Abbreviated Company Accounts - R.BRERETON LIMITED
Abbreviated Company Accounts - R.BRERETON LIMITED
Registered Number 00654509
R.BRERETON LIMITED
Abbreviated Accounts
11 October 2014
R.BRERETON LIMITED Registered Number 00654509
Abbreviated Balance Sheet as at 11 October 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Provisions for liabilities |
( |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
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Shareholders' funds |
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For the year ending 11 October 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the Board on
And signed on their behalf by:
R.BRERETON LIMITED Registered Number 00654509
Notes to the Abbreviated Accounts for the period ended 11 October 2014
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Freehold property - 4% per annum straight line
Plant & machinery - 15% per annum reducing balance
Improvements to property - 10% / 4% per annum straight line
Tractor - 25% per annum reducing balance
Other accounting policies
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 statements 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 expected to reverse.
Deferred tax assets and liabilities are not discounted.
£ | |
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Cost | |
At 12 October 2013 |
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Additions |
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Disposals |
( |
Revaluations |
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Transfers |
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At 11 October 2014 |
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Depreciation | |
At 12 October 2013 |
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Charge for the year |
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On disposals |
( |
At 11 October 2014 |
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Net book values | |
At 11 October 2014 | 19,545 |
At 11 October 2013 | 20,505 |