2022-07-01 06038526 2023-06-30 06038526 2022-07-01 2023-06-30 06038526 2022-06-30 06038526 2021-07-01 2022-06-30 06038526 uk-core:WithinOneYear 2022-06-30 06038526 uk-core:WithinOneYear 2023-06-30 06038526 uk-core:AfterOneYear 2022-06-30 06038526 uk-core:AfterOneYear 2023-06-30 06038526 uk-core:ShareCapital 2023-06-30 06038526 uk-core:ShareCapital 2022-06-30 06038526 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 06038526 uk-core:RetainedEarningsAccumulatedLosses 2022-06-30 06038526 uk-bus:Director1 2022-07-01 2023-06-30 06038526 uk-core:WithinOneYear uk-core:Secured 2023-06-30 06038526 uk-core:WithinOneYear uk-core:Secured 2022-06-30 iso4217:GBP xbrli:pure 06038526 uk-bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 06038526 uk-bus:FRS102 2022-07-01 2023-06-30 06038526 uk-bus:FullAccounts 2022-07-01 2023-06-30 06038526 uk-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30
Burston Properties Limited
Registered Number:06038526
For the year ended 30 June 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2023
Burston Properties Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
06038526
As at 30 June 2023
Burston Properties Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
1,793,223
1,795,839
1,793,223
1,795,839
Trade and other payables: amounts falling due within one year
(181,713)
(188,881)
3
(181,713)
(188,881)
Net current liabilities
Total assets less current liabilities
1,604,342
1,614,126
Trade and other payables: amounts falling due after more than one
year
(1,496,993)
(1,436,836)
4
167,506
Net assets
117,133
Capital and reserves
Called up share capital
100
100
Retained earnings
167,406
117,033
167,506
117,133
Shareholders' funds
For the year ended 30 June 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 of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Christiana Norman Director
These financial statements were approved and authorised for issue by the Board on 22 March 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 30 June 2023
Burston Properties Limited
Notes to the Financial Statements
Statutory Information
Burston Properties Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
06038526.
Registered address:
29 Elsynge Road
London
SW18 2HR
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
2. Investment property
The investment properties are held for long-term investment. Investment properties are accounted for in accordance with SSAP19 as follows:(i) no depreciation is provided in respect of investment properties and they are revalued annualy. The surplus or deficit on revaluation is transferred to the revaluation reserve unless a deficit below original cost, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the profit and loss account for the year; and(ii) no depreciation is provided in respect of leasehold investment properties where the lease has over 20 years to run. The treatment as regards the company's investment properties may be a departure from the requirements of the Companies Act concerning the depreciation of fixed assets, however, these properties are not held for consumption but for investment and the directors consider that systematic annual depreciation would be inappropriate. The accounting policy adopted is therefore necessary for the financial statements to give and true and fair view.
3. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft (secured)
59,326
58,495
Taxation and social security
12,249
-
Other creditors
117,306
123,218
188,881
181,713
2 of 3
5
For the year ended 30 June 2023
Burston Properties Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft (secured)
901,836
961,993
Other creditors
535,000
535,000
1,436,836
1,496,993
5. Average number of persons employed
During the year the average number of employees was 0
3 of 3