Brighter Future Solutions Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06121265 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2014

FOR

BRIGHTER FUTURE SOLUTIONS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S R Goodburn

B M Goodburn

SECRETARY:

K Smith

REGISTERED OFFICE:

23 Dane Close

Hartlip

Sittingbourne

Kent

ME9 7TN

REGISTERED NUMBER:

06121265 (England and Wales)

ACCOUNTANTS:

Friend & Grant Ltd

Bryant House

Bryant Road

Strood

Rochester

Kent

ME2 3EW

FIXED ASSETS

Tangible assets

2

964

1,115

CURRENT ASSETS

Debtors

9,327

8,846

Cash at bank

85,328

63,314

94,655

72,160

CREDITORS

Amounts falling due within one year

22,869

22,128

NET CURRENT ASSETS

71,786

50,032

TOTAL ASSETS LESS CURRENT LIABILITIES

72,750

51,147

PROVISIONS FOR LIABILITIES

193

237

NET ASSETS

72,557

50,910

CAPITAL AND RESERVES

Called up share capital

3

5

5

Profit and loss account

72,552

50,905

SHAREHOLDERS' FUNDS

72,557

50,910

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 4 July 2014 and were signed on its behalf by:

S R Goodburn - Director

B M Goodburn - 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).

Going concern

No material uncertainties that may cast doubt about the ability of the company to continue as a going concern

have been identified by the directors.

Turnover

Turnover represents net invoiced sales of services, 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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

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

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2013

2,627

Additions

344

Disposals

(645

)

At 31 January 2014

2,326

DEPRECIATION

At 1 February 2013

1,512

Charge for year

321

Eliminated on disposal

(471

)

At 31 January 2014

1,362

NET BOOK VALUE

At 31 January 2014

964

At 31 January 2013

1,115

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

5

Ordinary

£1

5

5

4.	RELATED PARTY DISCLOSURES

S R Goodburn

A director and shareholder of the company.

Dividends were paid of £25,500 during the year

2014

2013

£

£

Amount due to related party at the balance sheet date

926

727

B M Goodburn

A director and shareholder of the company

Dividends were paid of £25,500 during the year