General Information
The Burton Manor Restoration Company Limited is a private company, limited by shares, registered in England and Wales, registration number 10585872, registration address C/O 2nd Floor, 56 Hamilton Square, Birkenhead, Merseyside, CH41 5AS.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Going concern basis
The financial statements have been prepared on a going concern basis on the understanding that the director and the third-party investor will continue to financially support the company.
Turnover
Turnover represents sales of properties within the development, legally completed as of the balance sheet date.
Taxation
Taxation for the year comprises current tax and 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 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.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Computer Equipment |
33% Straight Line
|
| Plant and Machinery |
25% Straight Line
|
Stocks
Work in progress is valued at the lower of cost and net realisable value. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
| 2. |
Average number of employees
Average number of employees during the year was 0 (2024 : 0).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Plant and Machinery |
|
Computer Equipment |
|
Total |
| |
£ |
|
£ |
|
£ |
| At 01 February 2024 |
15,000 |
|
2,704 |
|
17,704 |
| Additions |
- |
|
- |
|
- |
| Disposals |
- |
|
- |
|
- |
| At 31 January 2025 |
15,000 |
|
2,704 |
|
17,704 |
| Depreciation |
| At 01 February 2024 |
11,562 |
|
1,256 |
|
12,818 |
| Charge for year |
3,438 |
|
753 |
|
4,191 |
| On disposals |
- |
|
- |
|
- |
| At 31 January 2025 |
15,000 |
|
2,009 |
|
17,009 |
| Net book values |
| Closing balance as at 31 January 2025 |
- |
|
695 |
|
695 |
| Opening balance as at 01 February 2024 |
3,437 |
|
1,448 |
|
4,885 |
|
| 4. |
Stocks
|
2025
£ |
|
2024
£ |
| Work in Progress |
1,766,508 |
|
2,621,784 |
|
1,766,508 |
|
2,621,784 |
|
| 5. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Debtors |
0 |
|
2,276 |
| Other Debtors |
39,816 |
|
31,076 |
| VAT |
12,225 |
|
27,813 |
|
52,041 |
|
61,165 |
|
| 6. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Creditors |
66,401 |
|
249,355 |
| CIS Liability |
3,834 |
|
3,597 |
| Accrued Expenses |
77,270 |
|
101,464 |
| Other Creditors |
14,000 |
|
17,000 |
| Director: P K Betts |
3,449 |
|
1,766 |
|
164,954 |
|
373,182 |
|
| 7. |
Creditors: amount falling due after more than one year
|
2025
£ |
|
2024
£ |
| Other Creditors |
2,095,145 |
|
2,649,349 |
|
2,095,145 |
|
2,649,349 |
|
| 8. |
Share Capital
Allotted, called up and fully paid
|
2025
£ |
|
2024
£ |
|
100
Ordinary shares of £1.00 each |
100 |
|
100 |
|
100 |
|
100 |
|
2
|