Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312024-01-01false88truefalsefalse 03507288 2024-01-01 2024-12-31 03507288 2023-01-01 2023-12-31 03507288 2024-12-31 03507288 2023-12-31 03507288 c:CompanySecretary1 2024-01-01 2024-12-31 03507288 c:Director1 2024-01-01 2024-12-31 03507288 c:Director2 2024-01-01 2024-12-31 03507288 c:Director2 2024-12-31 03507288 c:Director3 2024-01-01 2024-12-31 03507288 c:Director3 2024-12-31 03507288 c:RegisteredOffice 2024-01-01 2024-12-31 03507288 d:Buildings 2024-01-01 2024-12-31 03507288 d:Buildings 2024-12-31 03507288 d:Buildings 2023-12-31 03507288 d:Buildings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03507288 d:PlantMachinery 2024-01-01 2024-12-31 03507288 d:PlantMachinery 2024-12-31 03507288 d:PlantMachinery 2023-12-31 03507288 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03507288 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03507288 d:CurrentFinancialInstruments 2024-12-31 03507288 d:CurrentFinancialInstruments 2023-12-31 03507288 d:Non-currentFinancialInstruments 2024-12-31 03507288 d:Non-currentFinancialInstruments 2023-12-31 03507288 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 03507288 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 03507288 d:ShareCapital 2024-12-31 03507288 d:ShareCapital 2023-12-31 03507288 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 03507288 d:RetainedEarningsAccumulatedLosses 2024-12-31 03507288 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 03507288 d:RetainedEarningsAccumulatedLosses 2023-12-31 03507288 d:RetainedEarningsAccumulatedLosses 2023-01-01 03507288 c:FRS102 2024-01-01 2024-12-31 03507288 c:Audited 2024-01-01 2024-12-31 03507288 c:FullAccounts 2024-01-01 2024-12-31 03507288 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03507288 2 2024-01-01 2024-12-31 03507288 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Company registration number: 03507288







DIRECTORS' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024


BURHILL DEVELOPMENTS LIMITED






































img083a.png                        

 


BURHILL DEVELOPMENTS LIMITED
 


 
COMPANY INFORMATION


Directors
James Conlan 
Colin Mayes (resigned 1 April 2025)
Simon Thompson (appointed 6 December 2024)




Company secretary
James Conlan



Registered number
03507288



Registered office
Burhill

Walton On Thames

Surrey

KT12 4BX




Independent auditor
Menzies LLP
Chartered Accountants & Statutory Auditor

4th Floor

95 Gresham Street

London

EC2V 7AB





 


BURHILL DEVELOPMENTS LIMITED
 



CONTENTS



Page
Directors' report
1 - 2
Independent auditor's report
3 - 6
Statement of income and retained earnings
7
Balance sheet
8
Notes to the financial statements
9 - 14


 


BURHILL DEVELOPMENTS LIMITED
 


 
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024

The directors present their report together with the audited financial statements for the year ended 31 December 2024.

Directors' responsibilities statement

The directors are responsible for preparing the strategic report, the directors' report and the financial statements in accordance with applicable law and regulations.
 
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the group and company financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the group and company and of the profit or loss of the group for that period.

 In preparing these financial statements, the directors are required to:


select suitable accounting policies and then apply them consistently;

make judgements and accounting estimates that are reasonable and prudent;

state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Group will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud.

Principal activity

The company's principal activities are property trading, property development and estates management.

Directors

The directors who served during the year were:

James Conlan 
Colin Mayes (resigned 1 April 2025)
Simon Thompson (appointed 6 December 2024)

Going concern

The financial statements have been prepared on a going concern basis and further details are set out in note 2.2 in the financial statements.

Disclosure of information to auditor

Each of the persons who are directors at the time when this Directors' report is approved has confirmed that:
 
so far as the director is aware, there is no relevant audit information of which the Company's auditor is unaware, and

the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company's auditor is aware of that information.

Auditor

The auditors, Menzies LLP, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.

Page 1

 


BURHILL DEVELOPMENTS LIMITED
 


 
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024

Small companies note

In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board and signed on its behalf.
 





James Conlan
Director

Date: 9 July 2025

Page 2

 


BURHILL DEVELOPMENTS LIMITED
 

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INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BURHILL DEVELOPMENTS LIMITED

Opinion


We have audited the financial statements of Burhill Developments Limited (the 'Company') for the year ended 31 December 2024, which comprise the Statement of income and retained earnings, the Balance sheet and the related notes, including a summary of significant accounting policiesThe financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).


In our opinion the financial statements:


give a true and fair view of the state of the Company's affairs as at 31 December 2024 and of its profit for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.


Basis for opinion


We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.


Conclusions relating to going concern


In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.


Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.


Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.


Other information


The other information comprises the information included in the Annual Report other than the financial statements and our Auditor's report thereon. The directors are responsible for the other information contained within the Annual ReportOur opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.


We have nothing to report in this regard.


