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REGISTERED NUMBER: 04317996 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 November 2024

for

Burncroft Limited
T/A
Vanguard Models

Burncroft Limited (Registered number: 04317996)
T/A Vanguard Models

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 4


Burncroft Limited
T/A Vanguard Models

Company Information
for the Year Ended 30 November 2024







DIRECTOR: C J Watton



REGISTERED OFFICE: 70b High Street
Cinderford
Gloucestershire
GL14 2SZ



REGISTERED NUMBER: 04317996 (England and Wales)



ACCOUNTANTS: HATS Gloucester Ltd
48 Hucclecote Road
Gloucester
Gloucestershire
GL3 3RS



BANKERS: Santander
Bootle
Merseyside
L30 4GB

Burncroft Limited (Registered number: 04317996)
T/A Vanguard Models

Statement of Financial Position
30 November 2024

30/11/24 30/11/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 40,480 47,394

CURRENT ASSETS
Stocks 11,000 11,000
Debtors 5 8,550 1,214
Cash at bank 108,679 63,548
128,229 75,762
CREDITORS
Amounts falling due within one year 6 65,056 29,350
NET CURRENT ASSETS 63,173 46,412
TOTAL ASSETS LESS CURRENT
LIABILITIES

103,653

93,806

PROVISIONS FOR LIABILITIES 6,975 7,898
NET ASSETS 96,678 85,908

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 96,677 85,907
SHAREHOLDERS' FUNDS 96,678 85,908

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.

Burncroft Limited (Registered number: 04317996)
T/A Vanguard Models

Statement of Financial Position - continued
30 November 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 director and authorised for issue on 14 August 2025 and were signed by:





C J Watton - Director


Burncroft Limited (Registered number: 04317996)
T/A Vanguard Models

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


1. STATUTORY INFORMATION

Burncroft 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.

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.
Leasehold improvements - Straight line over 5 years
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 10% on reducing balance
Computer equipment - 35% on reducing balance

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

Burncroft Limited (Registered number: 04317996)
T/A Vanguard Models

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


4. TANGIBLE FIXED ASSETS
Fixtures
Leasehold Plant and and Computer
improvements machinery fittings equipment Totals
£    £    £    £    £   
Cost
At 1 December 2023 12,704 45,992 3,492 12,154 74,342
Additions - - 329 105 434
At 30 November 2024 12,704 45,992 3,821 12,259 74,776
Depreciation
At 1 December 2023 5,465 11,164 1,057 9,262 26,948
Charge for year 2,540 3,483 276 1,049 7,348
At 30 November 2024 8,005 14,647 1,333 10,311 34,296
Net book value
At 30 November 2024 4,699 31,345 2,488 1,948 40,480
At 30 November 2023 7,239 34,828 2,435 2,892 47,394

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/24 30/11/23
£    £   
Trade debtors 2,097 556
Other debtors 6,453 658
8,550 1,214

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/24 30/11/23
£    £   
Bank loans and overdrafts 17,732 10,907
Trade creditors 685 523
Taxation and social security 16,495 14,619
Other creditors 30,144 3,301
65,056 29,350

7. RELATED PARTY DISCLOSURES

C J Watton
Director

At 30 November 2024, the company owed the director £27,144 (2023 - £920). The loan, included within other creditors, is made up of business expenses not yet reimbursed and declared dividends directly credited to the director's loan account. The loan balance is repayable to the director on demand.