Goodbrook Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03881609 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2014

FOR

GOODBROOK LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Michael Edward Petch

REGISTERED OFFICE:

419 Streetsbrook Rd

Solihull

West Midlands

B91 1RE

REGISTERED NUMBER:

03881609 (England and Wales)

FIXED ASSETS

Tangible assets

2

816,067

816,423

CURRENT ASSETS

Debtors

3

16,319

16,167

Cash at bank

1,123

2,515

17,442

18,682

CREDITORS

Amounts falling due within one year

9,396

11,097

NET CURRENT ASSETS

8,046

7,585

TOTAL ASSETS LESS CURRENT LIABILITIES

824,113

824,008

CREDITORS

Amounts falling due after more than one year

357,586

357,586

NET ASSETS

466,527

466,422

CAPITAL AND RESERVES

Called up share capital

4

100

1

Revaluation reserve

466,399

466,399

Profit and loss account

28

22

SHAREHOLDERS' FUNDS

466,527

466,422

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2014 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 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 director on 11 August 2015 and were signed by:

Michael Edward Petch - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain

assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

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

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 OR VALUATION

At 1 December 2013

and 30 November 2014

822,607

DEPRECIATION

At 1 December 2013

6,184

Charge for year

356

At 30 November 2014

6,540

NET BOOK VALUE

At 30 November 2014

816,067

At 30 November 2013

816,423

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 99

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.14

30.11.13

value:

£

£

100

Ordinary Shares

£1

100

1

(30.11.13 - 1 )

5.	ULTIMATE CONTROLLING PARTY

The company is controlled by M E Petch by virtue of his shareholding.