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Company No: 02584083 (England and Wales)

BURO CONSTRUCT LTD

Unaudited Financial Statements
For the financial year ended 29 February 2024
Pages for filing with the registrar

BURO CONSTRUCT LTD

Unaudited Financial Statements

For the financial year ended 29 February 2024

Contents

BURO CONSTRUCT LTD

COMPANY INFORMATION

For the financial year ended 29 February 2024
BURO CONSTRUCT LTD

COMPANY INFORMATION (continued)

For the financial year ended 29 February 2024
DIRECTORS E Mulvenna
P Mulvenna
C Mulvenna
D Mulvenna
SECRETARY P Mulvenna
REGISTERED OFFICE Heather Mount
Station Road
Chobham
Surrey
GU24 8AZ
Chobham
United Kingdom
COMPANY NUMBER 02584083 (England and Wales)
ACCOUNTANT Shaw Gibbs Limited
Wey Court West
Union Road
Farnham
Surrey
GU9 7PT
BURO CONSTRUCT LTD

BALANCE SHEET

As at 29 February 2024
BURO CONSTRUCT LTD

BALANCE SHEET (continued)

As at 29 February 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 4 1,975 1,060
1,975 1,060
Current assets
Cash at bank and in hand 5 1,112,085 1,105,975
1,112,085 1,105,975
Creditors: amounts falling due within one year 6 ( 468,073) ( 442,689)
Net current assets 644,012 663,286
Total assets less current liabilities 645,987 664,346
Net assets 645,987 664,346
Capital and reserves
Called-up share capital 7 2,000 2,000
Profit and loss account 643,987 662,346
Total shareholders' funds 645,987 664,346

For the financial year ending 29 February 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Buro Construct Ltd (registered number: 02584083) were approved and authorised for issue by the Board of Directors on 27 November 2024. They were signed on its behalf by:

E Mulvenna
Director
BURO CONSTRUCT LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 29 February 2024
BURO CONSTRUCT LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 29 February 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Buro Construct Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Heather Mount, Station Road, Chobham, Surrey, GU24 8AZ, Chobham, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the directors are required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the directors have made in the process of applying the Company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

3. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

4. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 March 2023 15,285 15,285
Additions 1,650 1,650
At 29 February 2024 16,935 16,935
Accumulated depreciation
At 01 March 2023 14,225 14,225
Charge for the financial year 735 735
At 29 February 2024 14,960 14,960
Net book value
At 29 February 2024 1,975 1,975
At 28 February 2023 1,060 1,060

5. Cash and cash equivalents

2024 2023
£ £
Cash at bank and in hand 12,085 5,975
Short-term deposits 1,100,000 1,100,000
1,112,085 1,105,975

6. Creditors: amounts falling due within one year

2024 2023
£ £
Amounts owed to directors 465,064 439,651
Accruals 2,939 2,491
Other creditors 70 547
468,073 442,689

7. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
1,000 A ordinary shares of £ 1.00 each 1,000 1,000
500 B ordinary shares of £ 1.00 each 500 500
500 C ordinary shares of £ 1.00 each 500 500
2,000 2,000