David Burr (Woolpit) Limited - Accounts to registrar (filleted) - small 18.2

David Burr (Woolpit) Limited - Accounts to registrar (filleted) - small 18.2

DAVID BURR (WOOLPIT) LIMITED - Company Information

Print Friendly Version

PTP Accounts Production v19.3.2.199 04871654 director 1.10.18 30.9.19 30.9.19 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure048716542018-09-30048716542019-09-30048716542018-10-012019-09-30048716542017-09-30048716542017-10-012018-09-30048716542018-09-3004871654ns15:EnglandWales2018-10-012019-09-3004871654ns14:PoundSterling2018-10-012019-09-3004871654ns10:Director12018-10-012019-09-3004871654ns10:PrivateLimitedCompanyLtd2018-10-012019-09-3004871654ns10:SmallEntities2018-10-012019-09-3004871654ns10:AuditExempt-NoAccountantsReport2018-10-012019-09-3004871654ns10:SmallCompaniesRegimeForDirectorsReport2018-10-012019-09-3004871654ns10:SmallCompaniesRegimeForAccounts2018-10-012019-09-3004871654ns10:FullAccounts2018-10-012019-09-300487165412018-10-012019-09-3004871654ns10:CompanySecretary12018-10-012019-09-3004871654ns10:RegisteredOffice2018-10-012019-09-3004871654ns5:CurrentFinancialInstruments2019-09-3004871654ns5:CurrentFinancialInstruments2018-09-3004871654ns5:ShareCapital2019-09-3004871654ns5:ShareCapital2018-09-3004871654ns5:RetainedEarningsAccumulatedLosses2019-09-3004871654ns5:RetainedEarningsAccumulatedLosses2018-09-3004871654ns5:NetGoodwill2018-10-012019-09-3004871654ns5:IntangibleAssetsOtherThanGoodwill2018-10-012019-09-3004871654ns5:FurnitureFittings2018-10-012019-09-3004871654ns5:NetGoodwill2018-09-3004871654ns5:NetGoodwill2019-09-3004871654ns5:NetGoodwill2018-09-3004871654ns5:FurnitureFittings2018-09-3004871654ns5:FurnitureFittings2019-09-3004871654ns5:FurnitureFittings2018-09-3004871654ns5:CurrentFinancialInstrumentsns5:WithinOneYear2019-09-3004871654ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-09-30


REGISTERED NUMBER: 04871654 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2019

FOR

DAVID BURR (WOOLPIT) LIMITED
DAVID BURR (WOOLPIT) LIMITED (REGISTERED NUMBER: 04871654)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DAVID BURR (WOOLPIT) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2019







DIRECTOR: D Burr





SECRETARY: Mrs M Burr





REGISTERED OFFICE: Walnut Tree House
Hall Street
Long Melford
Suffolk
CO10 9JG





REGISTERED NUMBER: 04871654 (England and Wales)





ACCOUNTANTS: Richard Sexton & Co
Chartered Accountants
St Margarets
3 Manor Road
Colchester
Essex
CO3 3LU
Page 1
DAVID BURR (WOOLPIT) LIMITED (REGISTERED NUMBER: 04871654)

BALANCE SHEET
30 SEPTEMBER 2019

2019 2018
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 11,600 14,500
Tangible assets 5 5,744 6,758
17,344 21,258

CURRENT ASSETS
Debtors 6 46,666 9,837
Cash at bank 114,022 169,964
160,688 179,801
CREDITORS
Amounts falling due within one year 7 126,682 148,836
NET CURRENT ASSETS 34,006 30,965
TOTAL ASSETS LESS CURRENT
LIABILITIES
51,350
52,223

PROVISIONS FOR LIABILITIES 1,000 1,170
NET ASSETS 50,350 51,053

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 50,250 50,953
SHAREHOLDERS' FUNDS 50,350 51,053

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 notes form part of these financial statements

Page 2 continued...
DAVID BURR (WOOLPIT) LIMITED (REGISTERED NUMBER: 04871654)

BALANCE SHEET - continued
30 SEPTEMBER 2019


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 27 December 2019 and were signed by:





D Burr - Director


The notes form part of these financial statements

Page 3
DAVID BURR (WOOLPIT) LIMITED (REGISTERED NUMBER: 04871654)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2019

1. STATUTORY INFORMATION

David Burr (Woolpit) 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.

The principal accounting policies adopted in the preparation of the financial statements are set out below and
have remained unchanged from the previous period, and also have been consistently applied within the same
accounts.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

Page 4 continued...
DAVID BURR (WOOLPIT) LIMITED (REGISTERED NUMBER: 04871654)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2019

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2018 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2018
and 30 September 2019 58,000
AMORTISATION
At 1 October 2018 43,500
Amortisation for year 2,900
At 30 September 2019 46,400
NET BOOK VALUE
At 30 September 2019 11,600
At 30 September 2018 14,500

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 October 2018
and 30 September 2019 26,846
DEPRECIATION
At 1 October 2018 20,088
Charge for year 1,014
At 30 September 2019 21,102
NET BOOK VALUE
At 30 September 2019 5,744
At 30 September 2018 6,758

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade debtors 46,241 9,312
Prepayments and accrued income 425 525
46,666 9,837

Page 5 continued...
DAVID BURR (WOOLPIT) LIMITED (REGISTERED NUMBER: 04871654)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2019

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade creditors 5,116 30,450
Amounts owed to associates 61,500 37,000
Corporation tax 750 1,700
Social security and other taxes 12,210 10,080
Other creditors and accruals 3,441 3,441
Directors loans 43,665 66,165
126,682 148,836

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The company paid management fees of £36,000 (2018 £36,000) during the year to a company in which the
director of this company is also a director.

The company charged £40,000 (2018 £10,000) to a partnership in which the directors is a partner.

9. ULTIMATE CONTROLLING PARTY

The company is not under the control of any one person or group of persons.

Page 6