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REGISTERED NUMBER: 06653513 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Burlington Fabrications Limited

Burlington Fabrications Limited (Registered number: 06653513)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Burlington Fabrications Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: P L Rowley





SECRETARY: Ms K L Turton





REGISTERED OFFICE: 3 Colwick Quays Business Park
Colwick
Nottingham
Nottinghamshire
NG4 2JY





REGISTERED NUMBER: 06653513 (England and Wales)





ACCOUNTANTS: D. K. Rumsby & Co Limited
3 Colwick Quays
Colwick
Nottingham
Nottinghamshire
NG4 2JY

Burlington Fabrications Limited (Registered number: 06653513)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 38,241 49,004
38,241 49,004

CURRENT ASSETS
Stocks - 200
Debtors 6 108,208 31,815
Cash at bank and in hand 161,278 288,413
269,486 320,428
CREDITORS
Amounts falling due within one year 7 (117,835 ) (125,642 )
NET CURRENT ASSETS 151,651 194,786
TOTAL ASSETS LESS CURRENT
LIABILITIES

189,892

243,790

CREDITORS
Amounts falling due after more than one
year

8

(11,805

)

(20,853

)

PROVISIONS FOR LIABILITIES (8,140 ) (9,311 )
NET ASSETS 169,947 213,626

Burlington Fabrications Limited (Registered number: 06653513)

Balance Sheet - continued
31 March 2024

31.3.24 31.3.23
Notes £    £   
CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 169,847 213,526
SHAREHOLDERS' FUNDS 169,947 213,626

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 July 2024 and were signed by:





P L Rowley - Director


Burlington Fabrications Limited (Registered number: 06653513)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Burlington Fabrications Limited 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 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.


Burlington Fabrications Limited (Registered number: 06653513)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 3 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 18,600
AMORTISATION
At 1 April 2023
and 31 March 2024 18,600
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

Burlington Fabrications Limited (Registered number: 06653513)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 163,347
Additions 1,372
At 31 March 2024 164,719
DEPRECIATION
At 1 April 2023 114,343
Charge for year 12,135
At 31 March 2024 126,478
NET BOOK VALUE
At 31 March 2024 38,241
At 31 March 2023 49,004

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 33,970
DEPRECIATION
At 1 April 2023 8,492
Charge for year 6,370
At 31 March 2024 14,862
NET BOOK VALUE
At 31 March 2024 19,108
At 31 March 2023 25,478

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 91,681 22,756
Other debtors 16,527 9,059
108,208 31,815

Burlington Fabrications Limited (Registered number: 06653513)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 2,000 2,000
Hire purchase contracts 7,112 7,112
Trade creditors 32,907 11,095
Taxation and social security 1,010 20,042
Other creditors 74,806 85,393
117,835 125,642

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 4,100 6,036
Hire purchase contracts 7,705 14,817
11,805 20,853

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
80 Ordinary £1 80 80
20 Ordinary B £1 20 20
100 100