Company Registration No. 13109587 (England and Wales)
Burkinshaw Property Limited
Unaudited accounts
for the year ended 31 January 2024
Burkinshaw Property Limited
Unaudited accounts
Contents
Burkinshaw Property Limited
Company Information
for the year ended 31 January 2024
Directors
Douglas Burkinshaw
Edmund Burkinshaw
Company Number
13109587 (England and Wales)
Registered Office
32 Acland Crescent
London
SE5 8EQ
England
Accountants
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
Burkinshaw Property Limited
Accountants' report
Accountants' report to the board of directors of Burkinshaw Property Limited on the preparation of the unaudited statutory accounts for the year ended 31 January 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Burkinshaw Property Limited for the year ended
31 January 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Burkinshaw Property Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Burkinshaw Property Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Burkinshaw Property Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Burkinshaw Property Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Burkinshaw Property Limited. You consider that Burkinshaw Property 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 accounts of Burkinshaw Property 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 accounts.
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
21 October 2024
Burkinshaw Property Limited
Statement of financial position
as at 31 January 2024
Tangible assets
879,214
637,176
Cash at bank and in hand
5,563
198,998
Creditors: amounts falling due within one year
(418,438)
(370,636)
Net current liabilities
(412,875)
(171,638)
Total assets less current liabilities
466,339
465,538
Creditors: amounts falling due after more than one year
(469,308)
(469,308)
Net liabilities
(2,969)
(3,770)
Called up share capital
2
2
Profit and loss account
(2,971)
(3,772)
Shareholders' funds
(2,969)
(3,770)
For the year ending 31 January 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 October 2024 and were signed on its behalf by
Douglas Burkinshaw
Director
Company Registration No. 13109587
Burkinshaw Property Limited
Notes to the Accounts
for the year ended 31 January 2024
Burkinshaw Property Limited is a private company, limited by shares, registered in England and Wales, registration number 13109587. The registered office is 32 Acland Crescent, London, SE5 8EQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2023
634,424
4,892
639,316
Additions
242,726
-
242,726
At 31 January 2024
877,150
4,892
882,042
At 1 February 2023
-
2,140
2,140
Charge for the year
-
688
688
At 31 January 2024
-
2,828
2,828
At 31 January 2024
877,150
2,064
879,214
At 31 January 2023
634,424
2,752
637,176
Burkinshaw Property Limited
Notes to the Accounts
for the year ended 31 January 2024
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
27,160
-
Other creditors
243,028
243,028
Loans from directors
147,355
126,837
6
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
469,308
469,308
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Current Account
(50,984)
(30,662)
(60,019)
(21,627)
Director Current Account
(75,852)
(109,894)
(60,018)
(125,728)
(126,836)
(140,556)
(120,037)
(147,355)
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).