Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 02610769 P B Woodward A P Woodward iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02610769 2023-03-31 02610769 2024-03-31 02610769 2023-04-01 2024-03-31 02610769 frs-core:CurrentFinancialInstruments 2024-03-31 02610769 frs-core:ComputerEquipment 2024-03-31 02610769 frs-core:ComputerEquipment 2023-04-01 2024-03-31 02610769 frs-core:ComputerEquipment 2023-03-31 02610769 frs-core:MotorVehicles 2024-03-31 02610769 frs-core:MotorVehicles 2023-04-01 2024-03-31 02610769 frs-core:MotorVehicles 2023-03-31 02610769 frs-core:ShareCapital 2024-03-31 02610769 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 02610769 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 02610769 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 02610769 frs-bus:SmallEntities 2023-04-01 2024-03-31 02610769 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 02610769 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 02610769 frs-bus:Director1 2023-04-01 2024-03-31 02610769 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 02610769 frs-countries:EnglandWales 2023-04-01 2024-03-31 02610769 2022-03-31 02610769 2023-03-31 02610769 2022-04-01 2023-03-31 02610769 frs-core:CurrentFinancialInstruments 2023-03-31 02610769 frs-core:ShareCapital 2023-03-31 02610769 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 02610769
Burvale Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 02610769
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,404 12,508
6,404 12,508
CURRENT ASSETS
Cash at bank and in hand 1,043 -
1,043 -
Creditors: Amounts Falling Due Within One Year 5 (38,277 ) (37,262 )
NET CURRENT ASSETS (LIABILITIES) (37,234 ) (37,262 )
TOTAL ASSETS LESS CURRENT LIABILITIES (30,830 ) (24,754 )
NET LIABILITIES (30,830 ) (24,754 )
CAPITAL AND RESERVES
Called up share capital 2 2
Profit and Loss Account (30,832 ) (24,756 )
SHAREHOLDERS' FUNDS (30,830) (24,754)
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
P B Woodward
Director
5th September 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Burvale Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02610769 . The registered office is 6 Sherborne Road, West Bridgford, Nottingham, Notts, NG2 7BN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 20% Reducing Balance
Computer Equipment 20% Reducing Balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: NIL)
1 -
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 April 2023 24,522 3,170 27,692
As at 31 March 2024 24,522 3,170 27,692
Depreciation
As at 1 April 2023 12,014 3,170 15,184
Provided during the period 6,104 - 6,104
As at 31 March 2024 18,118 3,170 21,288
...CONTINUED
Page 2
Page 3
Net Book Value
As at 31 March 2024 6,404 - 6,404
As at 1 April 2023 12,508 - 12,508
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 35,900 34,885
Taxation and social security 2,377 2,377
38,277 37,262
6. Related Party Transactions
As at the 31 March 2024 the company owed the director £35,420 (2023: £36,079).
Page 3