Company Registration No. 11269570 (England and Wales)
Burgundy Financial Limited
Unaudited accounts
for the period from 22 March 2018 to 31 March 2019
Burgundy Financial Limited
Unaudited accounts
Contents
Burgundy Financial Limited
Company Information
for the period from 22 March 2018 to 31 March 2019
Director
Gordon Calder-Jones
Company Number
11269570 (England and Wales)
Registered Office
57 Sea Lane
East Preston
Littlehampton
West Sussex
BN16 1ND
Accountants
Ian Sykes and Co Limited
1 Windlesham Gardens
Shoreham by Sea
West Sussex
BN43 5AD
Burgundy Financial Limited
Statement of financial position
as at 31 March 2019
Cash at bank and in hand
56,486
Creditors: amounts falling due within one year
(18,543)
Called up share capital
10
Profit and loss account
61,523
Shareholders' funds
61,533
For the period ending 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 17 June 2019.
Gordon Calder-Jones
Director
Company Registration No. 11269570
Burgundy Financial Limited
Notes to the Accounts
for the period from 22 March 2018 to 31 March 2019
Burgundy Financial Limited is a private company, limited by shares, registered in England and Wales, registration number 11269570. The registered office is 57 Sea Lane, East Preston, Littlehampton, West Sussex, BN16 1ND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
Revenue, described as turnover, is the value of work performed during the year with respect to services.
Revenue is recognised on the provision of services on completion of agreed milestones during the course of each individual assignment.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33.3% straight line
4
Tangible fixed assets
Computer equipment
Charge for the period
1,091
Burgundy Financial Limited
Notes to the Accounts
for the period from 22 March 2018 to 31 March 2019
6
Creditors: amounts falling due within one year
2019
Taxes and social security
16,449
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
During the year the director received net advances totalling £15,456 and this amount has been included on the balance sheet within "Other Debtors". The maximum amount outstanding during the year was £15,456. Interest has been charged on the outstanding balance at an annualised rate of 2.5% and the loan was repaid in full on 30 April 2019.
8
Average number of employees
During the period the average number of employees was 1.
