1 November 2022 false No description of principal activity Taxfiler 2024.5 SC711544business:PrivateLimitedCompanyLtd2022-11-012023-10-31 SC7115442022-10-31 SC7115442022-11-012023-10-31 SC711544business:AuditExemptWithAccountantsReport2022-11-012023-10-31 SC711544business:FilletedAccounts2022-11-012023-10-31 SC7115442023-10-31 SC711544business:Director12022-11-012023-10-31 SC711544business:Director22022-11-012023-10-31 SC711544business:CompanySecretary12022-11-012023-10-31 SC711544business:RegisteredOffice2022-11-012023-10-31 SC7115442022-10-31 SC711544core:WithinOneYear2023-10-31 SC711544core:WithinOneYear2022-10-31 SC711544core:AfterOneYear2023-10-31 SC711544core:AfterOneYear2022-10-31 SC711544core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 SC711544core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 SC711544core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 SC711544core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 SC711544core:PreviouslyStatedAmount2023-10-31 SC711544core:PreviouslyStatedAmount2022-10-31 SC711544business:SmallEntities2022-11-012023-10-31 SC711544countries:Scotland2022-11-012023-10-31 SC711544core:IntangibleAssetsOtherThanGoodwill2022-10-31 SC711544core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-31 SC711544core:IntangibleAssetsOtherThanGoodwill2023-10-31 SC711544core:AdditionsToInvestments2023-10-31 SC711544business:OrdinaryShareClass12022-11-012023-10-31 SC711544business:OrdinaryShareClass12021-10-072022-10-31 SC7115442021-10-072022-10-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC711544 (Scotland)
BURALEO LIMITED Unaudited accounts for the year ended 31 October 2023
BURALEO LIMITED Unaudited accounts Contents
Page
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BURALEO LIMITED Company Information for the year ended 31 October 2023
Directors
Louie Peters Arnulf Alfonso Denis Piffaretti
Secretary
MBM Secretarial Services Limited
Company Number
SC711544 (Scotland)
Registered Office
SUITE 2, GROUND FLOOR ORCHARD BRAE HOUSE 30 QUEENSFERRY ROAD EDINBURGH EH4 2HS UNITED KINGDOM
Accountants
Sleek Accounting Ltd 107 Kirkgate Leeds West Yorkshire LS1 6DP
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BURALEO LIMITED Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
112,703 
Investments
209,818 
- 
209,818 
112,703 
Current assets
Debtors
39,624 
1,288 
Cash at bank and in hand
13,428 
12,166 
53,052 
13,454 
Creditors: amounts falling due within one year
(968)
(1,279)
Net current assets
52,084 
12,175 
Total assets less current liabilities
261,902 
124,878 
Creditors: amounts falling due after more than one year
(336,154)
(250,000)
Net liabilities
(74,252)
(125,122)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(74,253)
(125,123)
Shareholders' funds
(74,252)
(125,122)
For the year ending 31 October 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2024 and were signed on its behalf by
Arnulf Alfonso Denis Piffaretti Director Company Registration No. SC711544
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BURALEO LIMITED Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
BURALEO LIMITED is a private company, limited by shares, registered in Scotland, registration number SC711544. The registered office is SUITE 2, GROUND FLOOR ORCHARD BRAE HOUSE, 30 QUEENSFERRY ROAD, EDINBURGH, EH4 2HS, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortisation has been charged based on a useful life of 10 years
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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BURALEO LIMITED Notes to the Accounts for the year ended 31 October 2023
4
Intangible fixed assets
Other 
£ 
Cost
At 1 November 2022
121,091 
Disposals
(121,091)
At 31 October 2023
- 
Amortisation
At 1 November 2022
8,388 
On disposals
(10,406)
Charge for the year
2,018 
At 31 October 2023
- 
Net book value
At 31 October 2023
- 
At 31 October 2022
112,703 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 November 2022
- 
Additions
209,818 
Valuation at 31 October 2023
209,818 
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows: Buraleo Spain Real Estate Sociedad Limitada, a company registered in Valence. The registered office of the above entity is Reino De Valencia, 6 - 46005. 100% of the voting rights and shares are held. The principal activity of Buraleo Spain Real Estate Sociedad Limitada is Real estate and industrial property services.
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
17,680 
1,288 
Amounts falling due after more than one year
Other debtors
21,944 
- 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
968 
1,279 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
336,154 
250,000 
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BURALEO LIMITED Notes to the Accounts for the year ended 31 October 2023
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1,000,000 Ordinary shares of £0.000001 each
1 
1 
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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