IRIS Accounts Production v24.2.0.383 02867108 Board of Directors 1.1.23 31.12.23 31.12.23 29.10.24 false true false false true false Auditors Opinion Ordinary 1.00000 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh028671082022-12-31028671082023-12-31028671082023-01-012023-12-31028671082021-12-31028671082022-01-012022-12-31028671082022-12-3102867108ns15:EnglandWales2023-01-012023-12-3102867108ns14:PoundSterling2023-01-012023-12-3102867108ns10:Director12023-01-012023-12-3102867108ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3102867108ns10:SmallEntities2023-01-012023-12-3102867108ns10:Audited2023-01-012023-12-3102867108ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3102867108ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3102867108ns10:FullAccounts2023-01-012023-12-3102867108ns10:OrdinaryShareClass12023-01-012023-12-3102867108ns10:OrdinaryShareClass1112023-01-012023-12-3102867108ns10:Director22023-01-012023-12-3102867108ns10:Director32023-01-012023-12-3102867108ns10:Director42023-01-012023-12-3102867108ns10:Director52023-01-012023-12-3102867108ns10:Director62023-01-012023-12-3102867108ns10:Director72023-01-012023-12-3102867108ns10:Director82023-01-012023-12-3102867108ns10:CompanySecretary12023-01-012023-12-3102867108ns10:RegisteredOffice2023-01-012023-12-3102867108ns5:CurrentFinancialInstruments2023-12-3102867108ns5:CurrentFinancialInstruments2022-12-3102867108ns5:ShareCapital2023-12-3102867108ns5:ShareCapital2022-12-3102867108ns5:SharePremium2023-12-3102867108ns5:SharePremium2022-12-3102867108ns5:FurtherSpecificReserve3ComponentTotalEquity2023-12-3102867108ns5:FurtherSpecificReserve3ComponentTotalEquity2022-12-3102867108ns5:RetainedEarningsAccumulatedLosses2023-12-3102867108ns5:RetainedEarningsAccumulatedLosses2022-12-3102867108ns5:PlantMachinery2023-01-012023-12-3102867108ns5:LandBuildings2022-12-3102867108ns5:PlantMachinery2022-12-3102867108ns5:LandBuildings2023-12-3102867108ns5:PlantMachinery2023-12-3102867108ns5:LandBuildings2022-12-3102867108ns5:PlantMachinery2022-12-3102867108ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3102867108ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3102867108ns5:DeferredTaxation2022-12-3102867108ns5:DeferredTaxation2023-12-3102867108ns10:OrdinaryShareClass12023-12-3102867108ns5:RetainedEarningsAccumulatedLosses2022-12-3102867108ns5:SharePremium2022-12-3102867108ns5:FurtherSpecificReserve3ComponentTotalEquity2022-12-3102867108ns5:RetainedEarningsAccumulatedLosses2023-01-012023-12-310286710812023-01-012023-12-31
REGISTERED NUMBER: 02867108 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

BURRELLS WHARF FREEHOLDS LIMITED

BURRELLS WHARF FREEHOLDS LIMITED (REGISTERED NUMBER: 02867108)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BURRELLS WHARF FREEHOLDS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2023







DIRECTORS: J Browning
E Higgins
D MacCann
B Keefe
A Jankowska-Kotla
D P Maloney
A H Crouch
Dr S A Saeed





SECRETARY: P A McLean





REGISTERED OFFICE: 166 Free Trade Wharf
340 The Highway
London
E1W 3EU





REGISTERED NUMBER: 02867108 (England and Wales)





AUDITORS: Sproull & Co.
Chartered Accountants
Statutory Auditors
First Floor, Jebsen House
53-61 High Street
Ruislip
Middlesex
HA4 7BD

BURRELLS WHARF FREEHOLDS LIMITED (REGISTERED NUMBER: 02867108)

BALANCE SHEET
31ST DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 275,000 275,000

CURRENT ASSETS
Debtors 5 4,374 9,976
Cash at bank 305,662 281,631
310,036 291,607
CREDITORS
Amounts falling due within one year 6 45,923 40,991
NET CURRENT ASSETS 264,113 250,616
TOTAL ASSETS LESS CURRENT
LIABILITIES

539,113

525,616

PROVISIONS FOR LIABILITIES 7 17,954 17,954
NET ASSETS 521,159 507,662

CAPITAL AND RESERVES
Called up share capital 8 333 326
Share premium 9 158,388 147,265
Fair value reserve 9 129,500 129,500
Retained earnings 9 232,938 230,571
SHAREHOLDERS' FUNDS 521,159 507,662

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28th October 2024 and were signed on its behalf by:





D P Maloney - Director


BURRELLS WHARF FREEHOLDS LIMITED (REGISTERED NUMBER: 02867108)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023


1. STATUTORY INFORMATION

Burrells Wharf Freeholds 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.

Turnover
Turnover represents ground rents, sub letting fees and income receivable from parking bay and function room hire.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on cost

Depreciation is not provided on the freehold property as the directors consider that the market value is in excess of cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 7 ) .

BURRELLS WHARF FREEHOLDS LIMITED (REGISTERED NUMBER: 02867108)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st January 2023
and 31st December 2023 275,000 6,165 281,165
DEPRECIATION
At 1st January 2023
and 31st December 2023 - 6,165 6,165
NET BOOK VALUE
At 31st December 2023 275,000 - 275,000
At 31st December 2022 275,000 - 275,000

The historic cost of the freehold property is £127,546 which, following a previous policy of revaluation, was brought up to the current book value of £275,000 in 2013.

In line with options available for companies upon adoption of Financial Reporting Standard 102, the freehold property valuation is being carried at deemed cost.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Due from lessees 3,325 6,374
Other debtors 1,049 3,602
4,374 9,976

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 2,221 2,724
Due to lessees - amounts received in advance - 13
Taxation 559 1,906
Other creditors - 500
Due to Burrells Wharf service charge fund 39,999 33,040
Accrued expenses 3,144 2,808
45,923 40,991

BURRELLS WHARF FREEHOLDS LIMITED (REGISTERED NUMBER: 02867108)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023


7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 17,954 17,954

Deferred
tax
£   
Balance at 1st January 2023 17,954
Balance at 31st December 2023 17,954

Provision has been made for taxation that would be payable if the company's freehold property was sold at its book value.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
333 Ordinary £1 333 326

7 Ordinary shares of £1 each were allotted as fully paid at a premium of 1589 per share during the year.

9. RESERVES
Fair
Retained Share value
earnings premium reserve Totals
£    £    £    £   

At 1st January 2023 230,571 147,265 129,500 507,336
Profit for the year 2,367 - - 2,367
Shares issued in year - 11,123 - 11,123
At 31st December 2023 232,938 158,388 129,500 520,826

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Michelle Wickwar (Senior Statutory Auditor)
for and on behalf of Sproull & Co.

11. POST BALANCE SHEET EVENTS

Since the balance sheet date, the company has issued a further 2 ordinary shares for a total consideration of £3,263.