Burren & Whitaker Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 01480156 (England and Wales)

Abridged Unaudited Financial Statements for the Year Ended 30 September 2018

for

Burren & Whitaker Limited

Page

Company Information

1

Chartered Accountants' Report

2

Abridged Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

A Burren

C McFerran

SECRETARY:

C McFerran

REGISTERED OFFICE:

Burstow Lodge

Burstow Lodge Business Centre

Chapel Road, Smallfield

Horley

RH6 9YR

REGISTERED NUMBER:

01480156 (England and Wales)

ACCOUNTANTS:

Reed Accounts & Tax Limited

Chartered Accountant & Statutory Auditor

Hallings Hatch

Parkgate Road

Dorking

Surrey

RH5 5DY

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

Abridged 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 Burren & Whitaker Limited for the year ended

30 September 2018 which comprise the Abridged Statement of Income and Retained Earnings,

Abridged 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 Burren & Whitaker 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 Burren & Whitaker Limited and state those matters that we have agreed to state to the Board of Directors of Burren & Whitaker 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 Burren & Whitaker Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Burren & Whitaker 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 Burren & Whitaker Limited. You consider that Burren & Whitaker 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 Burren & Whitaker 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.

Reed Accounts & Tax Limited

Chartered Accountant & Statutory Auditor

Hallings Hatch

Parkgate Road

Dorking

Surrey

RH5 5DY

14 January 2019

FIXED ASSETS

Tangible assets

4

97,450

44,043

Investments

5

70,000

70,001

Investment property

6

2,492,298

2,492,298

2,659,748

2,606,342

CURRENT ASSETS

Debtors

236,358

438,040

Cash at bank

594,911

421,926

831,269

859,966

CREDITORS

Amounts falling due within one year

428,381

406,134

NET CURRENT ASSETS

402,888

453,832

TOTAL ASSETS LESS CURRENT LIABILITIES

3,062,636

3,060,174

CREDITORS

Amounts falling due after more than one year

-

16,647

NET ASSETS

3,062,636

3,043,527

CAPITAL AND RESERVES

Called up share capital

2,000

2,000

Retained earnings

3,060,636

3,041,527

SHAREHOLDERS' FUNDS

3,062,636

3,043,527

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 30 September 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 7 January 2019 and were signed on its behalf by:

A Burren - Director

C McFerran - Director

1.	STATUTORY INFORMATION

Burren & Whitaker 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

33% on cost

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 October 2017

217,643

Additions

104,980

Disposals

(105,794

)

At 30 September 2018

216,829

DEPRECIATION

At 1 October 2017

173,600

Charge for year

51,573

Eliminated on disposal

(105,794

)

At 30 September 2018

119,379

NET BOOK VALUE

At 30 September 2018

97,450

At 30 September 2017

44,043

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 October 2017

70,001

Disposals

(1

)

At 30 September 2018

70,000

NET BOOK VALUE

At 30 September 2018

70,000

At 30 September 2017

70,001

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2017

and 30 September 2018

2,492,298

NET BOOK VALUE

At 30 September 2018

2,492,298

At 30 September 2017

2,492,298

7.	RELATED PARTY DISCLOSURES

Balances (to)/ from subsidiary companies at the balance sheet date are :

2018 2017

Burren & Whitaker Dry Lining Limited 20,000 20,000

Included in creditors are balances due to other related parties of £110,629 (2017 £299,800).

8.	ULTIMATE CONTROLLING PARTY

The controlling party is the board of directors.

The ultimate controlling party is the board of directors.