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REGISTERED NUMBER: 00573525 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 October 2024

for

W.A.Burdall and Company

W.A.Burdall and Company (Registered number: 00573525)

Contents of the Financial Statements
for the Year Ended 31 October 2024










Page

Chartered accountants' report 1

Statement of financial position 2 to 3

Notes to the financial statements 4 to 8


Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
W.A.Burdall and Company


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of W.A.Burdall and Company for the year ended 31 October 2024 which comprise the Income statement, Statement of financial position, Statement of changes in equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of W.A.Burdall and Company, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of W.A.Burdall and Company and state those matters that we have agreed to state to the Board of Directors of W.A.Burdall and Company, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than W.A.Burdall and Company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that W.A.Burdall and Company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of W.A.Burdall and Company. You consider that W.A.Burdall and Company is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of W.A.Burdall and Company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB


17 June 2025

W.A.Burdall and Company (Registered number: 00573525)

Statement of Financial Position
31 October 2024

2024 2023
Notes £    £    £   
Fixed assets
Tangible assets 5 693,520 660,786
Investment property 6 766,000 733,000
1,459,520 1,393,786

Current assets
Debtors 7 166,901 151,812
Cash at bank 1,001,047 934,797
1,167,948 1,086,609
Creditors
Amounts falling due within one year 8 145,361 122,059
Net current assets 1,022,587 964,550
Total assets less current liabilities 2,482,107 2,358,336

Creditors
Amounts falling due after more than one
year

9

-

(2,083

)

Provisions for liabilities (176,639 ) (159,966 )
Net assets 2,305,468 2,196,287

Capital and reserves
Called up share capital 12 7,000 7,000
Non-distributable reserve 215,795 191,045
Retained earnings 2,082,673 1,998,242
Shareholders' funds 2,305,468 2,196,287

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

W.A.Burdall and Company (Registered number: 00573525)

Statement of Financial Position - continued
31 October 2024


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 Board of Directors and authorised for issue on 17 June 2025 and were signed on its behalf by:





Mr C S Burdall - Director


W.A.Burdall and Company (Registered number: 00573525)

Notes to the Financial Statements
for the Year Ended 31 October 2024


1. Statutory information

W.A.Burdall and Company is a private company , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 00573525

Registered office: Fleming Road
Enterprise Park
Pinchbeck
Spalding
Lincolnshire
PE11 3TZ

The presentation currency of the financial statements is the Pound Sterling (£).


2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and VAT.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 10% on reducing balance
Fixtures and fittings - at variable rates on reducing balance
Motor vehicles - 20% on reducing balance

Estimation of useful life

The useful economic life used to depreciate tangible fixed assets relates to the expected future
performance of the assets acquired and management's estimate of the period over which economic benefit will be derived from the asset.

Estimation of residual value

The residual value of an asset is the estimated fair value of that asset at the end of its useful
economic life and therefore is also dependent upon the estimation of that life span.Historically, changes to the useful economic life and residual values have not had a material impact on the depreciation amount charged to the profit and loss.

W.A.Burdall and Company (Registered number: 00573525)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024


3. Accounting policies - continued

Investment property
Investment property is shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is included in the fair value reserve net of the related tax effect.

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.

Current or deferred taxation assets and liabilities are not discounted.

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 statement of financial position date.

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.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expenses over the lease term on a straight-line basis.

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.

4. Employees and directors

The average number of employees during the year was 10 (2023 - 10 ) .

W.A.Burdall and Company (Registered number: 00573525)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024


5. Tangible fixed assets
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
Cost
At 1 November 2023 266,072 337,008 11,140 375,830 990,050
Additions - 94,650 - 50,995 145,645
Disposals - (32,750 ) - (38,000 ) (70,750 )
At 31 October 2024 266,072 398,908 11,140 388,825 1,064,945
Depreciation
At 1 November 2023 - 133,005 8,407 187,852 329,264
Charge for year - 27,717 348 43,903 71,968
Eliminated on disposal - (11,263 ) - (18,544 ) (29,807 )
At 31 October 2024 - 149,459 8,755 213,211 371,425
Net book value
At 31 October 2024 266,072 249,449 2,385 175,614 693,520
At 31 October 2023 266,072 204,003 2,733 187,978 660,786

6. Investment property
Total
£   
Fair value
At 1 November 2023 733,000
Revaluations 33,000
At 31 October 2024 766,000
Net book value
At 31 October 2024 766,000
At 31 October 2023 733,000

Fair value at 31 October 2024 is represented by:
£   
Valuation in 2015 60,431
Valuation in 2016 27,000
Valuation in 2017 13,500
Valuation in 2019 10,595
Valuation in 2020 53,924
Valuation in 2021 177,277
Valuation in 2022 (1,000 )
Valuation in 2023 (87,000 )
Valuation in 2024 33,000
Cost 478,273
766,000

Investment properties were valued on an open market basis on 31 October 2024 by the director .

W.A.Burdall and Company (Registered number: 00573525)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024


7. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 155,756 143,074
Amounts owed by group undertakings 1,200 -
Directors' current accounts - 152
Prepayments and accrued income 9,945 8,586
166,901 151,812

8. Creditors: amounts falling due within one year
2024 2023
£    £   
Hire purchase contracts (see note 10) 2,084 5,000
Trade creditors 59,585 44,309
Corporation tax 48,040 28,459
Social security and other taxes 7,668 -
VAT 17,398 24,420
Other creditors 1,419 1,063
Directors' current accounts 693 -
Accruals and deferred income 8,474 18,808
145,361 122,059

9. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Hire purchase contracts (see note 10) - 2,083

10. Leasing agreements

Minimum lease payments under hire purchase fall due as follows:

2024 2023
£    £   
Net obligations repayable:
Within one year 2,084 5,000
Between one and five years - 2,083
2,084 7,083

11. Secured debts

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 2,084 7,083

Amounts owed under hire purchase contracts are secured upon the assets to which they relate.

W.A.Burdall and Company (Registered number: 00573525)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024


12. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
7,000 Ordinary £1 7,000 7,000

13. Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

2024 2023
£    £   
Mr C S Burdall
Balance outstanding at start of year 152 (3,114 )
Amounts advanced 1,919 11,776
Amounts repaid (2,764 ) (8,510 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (693 ) 152

14. Ultimate controlling party

The ultimate parent company is W A Burdall & Co. (Service Station) Limited which is incorporated in England and Wales.

The company and its parent company together comprise a small group. Hence the company is able to take advantage of the exemption from audit.