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REGISTERED NUMBER: 00218198 (England and Wales)















Financial Statements for the Year Ended 31 December 2023

for

Burwood Park Estate Limited

Burwood Park Estate Limited (Registered number: 00218198)

Contents of the Financial Statements
for the Year Ended 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Burwood Park Estate Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mr B G Williams
Mrs C M Prescott
Mr D A George
Mr D E Sutcliffe
Mr A G Van Hoffen
Mrs A Davis
Mr T Dal





REGISTERED OFFICE: Springfield House
23 Oatlands Drive
Weybridge
Surrey
KT13 9LZ





REGISTERED NUMBER: 00218198 (England and Wales)





ACCOUNTANTS: CSL Partnership Limited
Chartered Certified Accountants
238 Station Road
Addlestone
Surrey
KT15 2PS

Burwood Park Estate Limited (Registered number: 00218198)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
CURRENT ASSETS
Debtors 4 249,129 2,161
Cash at bank 1,559,034 1,572,899
1,808,163 1,575,060
CREDITORS
Amounts falling due within one year 5 (911,694 ) (647,626 )
NET CURRENT ASSETS 896,469 927,434
TOTAL ASSETS LESS CURRENT LIABILITIES 896,469 927,434

PROVISIONS FOR LIABILITIES 6 (244,000 ) (183,000 )
NET ASSETS 652,469 744,434

CAPITAL AND RESERVES
Called up share capital 324,200 324,200
Retained earnings 328,269 420,234
652,469 744,434

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 30 May 2024 and were signed on its behalf by:




Mr D E Sutcliffe - Director



Mr D A George - Director


Burwood Park Estate Limited (Registered number: 00218198)

Notes to the Financial Statements
for the Year Ended 31 December 2023


1. STATUTORY INFORMATION

Burwood Park Estate 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.

Revenue
Revenue includes property fee income and sale of trading property less value added tax. Trading property turnover is recognised on the date of legal completion.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - NIL ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 242,823 -
Deferred tax asset 2,161 2,161
Prepayments & accrued income 4,145 -
249,129 2,161

Burwood Park Estate Limited (Registered number: 00218198)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 2,167 -
Amounts owed to group undertakings 318,877 274,264
Tax - 1,214
VAT 118,507 57,401
Other creditors 306,397 308,073
Accrued expenses 165,746 6,674
911,694 647,626

6. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£    £   
Other provisions 244,000 183,000

Deferred Other
tax provisions
£    £   
Balance at 1 January 2023 (2,161 ) 183,000
Provision for future road
maintenance - 61,000
Balance at 31 December 2023 (2,161 ) 244,000

The directors consider that an obligation existed at 31 December 2023 to undertake road repair works in the future and that that obligation was sufficient to both meet the tests within Section 21 of FRS102 and to include a provision for that work. This obligation was created by a deed of covenant entered into by the company on 31 December 2019. The repair works are anticipated to be undertaken approximately once every 15 years and therefore a provision of 1/15th of the total estimated cost of those repair works is included in these financial statements.