REGISTERED NUMBER: 14364766 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2024

for

Burderop Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Dallimer

REGISTERED OFFICE:

Suite B Butts Road

Chiseldon

Swindon

Wiltshire

SN4 0PP

REGISTERED NUMBER:

14364766 (England and Wales)

ACCOUNTANTS:

Morley & Co (UK) Ltd

Chartered Certified Accountants,

2 Cricklade Court

Old Town

Swindon

Wiltshire

SN1 3EY

FIXED ASSETS

Tangible assets

4

3,214

292

Investment property

5

3,526,148

740,389

3,529,362

740,681

CURRENT ASSETS

Debtors

6

1,958,372

1,486,915

Cash at bank

1,970

230

1,960,342

1,487,145

CREDITORS

Amounts falling due within one year

7

2,552,428

1,249,725

NET CURRENT (LIABILITIES)/ASSETS

(592,086

)

237,420

TOTAL ASSETS LESS CURRENT LIABILITIES

2,937,276

978,101

CREDITORS

Amounts falling due after more than one year

8

(3,093,688

)

(1,000,000

)

PROVISIONS FOR LIABILITIES

-

(652

)

NET LIABILITIES

(156,412

)

(22,551

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(156,413

)

(22,552

)

SHAREHOLDERS' FUNDS

(156,412

)

(22,551

)

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

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

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 30 September 2025 and were signed by:

A Dallimer - Director

1.	STATUTORY INFORMATION

Burderop 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.

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

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

20% on cost

Investment property

Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure. Investment properties whose fair value can be measured reliably are measured at fair value. The surplus or deficit on revaluation is recognised in the profit and loss account accumulated in the profit and loss reserve unless a deficit below original cost, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the profit and loss account for the year.

Financial instruments

Basic financial instruments, including trade and other receivables and payables, cash and bank balances, bank loans and loans to or from other group companies are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

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 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 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.

Going concern

Although the company has net liabilities at the end of the period, the company is financially supported by other entities owned by the director and it's director when required. As a consequence, the director has a reasonable expectation that the company is well placed to manage its business risks successfully and accordingly adopts the going concern basis in preparing the annual report and accounts.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 October 2023

365

-

-

365

Additions

580

2,300

657

3,537

At 30 September 2024

945

2,300

657

3,902

DEPRECIATION

At 1 October 2023

73

-

-

73

Charge for year

92

422

101

615

At 30 September 2024

165

422

101

688

NET BOOK VALUE

At 30 September 2024

780

1,878

556

3,214

At 30 September 2023

292

-

-

292

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2023

740,389

Additions

2,785,759

At 30 September 2024

3,526,148

NET BOOK VALUE

At 30 September 2024

3,526,148

At 30 September 2023

740,389

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

as restated

£

£

Other debtors

1,111,821

964

Directors' current accounts

651,172

1,043,121

Tax

186,877

186,877

VAT

3,986

137,131

Prepayments and accrued income

4,516

118,822

1,958,372

1,486,915

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

as restated

£

£

Bank loans and overdrafts

-

399,970

Trade creditors

47,790

22,963

Tax

186,877

186,877

Other creditors

1,363,708

637,515

Accrued expenses

954,053

2,400

2,552,428

1,249,725

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

as restated

£

£

Bank loans - 1-2 years

3,093,688

1,000,000

9.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

as restated

£

£

Bank loans

3,093,688

1,399,970

Loans of £3,093,688 are secured against land and property with fixed and floating charges.

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 30 September 2024 and the period ended 30 September 2023:

2024

2023

as restated

£

£

A Dallimer

Balance outstanding at start of year

1,043,121

-

Amounts advanced

620,768

1,043,121

Amounts repaid

(1,012,717

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

651,172

1,043,121

11.	RELATED PARTY DISCLOSURES

At the balance sheet date a balance of £1,111,821 which is included within other debtors was owed by companies under common control. The balance is repayable on demand.

At the balance sheet date a balance of £878,708 which is included within other creditors was owed to companies under common control. The balance is repayable on demand.