Burg Finances Limited


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Company Registration No. 05313485 (England and Wales)
Burg Finances Limited Abbreviated unaudited accounts for the year ended 31 December 2015
Burg Finances Limited Abbreviated Balance Sheet as at 31 December 2015
2015 
2014 
Notes
£ 
£ 
Fixed assets
Investments
488,860 
- 
Current assets
Cash at bank and in hand
- 
2 
Creditors: amounts falling due within one year
(2,103)
- 
Net current (liabilities)/assets
(2,103)
2 
Total assets less current liabilities
486,757 
2 
Creditors: amounts falling due after more than one year
(488,860)
- 
Net (liabilities)/assets
(2,103)
2 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(2,105)
- 
Total shareholders' funds
(2,103)
2 
For the year ending 31 December 2015 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 director acknowledges his 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 24 January 2017
Michael Waldner Director Company Registration No. 05313485
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Burg Finances Limited Notes to the Abbreviated Accounts for the year ended 31 December 2015
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
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.
2
Investments
£ 
Cost
At 1 January 2015
- 
Additions
488,860 
At 31 December 2015
488,860 
3
Share capital
2015 
2014 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
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