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REGISTERED NUMBER: 05449975 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

BURLINGFORD ESTATES LTD

BURLINGFORD ESTATES LTD (REGISTERED NUMBER: 05449975)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


BURLINGFORD ESTATES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTOR: C Aksler





REGISTERED OFFICE: 74 Brent Street
London
NW4 2ES





REGISTERED NUMBER: 05449975 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

BURLINGFORD ESTATES LTD (REGISTERED NUMBER: 05449975)

STATEMENT OF FINANCIAL POSITION
31 MAY 2023

31.5.23 31.5.22
Notes £    £   
FIXED ASSETS
Investment property 4 877,505 877,505

CURRENT ASSETS
Debtors 5 92,648 79,431
Cash at bank 11,604 4,005
104,252 83,436
CREDITORS
Amounts falling due within one year 6 (780,523 ) (730,407 )
NET CURRENT LIABILITIES (676,271 ) (646,971 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

201,234

230,534

PROVISIONS FOR LIABILITIES (13,000 ) (13,000 )
NET ASSETS 188,234 217,534

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 188,233 217,533
SHAREHOLDERS' FUNDS 188,234 217,534

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

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 19 February 2024 and were signed by:



C Aksler - Director


BURLINGFORD ESTATES LTD (REGISTERED NUMBER: 05449975)

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

1. STATUTORY INFORMATION

BURLINGFORD ESTATES LTD 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net rent receivable, excluding value added tax.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2022
and 31 May 2023 877,505
NET BOOK VALUE
At 31 May 2023 877,505
At 31 May 2022 877,505

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 13,794 -
Other debtors 78,854 79,431
92,648 79,431

BURLINGFORD ESTATES LTD (REGISTERED NUMBER: 05449975)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans and overdrafts 608,257 593,763
Trade creditors 28,472 12,618
Tax 440 440
Other creditors 142,634 122,866
Accrued expenses 720 720
780,523 730,407

7. SECURED DEBTS

The following secured debts are included within creditors:

31.5.23 31.5.22
£    £   
Bank loans 608,257 593,763

Long term bank loan is secured by first charge over the company's investment property.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.23 31.5.22
value: £    £   
1 Ordinary £1 1 1

9. RESERVES
Retained
earnings
£   

At 1 June 2022 217,533
Deficit for the year (29,300 )
At 31 May 2023 188,233

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is C Aksler.