| Burford Delta Limited |
| Registered number: |
04930714 |
| Abridged Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Investments |
3 |
|
|
696,228 |
|
|
696,228 |
|
| Current assets |
| Debtors |
4 |
|
24,175,001 |
|
|
24,256,867 |
|
| Creditors: amounts falling due within one year |
5 |
|
(1,746,457) |
|
|
(1,820,292) |
|
| Net current assets |
|
|
|
22,428,544 |
|
|
22,436,575 |
|
| Net assets |
|
|
|
23,124,772 |
|
|
23,132,803 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
6,850,001 |
|
|
6,850,001 |
| Profit and loss account |
|
|
|
16,274,771 |
|
|
16,282,802 |
|
| Shareholders' funds |
|
|
|
23,124,772 |
|
|
23,132,803 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
| The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006. |
|
|
|
|
| J Gleek |
| Director |
| Approved by the board on 17 October 2025 |
|
| Burford Delta Limited |
| Notes to the Abridged Accounts |
| for the year ended 31 March 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The abridged 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 |
|
The director has considered the funding and liquidity position of the Company and considers it appropriate to continue to prepare the financial statements on a going concern basis. |
|
|
Related party exemption |
|
The company has taken advantage of the exemption in FRS 102 not to disclose related party transactions or balances with entities which form part of the group. |
|
|
Preparation of consolidated financial statements |
|
The financial statements contain information about Burford Delta Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399 of the Companies Act 2006 from the requirement to prepare consolidated financial statements. |
|
|
Recognition of profits |
|
Purchases and sales of property stock, when applicable, are accounted for upon completion of contracts. |
|
|
Turnover |
|
Turnover represents rents receivable during the year and trading property sales proceeds (all excluding value added Tax ). |
|
|
Investments |
|
In the Company's financial statement, investments in subsidiary undertakings are stated at cost less any impairment in value. |
|
|
Stocks |
|
Stock comprises properties held for development and are stated at the lower of cost or net realisable value, which is based on the estimated selling price less costs expected to be incurred prior to completion and disposal. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
Taxation |
|
Taxation comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets or 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. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Foreign currency translation |
|
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Investments |
| Investments in |
| subsidiary |
| undertakings |
| £ |
|
Cost |
|
At 1 April 2024 |
696,228 |
|
|
At 31 March 2025 |
696,228 |
|
| 4 |
Debtors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
5,304,457 |
|
10,542,675 |
|
Amounts owed by Group undertakings |
18,841,979 |
|
13,687,131 |
|
Prepayments and accrued income |
28,565 |
|
27,061 |
|
|
|
|
|
|
24,175,001 |
|
24,256,867 |
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
Trade creditors |
3,140 |
|
3,408 |
|
Other creditors |
69,947 |
|
69,947 |
|
Provision for costs to come |
1,673,370 |
|
1,746,937 |
|
|
|
|
|
|
1,746,457 |
|
1,820,292 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Retained earnings |
|
|
The retained earnings comprises of distributable reserves |
|
| 7 |
Immediate parent and ultimate parent undertakings |
|
|
The company's immediate parent undertaking is Burford Beta Limited, a company incorporated in England and Wales.
The company's ultimate parent undertaking is Burford Beta Holdings Limited, a company incorporated in England and Wales and whose registered office is Richmond House, Avonmouth Way, Avonmouth, Bristol BS11 8DE. |
|
|
| 8 |
Other information |
|
|
Burford Delta Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Richmond House |
|
Avonmouth Way |
|
Avonmouth |
|
Bristol |
|
BS11 8DE |