REGISTERED NUMBER: SC478957 (Scotland)

Unaudited Financial Statements

for the Period

1 July 2024 to 31 August 2025

for

BURN DEVELOPMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Douglas

REGISTERED OFFICE:

Baird Avenue Strutherhill Industrial Est

Carlisle Road

Larkhall

ML9 2PJ

REGISTERED NUMBER:

SC478957 (Scotland)

ACCOUNTANTS:

WDM Associates

Oakfield House

378 Brandon Street

Motherwell

ML1 1XA

FIXED ASSETS

Tangible assets

4

-

104,992

CURRENT ASSETS

Stocks

-

1,560,504

Debtors

5

10,137

22,265

Cash at bank

7,824

98,186

17,961

1,680,955

CREDITORS

Amounts falling due within one year

6

(12,904

)

(1,827,797

)

NET CURRENT ASSETS/(LIABILITIES)

5,057

(146,842

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,057

(41,850

)

PROVISIONS FOR LIABILITIES

-

(26,248

)

NET ASSETS/(LIABILITIES)

5,057

(68,098

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

5,056

(68,099

)

5,057

(68,098

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2025 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 25 September 2025 and were signed by:

A Douglas - Director

1.	STATUTORY INFORMATION

Burn Developments Limited is a private company, limited by shares , registered in Scotland. 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.

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.

Basic financial instruments

Basic financial instruments, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 July 2024

131,351

57,335

1,879

190,565

Additions

17,050

-

-

17,050

Disposals

(148,401

)

(57,335

)

(1,879

)

(207,615

)

At 31 August 2025

-

-

-

-

DEPRECIATION

At 1 July 2024

58,128

26,400

1,045

85,573

Charge for period

11,533

7,734

125

19,392

Eliminated on disposal

(69,661

)

(34,134

)

(1,170

)

(104,965

)

At 31 August 2025

-

-

-

-

NET BOOK VALUE

At 31 August 2025

-

-

-

-

At 30 June 2024

73,223

30,935

834

104,992

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

9,945

VAT

10,137

10,320

Prepayments

-

2,000

10,137

22,265

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

57,273

Social security and other taxes

2,489

1,481

Other creditors

-

50,000

Intercompany loan

-

282,077

Credit cards

8,105

25,290

Directors' current accounts

-

1,404,786

Accrued expenses

2,310

6,890

12,904

1,827,797