REGISTERED NUMBER: 07695047 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

BURTON COLLINGWOOD LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G D Burton

Mr C D Burton

Mr P T Burton

REGISTERED OFFICE:

34 Howard Street

North Shields

Tyne and Wear

NE30 1AR

REGISTERED NUMBER:

07695047 (England and Wales)

ACCOUNTANTS:

BK Plus Limited

Chartered Certified Accountants

13 Windsor Terrace

Jesmond

Newcastle upon Tyne

NE2 4HE

BANKERS:

Barclays Bank Plc

3 Northumberland Square

North Shields

Tyne and Wear

NE30 1QX

FIXED ASSETS

Tangible assets

4

-

556

Investments

5

5,801,265

5,682,051

Investment property

6

9,365,444

8,879,809

15,166,709

14,562,416

CURRENT ASSETS

Debtors

7

588,474

1,134,268

Cash at bank

1,298,150

875,914

1,886,624

2,010,182

CREDITORS

Amounts falling due within one year

8

262,036

175,338

NET CURRENT ASSETS

1,624,588

1,834,844

TOTAL ASSETS LESS CURRENT LIABILITIES

16,791,297

16,397,260

CREDITORS

Amounts falling due after more than one year

9

-

(6,480

)

PROVISIONS FOR LIABILITIES

(1,741,640

)

(1,761,699

)

NET ASSETS

15,049,657

14,629,081

CAPITAL AND RESERVES

Called up share capital

1,934,664

1,934,664

Capital redemption reserve

65,356

65,356

Fair value reserve

6,093,389

6,101,972

Retained earnings

6,956,248

6,527,089

SHAREHOLDERS' FUNDS

15,049,657

14,629,081

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 December 2025 and were signed on its behalf by:

Mr P T Burton - Director

1.	STATUTORY INFORMATION

Burton Collingwood 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.

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

Turnover

Turnover represents income from the rental of properties owned by the company excluding Value Added Tax. Income is recognised as the rents become due.

Tangible fixed assets

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

Plant and machinery

-

33% on cost

Investment property

Investments in property are included at fair value as determined by reference to rental yield. Any change in the fair value of investment property is debited or credited to the fair value reserve, net of deferred tax.

Investments

Investments in shares and other securities are included at fair value, considered to be equal to open market value. Any change in the fair value of listed investments is debited or credited to the fair value reserve, net of deferred tax.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in the Profit and Loss Account

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Investment income

Dividend income is accounted for on the basis of cash received.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

4,999

DEPRECIATION

At 1 April 2024

4,443

Charge for year

556

At 31 March 2025

4,999

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

556

5.	FIXED ASSET INVESTMENTS

Other

investment

£

COST OR VALUATION

At 1 April 2024

5,682,051

Additions

1,133,990

Disposals

(947,651

)

Revaluations

(67,125

)

At 31 March 2025

5,801,265

NET BOOK VALUE

At 31 March 2025

5,801,265

At 31 March 2024

5,682,051

Listed investments are stated at fair value which, in the opinion of the directors, is equivalent to open market value. Any change in the fair value of listed investments is debited or credited to the fair value reserve, net of deferred tax. The historical cost of listed investments was £4,114,113 (2024 - £3,726,206).

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

8,879,809

Additions

245,566

Revaluations

240,069

At 31 March 2025

9,365,444

NET BOOK VALUE

At 31 March 2025

9,365,444

At 31 March 2024

8,879,809

Investment property is stated at fair value which, in the opinion of the directors, is equivalent to open market value derived by reference to the typical rental yield for the type and location of the property. Any change in the fair value of investment property is debited or credited to the fair value reserve, net of deferred tax. The historical cost of investment property was £3,215,687 (2024 - £2,970,121).

7.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

6,036

12,244

Other debtors

582,438

1,103,024

588,474

1,115,268

Amounts falling due after more than one year:

Other debtors

-

19,000

Aggregate amounts

588,474

1,134,268

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

37,266

15,383

Taxation and social security

127,392

117,238

Other creditors

97,378

42,717

262,036

175,338

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

-

6,480

10.	RELATED PARTY DISCLOSURES

Previously, the company advanced £120,000 to Church Way Investments Limited, of which Mr C D Burton and Mr P T Burton are also directors. During the year, payments totalling £29,605 (2024 - £23,015) were made by Church Way Investments Limited. Interest is charged at 1% per annum and the total interest payable for the year amounted to £262 (2024 - £405).

At the balance sheet date, the company was owed £nil (2024 - £29,343) by Church Way Investments Limited.

During the year, the company advanced an additional £110,851 to Murton Farm Estate Limited, of which Mr G D Burton, Mr C D Burton and Mr P T Burton are also directors. During the year, payments totalling £725,000 (2024 - £nil) were made by Murton Farm Estate Limited. Interest is charged at 2% per annum, variable and the total interest payable for the year amounted to £24,671 (2024 - £19,322).

At the balance sheet date, the company was owed £456,733 (2024 - £1,046,211) by Murton Farm Estate Limited; the amount is repayable on demand.

During the year, Murton Farm Estate Limited paid rent and contributions to overheads amounting to £1,500 (2024 - £1,500). At the balance sheet date £nil (2024 - £nil) was owed by Murton Farm Estate Limited in respect of these contributions.