Burtonwood Dev. Limited - Accounts to registrar - small 17.1.1

REGISTERED NUMBER: 07646451 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2017

for

Burtonwood Dev. Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Smith

Dunedin Holdings Limited

REGISTERED OFFICE:

Kemp House

160 City Road

London

EC1V 2NX

REGISTERED NUMBER:

07646451 (England and Wales)

FIXED ASSETS

Investment property

3

157,790

157,790

CURRENT ASSETS

Debtors

4

537

537

Cash at bank

1,142

746

1,679

1,283

CREDITORS

Amounts falling due within one year

5

1,440

1,440

NET CURRENT ASSETS/(LIABILITIES)

239

(157

)

TOTAL ASSETS LESS CURRENT LIABILITIES

158,029

157,633

CREDITORS

Amounts falling due after more than one year

6

171,300

169,300

NET LIABILITIES

(13,271

)

(11,667

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(13,371

)

(11,767

)

SHAREHOLDERS' FUNDS

(13,271

)

(11,667

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2017 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 and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 21 February 2018 and were signed on its behalf by:

A Smith - Director

1.	STATUTORY INFORMATION

Burtonwood Dev. Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2016

and 31 May 2017

157,790

NET BOOK VALUE

At 31 May 2017

157,790

At 31 May 2016

157,790

Included in cost of investment property is freehold land of £ 157,790 (2016 - £ 157,790 ) which is not

depreciated.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.17

31.5.16

£

£

Other debtors

537

537

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.17

31.5.16

£

£

Other creditors

1,440

1,440

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.17

31.5.16

£

£

Parent Company Loan

171,300

169,300

7.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Dunedin Holdings Limited.