37 false false false false false false false false false false true false false false false false false No description of principal activity 2024-07-01 Sage Accounts Production Advanced 2024 - FRS102_2024 1,300 1,300 1,300 267,305 23,913 243,392 xbrli:pure xbrli:shares iso4217:GBP 02001777 2024-07-01 2025-06-30 02001777 2025-06-30 02001777 2024-06-30 02001777 2023-07-01 2024-06-30 02001777 2024-06-30 02001777 2023-06-30 02001777 core:LandBuildings core:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 02001777 core:FurnitureFittings 2024-07-01 2025-06-30 02001777 core:MotorVehicles 2024-07-01 2025-06-30 02001777 bus:OrdinaryShareClass1 2024-07-01 2025-06-30 02001777 bus:Director1 2024-07-01 2025-06-30 02001777 core:LandBuildings core:OwnedOrFreeholdAssets 2024-06-30 02001777 core:FurnitureFittings 2024-06-30 02001777 core:MotorVehicles 2024-06-30 02001777 core:LandBuildings core:OwnedOrFreeholdAssets 2025-06-30 02001777 core:FurnitureFittings 2025-06-30 02001777 core:MotorVehicles 2025-06-30 02001777 core:LandBuildings core:OwnedOrFreeholdAssets 2024-06-30 02001777 core:WithinOneYear 2025-06-30 02001777 core:WithinOneYear 2024-06-30 02001777 core:ShareCapital 2025-06-30 02001777 core:ShareCapital 2024-06-30 02001777 core:RevaluationReserve 2025-06-30 02001777 core:RevaluationReserve 2024-06-30 02001777 core:RetainedEarningsAccumulatedLosses 2025-06-30 02001777 core:RetainedEarningsAccumulatedLosses 2024-06-30 02001777 core:DeferredTaxation 2024-07-01 2025-06-30 02001777 core:CostValuation core:Non-currentFinancialInstruments 2025-06-30 02001777 core:Non-currentFinancialInstruments 2025-06-30 02001777 core:Non-currentFinancialInstruments 2024-06-30 02001777 core:AcceleratedTaxDepreciationDeferredTax 2025-06-30 02001777 core:AcceleratedTaxDepreciationDeferredTax 2024-06-30 02001777 core:RevaluationPropertyPlantEquipmentDeferredTax 2025-06-30 02001777 core:RevaluationPropertyPlantEquipmentDeferredTax 2024-06-30 02001777 core:FurnitureFittings 2024-06-30 02001777 core:MotorVehicles 2024-06-30 02001777 core:DeferredTaxation 2024-06-30 02001777 core:DeferredTaxation 2025-06-30 02001777 bus:SmallEntities 2024-07-01 2025-06-30 02001777 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 02001777 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 02001777 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 02001777 bus:FullAccounts 2024-07-01 2025-06-30 02001777 bus:OrdinaryShareClass1 2025-06-30 02001777 bus:OrdinaryShareClass1 2024-06-30 02001777 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl core:RentalExpenseTransactions 2024-07-01 2025-06-30 02001777 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl core:RentalExpenseTransactions 2023-07-01 2024-06-30 02001777 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl core:DividendsPaidTransactions 2024-07-01 2025-06-30 02001777 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl core:DividendsPaidTransactions 2023-07-01 2024-06-30 02001777 core:OfficeEquipment 2024-07-01 2025-06-30 02001777 core:Buildings 2024-07-01 2025-06-30 02001777 core:OfficeEquipment 2025-06-30 02001777 core:Buildings 2025-06-30 02001777 core:OfficeEquipment 2024-06-30 02001777 core:Buildings 2024-06-30
COMPANY REGISTRATION NUMBER: 02001777

BURGE & GUNSON LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

30 June 2025

BURGE & GUNSON LIMITED

STATEMENT OF FINANCIAL POSITION

30 June 2025

| 2025 | 2024
Note | £ | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 2,709,673 |  | 2,815,534
Investments | 6 |  | 1,300 |  | 1,300
|  | -------------- |  | --------------
|  | 2,710,973 |  | 2,816,834

Current assets

Stocks | 1,691,800 |  | 1,497,860 |
Debtors | 7 | 786,699 |  | 843,270 |
Cash at bank and in hand | 4,676,293 |  | 4,995,978 |
| -------------- |  | -------------- |
| 7,154,792 |  | 7,337,108 |

Creditors: amounts falling due within one year | 8 | 1,992,882 |  | 2,223,156 |
| -------------- |  | -------------- |
Net current assets |  | 5,161,910 |  | 5,113,952
|  | -------------- |  | --------------
Total assets less current liabilities |  | 7,872,883 |  | 7,930,786

Provisions | 9 |  | 243,392 |  | 267,305
|  | -------------- |  | --------------
Net assets |  | 7,629,491 |  | 7,663,481
|  | -------------- |  | --------------

