IRIS Accounts Production v24.3.0.553 07213637 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh072136372023-04-30072136372024-04-30072136372023-05-012024-04-30072136372022-04-30072136372022-05-012023-04-30072136372023-04-3007213637ns15:EnglandWales2023-05-012024-04-3007213637ns14:PoundSterling2023-05-012024-04-3007213637ns10:Director12023-05-012024-04-3007213637ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3007213637ns10:SmallEntities2023-05-012024-04-3007213637ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3007213637ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3007213637ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3007213637ns10:FullAccounts2023-05-012024-04-300721363712023-05-012024-04-3007213637ns5:CurrentFinancialInstruments2024-04-3007213637ns5:CurrentFinancialInstruments2023-04-3007213637ns5:ShareCapital2024-04-3007213637ns5:ShareCapital2023-04-3007213637ns5:RetainedEarningsAccumulatedLosses2024-04-3007213637ns5:RetainedEarningsAccumulatedLosses2023-04-3007213637ns10:RegisteredOffice2023-05-012024-04-3007213637ns5:NetGoodwill2023-05-012024-04-3007213637ns5:ComputerEquipment2023-05-012024-04-3007213637ns5:NetGoodwill2023-04-3007213637ns5:NetGoodwill2024-04-3007213637ns5:NetGoodwill2023-04-3007213637ns5:ComputerEquipment2023-04-3007213637ns5:ComputerEquipment2024-04-3007213637ns5:ComputerEquipment2023-04-3007213637ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3007213637ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3007213637ns5:DeferredTaxation2023-04-3007213637ns5:DeferredTaxation2024-04-30
REGISTERED NUMBER: 07213637 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

THE BURFIELD PARTNERSHIP LIMITED

THE BURFIELD PARTNERSHIP LIMITED (REGISTERED NUMBER: 07213637)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Balance Sheet 1

Notes to the Financial Statements 2


THE BURFIELD PARTNERSHIP LIMITED (REGISTERED NUMBER: 07213637)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 975 1,463
975 1,463

CURRENT ASSETS
Debtors 6 64,033 41,656
Cash at bank 3,554 8,359
67,587 50,015
CREDITORS
Amounts falling due within one year 7 (18,761 ) (18,864 )
NET CURRENT ASSETS 48,826 31,151
TOTAL ASSETS LESS CURRENT
LIABILITIES

49,801

32,614

PROVISIONS FOR LIABILITIES 8 (287 ) (283 )
NET ASSETS 49,514 32,331

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 49,512 32,329
SHAREHOLDERS' FUNDS 49,514 32,331

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 November 2024 and were signed on its behalf by:





F Burfield - Director


THE BURFIELD PARTNERSHIP LIMITED (REGISTERED NUMBER: 07213637)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

The Burfield Partnership Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07213637

Registered office: 3rd Floor
21 Perrymount Road
Haywards Heath
West Sussex
RH16 3TP

The presentation currency of the financial statements is the Pound Sterling (£).


Each unit has been rounded to the nearest whole pound.

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 2010, is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 33.3% on reducing balance

Tangible fixed assets are initially recognised at cost, and subsequently valued at cost less depreciation and impairment.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

THE BURFIELD PARTNERSHIP LIMITED (REGISTERED NUMBER: 07213637)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 10,000
AMORTISATION
At 1 May 2023
and 30 April 2024 10,000
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 May 2023
and 30 April 2024 6,876
DEPRECIATION
At 1 May 2023 5,413
Charge for year 488
At 30 April 2024 5,901
NET BOOK VALUE
At 30 April 2024 975
At 30 April 2023 1,463

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,650 5,443
Other debtors 60,383 36,213
64,033 41,656

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 200 490
Taxation and social security 18,561 16,291
Other creditors - 2,083
18,761 18,864

THE BURFIELD PARTNERSHIP LIMITED (REGISTERED NUMBER: 07213637)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 287 283

Deferred
tax
£   
Balance at 1 May 2023 283
Accelerated capital allowances 4
Balance at 30 April 2024 287

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the end of the accounting period, the directors owed the company a balance of £60,383 (2023: £36,213). This loan is subject to interest rate of 2.25% per annum and is repayable on demand.