Burfields Estates Limited - Accounts to registrar (filleted) - small 18.1

Burfields Estates Limited - Accounts to registrar (filleted) - small 18.1

BURFIELDS ESTATES LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v18.1.2.30 03646205 Board of Directors Board of Directors 1.11.16 31.10.17 31.10.17 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure036462052016-10-31036462052017-10-31036462052016-11-012017-10-31036462052015-10-31036462052015-11-012016-10-31036462052016-10-3103646205ns15:EnglandWales2016-11-012017-10-3103646205ns14:PoundSterling2016-11-012017-10-3103646205ns10:Director12016-11-012017-10-3103646205ns10:Director22016-11-012017-10-3103646205ns10:PrivateLimitedCompanyLtd2016-11-012017-10-3103646205ns10:SmallEntities2016-11-012017-10-3103646205ns10:AuditExemptWithAccountantsReport2016-11-012017-10-3103646205ns10:SmallCompaniesRegimeForDirectorsReport2016-11-012017-10-3103646205ns10:SmallCompaniesRegimeForAccounts2016-11-012017-10-3103646205ns10:FullAccounts2016-11-012017-10-3103646205ns10:CompanySecretary12016-11-012017-10-3103646205ns10:RegisteredOffice2016-11-012017-10-3103646205ns5:CurrentFinancialInstruments2017-10-3103646205ns5:CurrentFinancialInstruments2016-10-3103646205ns5:ShareCapital2017-10-3103646205ns5:ShareCapital2016-10-3103646205ns5:RetainedEarningsAccumulatedLosses2017-10-3103646205ns5:RetainedEarningsAccumulatedLosses2016-10-3103646205ns5:FurnitureFittings2016-11-012017-10-3103646205ns5:ComputerEquipment2016-11-012017-10-3103646205ns5:PlantMachinery2016-10-3103646205ns5:PlantMachinery2016-11-012017-10-3103646205ns5:PlantMachinery2017-10-3103646205ns5:PlantMachinery2016-10-3103646205ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-10-3103646205ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-10-31


REGISTERED NUMBER: 03646205 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2017

FOR

BURFIELDS ESTATES LIMITED
BURFIELDS ESTATES LIMITED (REGISTERED NUMBER: 03646205)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Accountants' Report 5

BURFIELDS ESTATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2017







DIRECTORS: J Melrose
S J Melrose





SECRETARY: S J Melrose





REGISTERED OFFICE: 28 Wilton Road
Bexhill-on-Sea
East Sussex
TN40 1EZ





REGISTERED NUMBER: 03646205 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
28 Wilton Road
Bexhill on Sea
East Sussex
TN40 1EZ
Page 1
BURFIELDS ESTATES LIMITED (REGISTERED NUMBER: 03646205)

BALANCE SHEET
31 OCTOBER 2017

31.10.17 31.10.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,293 5,140

CURRENT ASSETS
Debtors 5 7,476 7,044
Cash at bank 34,686 34,682
42,162 41,726
CREDITORS
Amounts falling due within one year 6 38,299 46,510
NET CURRENT ASSETS/(LIABILITIES) 3,863 (4,784 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
8,156
356

PROVISIONS FOR LIABILITIES 816 1,028
NET ASSETS/(LIABILITIES) 7,340 (672 )

CAPITAL AND RESERVES
Called up share capital 5 5
Retained earnings 7,335 (677 )
SHAREHOLDERS' FUNDS 7,340 (672 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 14 June 2018 and were signed on its behalf by:




J Melrose - Director



S J Melrose - Director


The notes form part of these financial statements

Page 2
BURFIELDS ESTATES LIMITED (REGISTERED NUMBER: 03646205)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2017

1. STATUTORY INFORMATION

Burfields Estates 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.

The date of transition is 1 November 2016.

The directors have made an assessment about the company's ability to continue as a going concern and they do
not consider there to be any material uncertainties. As a result they have adopted the going concern basis of
accounting.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax. Turnover is recognised when the
company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

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 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. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

Page 3 continued...
BURFIELDS ESTATES LIMITED (REGISTERED NUMBER: 03646205)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2017

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2016 11,458
Additions 119
At 31 October 2017 11,577
DEPRECIATION
At 1 November 2016 6,318
Charge for year 966
At 31 October 2017 7,284
NET BOOK VALUE
At 31 October 2017 4,293
At 31 October 2016 5,140

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.17 31.10.16
£    £   
Trade debtors 6,300 6,000
Other debtors 1,176 1,044
7,476 7,044

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.17 31.10.16
£    £   
Trade creditors 53 56
Taxation and social security 31,630 31,180
Other creditors 6,616 15,274
38,299 46,510

7. RELATED PARTY DISCLOSURES

A directors' loan account exists to which there are no terms attached. At the year end the directors, Mr J Melrose
and Mrs S Melrose, were owed £4,566 by the company.

Page 4
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
BURFIELDS ESTATES LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's
annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only
required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other
primary statements and the Report of the Directors are not required to be filed with the Registrar of
Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Burfields Estates Limited for the year ended 31 October 2017 which comprise the Statement of
Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from
information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Burfields Estates Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Burfields Estates Limited and state those matters that we have agreed to state to the Board of Directors of Burfields Estates Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Burfields Estates Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Burfields Estates Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Burfields Estates Limited. You consider that Burfields Estates 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 financial statements of Burfields Estates 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 financial statements.






Ashdown Hurrey
Chartered Accountants & Business Advisers
28 Wilton Road
Bexhill on Sea
East Sussex
TN40 1EZ


Date: .............................................

This page does not form part of the statutory financial statements

Page 5