Brown Property Management Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC402187 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2014

for

Brown Property Management Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J Brown

D Brown

REGISTERED OFFICE:

2 Annan Glade

Motherwell

ML1 2BT

REGISTERED NUMBER:

SC402187 (Scotland)

ACCOUNTANTS:

Graham & Co. (Accountants) Limited

76 Dumbarton Road

Clydebank

Glasgow

G81 1UG

FIXED ASSETS

Tangible assets

2

600

1,200

CURRENT ASSETS

Debtors

9,617

15,371

Cash at bank

648

1,191

10,265

16,562

CREDITORS

Amounts falling due within one year

14,771

13,799

NET CURRENT (LIABILITIES)/ASSETS

(4,506

)

2,763

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,906

)

3,963

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(4,006

)

3,863

SHAREHOLDERS' FUNDS

(3,906

)

3,963

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 20 March 2015 and were signed on its behalf by:

J 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.

Plant and machinery etc

-

25% on cost

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 1 July 2013

and 30 June 2014

2,400

DEPRECIATION

At 1 July 2013

1,200

Charge for year

600

At 30 June 2014

1,800

NET BOOK VALUE

At 30 June 2014

600

At 30 June 2013

1,200

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.14

30.6.13

value:

£

£

100

Ordinary

1

100

100