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REGISTERED NUMBER: 04267335 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 APRIL 2023 TO 30 SEPTEMBER 2024

FOR

BURNS ACQUISITIONS LIMITED

BURNS ACQUISITIONS LIMITED (REGISTERED NUMBER: 04267335)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BURNS ACQUISITIONS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024







DIRECTORS: J Burns
Miss S Lillywhite





SECRETARY: J Burns





REGISTERED OFFICE: Unit 16
Silk Mill Business Park
Brook Street
Tring
Hertfordshire
HP23 5EF





REGISTERED NUMBER: 04267335 (England and Wales)





ACCOUNTANTS: TC Group
Baird House
Seebeck Place
Knowlhill
Milton Keynes
Buckinghamshire
MK5 8FR

BURNS ACQUISITIONS LIMITED (REGISTERED NUMBER: 04267335)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 73,716 -
Investments 5 6,360,427 6,360,427
6,434,143 6,360,427

CURRENT ASSETS
Stocks 873,355 787,902
Debtors 6 2,562,033 2,366,673
Cash at bank 12,029 14,232
3,447,417 3,168,807
CREDITORS
Amounts falling due within one year 7 524,120 1,136,481
NET CURRENT ASSETS 2,923,297 2,032,326
TOTAL ASSETS LESS CURRENT LIABILITIES 9,357,440 8,392,753

CREDITORS
Amounts falling due after more than one
year

8

(4,297,091

)

(4,289,461

)

PROVISIONS FOR LIABILITIES (854,758 ) (858,682 )
NET ASSETS 4,205,591 3,244,610

CAPITAL AND RESERVES
Called up share capital 10 100 100
Fair value reserve 11 2,576,044 2,576,044
Retained earnings 1,629,447 668,466
SHAREHOLDERS' FUNDS 4,205,591 3,244,610

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 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.

BURNS ACQUISITIONS LIMITED (REGISTERED NUMBER: 04267335)

BALANCE SHEET - continued
30 SEPTEMBER 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 25 June 2025 and were signed on its behalf by:




J Burns - Director



Miss S Lillywhite - Director


BURNS ACQUISITIONS LIMITED (REGISTERED NUMBER: 04267335)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Burns Acquisitions Limited is a private company, limited by shares , registered in England and Wales. 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance

Investments in associates
Interests in subsidiaries associates and jointly controlled entities are initially measures at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in the fair value are recognized in the profit and loss account.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

Government grants
Government revenue based grants are recognised in the profit and loss account in the same period as the expenditure to which the grant relates.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

BURNS ACQUISITIONS LIMITED (REGISTERED NUMBER: 04267335)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024


4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
Additions 98,288
At 30 September 2024 98,288
DEPRECIATION
Charge for period 24,572
At 30 September 2024 24,572
NET BOOK VALUE
At 30 September 2024 73,716

5. FIXED ASSET INVESTMENTS
Investment
in
subsidiaries
£   
COST OR VALUATION
At 1 April 2023
and 30 September 2024 6,360,427
NET BOOK VALUE
At 30 September 2024 6,360,427
At 31 March 2023 6,360,427

Cost or valuation at 30 September 2024 is represented by:

Investment
in
subsidiaries
£   
Valuation in 2018 2,586,090
Valuation in 2019 271,453
Valuation in 2022 577,183
Cost 2,925,701
6,360,427

If investment in subsidiaries had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 2,925,701 2,925,701

investment in subsidiaries were valued on an open market basis on 31 March 2022 by the director .

BURNS ACQUISITIONS LIMITED (REGISTERED NUMBER: 04267335)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024


6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Other debtors 28,200 681,320

Amounts falling due after more than one year:
Amounts owed by associates 2,533,833 1,685,353

Aggregate amounts 2,562,033 2,366,673

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 47,535 183,117
Trade creditors 118,043 882
Amounts owed to group undertakings 351,727 917,124
Taxation and social security 172 147
Other creditors 6,643 35,211
524,120 1,136,481

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 4,297,091 4,289,461

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 4,344,626 4,472,578

The loan is secured by way of third party legal mortgage over the freehold property held by the wholly owned subsidiary Margisal Limited. In addition there is a first legal mortgage on the freehold property held by Burns Acquisitions Limited.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100

BURNS ACQUISITIONS LIMITED (REGISTERED NUMBER: 04267335)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024


11. RESERVES
Fair
value
reserve
£   
At 1 April 2023
and 30 September 2024 2,576,044