1 December 2022 false No description of principal activity Taxfiler 2024.5 SC581180business:PrivateLimitedCompanyLtd2022-12-012023-11-30 SC5811802022-11-30 SC5811802022-12-012023-11-30 SC581180business:AuditExemptWithAccountantsReport2022-12-012023-11-30 SC581180business:FilletedAccounts2022-12-012023-11-30 SC5811802023-11-30 SC581180business:Director12022-12-012023-11-30 SC581180business:Director22022-12-012023-11-30 SC581180business:RegisteredOffice2022-12-012023-11-30 SC5811802022-11-30 SC581180core:WithinOneYear2023-11-30 SC581180core:WithinOneYear2022-11-30 SC581180core:AfterOneYear2023-11-30 SC581180core:AfterOneYear2022-11-30 SC581180core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 SC581180core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 SC581180core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 SC581180core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 SC581180core:PreviouslyStatedAmount2023-11-30 SC581180core:PreviouslyStatedAmount2022-11-30 SC581180business:SmallEntities2022-12-012023-11-30 SC581180countries:Scotland2022-12-012023-11-30 SC581180core:PlantMachinery2022-12-012023-11-30 SC581180core:MotorVehicles2022-12-012023-11-30 SC581180core:FurnitureFittings2022-12-012023-11-30 SC581180core:ComputerEquipment2022-12-012023-11-30 SC581180core:PlantMachinery2022-11-30 SC581180core:MotorVehicles2022-11-30 SC581180core:FurnitureFittings2022-11-30 SC581180core:ComputerEquipment2022-11-30 SC581180core:PlantMachinery2023-11-30 SC581180core:MotorVehicles2023-11-30 SC581180core:FurnitureFittings2023-11-30 SC581180core:ComputerEquipment2023-11-30 SC581180core:AdditionsToInvestments2023-11-30 SC5811802021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. SC581180 (Scotland)
Burnside Logs Ltd Unaudited accounts for the year ended 30 November 2023
Burnside Logs Ltd Unaudited accounts Contents
Page
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Burnside Logs Ltd Company Information for the year ended 30 November 2023
Directors
Martin Dawson Nicola Dawson
Company Number
SC581180 (Scotland)
Registered Office
Burnside Lodge Fortrie Turriff Aberdeenshire AB53 4HX Scotland
Accountants
S Gray Accounting Dunrewan Little Colp Turriff Aberdeenshire AB53 8DT
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Burnside Logs Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
34,082 
43,173 
Investments
50 
- 
34,132 
43,173 
Current assets
Inventories
1,500 
200 
Debtors
10,307 
11,022 
Cash at bank and in hand
2,626 
5,116 
14,433 
16,338 
Creditors: amounts falling due within one year
(6,866)
(13,031)
Net current assets
7,567 
3,307 
Total assets less current liabilities
41,699 
46,480 
Creditors: amounts falling due after more than one year
(44,007)
(45,749)
Net (liabilities)/assets
(2,308)
731 
Capital and reserves
Called up share capital
20 
20 
Profit and loss account
(2,328)
711 
Shareholders' funds
(2,308)
731 
For the year ending 30 November 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 30 August 2024 and were signed on its behalf by
Nicola Dawson Director Company Registration No. SC581180
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Burnside Logs Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Burnside Logs Ltd is a private company, limited by shares, registered in Scotland, registration number SC581180. The registered office is Burnside Lodge, Fortrie, Turriff, Aberdeenshire, AB53 4HX, Scotland.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 December 2022
100,676 
5,300 
629 
374 
106,979 
Additions
2,092 
- 
- 
- 
2,092 
At 30 November 2023
102,768 
5,300 
629 
374 
109,071 
Depreciation
At 1 December 2022
60,302 
3,069 
274 
161 
63,806 
Charge for the year
10,483 
558 
89 
53 
11,183 
At 30 November 2023
70,785 
3,627 
363 
214 
74,989 
Net book value
At 30 November 2023
31,983 
1,673 
266 
160 
34,082 
At 30 November 2022
40,374 
2,231 
355 
213 
43,173 
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Burnside Logs Ltd Notes to the Accounts for the year ended 30 November 2023
5
Investments
Other investments 
£ 
Valuation at 1 December 2022
- 
Additions
50 
Valuation at 30 November 2023
50 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
410 
2,467 
Trade debtors
6,150 
5,292 
Accrued income and prepayments
3,747 
3,263 
10,307 
11,022 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
(3,689)
611 
Taxes and social security
(483)
(483)
Other creditors
5,000 
12,000 
Accruals
6,038 
903 
6,866 
13,031 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
- 
4,000 
Loans from directors
44,007 
41,749 
44,007 
45,749 
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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