Company Registration No. 08865879 (England and Wales)
Burney Essex Ltd
Unaudited accounts
for the year ended 31 January 2021
Burney Essex Ltd
Unaudited accounts
Contents
Burney Essex Ltd
Company Information
for the year ended 31 January 2021
Directors
D Burney
P Burney
Company Number
08865879 (England and Wales)
Registered Office
113 MANOR ROAD
CHIGWELL
ESSEX
IG7 5PS
Burney Essex Ltd
Statement of financial position
as at 31 January 2021
Tangible assets
50,000
4,703,936
Cash at bank and in hand
89
29,054
Creditors: amounts falling due within one year
(837,012)
(685,149)
Net current assets/(liabilities)
152,645
(330,358)
Total assets less current liabilities
202,645
4,373,578
Creditors: amounts falling due after more than one year
(50,000)
(4,194,970)
Net assets
152,645
178,608
Called up share capital
1
1
Revaluation reserve
-
576,172
Profit and loss account
152,644
(397,565)
Shareholders' funds
152,645
178,608
For the year ending 31 January 2021 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 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 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.
The financial statements were approved by the Board of Directors and authorised for issue on 20 October 2021 and were signed on its behalf by
D Burney
Director
Company Registration No. 08865879
Burney Essex Ltd
Notes to the Accounts
for the year ended 31 January 2021
Burney Essex Ltd is a private company, limited by shares, registered in England and Wales, registration number 08865879. The registered office is 113 MANOR ROAD, CHIGWELL, ESSEX, IG7 5PS.
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 remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
At 1 February 2020
4,703,936
At 31 January 2020
4,703,936
5
Debtors: amounts falling due within one year
2021
2020
Other debtors
989,568
325,737
Burney Essex Ltd
Notes to the Accounts
for the year ended 31 January 2021
6
Creditors: amounts falling due within one year
2021
2020
Other creditors
251,650
349,673
Loans from directors
585,362
335,476
7
Creditors: amounts falling due after more than one year
2021
2020
Bank loans
50,000
3,394,970
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 0 (2020: 0).
