| Notes to the Abbreviated Financial Statements |
Burleigh Park Construction Ltd
For the period ended 31 March 2013
| Burleigh Park Construction Ltd |
For the period ended 31 March 2013
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 07553979
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| Notes to the Abbreviated Financial Statements |
Burleigh Park Construction Ltd
For the period ended 31 March 2013
| In accordance with our terms of engagement, and in order to assist you to fulfil your duties under the Companies |
| Act 2006, we have prepared the financial statements for the period ended 31 March 2013 which comprise of the |
| Profit and Loss Account, Balance Sheet and related notes. |
| We have prepared these financial statements based on the accounting records, information and explanations |
| provided to us. You have not instructed us to carry out an audit of the financial statements. For this reason, we |
| have not verified the accuracy or completeness of the accounting records, information or explanations given to us |
| and we, therefore, do not express any opinion on the financial statements. |
| This report is made solely to the Board of Directors of Burleigh Park Construction Ltd in accordance with our terms |
| of engagement. Our work has been undertaken solely to prepare, for your approval, the financial statements and to |
| state those matters that we have agreed to state to the Board and for no other purpose. To the fullest extent |
| permitted by law, we do not accept or assume responsibility to anyone other than Burleigh Park Construction Ltd |
| and its Board of Directors for our work or this report. |
MBS Accountants
3 Tuffley Park
Lower Tuffley Lane
Tuffley
Gloucester
GL2 5DE
18 September 2013
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| Notes to the Abbreviated Financial Statements |
Burleigh Park Construction Ltd
For the period ended 31 March 2013
| Abbreviated Balance Sheet |
Burleigh Park Construction Ltd
2013
4
1,737
1,737
5
4,295
17,881
22,176
| Creditors: amounts falling due within one year |
6
(41,132)
(18,956)
Net current liabilities
| Total assets less current liabilities |
(17,219)
(17,219)
Net assets/liabilities
1
7
(17,220)
(17,219)
Shareholders funds
| For the period ended 31 March 2013 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. |
| Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476, |
| 2) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts |
| These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. |
| Date approved by the board: 11 September 2013 |
| Signed on behalf of the board of directors |
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| Notes to the Abbreviated Financial Statements |
Burleigh Park Construction Ltd
For the period ended 31 March 2013
| The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
| The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities. |
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
| Deferred taxation arises when items are charged or credited in accounts in different periods to those in which they are included in the company's tax computations.Deferred tax is provided in full on timing differences that result in an obligation to pay more (or less) tax at a future date. Deferred tax is calculated at the average rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. The resulting deferred tax asset or liability is not discounted. |
| Proposed dividends are only included as liabilities in the financial statements when their payment has been approved |
| by the shareholders prior to the balance sheet date. |
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer Equipment
Motor Vehicles
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| Notes to the Abbreviated Financial Statements |
Burleigh Park Construction Ltd
For the period ended 31 March 2013
2,316
2,316
579
Charge for period
579
1,737
| Allotted called up and fully paid |
2013
| 1 Class A shares of £1.00 each |
1
1
1 Class A £1.00 share has been issued during the period at par for a cash consideration of £1.
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