Accounts Submission

Accounts Submission

BUR MING LIMITED - Company Information

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BUR MING LIMITED

Company Registration Number:
10106148 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2020

Period of accounts

Start date: 01 May 2019

End date: 30 April 2020

Page 1

BUR MING LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2020

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

Page 2

BUR MING LIMITED

Company Information

for the Period Ended 30 April 2020




Director: Bushra Ahmed
Registered office: Flat 1, 21
De Vere Gardens
London
GBR
W8 5AN
Company Registration Number: 10106148 (England and Wales)

Page 3

BUR MING LIMITED

Directors' Report Period Ended 30 April 2020

The directors present their report with the financial statements of the company for the period ended 30 April 2020

Principal Activities

Holding of properties for letting

Directors

The directors shown below have held office during the whole of the period from 01 May 2019 to 30 April 2020
Bushra Ahmed

This report was approved by the board of directors on 29 March 2021
And Signed On Behalf Of The Board By:

Name: Bushra Ahmed
Status: Director

Page 4

BUR MING LIMITED

Profit and Loss Account

for the Period Ended 30 April 2020


Notes
2020
£
2019
£
Turnover 58,980 61,095
Cost of sales ( 30,467 ) ( 39,458 )
Gross Profit or (Loss) 28,513 21,637
Operating Profit or (Loss) 28,513 21,637
Interest Payable and Similar Charges ( 15,827 ) ( 16,682 )
Profit or (Loss) Before Tax 12,686 4,955
Tax on Profit ( 2,410 ) ( 652 )
Profit or (Loss) for Period 10,276 4,303

The notes form part of these financial statements

Page 5

BUR MING LIMITED

Balance sheet

As at 30 April 2020


Notes
2020
£
2019
£
Fixed assets
Tangible assets: 4 307,500 307,500
Total fixed assets: 307,500 307,500
Current assets
Total assets less current liabilities: 307,500 307,500
Creditors: amounts falling due after more than one year: 5 ( 292,821 ) ( 303,097 )
Total net assets (liabilities): 14,679 4,403

The notes form part of these financial statements

Page 6

BUR MING LIMITED

Balance sheet continued

As at 30 April 2020


Notes
2020
£
2019
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 14,579 4,303
Shareholders funds: 14,679 4,403

For the year ending 30 April 2020 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 29 March 2021
And Signed On Behalf Of The Board By:

Name: Bushra Ahmed
Status: Director

The notes form part of these financial statements

Page 7

BUR MING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2020

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover is stated net of VAT and is derived from UK

    Tangible fixed assets depreciation policy

    Freehold land and buildings are not depreciated.

    Valuation information and policy

    The Fixed assets are revalued on an annual basis and any difference in net recoverable, if any, is noted in the notes

Page 8

BUR MING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2020

  • 2. Employees


    2020
    2019
    Average number of employees during the period 0 0

Page 9

BUR MING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2020

  • 3. Off balance sheet disclosure

    No

Page 10

BUR MING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2020

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 May 2019 307,500 307,500
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 April 2020 307,500 307,500
Depreciation
At 01 May 2019 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 30 April 2020 - -
Net book value
At 30 April 2020 307,500 307,500
At 30 April 2019 307,500 307,500

The Company is part of a pooling business arrangement and has secured funding as part of pooled borrowing arrangement. It
receives/pays a share of the rental income , management costs and interest and has given a charge over the assets it holds.
All assets held by the company are financed by or guaranteed by the UCP in exchange for Capital gains, if any.

Page 11

BUR MING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2020

5.Creditors: amounts falling due after more than one year


2020
£
2019
£
Other creditors 292,821 303,097
Total 292,821 303,097

The Company is part of a pooling business arrangement and has secured funding as part of pooled borrowing arrangement. It
receives/pays a share of the rental income , management costs and interest and has given a charge over the assets it holds.
All assets held by the company are financed by or guaranteed by the UCP in exchange for Capital gains, if any.

Page 12

BUR MING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2020

6.1.Related party disclosures

Name of related party: Ayaz Ahmed
Description of relationship:
Ultimate controlling party
Description of the transaction:
All assets held by the company are financed by or guaranteed by the UCP in exchange for Capital gains, if any.
Balance at 01 May 2019 303,097
Balance at 30 April 2020 292,821

Page 13