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REGISTERED NUMBER: 05687380 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Bunton Enterprises Limited

Bunton Enterprises Limited (Registered number: 05687380)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Bunton Enterprises Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: S Bunton
T E Bunton





SECRETARY: T E Bunton





REGISTERED OFFICE: Ongar Road
Kelvedon Hatch
Brentwood
Essex
CM15 0DF





REGISTERED NUMBER: 05687380 (England and Wales)





ACCOUNTANTS: Thickbroom Coventry Limited
Chartered Accountants
147a High Street
Waltham Cross
Hertfordshire
EN8 7AP

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Bunton Enterprises Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Directors' Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bunton Enterprises Limited for the year ended 29 February 2024 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Bunton Enterprises Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bunton Enterprises Limited and state those matters that we have agreed to state to the Board of Directors of Bunton Enterprises Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bunton Enterprises Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Bunton Enterprises Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bunton Enterprises Limited. You consider that Bunton Enterprises Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bunton Enterprises Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Thickbroom Coventry Limited
Chartered Accountants
147a High Street
Waltham Cross
Hertfordshire
EN8 7AP


8 November 2024

Bunton Enterprises Limited (Registered number: 05687380)

Statement of Financial Position
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 50,000 50,000
Investment property 5 571,401 571,401
621,401 621,401

CURRENT ASSETS
Cash at bank 15 15

CREDITORS
Amounts falling due within one year 6 340,913 337,377
NET CURRENT LIABILITIES (340,898 ) (337,362 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

280,503

284,039

PROVISIONS FOR LIABILITIES 75,086 78,202
NET ASSETS 205,417 205,837

CAPITAL AND RESERVES
Called up share capital 7 2 2
Revaluation reserve 8 89,300 86,184
Retained earnings 8 116,115 119,651
SHAREHOLDERS' FUNDS 205,417 205,837

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

Bunton Enterprises Limited (Registered number: 05687380)

Statement of Financial Position - continued
29 February 2024


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 Board of Directors and authorised for issue on 8 November 2024 and were signed on its behalf by:





S Bunton - Director


Bunton Enterprises Limited (Registered number: 05687380)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Bunton Enterprises 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 as modified by the revaluation of certain assets.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Bunton Enterprises Limited (Registered number: 05687380)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 March 2023
and 29 February 2024 50,000
NET BOOK VALUE
At 29 February 2024 50,000
At 28 February 2023 50,000

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2023
and 29 February 2024 571,401
NET BOOK VALUE
At 29 February 2024 571,401
At 28 February 2023 571,401

Fair value at 29 February 2024 is represented by:
£   
Valuation in 2016 119,926
Valuation in 2017 255,074
Valuation in 2018 180,000
Valuation in 2019 16,401
571,401

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 151,258 151,258

Investment property was valued on an open market basis on 28 February 2018 by the director. .

Bunton Enterprises Limited (Registered number: 05687380)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 304,524 286,156
Other creditors 36,389 51,221
340,913 337,377

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

8. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 March 2023 119,651 86,184 205,835
Profit for the year 464 464
Dividends (4,000 ) (4,000 )
Deferred tax on revaluation - 3,116 3,116
At 29 February 2024 116,115 89,300 205,415

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
S Bunton and T E Bunton
Balance outstanding at start of year 51,221 68,356
Amounts advanced 4,000 4,000
Amounts repaid (18,832 ) (21,135 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 36,389 51,221