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

REGISTERED NUMBER: SC294222 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2021

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

24,327

29,506

CURRENT ASSETS

Debtors

5

116

4,385

Cash at bank

1,184

11,523

1,300

15,908

CREDITORS

Amounts falling due within one year

6

40,747

41,151

NET CURRENT LIABILITIES

(39,447

)

(25,243

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(15,120

)

4,263

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(15,122

)

4,261

SHAREHOLDERS' FUNDS

(15,120

)

4,263

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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 20 July 2022 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 (2020 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2021

137,273

42,057

2,580

181,910

Additions

2,931

-

-

2,931

Disposals

(6,050

)

-

-

(6,050

)

At 31 December 2021

134,154

42,057

2,580

178,791

DEPRECIATION

At 1 January 2021

111,721

38,453

2,230

152,404

Charge for year

7,121

901

88

8,110

Eliminated on disposal

(6,050

)

-

-

(6,050

)

At 31 December 2021

112,792

39,354

2,318

154,464

NET BOOK VALUE

At 31 December 2021

21,362

2,703

262

24,327

At 31 December 2020

25,552

3,604

350

29,506

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.12.20

£

£

VAT

116

4,385

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.12.20

£

£

Trade creditors

1

(2

)

Tax

-

1,708

Social security and other taxes

-

419

Directors' current accounts

39,746

38,026

Accrued expenses

1,000

1,000

40,747

41,151