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

REGISTERED NUMBER: 05926894 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020

FOR

DAVID BURR (CASTLE HEDINGHAM) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Ray

T Rutter

REGISTERED OFFICE:

Walnut Tree House

Hall Street

Long Melford

Suffolk

CO10 9JG

REGISTERED NUMBER:

05926894 (England and Wales)

ACCOUNTANTS:

Richard Sexton & Co

3 Manor Road

Colchester

Essex

CO3 3LU

FIXED ASSETS

Intangible assets

4

14,100

16,450

Tangible assets

5

1,728

2,032

15,828

18,482

CURRENT ASSETS

Debtors

6

52,105

3,704

Cash at bank

83,044

28,157

135,149

31,861

CREDITORS

Amounts falling due within one year

7

60,277

9,770

NET CURRENT ASSETS

74,872

22,091

TOTAL ASSETS LESS CURRENT LIABILITIES

90,700

40,573

CREDITORS

Amounts falling due after more than one year

8

(50,000

)

-

PROVISIONS FOR LIABILITIES

(400

)

(400

)

NET ASSETS

40,300

40,173

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

40,200

40,073

SHAREHOLDERS' FUNDS

40,300

40,173

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2020 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 17 February 2021 and were signed on its behalf by:

T Rutter - Director

1.	STATUTORY INFORMATION

David Burr (Castle Hedingham) 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 2006, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2019 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2019

and 30 September 2020

47,000

AMORTISATION

At 1 October 2019

30,550

Amortisation for year

2,350

At 30 September 2020

32,900

NET BOOK VALUE

At 30 September 2020

14,100

At 30 September 2019

16,450

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 October 2019

and 30 September 2020

10,024

DEPRECIATION

At 1 October 2019

7,992

Charge for year

304

At 30 September 2020

8,296

NET BOOK VALUE

At 30 September 2020

1,728

At 30 September 2019

2,032

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

180

1,125

Amounts owed by associates

51,500

1,500

Other debtors

-

201

Prepayments and accrued income

425

878

52,105

3,704

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade creditors

2,858

1,669

Corporation tax

645

2,490

Social security and other taxes

9,774

1,610

Other creditors

47,000

4,001

60,277

9,770

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2020

2019

£

£

Bounce Back loan

50,000

-

9.	ULTIMATE CONTROLLING PARTY

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