Burrington Estates Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07776551 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2014

for

Burrington Estates Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr M D Edworthy

Mr P Scantlebury

REGISTERED OFFICE:

Dean Clarke House

Southernhay East

Exeter

Devon

EX1 1AP

REGISTERED NUMBER:

07776551 (England and Wales)

ACCOUNTANTS:

Barnard Sampson

3a Quay View Business Park

Lowestoft

Suffolk

NR32 2HD

FIXED ASSETS

Tangible assets

2

27,850

24,129

CURRENT ASSETS

Debtors

645,544

128,560

Cash at bank

3,046

6,925

648,590

135,485

CREDITORS

Amounts falling due within one year

621,834

155,579

NET CURRENT ASSETS/(LIABILITIES)

26,756

(20,094

)

TOTAL ASSETS LESS CURRENT LIABILITIES

54,606

4,035

PROVISIONS FOR LIABILITIES

3,917

3,323

NET ASSETS

50,689

712

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

50,687

710

SHAREHOLDERS' FUNDS

50,689

712

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30 September 2015 and were signed on its behalf by:

Mr M D Edworthy - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover comprises income recognised by the company in respect of goods and services supplied during the

period, exclusive of value added tax and trade discounts.

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

-

20% straight line on cost and not provided

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

25,395

Additions

10,065

At 31 December 2014

35,460

DEPRECIATION

At 1 January 2014

1,266

Charge for year

6,344

At 31 December 2014

7,610

NET BOOK VALUE

At 31 December 2014

27,850

At 31 December 2013

24,129

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

£

2

Ordinary

£1

2

2

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 December 2014 and the

period ended 31 December 2013:

31.12.14

31.12.13

£

£

Mr M D Edworthy

Balance outstanding at start of year

(1,541

)

-

Amounts advanced

69,702

18,890

Amounts repaid

(16,619

)

(20,431

)

Balance outstanding at end of year

51,542

(1,541

)

Interest of £1,276 has been charged in respect of the loan.