Bremner Design Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC249688 (Scotland)

Bremner Design Ltd

Abbreviated Accounts For The Year Ended 31 May 2014

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTOR:

T Bremner

REGISTERED OFFICE:

The Drill Hall (Studio F41)

36 Dalmeny Street

Edinburgh

Lothian

EH6 8RG

REGISTERED NUMBER:

SC249688 (Scotland)

ACCOUNTANTS:

A A Mackenzie & Co

3-5 Mayfield

High Street

Dingwall

IV15 9ST

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to six)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Bremner Design Ltd for the year ended 31 May 2014 which comprise the Profit and Loss

Account, the 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 at icaew.com/membershandbook.

This report is made solely to the director of Bremner Design Ltd in accordance with our terms of engagement. Our

work has been undertaken solely to prepare for your approval the financial statements of Bremner Design Ltd and

state those matters that we have agreed to state to the director of Bremner Design Ltd in this report in accordance with

AAF 2/10 as detailed at icaew.com/compilation. 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 Bremner Design 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 Bremner

Design Ltd. You consider that Bremner Design 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 Bremner Design 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.

A A Mackenzie & Co

3-5 Mayfield

High Street

Dingwall

IV15 9ST

17 February 2015

FIXED ASSETS

Tangible assets

2

5,655

6,069

CURRENT ASSETS

Debtors

3,391

2,664

Cash at bank

11,879

10,043

15,270

12,707

CREDITORS

Amounts falling due within one year

19,191

17,025

NET CURRENT LIABILITIES

(3,921

)

(4,318

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,734

1,751

PROVISIONS FOR LIABILITIES

754

754

NET ASSETS

980

997

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

979

996

SHAREHOLDERS' FUNDS

980

997

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 17 February 2015 and were signed by:

T Bremner - 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, which excludes value added tax and trade discounts, represents invoiced sales of goods and services

supplied during the year. Work carried out but not completed or invoiced at the year end has been brought into

sales for the year.

Tangible fixed assets

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

Equipment

-

15% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Deferred tax

Full provision is made for deferred tax assets and liabilities arising from all timing differences between the

recognition of gains and losses in the financial statement and recognition in the tax computation.

A net deferred tax asset is recognised only if it can be regarded as more likely than not that there will be

suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax assets and liabilities are calculated at the tax rates expected to be effective at the time the timing

differences are excepted to reverse.

Deferred tax assets and liabilities are not discounted.

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 1 June 2013

12,952

Additions

346

At 31 May 2014

13,298

DEPRECIATION

At 1 June 2013

6,883

Charge for year

760

At 31 May 2014

7,643

NET BOOK VALUE

At 31 May 2014

5,655

At 31 May 2013

6,069

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.14

31.5.13

value:

£

£

1

Ordinary

£1

1

1