Page 3

 


BURHILL DEVELOPMENTS LIMITED


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INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BURHILL DEVELOPMENTS LIMITED (CONTINUED)

Opinion on other matters prescribed by the Companies Act 2006
 

In our opinion, based on the work undertaken in the course of the audit:


the information given in the Directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
the Directors' report has been prepared in accordance with applicable legal requirements.


Matters on which we are required to report by exception
 

In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Directors' report.


We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:


adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of directors' remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit; or
the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the Directors' report and from the requirement to prepare a Strategic report.


Responsibilities of directors
 

As explained more fully in the Directors' responsibilities statement set out on page 1, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.


In preparing the financial statements, the directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so.


Page 4

 


BURHILL DEVELOPMENTS LIMITED


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INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BURHILL DEVELOPMENTS LIMITED (CONTINUED)

Auditor's responsibilities for the audit of the financial statements
 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.


Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

The Company is subject to laws and regulations that directly affect the financial statements including financial reporting legislation. We determined that the following laws and regulations were most significant:
 
The Companies Act 2006;
Financial Reporting Standard 102;
UK employment legislation;
UK health and safety legislation; and
UK tax legislation

We assessed the extent of compliance with these laws and regulations as part of our procedures on the related financial statement items.
We understood how the Company is complying with those legal and regulatory frameworks by making inquiries to management and those responsible for legal and compliance procedures.
The engagement partner assessed whether the engagement team collectively had the appropriate competence and capabilities to identify or recognise non-compliance with laws and regulations. He did not identify any issues in this area.
We assessed the susceptibility of the Company's financial statements to material misstatement, including how fraud might occur. Audit procedures performed by the engagement team included:
 
Identifying and assessing the design effectiveness of controls management has in place to prevent and detect fraud;
Understanding how those charged with governance considered and addressed the potential for override of controls or other inappropriate influence over the financial reporting process;
Challenging assumptions and judgements made by management in its significant accounting estimates; and
Identifying and testing journal entries, in particular any journal entries posted outside of the normal working patterns of the accounts team, or with unusual descriptions or account combinations.

As a result of the above procedures, we considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud in the following areas:
The application of inappropriate judgements or estimation to manipulate the financial position in the calculation of the year end provisions;
The posting of unusual journals and complex transactions; or
The use of management override of controls to manipulate results.


Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.


A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditor's report.


Page 5

 


BURHILL DEVELOPMENTS LIMITED


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INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BURHILL DEVELOPMENTS LIMITED (CONTINUED)

Use of our report
 

This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.





Andrew Wooding FCA (Senior statutory auditor)
  
for and on behalf of
Menzies LLP
 
Chartered Accountants
Statutory Auditor
  
4th Floor
95 Gresham Street
London
EC2V 7AB

11 July 2025
Page 6

 


BURHILL DEVELOPMENTS LIMITED
 


 
STATEMENT OF INCOME AND RETAINED EARNINGS
FOR THE YEAR ENDED 31 DECEMBER 2024

2024
2023
£
£


Turnover
1,165,646
745,528

Cost of sales
(12,099)
-

Gross profit
1,153,547
745,528

Administrative expenses
(1,130,286)
(995,302)

Operating profit/(loss)
23,261
(249,774)

Interest receivable and similar income
73,152
64,152

Profit/(loss) before tax
96,413
(185,622)

Tax on profit/(loss)
(25,149)
4,596

Profit/(loss) after tax
71,264
(181,026)



Retained earnings at the beginning of the year
7,481,855
7,662,881

7,481,855
7,662,881

Profit/(loss) for the year
71,264
(181,026)

Retained earnings at the end of the year
7,553,119
7,481,855
The notes on pages 9 to 14 form part of these financial statements.

Page 7

 


BURHILL DEVELOPMENTS LIMITED
REGISTERED NUMBER:03507288



BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
302,402
371,304

  
302,402
371,304

Current assets
  

Stocks
  
6,551,771
6,532,900

Debtors: amounts falling due after more than one year
 5 
1,011,362
938,210

Debtors: amounts falling due within one year
 5 
7,094,223
6,998,182

Cash at bank and in hand
  
99,172
62,334

  
14,756,528
14,531,626

Creditors: amounts falling due within one year
 6 
(7,490,269)
(7,408,097)

Net current assets
  
 
 
7,266,259
 
 
7,123,529

Total assets less current liabilities
  
7,568,661
7,494,833

Provisions for liabilities
  

Deferred tax
  
(15,442)
(12,878)

  
 
 
(15,442)
 
 
(12,878)

Net assets
  
7,553,219
7,481,955


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
7,553,119
7,481,855

  
7,553,219
7,481,955


The financial statements have been prepared 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 financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




James Conlan
Simon Thompson
Director
Director


Date: 9 July 2025
Date:9 July 2025

The notes on pages 9 to 14 form part of these financial statements.

