Burchall Property Investments Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10036356 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2019

for

Burchall Property Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R E Burchall

REGISTERED OFFICE:

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

BS32 4JY

REGISTERED NUMBER:

10036356 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

BS32 4JY

FIXED ASSETS

Investment property

4

165,000

150,951

CURRENT ASSETS

Debtors

5

308

-

Cash at bank

3,733

9,930

4,041

9,930

CREDITORS

Amounts falling due within one year

6

65,984

67,164

NET CURRENT LIABILITIES

(61,943

)

(57,234

)

TOTAL ASSETS LESS CURRENT LIABILITIES

103,057

93,717

CREDITORS

Amounts falling due after more than one year

7

(85,345

)

(88,741

)

PROVISIONS FOR LIABILITIES

(2,670

)

-

NET ASSETS

15,042

4,976

CAPITAL AND RESERVES

Called up share capital

8

200

200

Retained earnings

9

14,842

4,776

SHAREHOLDERS' FUNDS

15,042

4,976

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 19 December 2019 and were signed by:

R E Burchall - Director

1.	STATUTORY INFORMATION

Burchall Property Investments 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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2018

150,951

Revaluations

14,049

At 31 March 2019

165,000

NET BOOK VALUE

At 31 March 2019

165,000

At 31 March 2018

150,951

Fair value at 31 March 2019 is represented by:

£

Valuation in 2019

14,049

Cost

150,951

165,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Tax

308

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Tax

-

988

Other creditors

1,200

1,200

Directors' current accounts

63,533

63,725

Accrued expenses

1,251

1,251

65,984

67,164

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.19

31.3.18

£

£

Bank loans more 5 yr by instal

85,345

88,741

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

85,345

88,741

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.19

31.3.18

value:

£

£

100

Ordinary A

£1

100

100

100

Ordinary B

£1

100

100

200

200

9.

RESERVES

Retained

earnings

£

At 1 April 2018

4,776

Profit for the year

10,066

At 31 March 2019

14,842

£14,049.00 of reserves non-distributable (2018 - £nil).