REGISTERED NUMBER: 04504087 (England and Wales)

Unaudited Financial Statements

for the Period 1 March 2024 to 31 December 2024

for

CHARLES BURNAND LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S P Stewart

M J Totten

REGISTERED OFFICE:

27 Whitfield Street

London

W1T 2SE

REGISTERED NUMBER:

04504087 (England and Wales)

ACCOUNTANTS:

Feist Hedgethorne Limited

Chartered Accountants

Preston Park House

South Road

Brighton

East Sussex

BN1 6SB

FIXED ASSETS

Tangible assets

4

35,777

52,287

CURRENT ASSETS

Stocks

5

341,512

267,000

Debtors

6

210,293

137,882

Cash at bank and in hand

196,027

38,534

747,832

443,416

CREDITORS

Amounts falling due within one year

7

(1,406,153

)

(246,942

)

NET CURRENT (LIABILITIES)/ASSETS

(658,321

)

196,474

TOTAL ASSETS LESS CURRENT LIABILITIES

(622,544

)

248,761

CREDITORS

Amounts falling due after more than one year

8

(201,613

)

(469,205

)

PROVISIONS FOR LIABILITIES

(6,798

)

(13,072

)

NET LIABILITIES

(830,955

)

(233,516

)

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

10

(830,957

)

(233,518

)

SHAREHOLDERS' FUNDS

(830,955

)

(233,516

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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.

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 24 September 2025 and were signed on its behalf by:

M J Totten - Director

1.	STATUTORY INFORMATION

Charles Burnand Ltd 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.

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

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 represents amounts receivable for finished projects, net of value added tax. Income is recognised when the outcome of a project can be reliably measured, the project is complete, and the significant risks and rewards of ownership have been transferred to the customer.

Income relating to work in progress at the reporting date is deferred and included within creditors as deferred income. This ensures that turnover reflects only the value of projects completed during the year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

20% 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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 9 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 March 2024

72,962

34,394

107,356

Disposals

(13,317

)

(20,181

)

(33,498

)

At 31 December 2024

59,645

14,213

73,858

DEPRECIATION

At 1 March 2024

35,584

19,485

55,069

Charge for period

7,325

1,588

8,913

Eliminated on disposal

(11,101

)

(14,800

)

(25,901

)

At 31 December 2024

31,808

6,273

38,081

NET BOOK VALUE

At 31 December 2024

27,837

7,940

35,777

At 29 February 2024

37,378

14,909

52,287

5.

STOCKS

2024

2024

£

£

Stock

341,512

267,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

£

£

Trade debtors

26,036

53,145

Other debtors

184,257

84,737

210,293

137,882

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

£

£

Bank loans and overdrafts

295,014

49,154

Trade creditors

151,605

161,656

Taxation and social security

11,099

2,619

Other creditors

948,435

33,513

1,406,153

246,942

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2024

£

£

Bank loans

98,573

79,626

Other creditors

103,040

389,579

201,613

469,205

Amounts falling due in more than five years:

Repayable by instalments

Bank loans 1-2 Yrs

98,573

79,626

Bank Loan more 5yrs instal

103,040

389,579

201,613

469,205

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2024

value:

£

£

2

Ordinary

1

2

2

10.

RESERVES

Retained

earnings

£

At 1 March 2024

(233,518

)

Deficit for the period

(597,439

)

At 31 December 2024

(830,957

)

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end, an amount of £23,718 (2024: £45,208) was outstanding from the directors. The loan is repayable on demand and interest was charged at 2.25% per annum.

During the year, advances to the director totalled £97,168 and repayments amounted to £119,797.