Bramley Partnership Limited - Period Ending 2014-04-30

Registration number: 07089949

Bramley Partnership Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 April 2014
 

Bramley Partnership Limited
(Registration number: 07089949)
Abbreviated Balance Sheet at 30 April 2014

		Note			2014 £			2013 £
Fixed assets
Tangible fixed assets		2			203			239
Current assets
Cash at bank and in hand					27			27
Creditors: Amounts falling due within one year					(403)			(210)
Net current liabilities					(376)			(183)
Total assets less current liabilities					(173)			56
Provisions for liabilities					(41)			(48)
Net (liabilities)/assets					(214)			8
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					(314)			(92)
Shareholders' (deficit)/funds					(214)			8

The notes on pages 3 to 4 form an integral part of these financial statements.
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Bramley Partnership Limited
(Registration number: 07089949)
Abbreviated Balance Sheet at 30 April 2014
......... continued

For the year ending 30 April 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

Approved by the Board on 22 January 2015 and signed on its behalf by:

.........................................
Mr J A H Cole
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
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Bramley Partnership Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% reducing balance basis

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

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Bramley Partnership Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2014
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 May 2013		402			402
At 30 April 2014		402			402
Depreciation
At 1 May 2013		163			163
Charge for the year		36			36
At 30 April 2014		199			199
Net book value
At 30 April 2014		203			203
At 30 April 2013		239			239

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary shares of £1 each		100			100			100			100

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