Brown Design & Build Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: SC232959 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 5 April 2014

for

Brown Design & Build Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

I Brown

SECRETARY:

I Brown

REGISTERED OFFICE:

11 Carlton Street

Edinburgh

EH4 1NE

REGISTERED NUMBER:

SC232959 (Scotland)

ACCOUNTANTS:

G Spratt and Co

Chartered Accountants

3 Abbeylands

High Street

Dunbar

East Lothian

EH42 1EH

FIXED ASSETS

Tangible assets

2

568,266

402,253

CURRENT ASSETS

Stocks

4,260

7,740

Debtors

6,832

15,670

Cash at bank

681,040

979,394

692,132

1,002,804

CREDITORS

Amounts falling due within one year

43,357

159,713

NET CURRENT ASSETS

648,775

843,091

TOTAL ASSETS LESS CURRENT LIABILITIES

1,217,041

1,245,344

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

1,216,041

1,244,344

SHAREHOLDERS' FUNDS

1,217,041

1,245,344

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 13 August 2014 and were signed by:

I Brown - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 6 April 2013

551,644

Additions

185,000

At 5 April 2014

736,644

DEPRECIATION

At 6 April 2013

149,391

Charge for year

18,987

At 5 April 2014

168,378

NET BOOK VALUE

At 5 April 2014

568,266

At 5 April 2013

402,253

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

5.4.14

5.4.13

value:

£

£

1,000

Share capital 1

£1

1,000

1,000