Burmbak Ltd - Accounts to registrar (filleted) - small 18.2

Burmbak Ltd - Accounts to registrar (filleted) - small 18.2

BURMBAK LTD - Company Information

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REGISTERED NUMBER: 07950579 (England and Wales)














FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2018

FOR

BURMBAK LTD
Gane Jackson Scott LLP
Chartered Certified Accountants
Second Floor, Kestrel House
Falconry Court
Bakers Lane
Epping
Essex
CM16 5BD








BURMBAK LTD (REGISTERED NUMBER: 07950579)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BURMBAK LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2018







DIRECTORS: D M Baker
Dr R Burman



REGISTERED OFFICE: Second Floor, Kestrel House
Falconry Court
Bakers Lane
Epping
Essex
CM16 5BD



REGISTERED NUMBER: 07950579 (England and Wales)



ACCOUNTANTS: Gane Jackson Scott LLP
Chartered Certified Accountants
Second Floor, Kestrel House
Falconry Court
Bakers Lane
Epping
Essex
CM16 5BD



BANKERS: Santander
Bridle Road
Bootle
Liverpool
L30 4GB
Page 1
BURMBAK LTD (REGISTERED NUMBER: 07950579)

BALANCE SHEET
28 FEBRUARY 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 549 733

CURRENT ASSETS
Stocks 1,133,384 1,009,162
Debtors 5 22 -
Cash at bank 335,832 178,091
1,469,238 1,187,253
CREDITORS
Amounts falling due within one year 6 1,376,370 1,123,158
NET CURRENT ASSETS 92,868 64,095
TOTAL ASSETS LESS CURRENT
LIABILITIES
93,417
64,828

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7 93,317 64,728
SHAREHOLDERS' FUNDS 93,417 64,828

The notes form part of these financial statements

Page 2 continued...
BURMBAK LTD (REGISTERED NUMBER: 07950579)

BALANCE SHEET - continued
28 FEBRUARY 2018


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 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 27 October 2018 and were signed on its behalf by:





D M Baker - Director


The notes form part of these financial statements

Page 3
BURMBAK LTD (REGISTERED NUMBER: 07950579)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2018

1. STATUTORY INFORMATION

Burmbak Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing stocks to their present location and condition.

Development land and buildings are valued at the lower of cost and net realisable value and includes the cost of
land and direct construction costs.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

Page 4 continued...
BURMBAK LTD (REGISTERED NUMBER: 07950579)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2018

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 March 2017
and 28 February 2018 1,447 778 2,225
DEPRECIATION
At 1 March 2017 714 778 1,492
Charge for year 184 - 184
At 28 February 2018 898 778 1,676
NET BOOK VALUE
At 28 February 2018 549 - 549
At 28 February 2017 733 - 733

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other debtors 22 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Taxation and social security 15,225 12,436
Other creditors 1,361,145 1,110,722
1,376,370 1,123,158

7. RESERVES
Retained
earnings
£   

At 1 March 2017 64,728
Profit for the year 28,589
At 28 February 2018 93,317

Page 5