Caseware UK (AP4) 2023.0.135 2023.0.135 2023-09-302023-09-30false2022-10-01No description of principal activity2125truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03434774 2022-10-01 2023-09-30 03434774 2021-10-01 2022-09-30 03434774 2023-09-30 03434774 2022-09-30 03434774 c:Director1 2022-10-01 2023-09-30 03434774 c:Director4 2022-10-01 2023-09-30 03434774 c:Director5 2022-10-01 2023-09-30 03434774 c:Director6 2022-10-01 2023-09-30 03434774 d:Buildings d:ShortLeaseholdAssets 2022-10-01 2023-09-30 03434774 d:PlantMachinery 2022-10-01 2023-09-30 03434774 d:PlantMachinery 2023-09-30 03434774 d:PlantMachinery 2022-09-30 03434774 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 03434774 d:FurnitureFittings 2022-10-01 2023-09-30 03434774 d:FurnitureFittings 2023-09-30 03434774 d:FurnitureFittings 2022-09-30 03434774 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 03434774 d:ComputerEquipment 2022-10-01 2023-09-30 03434774 d:ComputerEquipment 2023-09-30 03434774 d:ComputerEquipment 2022-09-30 03434774 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 03434774 d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 03434774 d:CurrentFinancialInstruments 2023-09-30 03434774 d:CurrentFinancialInstruments 2022-09-30 03434774 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 03434774 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 03434774 d:ShareCapital 2023-09-30 03434774 d:ShareCapital 2022-09-30 03434774 d:CapitalRedemptionReserve 2023-09-30 03434774 d:CapitalRedemptionReserve 2022-09-30 03434774 d:RetainedEarningsAccumulatedLosses 2023-09-30 03434774 d:RetainedEarningsAccumulatedLosses 2022-09-30 03434774 c:FRS102 2022-10-01 2023-09-30 03434774 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 03434774 c:FullAccounts 2022-10-01 2023-09-30 03434774 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 03434774 d:AcceleratedTaxDepreciationDeferredTax 2023-09-30 03434774 d:AcceleratedTaxDepreciationDeferredTax 2022-09-30 03434774 2 2022-10-01 2023-09-30 03434774 e:PoundSterling 2022-10-01 2023-09-30 iso4217:GBP xbrli:pure
Registered number: 03434774






BURWELL ARCHITECTS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023









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BURWELL ARCHITECTS LIMITED
REGISTERED NUMBER:03434774

BALANCE SHEET
AS AT 30 SEPTEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
21,332
42,840

  
21,332
42,840

Current assets
  

Stocks
 5 
34,307
93,242

Debtors: amounts falling due within one year
 6 
379,348
506,247

Cash at bank and in hand
 7 
292,012
347,058

  
705,667
946,547

Creditors: amounts falling due within one year
 8 
(106,185)
(310,788)

Net current assets
  
 
 
599,482
 
 
635,759

Total assets less current liabilities
  
620,814
678,599

Provisions for liabilities
  

Deferred tax
 9 
(11,404)
(20,149)

  
 
 
(11,404)
 
 
(20,149)

Net assets
  
609,410
658,450


Capital and reserves
  

Called up share capital 
  
301
301

Capital redemption reserve
  
20
20

Profit and loss account
  
609,089
658,129

  
609,410
658,450


Page 1

 
BURWELL ARCHITECTS LIMITED
REGISTERED NUMBER:03434774
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




N P Burwell
S Parkes
Director
Director



C Gilbert
Director



C Leadlay
Director


Date: 22 March 2024

Page 2

 
BURWELL ARCHITECTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


General information

Burwell Deakins Architects Limited is a priviate limited company, registered in England and Wales, registration number 03434774. Its registered office is Ground Floor California Building, Deals Gateway, London, SE13 7SF.
The principal activity of the company continued to be that of architecture and engineering.
On the 16 May 2023, the company disposed of the Low Rise Residential part of the business to Burwell Residential Limited.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
BURWELL ARCHITECTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
BURWELL ARCHITECTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a straight line and reducing balance basis.

Depreciation is provided on the following bases:

S/Term Leasehold Property
-
10% Straight Line
Plant & machinery
-
25% Reducing Balance
Fixtures & fittings
-
20% Reducing Balance
Computer equipment
-
25% Reducing Balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.12

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
BURWELL ARCHITECTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.13

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.14

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 21 (2022 -25).


4.


Tangible fixed assets





Plant & machinery
Fixtures & fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 October 2022
40,070
91,859
136,038
267,967


Additions
-
1,172
4,972
6,144


Disposals
(1,683)
(7,987)
(40,083)
(49,753)



At 30 September 2023

38,387
85,044
100,927
224,358



Depreciation


At 1 October 2022
38,755
82,487
103,885
225,127


Charge for the year on owned assets
209
811
5,700
6,720


Disposals
(1,196)
(1,704)
(25,921)
(28,821)



At 30 September 2023

37,768
81,594
83,664
203,026



Net book value



At 30 September 2023
619
3,450
17,263
21,332



At 30 September 2022
1,315
9,372
32,153
42,840

Page 6

 
BURWELL ARCHITECTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

5.


Stocks

2023
2022
£
£

Work in progress
34,307
93,242

34,307
93,242



6.


Debtors

2023
2022
£
£


Trade debtors
231,921
410,595

Amounts owed by group undertakings
35,735
-

Other debtors
22,053
-

Prepayments and accrued income
89,639
95,652

379,348
506,247



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
292,012
347,058

292,012
347,058



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
14,132
5,770

Amounts owed to group undertakings
1,505
-

Taxation and social security
46,214
180,160

Other creditors
5,423
108,729

Accruals and deferred income
38,911
16,129

106,185
310,788


The company has a fixed and floating charge over the property of the business dated the 4 March 2021 in the favour of Nicholas Burwell.  The security is being provided under a cross-guarantee in respect of liabilities of the holding company, Burwell Holdings Limited.

Page 7

 
BURWELL ARCHITECTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

9.


Deferred taxation




2023


£






At beginning of year
(20,149)


Charged to profit or loss
8,745



At end of year
(11,404)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(11,404)
(20,149)

(11,404)
(20,149)


10.


Pension commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £46,866 (2022: £62,625). Contributions totalling £5,423 (2022: £7,185) were payable to the fund at the balance sheet date and are included in creditors.

 
Page 8