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Company Registration No. 13786709 (England and Wales)
Burbank Software Ltd Unaudited accounts for the year ended 31 December 2024
Burbank Software Ltd Unaudited accounts Contents
Page
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Burbank Software Ltd Company Information for the year ended 31 December 2024
Directors
Justin Richard Pike Manuel Silva Martinez Michael Donovan
Company Number
13786709 (England and Wales)
Registered Office
20 Wenlock Road London N1 7GU ENGLAND
Accountants
The Accountancy Cloud 1 Fore Street Avenue London EC2Y 9DT
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Burbank Software Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,137 
89 
Current assets
Debtors
7,875 
- 
Cash at bank and in hand
1,318,306 
8 
1,326,181 
8 
Creditors: amounts falling due within one year
(91,628)
(2,834)
Net current assets/(liabilities)
1,234,553 
(2,826)
Total assets less current liabilities
1,242,690 
(2,737)
Creditors: amounts falling due after more than one year
- 
(32,034)
Provisions for liabilities
Deferred tax
(10)
(10)
Net assets/(liabilities)
1,242,680 
(34,781)
Capital and reserves
Called up share capital
162 
3 
Share premium
3,061,727 
- 
Profit and loss account
(1,819,209)
(34,784)
Shareholders' funds
1,242,680 
(34,781)
For the year ending 31 December 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 3 March 2025 and were signed on its behalf by
Michael Donovan Director Company Registration No. 13786709
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Burbank Software Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Burbank Software Ltd is a private company, limited by shares, registered in England and Wales, registration number 13786709. The registered office is 20 Wenlock Road, London, N1 7GU, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
4 years
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Going concern
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Burbank Software Ltd Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2024
138 
Additions
9,855 
At 31 December 2024
9,993 
Depreciation
At 1 January 2024
49 
Charge for the year
1,807 
At 31 December 2024
1,856 
Net book value
At 31 December 2024
8,137 
At 31 December 2023
89 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
3,383 
- 
Other debtors
4,492 
- 
7,875 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(13,758)
- 
Trade creditors
288,703 
2,196 
Other creditors
8,018 
638 
Deferred income
(191,335)
- 
91,628 
2,834 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
- 
32,034 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Justin Richard Pike
Director's Loan - JP
(32,034)
223,369 
- 
191,335 
(32,034)
223,369 
- 
191,335 
As at the 31st December 2024, the Company was owed £191,335 by Director Justin Richard Pike.
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Burbank Software Ltd Notes to the Accounts for the year ended 31 December 2024
9
Average number of employees
During the year the average number of employees was 4 (2023: 0).
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