Brown & Bright Shellfish Ltd


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Registered number: 08901489
Brown & Bright Shellfish Ltd
Abbreviated accounts
For the Period 19 February 2014 to 31 March 2015
Abbreviated Balance Sheet
Period to 31 March 2015
Notes £ £
FIXED ASSETS
Tangible assets 2 19,866
19,866
CURRENT ASSETS
Debtors 97,436
Cash at bank and in hand 342
97,778
Creditors: Amounts Falling Due Within One Year (14,569)
NET CURRENT ASSETS (LIABILITIES) 83,209
TOTAL ASSETS LESS CURRENT LIABILITIES 103,075
Creditors: Amounts Falling After More Than One Year 3 (105,106)
NET ASSETS (2,031)
Profit and Loss account (2,031)
SHAREHOLDERS' FUNDS (2,031)
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For the period ending 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • 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 abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).
On behalf of the board
Mr Paul Brown
30/10/2015
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Notes to the Abbreviated Accounts
Accounting Policies
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 20% reducing balance - nil first year
Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives.
Tangible Assets
Total
Cost £
As at 19 February 2014 -
Additions 19,866
As at 31 March 2015 19,866
Net Book Value
As at 31 March 2015 19,866
As at 19 February 2014 -
Creditors: Amounts Falling After More Than One Year
Period to 31 March 2015
£
Net obligations under finance lease and hire purchase contracts 16,379
Other creditors 88,727
105,106
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