Brainway Application Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03673311 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2014

FOR

BRAINWAY APPLICATION LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A Irakleous

REGISTERED OFFICE:

2nd Floor

9 Chapel Place

London

EC2A 3DQ

REGISTERED NUMBER:

03673311 (England and Wales)

ACCOUNTANTS:

Westminster Accountancy Ltd

Accountants

Westminster House

9 Chapel Place

Rivington Street

London

EC2A 3DQ

CURRENT ASSETS

Cash in hand

10,362

10,362

CREDITORS

Amounts falling due within one year

14,204

13,670

NET CURRENT LIABILITIES

(3,842

)

(3,308

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,842

)

(3,308

)

CAPITAL AND RESERVES

Called up share capital

2

2

2

Profit and loss account

(3,844

)

(3,310

)

SHAREHOLDERS' FUNDS

(3,842

)

(3,308

)

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 her 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.

BONCAMPER I the director on 11 September 2015 and were signed by:

A Irakleous - 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).

Deferred tax

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

sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary Share Capital

£1.00

2

2

3.	GOING CONCERN

The Balance Sheet as at 30th November 2014 has a negative balance however, the director is confident that the

company will receive enough financial support to enable it to continue to trade in the foreseeable future.