Abbreviated Company Accounts - BURROWS AND DUNN LIMITED

BURROWS AND DUNN LIMITED - Company Information

00100937 BURROWS AND DUNN LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 00100937 2015-04-01 2016-03-31 00100937 2016-03-31 00100937 2015-03-31 00100937 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 00100937 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 00100937

BURROWS AND DUNN LIMITED

Abbreviated Accounts

31 March 2016

BURROWS AND DUNN LIMITED Registered Number 00100937

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,002,438	1,099,260
		1,002,438	1,099,260
Current assets
Debtors		52,400	50,001
Cash at bank and in hand		1,484,346	1,266,259
		1,536,746	1,316,260
Creditors: amounts falling due within one year		(52,454)	(71,761)
Net current assets (liabilities)		1,484,292	1,244,499
Total assets less current liabilities		2,486,730	2,343,759
Total net assets (liabilities)		2,486,730	2,343,759
Capital and reserves
Called up share capital	3	8,753	8,753
Profit and loss account		2,477,977	2,335,006
Shareholders' funds		2,486,730	2,343,759

For the year ending 31 March 2016 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 7 December 2016

And signed on their behalf by:
F H Swift, Director

BURROWS AND DUNN LIMITED Registered Number 00100937

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales relates taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Tangible assets depreciation policy
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lived on the following basis:
Land and buildings freehold 2% on cost
Plant and machinery Varying annual rates between 10% and 25% on WDV
Fixtures, fittings and equipment 15% on cost

2Tangible fixed assets

	£
Cost
At 1 April 2015	1,373,994
Additions	188,538
Disposals	(261,000)
Revaluations	-
Transfers	-
At 31 March 2016	1,301,532
Depreciation
At 1 April 2015	274,734
Charge for the year	29,281
On disposals	(4,921)
At 31 March 2016	299,094
Net book values
At 31 March 2016	1,002,438
At 31 March 2015	1,099,260

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
70,024 Ordinary shares of £0.125 each	8,753	8,753