Brookhouse Contract Services Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC294222 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2019

for

Brookhouse Contract Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

W J Brookhouse

SECRETARY:

Mrs M Brookhouse

REGISTERED OFFICE:

Touxton

Methlick

ELLON

Aberdeenshire

AB41 7DB

REGISTERED NUMBER:

SC294222 (Scotland)

ACCOUNTANTS:

Add Accountancy Limited

6 Market Square

OLDMELDRUM

Aberdeenshire

AB51 0AA

FIXED ASSETS

Tangible assets

4

25,342

30,287

CURRENT ASSETS

Debtors

5

1,636

-

Cash at bank

13,992

20,817

15,628

20,817

CREDITORS

Amounts falling due within one year

6

42,209

53,530

NET CURRENT LIABILITIES

(26,581

)

(32,713

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,239

)

(2,426

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(1,241

)

(2,428

)

SHAREHOLDERS' FUNDS

(1,239

)

(2,426

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 June 2020 and were signed by:

W J Brookhouse - Director

1.	STATUTORY INFORMATION

Brookhouse Contract Services Ltd is a private company, limited by shares , registered in Scotland. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the

extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will

be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2019

119,773

42,057

2,580

164,410

Additions

3,500

-

-

3,500

At 31 December 2019

123,273

42,057

2,580

167,910

DEPRECIATION

At 1 January 2019

96,514

35,651

1,958

134,123

Charge for year

6,689

1,601

155

8,445

At 31 December 2019

103,203

37,252

2,113

142,568

NET BOOK VALUE

At 31 December 2019

20,070

4,805

467

25,342

At 31 December 2018

23,259

6,406

622

30,287

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

VAT

1,636

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Trade creditors

-

3

Tax

2,189

937

Social security and other taxes

-

225

VAT

-

1,820

Other creditors

8,403

8,097

Directors' current accounts

30,617

38,675

Accrued expenses

1,000

3,773

42,209

53,530