Company No:
Contents
DIRECTORS | G R W J Newbold |
Dr M C T J Newbold |
SECRETARY | Dr M C T J Newbold |
REGISTERED OFFICE | 45 Gresham Street |
London | |
EC2V 7BG | |
United Kingdom |
COMPANY NUMBER | 02178727 (England and Wales) |
ACCOUNTANT | S&W Partners LLP |
4th Floor Cumberland House | |
15-17 Cumberland Place | |
Southampton | |
Hampshire | |
SO15 2BG |
Note | 2024 | 2023 | ||
£ | £ | |||
Current assets | ||||
Debtors | 3 |
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1,689,364 | 1,693,261 | |||
Creditors: amounts falling due within one year | 4 | (
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Net current assets | 1,683,536 | 1,689,163 | ||
Total assets less current liabilities | 1,683,536 | 1,689,163 | ||
Net assets |
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Capital and reserves | ||||
Called-up share capital |
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Profit and loss account |
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Total shareholder's funds |
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Directors' responsibilities:
The financial statements of Burlington Homes Limited (registered number:
Dr M C T J Newbold
Director |
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.
Burlington Homes Limited (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 45 Gresham Street, London, EC2V 7BG, 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 ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The functional currency of Burlington Homes Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.
These financial statements are separate financial statements.
The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast doubt on the Company's ability to continue as a going concern.
Financial assets and financial liabilities are recognised in the Balance Sheet when the Company becomes a party to the contractual provisions of the instrument.
Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost, using the effective interest rate method. A provision is established when there is objective evidence that the Company will not be able to collect all amounts due.
Financial liabilities and equity instruments issued by the Company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial
liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities. Equity instruments issued by the Company are recorded at the proceeds received, net of direct issue costs.
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.
2024 | 2023 | ||
Number | Number | ||
Monthly average number of persons employed by the Company during the year, including directors |
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2024 | 2023 | ||
£ | £ | ||
Amounts owed by Group undertakings |
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2024 | 2023 | ||
£ | £ | ||
Trade creditors |
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Other creditors |
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Other related party transactions
2024 | 2023 | ||
£ | £ | ||
Included in other debtors shows the amount due from St Ledger Investments Limited, a Company under common control. | 1,689,364 | 1,693,261 |