Burroughs Construction Limited - Period Ending 2016-12-31

Registration number: 08595620

Burroughs Construction Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2016

Your Accounts Team Ltd
Intergen House
65-67 Western Road
Hove
BN3 2JQ

Burroughs Construction Limited

Contents

Company Information	1
Accountants' Report	2
Profit and Loss Account	3
Balance Sheet	4 to 6
Notes to the Financial Statements	5

Burroughs Construction Limited

Company Information

Director

Mr Jan Burroughs

Registered office

65 Brambletyne Avenue Saltdean Brighton East Sussex BN2 8EL

Accountants

Your Accounts Team Ltd Intergen House 65-67 Western Road Hove BN3 2JQ

Page 1

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Burroughs Construction Limited
for the Year Ended 31 December 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Burroughs Construction Limited for the year ended 31 December 2016 as set out on pages 3 to 6 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Chartered Institute of Management Accountants in England and Wales (CIMA), we are subject to its ethical and other professional requirements which are detailed at cimaglobal.com/members-handbook.

This report is made solely to the Board of Directors of Burroughs Construction Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Burroughs Construction Limited and state those matters that we have agreed to state to the Board of Directors of Burroughs Construction Limited, as a body, in this report in accordance with CIMA as detailed at cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Burroughs Construction Limited and its Board of Directors as a body for our work or for this report.

We do not accept any liability of any kind whatsoever, including liability by reason of negligence, to any person for losses incurred as a result of placing reliance on these financial statements.

It is your duty to ensure that Burroughs Construction Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Burroughs Construction Limited. You consider that Burroughs Construction Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Burroughs Construction Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Your Accounts Team Ltd
Intergen House
65-67 Western Road
Hove
BN3 2JQ

1 August 2017

Page 2

Burroughs Construction Limited

Profit and Loss Account for the Year Ended 31 December 2016

	Note	Total 31 December 2016 £	Total 31 December 2015 £
Turnover		185,272	269,528
Cost of raw materials and consumables		(28,502)	(124,845)
Staff costs		(114,256)	(101,664)
Depreciation and other amounts written off assets		(993)	(390)
Other charges		(8,950)	(8,306)
Profit before tax		32,571	34,323
Taxation		(6,251)	(6,883)
Profit for the year		26,320	27,440

The notes on page 5 form an integral part of these financial statements.

Page 3

Burroughs Construction Limited

(Registration number: 08595620)
Balance Sheet as at 31 December 2016

	Note	2016 £	2015 £
Fixed assets		2,523	1,208
Current assets		36,496	136,283
Creditors: Amounts falling due within one year		(25,425)	(107,970)
Net current assets		11,071	28,313
Total assets less current liabilities		13,594	29,521
Accruals and deferred income		-	(1,247)
		13,594	28,274
Capital and reserves		13,594	28,274

The notes on page 5 form an integral part of these financial statements.

Page 4

Burroughs Construction Limited

(Registration number: 08595620)
Balance Sheet as at 31 December 2016

Notes to the Financial Statements for the Year Ended 31 December 2016

1	General information

The company is a private company limited by share capital incorporated in England.

The address of its registered office is:
65 Brambletyne Avenue
Saltdean
Brighton
East Sussex
BN2 8EL
England

These financial statements were authorised for issue by the director on 1 August 2017.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Page 5

Burroughs Construction Limited

(Registration number: 08595620)
Balance Sheet as at 31 December 2016

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 December 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the director on 1 August 2017
 

.........................................

Mr Jan Burroughs

Director

The notes on page 5 form an integral part of these financial statements.

Page 6