Registered number
04930714
Burford Delta Limited
Filleted Abridged Accounts
31 March 2024
Burford Delta Limited
Registered number: 04930714
Abridged Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Investments 3 696,228 696,228
Current assets
Debtors 4 24,256,867 24,194,360
Creditors: amounts falling due within one year 5 (1,820,292) (2,066,096)
Net current assets 22,436,575 22,128,264
Net assets 23,132,803 22,824,492
Capital and reserves
Called up share capital 6,850,001 6,850,001
Profit and loss account 16,282,802 15,974,491
Shareholders' funds 23,132,803 22,824,492
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.
J Gleek
Director
Approved by the board on 3 September 2024
Burford Delta Limited
Notes to the Abridged Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The abridged accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Going concern
The director has considered the funding and liquidity position of the Company and considers it appropriate to continue to prepare the financial statements on a going concern basis.
Related party exemption
The company has taken advantage of the exemption in FRS 102 not to disclose related party transactions or balances with entities which form part of the group.
Preparation of consolidated financial statements
The financial statements contain information about Burford Delta Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399 of the Companies Act 2006 from the requirement to prepare consolidated financial statements.
Recognition of profits
Purchases and sales of property stock, when applicable, are accounted for upon completion of contracts.
Turnover
Turnover represents rents receivable during the year and trading property sales proceeds (all excluding value added Tax ).
Investments
In the Company's financial statement, investments in subsidiary undertakings are stated at cost less any impairment in value.
Stocks
Stock comprises properties held for development and are stated at the lower of cost or net realisable value, which is based on the estimated selling price less costs expected to be incurred prior to completion and disposal.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
Taxation comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets or 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 statement of financial position date.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 April 2023 696,228
At 31 March 2024 696,228
4 Debtors: amounts falling due within one year 2024 2023
£ £
Trade debtors 10,542,675 15,380,893
Amounts owed by Group undertakings 13,687,131 8,465,707
Prepayments and accrued income 27,061 347,760
24,256,867 24,194,360
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 3,408 35,644
Other creditors 69,947 56,635
Provision for costs to come 1,746,937 1,973,817
1,820,292 2,066,096
6 Retained earnings
The retained earnings comprises of distributable reserves
7 Immediate parent and ultimate parent undertakings
The company's immediate parent undertaking is Burford Beta Limited, a company incorporated in England and Wales.
The company's ultimate parent undertaking is Burford Beta Holdings Limited, a company incorporated in England and Wales and whose registered office is Richmond House, Avonmouth Way, Avonmouth, Bristol BS11 8DE.
8 Other information
Burford Delta Limited is a private company limited by shares and incorporated in England. Its registered office is:
Richmond House
Avonmouth Way
Avonmouth
Bristol
BS11 8DE
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