Burns Associates Limited - Accounts to registrar - small 16.1.1

REGISTERED NUMBER: 03081005 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

BURNS ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

DIRECTORS:

A P Burns

Mrs C D Burns

SECRETARY:

Mrs C D Burns

REGISTERED OFFICE:

Basement Flat

118 Huddleston Road

London

N7 0GE

REGISTERED NUMBER:

03081005 (England and Wales)

ACCOUNTANTS:

Byron Reynolds Limited

Weathertop

Old Common

Minchinhampton

Gloucestershire

GL6 9EH

FIXED ASSETS

2,597

2,223

CURRENT ASSETS

32,640

34,500

CREDITORS

Amounts falling due within one year

(31,510

)

(33,693

)

NET CURRENT ASSETS

1,130

807

TOTAL ASSETS LESS CURRENT LIABILITIES

3,727

3,030

CAPITAL AND RESERVES

3,727

3,030

NOTES TO THE FINANCIAL STATEMENTS

1.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The company occupies, as its registered and administrative offices, premises owned by the directors. The

company did not pay any rent to the directors for the provision of these office facilities but the directors reserve

the right to charge a rent at a future date. The company did make a modest contribution to defray additional

expenses incurred by the directors whilst performing duties at home.

At 31st December 2015 the company owed the directors £12,165. The loan is interest free but the directors

reserve the right to charge interest at a commercial rate in the future. The loan is repayable on demand but the

directors are conscious of the company's need for liquid capital.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 16 September 2016 and were signed on its behalf by:

Mrs C D Burns - Director