Dan Burn-Forti Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07324971 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2021

for

Dan Burn-Forti Ltd

Page

Company Information

1

Chartered Certified Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

Dante Paul Burn-Forti

REGISTERED OFFICE:

33 Perryn Road

East Acton

London

W3 7LS

REGISTERED NUMBER:

07324971 (England and Wales)

ACCOUNTANTS:

CPS Accountancy Ltd

Chartered Certified Accountants

C205 The Chocolate Factory

5 Clarendon Road

Wood Green

London

N22 6XJ

The following reproduces the text of the report prepared for the director 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 Director 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 Dan Burn-Forti Ltd for the year ended 31 March 2021 which comprise the Income Statement, 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Dan Burn-Forti Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Dan Burn-Forti Ltd and state those matters that we have agreed to state to the director of Dan Burn-Forti Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Dan Burn-Forti Ltd 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 Dan Burn-Forti Ltd. You consider that Dan Burn-Forti Ltd 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 Dan Burn-Forti Ltd. 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.

CPS Accountancy Ltd

Chartered Certified Accountants

C205 The Chocolate Factory

5 Clarendon Road

Wood Green

London

N22 6XJ

23 December 2021

FIXED ASSETS

Tangible assets

4

52,825

64,470

CURRENT ASSETS

Debtors

5

8,630

26,299

Cash at bank and in hand

591,025

602,450

599,655

628,749

CREDITORS

Amounts falling due within one year

6

76,704

119,743

NET CURRENT ASSETS

522,951

509,006

TOTAL ASSETS LESS CURRENT LIABILITIES

575,776

573,476

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

575,676

573,376

SHAREHOLDERS' FUNDS

575,776

573,476

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 23 December 2021 and were signed by:

Dante Paul Burn-Forti - Director

1.	STATUTORY INFORMATION

Dan Burn-Forti 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 April 2020

198,938

Additions

5,963

At 31 March 2021

204,901

DEPRECIATION

At 1 April 2020

134,468

Charge for year

17,608

At 31 March 2021

152,076

NET BOOK VALUE

At 31 March 2021

52,825

At 31 March 2020

64,470

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.3.20

£

£

Trade debtors

8,630

26,299

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.3.20

£

£

Trade creditors

11,857

36,539

Tax

17,589

35,824

Social security and other taxes

245

-

VAT

13,963

23,899

Directors' loan accounts

23,250

12,631

Accrued expenses

9,800

10,850

76,704

119,743