Company Registration No. 03561286 (England and Wales)
Burwood Financial Consultants Limited
Unaudited accounts
for the year ended 30 November 2017
Burwood Financial Consultants Limited
Unaudited accounts
Contents
Burwood Financial Consultants Limited
Company Information
for the year ended 30 November 2017
Company Number
03561286 (England and Wales)
Registered Office
'LONGACRE' LONDON ROAD
HILDENBOROUGH
TONBRIDGE
KENT
TN11 8NG
Burwood Financial Consultants Limited
Statement of financial position
as at 30 November 2017
Tangible assets
11,345
9,580
Cash at bank and in hand
55,336
54,405
Creditors: amounts falling due within one year
(18,760)
(18,742)
Net current assets
36,576
35,663
Called up share capital
840
840
Profit and loss account
47,081
44,403
Shareholders' funds
47,921
45,243
For the year ending 30 November 2017 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 15 December 2017.
Peter Suttill
Director
Company Registration No. 03561286
Burwood Financial Consultants Limited
Notes to the Accounts
for the year ended 30 November 2017
Burwood Financial Consultants Limited is a private company, limited by shares, registered in England and Wales, registration number 03561286. The registered office is 'LONGACRE' LONDON ROAD, HILDENBOROUGH, TONBRIDGE, KENT, TN11 8NG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 November 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% pa on reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 December 2016
6,693
12,883
19,576
At 30 November 2017
6,693
15,469
22,162
At 1 December 2016
-
9,996
9,996
Charge for the year
-
821
821
At 30 November 2017
-
10,817
10,817
At 30 November 2017
6,693
4,652
11,345
At 30 November 2016
6,693
2,887
9,580
Burwood Financial Consultants Limited
Notes to the Accounts
for the year ended 30 November 2017
5
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
10,773
12,885
Loans from directors
2,495
857
6
Average number of employees
During the year the average number of employees was 3 (2016: 3).
