REGISTERED NUMBER: 02042825 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Burstchase Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S C Payne

S J Payne

K L Tarrant

S D Shepherd

SECRETARY:

K L Tarrant

REGISTERED OFFICE:

17 Pitts Lane

Earley

Reading

Berkshire

RG6 1BX

REGISTERED NUMBER:

02042825 (England and Wales)

FIXED ASSETS

Property, plant and equipment

4

-

-

Investments

5

87,962

106,573

Investment property

6

1,100,000

1,100,000

1,187,962

1,206,573

CURRENT ASSETS

Cash at bank

36,639

7,193

CREDITORS

Amounts falling due within one year

7

57,775

34,843

NET CURRENT LIABILITIES

(21,136

)

(27,650

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,166,826

1,178,923

CREDITORS

Amounts falling due after more than one year

8

(89,261

)

(108,218

)

PROVISIONS FOR LIABILITIES

(145,585

)

(145,440

)

NET ASSETS

931,980

925,265

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

931,780

925,065

SHAREHOLDERS' FUNDS

931,980

925,265

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 3 December 2025 and were signed on its behalf by:

S C Payne - Director

1.	STATUTORY INFORMATION

Burstchase Limited 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.

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 as modified by the revaluation of certain assets.

Tangible fixed assets

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

Plant and machinery etc

-

50% on cost and 20% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Fixed asset investments

Fixed asset investments are shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

4,513

DEPRECIATION

At 1 April 2024

and 31 March 2025

4,513

NET BOOK VALUE

At 31 March 2025

-

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

106,573

Disposals

(18,691

)

Revaluations

80

At 31 March 2025

87,962

NET BOOK VALUE

At 31 March 2025

87,962

At 31 March 2024

106,573

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Valuation in 2018

(3,471

)

Valuation in 2019

3,690

Valuation in 2020

(359

)

Valuation in 2021

38

Valuation in 2022

(9,741

)

Valuation in 2023

3,874

Valuation in 2024

487

Valuation in 2025

80

Cost

93,364

87,962

If fixed asset investments had not been revalued they would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

93,364

112,055

Fixed asset investments were valued on an open market basis on 31 March 2025 by the directors .

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,100,000

NET BOOK VALUE

At 31 March 2025

1,100,000

At 31 March 2024

1,100,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2002

70,000

Valuation in 2007

140,000

Valuation in 2010

(25,000

)

Valuation in 2013

50,000

Valuation in 2016

32,287

Valuation in 2018

(185,000

)

Valuation in 2019

405,000

Valuation in 2022

(13,212

)

Valuation in 2023

(67,312

)

Valuation in 2024

175,580

Cost

517,657

1,100,000

If Investment properties had not been revalued they would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

517,657

518,237

Investment properties were valued on an open market basis on 31 March 2025 by the directors .

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

19,836

19,676

Taxation and social security

1,428

1,074

Other creditors

36,511

14,093

57,775

34,843

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

89,261

108,218

Amounts falling due in more than five years:

Repayable by instalments

Bank loans over 5yrs

9,918

29,514

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

109,097

127,894

Bank borrowings are secured by a fixed and floating charge over all the company's assets.

10.	ULTIMATE CONTROLLING PARTY