REGISTERED NUMBER: 04779331 (England and Wales)

Unaudited Financial Statements

for the Year Ended 24 March 2025

for

Burton Waters Moorings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R A Costall

Mrs D Costall

Ms J L Costall

J H R Hazel

Mrs V Hilliard

REGISTERED OFFICE:

The Boat House Burton Lane End

Burton Waters

Lincoln

Lincolnshire

LN1 2UA

REGISTERED NUMBER:

04779331 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

FIXED ASSETS

Tangible assets

4

3,446,974

1,886,998

Investments

5

102,024

102,024

Investment property

6

920,000

940,000

4,468,998

2,929,022

CURRENT ASSETS

Stocks

75,000

75,000

Debtors

7

677,319

466,623

Cash at bank

1,104

242,801

753,423

784,424

CREDITORS

Amounts falling due within one year

8

1,454,189

1,066,255

NET CURRENT LIABILITIES

(700,766

)

(281,831

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,768,232

2,647,191

CREDITORS

Amounts falling due after more than one year

9

(1,720,638

)

(1,831,332

)

PROVISIONS FOR LIABILITIES

-

(59,206

)

NET ASSETS

2,047,594

756,653

CAPITAL AND RESERVES

Called up share capital

10

400

400

Revaluation reserve

11

1,668,699

99,750

Retained earnings

378,495

656,503

2,047,594

756,653

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 24 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 24 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 9 December 2025 and were signed on its behalf by:

Ms J L Costall - Director

1.	STATUTORY INFORMATION

Burton Waters Moorings 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.

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.

Plant and machinery - 25% reducing balance

Fixtures and fittings - 10% 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Land and

Plant and

and

Buildings

machinery

fittings

Totals

£

£

£

£

COST OR VALUATION

At 25 March 2024

1,846,051

31,031

220,442

2,097,524

Additions

-

654

-

654

Revaluations

1,568,949

-

-

1,568,949

At 24 March 2025

3,415,000

31,685

220,442

3,667,127

DEPRECIATION

At 25 March 2024

-

15,379

195,147

210,526

Charge for year

-

4,003

5,624

9,627

At 24 March 2025

-

19,382

200,771

220,153

NET BOOK VALUE

At 24 March 2025

3,415,000

12,303

19,671

3,446,974

At 24 March 2024

1,846,051

15,652

25,295

1,886,998

Cost or valuation at 24 March 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2025

1,568,949

-

1,568,949

Cost

1,846,051

252,127

2,098,178

3,415,000

252,127

3,667,127

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 25 March 2024

and 24 March 2025

102,024

NET BOOK VALUE

At 24 March 2025

102,024

At 24 March 2024

102,024

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 25 March 2024

940,000

Revaluations

(20,000

)

At 24 March 2025

920,000

NET BOOK VALUE

At 24 March 2025

920,000

At 24 March 2024

940,000

Fair value at 24 March 2025 is represented by:

£

Valuation in 2025

(20,000

)

Cost

940,000

920,000

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

940,000

-

Investment property was valued on an open market basis on 24 March 2025 by the directors .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

31,013

24,355

Other debtors

646,306

442,268

677,319

466,623

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

236,773

236,391

Trade creditors

447,917

68,031

Taxation and social security

1,388

32,144

Other creditors

768,111

729,689

1,454,189

1,066,255

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,720,638

1,831,332

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

567,306

650,030

10.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal value:

2025

2024

£

£

100

Ordinary

£1

100

100

100

Ordinary A

£1

100

100

80

Ordinary B

£1

80

80

120

Ordinary C

£1

120

120

400

400

11.

RESERVES

Revaluation

reserve

£

At 25 March 2024

99,750

Property revaluation

1,568,949

At 24 March 2025

1,668,699