BURRBAXTER PRINT LTD

Company Registration Number:
06768802 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

BURRBAXTER PRINT LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

BURRBAXTER PRINT LTD

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 72,700 109,300
Tangible assets: 4 82,689 24,380
Total fixed assets: 155,389 133,680
Current assets
Stocks: 139,325 127,519
Debtors:   163,137 207,740
Cash at bank and in hand: 28,422 67,659
Total current assets: 330,884 402,918
Creditors: amounts falling due within one year:   (267,451) (289,410)
Net current assets (liabilities): 63,433 113,508
Total assets less current liabilities: 218,822 247,188
Creditors: amounts falling due after more than one year: 5 (51,843) (5,367)
Total net assets (liabilities): 166,979 241,821
Capital and reserves
Called up share capital: 1,200 1,200
Profit and loss account: 165,779 240,621
Shareholders funds: 166,979 241,821

The notes form part of these financial statements

BURRBAXTER PRINT LTD

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 September 2024
and signed on behalf of the board by:

Name: Mr Stephen Burr
Status: Director

The notes form part of these financial statements

BURRBAXTER PRINT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Office Equipment and Software 5-10 years Plant and Machinery 10 years Vehicles 4 years

Intangible fixed assets and amortisation policy

Annual amortisation of goodwill is calculated at 25% to write off the cost of the asset, minus its residual value, over its estimated useful lifetime

BURRBAXTER PRINT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 7 6

BURRBAXTER PRINT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible Assets

Total
Cost £
At 01 January 2023 178,000
At 31 December 2023 178,000
Amortisation
At 01 January 2023 68,700
Charge for year 36,600
At 31 December 2023 105,300
Net book value
At 31 December 2023 72,700
At 31 December 2022 109,300

BURRBAXTER PRINT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 200,042
Additions 63,385
At 31 December 2023 263,427
Depreciation
At 01 January 2023 175,662
Charge for year 5,076
At 31 December 2023 180,738
Net book value
At 31 December 2023 82,689
At 31 December 2022 24,380

BURRBAXTER PRINT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due after more than one year note

Included within Creditors is a loan from a director ( Mr S Burr) of £48000 to finance fixed asset additions. The loan is repayable within 5 years.

BURRBAXTER PRINT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Related party transactions

Name of the related party: Mr Stephen Burr
Relationship:
Director
Description of the Transaction: A loan of £48000 from Mr Stephen Burr which is interest free. It is repayable within 5 years.
£
Balance at 01 January 2023 0
Balance at 31 December 2023 48,000