Company registration number 14956418 (England and Wales)
BURNETT TRANSPORT LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023
BURNETT TRANSPORT LIMITED
COMPANY INFORMATION
Directors
Mr Alan Dodson
(Appointed 23 June 2023)
Mr Marco Magnani
(Appointed 23 June 2023)
Company number
14956418
Registered office
12 Argent Court
Sylvan Way
Southfields Business Park
Laindon
Essex
SS15 6TH
Accountants
Rowland Hall
44-54 Orsett Road
Grays
Essex
RM17 5ED
BURNETT TRANSPORT LIMITED
CONTENTS
Page
Directors' report
1
Balance sheet
2
Statement of changes in equity
3
Notes to the financial statements
4 - 5
BURNETT TRANSPORT LIMITED
DIRECTORS' REPORT
FOR THE PERIOD ENDED 31 DECEMBER 2023
- 1 -

The directors present their annual report and financial statements for the Period ended 31 December 2023.

Principal activities

The principal activity of the company continued to be that of a dormant entity.

Directors

The directors who held office during the Period and up to the date of signature of the financial statements were as follows:

Mr Alan Dodson
(Appointed 23 June 2023)
Mr Marco Magnani
(Appointed 23 June 2023)
Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
Mr Alan Dodson
Director
24 June 2024
BURNETT TRANSPORT LIMITED
BALANCE SHEET
AS AT 31 DECEMBER 2023
31 December 2023
- 2 -
2023
Notes
£
£
Current assets
Debtors
4
100
Net current assets
100
Capital and reserves
Called up share capital
5
100

For the financial Period ended 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The member has not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 24 June 2024 and are signed on its behalf by:
Mr Alan Dodson
Director
Company registration number 14956418 (England and Wales)
BURNETT TRANSPORT LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 DECEMBER 2023
- 3 -
Share capital
Notes
£
Balance at 23 June 2023
-
0
Period ended 31 December 2023:
Profit and total comprehensive income
-
Issue of share capital
5
100
Balance at 31 December 2023
100
BURNETT TRANSPORT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023
- 4 -
1
Accounting policies
Company information

Burnett Transport Limited is a private company limited by shares incorporated in England and Wales. The registered office is 12 Argent Court, Sylvan Way, Southfields Business Park, Laindon, Essex, SS15 6TH.

1.1
Reporting period

The company is part of a group and, as such, has shortened its accounting period so as to bring the year end in line with other group companies.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Going concern

Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.4
Profit and loss account

The company has not traded during the Period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

BURNETT TRANSPORT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2023
- 5 -
3
Employees

The average monthly number of persons (including directors) employed by the company during the Period was:

2023
Number
2
4
Debtors
2023
Amounts falling due within one year:
£
Amounts owed by group undertakings
100
5
Share capital
2023
2023
Ordinary share capital
Number
£
Issued and fully paid
Ordinary shares of £1 each of £1 each
100
100
6
Ultimate controlling party

The company is a wholly owned subsidiary of SBG Holding International Limited, a company registered in England.

The ultimate holding company is SBG Holding SPA, a company registered in Italy. That company is controlled by Mr Silvio Bertani by virtue of his majority shareholding.

Copies of the consolidated accounts of SBG Holding SPA which include Burnett Transport Limited can be obtained from that company's registered office in Italy.

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