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REGISTERED NUMBER: 07834972 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

BURDOCK HOMES LTD

BURDOCK HOMES LTD (REGISTERED NUMBER: 07834972)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BURDOCK HOMES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: Mr P T Clarke
Mrs K Clarke





REGISTERED OFFICE: Ingram House
Meridian Way
Norwich
Norfolk
NR7 0TA





REGISTERED NUMBER: 07834972 (England and Wales)





ACCOUNTANTS: LEES
Chartered Certified Accountants
Ingram House
Meridian Way
Norwich
Norfolk
NR7 0TA

BURDOCK HOMES LTD (REGISTERED NUMBER: 07834972)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,402 1,870
Investment property 5 770,000 770,000
771,402 771,870

CURRENT ASSETS
Debtors 6 5,845 4,045
Cash at bank 97,450 140,307
103,295 144,352
CREDITORS
Amounts falling due within one year 7 4,672 8,233
NET CURRENT ASSETS 98,623 136,119
TOTAL ASSETS LESS CURRENT
LIABILITIES

870,025

907,989

CREDITORS
Amounts falling due after more than one
year

8

(296,015

)

(309,115

)

PROVISIONS FOR LIABILITIES (57,915 ) (57,915 )
NET ASSETS 516,095 540,959

CAPITAL AND RESERVES
Called up share capital 9 100 100
Fair value reserve 10 282,691 282,691
Retained earnings 10 233,304 258,168
SHAREHOLDERS' FUNDS 516,095 540,959

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

BURDOCK HOMES LTD (REGISTERED NUMBER: 07834972)

BALANCE SHEET - continued
30 NOVEMBER 2023


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 August 2024 and were signed on its behalf by:




Mr P T Clarke - Director



Mrs K Clarke - Director


BURDOCK HOMES LTD (REGISTERED NUMBER: 07834972)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Burdock Homes Ltd 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rents receivable during the year excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Investment property
Investment property is shown at fair value. Any aggregate surplus or deficit arising from the changes in fair value is recognised in the Statement of Comprehensive Income.

This treatment of investment properties may be a departure from the requirements of the Companies Act concerning depreciation of fixed assets. However, as these properties are not held for consumption but for investment, the directors consider that depreciation would be inappropriate. The accounting policy adopted is therefore necessary for the financial statements to give a true and fair view.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

BURDOCK HOMES LTD (REGISTERED NUMBER: 07834972)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022
and 30 November 2023 5,635
DEPRECIATION
At 1 December 2022 3,765
Charge for year 468
At 30 November 2023 4,233
NET BOOK VALUE
At 30 November 2023 1,402
At 30 November 2022 1,870

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022
and 30 November 2023 770,000
NET BOOK VALUE
At 30 November 2023 770,000
At 30 November 2022 770,000

Fair value at 30 November 2023 is represented by:
£   
Valuation in 2023 770,000

If the investment properties had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 481,051 481,051

The investment properties were valued on a fair value basis on 30 November 2023 by the directors. .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,397 2,180
Other debtors 3,448 1,865
5,845 4,045

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 2,315 4,181
Taxation and social security - 1,693
Other creditors 2,357 2,359
4,672 8,233

BURDOCK HOMES LTD (REGISTERED NUMBER: 07834972)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors 296,015 309,115

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
100 100

10. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 December 2022 258,168 282,691 540,859
Deficit for the year (24,864 ) (24,864 )
At 30 November 2023 233,304 282,691 515,995

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2023 and 30 November 2022:

2023 2022
£    £   
Mr P T Clarke and Mrs K Clarke
Balance outstanding at start of year - -
Amounts advanced 13,768 8,123
Amounts repaid (13,768 ) (8,123 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -