REGISTERED NUMBER: 04317996 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2025

for

Burncroft Limited

T/A

Vanguard Models

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

C J Watton

Mrs C L Watton

REGISTERED OFFICE:

70b High Street

Cinderford

Gloucestershire

GL14 2SZ

REGISTERED NUMBER:

04317996 (England and Wales)

ACCOUNTANTS:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

Gloucestershire

GL3 3RS

BANKERS:

Santander

Bootle

Merseyside

L30 4GB

FIXED ASSETS

Intangible assets

4

1,167

-

Tangible assets

5

61,458

40,480

62,625

40,480

CURRENT ASSETS

Stocks

11,000

11,000

Debtors

6

5,499

8,550

Cash at bank and in hand

113,890

108,679

130,389

128,229

CREDITORS

Amounts falling due within one year

7

77,604

65,056

NET CURRENT ASSETS

52,785

63,173

TOTAL ASSETS LESS CURRENT LIABILITIES

115,410

103,653

PROVISIONS FOR LIABILITIES

12,791

6,975

NET ASSETS

102,619

96,678

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

102,618

96,677

SHAREHOLDERS' FUNDS

102,619

96,678

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 29 June 2026 and were signed on its behalf by:

C J Watton - Director

1.	STATUTORY INFORMATION

Burncroft 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

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

Leasehold improvements

-

Straight line over 5 years

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Computer equipment

-

35% on reducing balance

Stocks

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

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

Cost

Additions

1,750

At 30 November 2025

1,750

Amortisation

Charge for year

583

At 30 November 2025

583

Net book value

At 30 November 2025

1,167

5.	TANGIBLE FIXED ASSETS

Fixtures

Leasehold

Plant and

and

Computer

improvements

machinery

fittings

equipment

Totals

£

£

£

£

£

Cost

At 1 December 2024

12,704

45,992

3,821

12,259

74,776

Additions

-

36,664

828

2,563

40,055

Disposals

-

(14,723

)

-

-

(14,723

)

At 30 November 2025

12,704

67,933

4,649

14,822

100,108

Depreciation

At 1 December 2024

8,005

14,647

1,333

10,311

34,296

Charge for year

2,541

6,207

332

1,579

10,659

Eliminated on disposal

-

(6,305

)

-

-

(6,305

)

At 30 November 2025

10,546

14,549

1,665

11,890

38,650

Net book value

At 30 November 2025

2,158

53,384

2,984

2,932

61,458

At 30 November 2024

4,699

31,345

2,488

1,948

40,480

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/25

30/11/24

£

£

Trade debtors

5,499

2,097

Other debtors

-

6,453

5,499

8,550

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/25

30/11/24

£

£

Bank loans and overdrafts

8,606

17,732

Trade creditors

881

685

Taxation and social security

13,941

16,495

Other creditors

54,176

30,144

77,604

65,056

8.	RELATED PARTY DISCLOSURES

Directors:

C J Watton

Mrs C L Watton

At 30 November 2025, the company owed the directors £51,125 (2024 - £27,144). The loan, included within other creditors, is made up of business expenses not yet reimbursed and declared dividends directly credited to the directors' loan account. The loan balance is repayable to the directors on demand.