1.11.22 31.10.23 31.10.23 false true false false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh045368152022-10-31045368152023-10-31045368152022-11-012023-10-31045368152021-10-31045368152021-11-012022-10-31045368152022-10-3104536815ns10:Originalns15:EnglandWales2022-11-012023-10-3104536815ns14:PoundSterlingns10:Original2022-11-012023-10-3104536815ns10:Originalns10:Director12022-11-012023-10-3104536815ns10:Original2022-11-012023-10-3104536815ns10:Original2023-10-3104536815ns10:Originalns10:PrivateLimitedCompanyLtd2022-11-012023-10-3104536815ns10:Originalns10:SmallEntities2022-11-012023-10-3104536815ns10:Originalns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3104536815ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3104536815ns10:SmallCompaniesRegimeForAccountsns10:Original2022-11-012023-10-3104536815ns10:Originalns10:FullAccounts2022-11-012023-10-3104536815ns10:Original12022-11-012023-10-3104536815ns10:Originalns10:OrdinaryShareClass12022-11-012023-10-3104536815ns10:CompanySecretary1ns10:Original2022-11-012023-10-3104536815ns10:Originalns10:RegisteredOffice2022-11-012023-10-3104536815ns10:Original2022-10-3104536815ns10:Originalns5:CurrentFinancialInstruments2023-10-3104536815ns10:Originalns5:CurrentFinancialInstruments2022-10-3104536815ns5:ShareCapitalns10:Original2023-10-3104536815ns5:ShareCapitalns10:Original2022-10-3104536815ns10:Originalns5:RevaluationReserve2023-10-3104536815ns10:Originalns5:RevaluationReserve2022-10-3104536815ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-10-3104536815ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-10-3104536815ns10:Originalns5:NetGoodwill2022-11-012023-10-3104536815ns10:Originalns5:PlantMachinery2022-11-012023-10-3104536815ns10:Originalns5:FurnitureFittings2022-11-012023-10-3104536815ns10:Originalns5:MotorVehicles2022-11-012023-10-3104536815ns10:Originalns5:ComputerEquipment2022-11-012023-10-3104536815ns10:Original2021-11-012022-10-3104536815ns10:Originalns5:NetGoodwill2022-10-3104536815ns10:Originalns5:NetGoodwill2023-10-3104536815ns10:Originalns5:NetGoodwill2022-10-3104536815ns10:Originalns5:PlantMachinery2022-10-3104536815ns10:Originalns5:PlantMachinery2023-10-3104536815ns10:Originalns5:PlantMachinery2022-10-3104536815ns10:Original2022-10-3104536815ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3104536815ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3104536815ns10:Originalns10:OrdinaryShareClass12023-10-3104536815ns10:Originalns5:RevaluationReserve2022-10-31
REGISTERED NUMBER: 04536815 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

BURTON & SISSENS LIMITED

BURTON & SISSENS LIMITED (REGISTERED NUMBER: 04536815)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BURTON & SISSENS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: J D Burton





SECRETARY: J D Burton





REGISTERED OFFICE: Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ





REGISTERED NUMBER: 04536815 (England and Wales)





ACCOUNTANTS: Lloyd Dowson Limited
Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ

BURTON & SISSENS LIMITED (REGISTERED NUMBER: 04536815)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 23,887 31,761
Investment property 6 480,000 365,000
503,887 396,761

CURRENT ASSETS
Stocks 9,161 7,500
Debtors 7 49,196 62,707
Cash at bank and in hand 68,371 121,562
126,728 191,769
CREDITORS
Amounts falling due within one year 8 47,526 43,933
NET CURRENT ASSETS 79,202 147,836
TOTAL ASSETS LESS CURRENT
LIABILITIES

583,089

544,597

PROVISIONS FOR LIABILITIES 49,561 43,938
NET ASSETS 533,528 500,659

CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 115,783 94,397
Retained earnings 417,645 406,162
SHAREHOLDERS' FUNDS 533,528 500,659

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 & SISSENS LIMITED (REGISTERED NUMBER: 04536815)

BALANCE SHEET - continued
31 OCTOBER 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 director and authorised for issue on 6 February 2024 and were signed by:





J D Burton - Director


BURTON & SISSENS LIMITED (REGISTERED NUMBER: 04536815)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

Burton & Sissens 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 as modified by the revaluation of certain assets.

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

Turnover relates to income derived from roofing services and is recognised on completion of work.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of ten years.

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 - 15% on reducing balance
Tractors - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


BURTON & SISSENS LIMITED (REGISTERED NUMBER: 04536815)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

2. ACCOUNTING POLICIES - continued
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.

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 7 (2022 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 50,000
AMORTISATION
At 1 November 2022
and 31 October 2023 50,000
NET BOOK VALUE
At 31 October 2023 -
At 31 October 2022 -

BURTON & SISSENS LIMITED (REGISTERED NUMBER: 04536815)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022
and 31 October 2023 86,418
DEPRECIATION
At 1 November 2022 54,657
Charge for year 7,874
At 31 October 2023 62,531
NET BOOK VALUE
At 31 October 2023 23,887
At 31 October 2022 31,761

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2022 365,000
Additions 85,904
Revaluations 29,096
At 31 October 2023 480,000
NET BOOK VALUE
At 31 October 2023 480,000
At 31 October 2022 365,000

Fair value at 31 October 2023 is represented by:
£   
Valuation in 2018 45,309
Valuation in 2021 68,123
Valuation in 2022 15,000
Valuation in 2023 29,096
Cost 322,472
480,000

If investment properties had not been revalued they would have been included at the following historical cost:

31.10.23 31.10.22
£    £   
Cost 314,473 236,568

Investment properties were valued on an open market basis on 31 October 2023 by the director .

BURTON & SISSENS LIMITED (REGISTERED NUMBER: 04536815)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 48,370 61,688
Other debtors 826 1,019
49,196 62,707

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 12,164 13,533
Taxation and social security 20,629 17,129
Other creditors 14,733 13,271
47,526 43,933

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Revaluation
reserve
£   
At 1 November 2022 94,397
Transfer to non-distributable reserve 21,386

At 31 October 2023 115,783