Registered number
02080438
Burford Estate & Property Co. Limited
Filleted Abridged Accounts
30 November 2023
Burford Estate & Property Co. Limited
Registered number: 02080438
Abridged Balance Sheet
as at 30 November 2023
Notes 2023 2022
£ £
Current assets
Debtors 4 239,992 208,625
Creditors: amounts falling due within one year 5 (23,249) (1,850)
Net current assets 216,743 206,775
Net assets 216,743 206,775
Capital and reserves
Called up share capital 2 2
Profit and loss account 216,741 206,773
Shareholders' funds 216,743 206,775
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.
J Gleek
Director
Approved by the board on 18 April 2024
Burford Estate & Property Co. Limited
Notes to the Abridged Accounts
for the year ended 30 November 2023
1 Accounting policies
Basis of preparation
The abridged accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
2 Related party exemption
The company has taken advantage of exemption in Financial Reporting Standard 102 not to disclose related party transactions with wholly owned entities within the group.
3 Turnover
Turnover represents the rent received and gross proceeds receivable on sale of trading properties during the year.
4 Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2023 2022
£ £
Amount owed to group undertaking 238,203 206,756
Prepayments 1,789 1,869
239,992 208,625
5 Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2023 2022
£ £
Corporation tax 21,383 0
Accruals 1,866 1,850
23,249 1,850
6 Taxation
Taxation comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets or 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated, but not reversed, at the statement of financial position date.

Timing differences arise from the inclusion of income and expenditure 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 timing differences.

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.
7 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 0
8 Called up share capital 2023 2022
£ £
Allotted, called and fully paid 2 ordinary shares of £1 each 2 2
9 Immediate and ultimate holding company
The immediate holding company is Burford ZZ Limited.
The ultimate holding company is J Gleek Properties Limited, a company registered in England
and Wales.
10 Other information
Burford Estate & Property Co. Limited is a private company limited by shares and incorporated in England. Its registered office is:
Richmond House
Avonmouth Way
Avonmouth
Bristol
England
BS11 8DE
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