Capital and reserves

Called up share capital | 11 |  | 100,000 |  | 100,000
Revaluation reserve |  | 2,170,995 |  | 2,170,995
Profit and loss account |  | 5,358,496 |  | 5,392,486
|  | -------------- |  | --------------
Shareholders funds |  | 7,629,491 |  | 7,663,481
|  | -------------- |  | --------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30th June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

BURGE & GUNSON LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

30 June 2025
These financial statements were approved by the board of directors and authorised for issue on 10 March 2026 , and are signed on behalf of the board by:

R.D. Gunson |
Director |

Company registration number: 02001777

BURGE & GUNSON LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30th JUNE 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 13-23 High Street, Colliers Wood, London, SW19 2JE.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities. The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Freehold buildings | - | 2% straight line
| Fixtures and fittings | - | 15% straight line
| Motor vehicles | - | 20% straight line
| Equipment | - | 20% straight line

| Property improvements | - | 20% straight line

Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 37 (2024: 37 ).
5. Tangible assets

| Freehold property | Fixtures and fittings | Motor vehicles | Equipment | Property improvements | Total
| £ | £ | £ | £ | £ | £
Cost |  |  |  |  |  |
At 1 Jul 2024 and 30 Jun 2025 | 2,800,000 | 820,597 | 238,203 | 74,331 | 43,209 | 3,976,340
| -------------- | ----------- | ----------- | --------- | --------- | --------------
Depreciation |  |  |  |  |  |
At 1 Jul 2024 | 288,000 | 666,819 | 113,696 | 49,082 | 43,209 | 1,160,806
Charge for the year | 36,000 | 35,178 | 29,283 | 5,400 | – | 105,861
| -------------- | ----------- | ----------- | --------- | --------- | --------------
At 30 Jun 2025 | 324,000 | 701,997 | 142,979 | 54,482 | 43,209 | 1,266,667
| -------------- | ----------- | ----------- | --------- | --------- | --------------
Carrying amount |  |  |  |  |  |
At 30 Jun 2025 | 2,476,000 | 118,600 | 95,224 | 19,849 | – | 2,709,673
| -------------- | ----------- | ----------- | --------- | --------- | --------------
At 30 Jun 2024 | 2,512,000 | 153,778 | 124,507 | 25,249 | – | 2,815,534
| -------------- | ----------- | ----------- | --------- | --------- | --------------

Tangible assets held at valuation
The freehold property was revalued by the directors on 30th June 2016, upon adoption of FRS102, based on its open market value. Freehold land not depreciated has been valued at £1,000,000.
In respect of tangible assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:

| Freehold property
| £
At 30th June 2025 |
Aggregate cost | 1,030,556
Aggregate depreciation | (777,551)
| --------------
Carrying value | 253,005
| --------------

At 30th June 2024 |
Aggregate cost | 1,030,556
Aggregate depreciation | (756,940)
| --------------
Carrying value | 273,616
| --------------

6. Investments

| Other investments other than loans
| £
Cost |
At 1st July 2024 and 30th June 2025 | 1,300
| --------
Impairment |
At 1st July 2024 and 30th June 2025 | –
| --------

Carrying amount |
At 30th June 2025 | 1,300
| --------
At 30th June 2024 | 1,300
| --------

The investment is for 10 shares in National Merchant Buying Society Limited, a company registered under the Co-operative and Community Benefit Societies Act (previously the Industrial & Provident Societies Act).
7. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 498,767 | 613,580
Other debtors | 287,932 | 229,690
| ----------- | -----------
| 786,699 | 843,270
| ----------- | -----------

8. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 772,546 | 600,332
Corporation tax | 53,445 | 103,744
Social security and other taxes | 259,465 | 353,149
Other creditors | 907,426 | 1,165,931
| -------------- | --------------
| 1,992,882 | 2,223,156
| -------------- | --------------

9. Provisions

| Deferred tax (note 10)
| £
At 1st July 2024 | 267,305
Charge against provision | ( 23,913)
| -----------
At 30th June 2025 | 243,392
| -----------

10. Deferred tax
The deferred tax included in the statement of financial position is as follows:

| 2025 | 2024
| £ | £
Included in provisions (note 9) | 243,392 | 267,305
| ----------- | -----------

The deferred tax account consists of the tax effect of timing differences in respect of:

| 2025 | 2024
| £ | £
Accelerated capital allowances | 46,792 | 61,705
Revaluation of tangible assets | 196,600 | 205,600
| ----------- | -----------
| 243,392 | 267,305
| ----------- | -----------

11. Called up share capital
Issued, called up and fully paid

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £ 1 each | 100,000 | 100,000 | 100,000 | 100,000
| ----------- | ----------- | ----------- | -----------

12. Related party transactions
During the year the company entered into the following transactions with related parties:

| Transaction value
| 2025 | 2024
| £ | £
Rent paid to the director and close family members | 141,000 | 141,000
Dividends paid to close family members of the director | 100,000 | 100,000
| ----------- | -----------