Page 8

 


BURHILL DEVELOPMENTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Burhill Developments Limited is a private company incorporated in England and Wales under the Companies Act 2006. It is a company limited by shares. The address of the registered office is given on the Company Information page and the nature of the Company's operations and its principal activities are set out in the Directors' Report.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

In preparing the financial statements the Directors are required to assess the Company's ability to continue to trade as a going concern for the foreseeable future.
In undertaking this assessment, the Directors have given due consideration to the Company’s banking facilities, historical and current trading, together with the forward-looking projections.
The Directors have reviewed the Group and Company cash flow forecasts and based on their best assessment therefore believe that the Group and the Company will have sufficient financing in place to ensure cash flow requirements are satisfied for at least the next twelve months. As such, the Directors continue to adopt the going concern basis of accounting in preparing the annual financial statements. Consequently, the financial statements do not include any adjustments that would result if the Company were unable to continue as a going concern.

 
2.3

Interest income

Interest income is recognised in the Statement of Comprehensive Income using the effective interest method.

  
2.4

Turnover

Turnover represents gross rental charges receivable during the year excluding value added tax and sale of trading property less value added tax. Rental turnover is recognised over the year it relates to. Trading property turnover is recognised on the date of legal completion.

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 9

 


BURHILL DEVELOPMENTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
 
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

The Company adds to the carrying amount of an item of fixed assets the cost of replacing part of such an item when that cost is incurred, if the replacement part is expected to provide incremental future benefits to the Company. The carrying amount of the replaced part is derecognised. Repairs and maintenance are charged to profit or loss during the period in which they are incurred.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold land and buildings
-
25 to 50 years straight line per annum
Plant and machinery
-
5 to 10 years straight line per annum

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Comprehensive Income.

Page 10

 


BURHILL DEVELOPMENTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

  
2.8

Impairment of fixed assets

Assets that are subject to depreciation or amortisation are assessed at each balance sheet date to determine whether there is any indication that the assets are impaired. Where there is any indication that an asset may be impaired, the carrying value of the asset (or cash-generating unit to which the asset has been allocated) is tested for impairment. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset's (or CGU's) fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (CGUs). Non-financial assets that have been previously impaired are reviewed at each balance sheet date to assess whether there is any indication that the impairment losses recognised in prior periods may no longer exist or may have decreased.

  
2.9

Stocks

Stock relates to properties held for resale. Property in the course of or planned development is valued at the lower of direct cost and realisable value. Direct cost comprises the cost of land and buildings. Net realisable value is based upon estimated selling price less additional costs to completion and disposal.

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.12

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 8 (2023 - 8).

Page 11

 


BURHILL DEVELOPMENTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Freehold land and buildings
Plant and machinery
Total

£
£
£



Cost or valuation


At 1 January 2024
11,248
1,066,350
1,077,598


Additions
-
40,522
40,522


Disposals
-
(454,978)
(454,978)



At 31 December 2024

11,248
651,894
663,142



Depreciation


At 1 January 2024
7,555
698,739
706,294


Charge for the year on owned assets
104
84,228
84,332


Disposals
-
(429,886)
(429,886)



At 31 December 2024

7,659
353,081
360,740



Net book value



At 31 December 2024
3,589
298,813
302,402



At 31 December 2023
3,693
367,611
371,304

Page 12

 


BURHILL DEVELOPMENTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Debtors

2024
2023
£
£

Due after more than one year

Other debtors
1,011,362
938,210

1,011,362
938,210


2024
2023
£
£

Due within one year

Trade debtors
58,483
35,751

Amounts owed by group undertakings
7,026,280
6,914,274

Other debtors
202
40,202

Prepayments and accrued income
9,258
3,380

Tax recoverable
-
4,575

7,094,223
6,998,182



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
31,415
53,217

Amounts owed to group undertakings
7,327,320
7,237,243

Corporation tax
22,606
-

Other taxation and social security
10,687
10,742

Other creditors
286
-

Accruals and deferred income
97,955
106,895

7,490,269
7,408,097



7.


Related party transactions

The Company has taken advantage of the exemption available under FRS 102 S.33.1A and not disclosed transactions with other wholly owned companies of the group headed by Burhill Group Limited, as the Company is itself a wholly owned subsidiary of Burhill Group Limited. 
Companies under common ownership
There are balances owed from related parties whose shareholders are common to Burhill Group Limited, the ultimate parent company. The balances remain unpaid at the year end and are included in debtors due more than one year. During the year interest of £73,152 (2023 - £64,152) has accrued on these loans.

Page 13

 


BURHILL DEVELOPMENTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

8.


Controlling party

The Company is a subsidiary of Burhill Group Limited, which is the ultimate parent company.
The largest group in which the results of the Company are consolidated is that headed by Burhill Group Limited. The address of the ultimate parent's registered office is Burhill, Burwood Road, Walton On Thames, Surrey, KT12 4BX. The consolidated accounts of this Company are available to the public at Companies House, Cardiff, CF14 3UZ. No other group accounts include the results of the Company.
There is no ultimate controlling party.

 
Page 14