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REGISTERED NUMBER: SC549466 (Scotland)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

Burach Limited

Burach Limited (Registered number: SC549466)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Burach Limited

Company Information
for the Year Ended 30 November 2024







DIRECTOR: A M Lavery





REGISTERED OFFICE: Burach
Carnbo
Kinross
KY13 0NX





REGISTERED NUMBER: SC549466 (Scotland)





ACCOUNTANTS: One Accounting Ltd
Chartered Management Accountants
Drumsheugh Toll
2 Belford Road
Edinburgh
Midlothian
EH4 3BL

Burach Limited (Registered number: SC549466)

Statement of Financial Position
30 November 2024

30.11.24 30.11.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 6,330 8,688

CURRENT ASSETS
Stocks 1,500 1,200
Debtors 5 48,478 45,658
Cash at bank and in hand 2,621 4,677
52,599 51,535
CREDITORS
Amounts falling due within one year 6 30,487 30,122
NET CURRENT ASSETS 22,112 21,413
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,442

30,101

CREDITORS
Amounts falling due after more than one year 7 (26,310 ) (27,228 )

PROVISIONS FOR LIABILITIES (1,582 ) (2,172 )
NET ASSETS 550 701

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 546 697
SHAREHOLDERS' FUNDS 550 701

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 May 2025 and were signed by:




A M Lavery - Director


Burach Limited (Registered number: SC549466)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Burach Limited is a private company, limited by shares , registered in Scotland. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Computer equipments - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 13 ) .

Burach Limited (Registered number: SC549466)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipments Totals
£    £    £    £    £   
COST
At 1 December 2023 1,149 13,244 1,769 4,637 20,799
Additions - 856 - 238 1,094
At 30 November 2024 1,149 14,100 1,769 4,875 21,893
DEPRECIATION
At 1 December 2023 728 6,612 1,234 3,537 12,111
Charge for year 230 2,126 256 840 3,452
At 30 November 2024 958 8,738 1,490 4,377 15,563
NET BOOK VALUE
At 30 November 2024 191 5,362 279 498 6,330
At 30 November 2023 421 6,632 535 1,100 8,688

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Other debtors 25,612 23,279
Directors' current accounts 22,031 20,498
Prepayments and accrued income 835 1,881
48,478 45,658

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts 4,958 3,333
Trade creditors 1,765 3,438
Tax 5,839 8,735
Social security and other taxes 1,324 1,307
VAT 13,111 10,102
Other creditors 533 343
Accrued expenses 2,957 2,864
30,487 30,122

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans - 1-2 years 4,444 4,444
Bank loans - 2-5 years 13,333 13,333
Bank loans more 5 yr by instal 8,533 9,451
26,310 27,228

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 8,533 9,451

Burach Limited (Registered number: SC549466)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2024 and 30 November 2023:

30.11.24 30.11.23
£    £   
A M Lavery
Balance outstanding at start of year 20,498 7,629
Amounts advanced 33,903 29,736
Amounts repaid (32,371 ) (16,867 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 22,030 20,498

Interest is charged at a rate of 2.25% on the loan on balances exceeding £10,000.

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £21,000 (2023 - £7,000) were paid to the director .