Steve Brettle Fabrications Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 03751161 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

Steve Brettle Fabrications Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

S Brettle

SECRETARY:

Mrs M Brettle

REGISTERED OFFICE:

Unit 9

Mickleton Road

Riverside Park

Middlesbrough

Cleveland

TS2 1RQ

REGISTERED NUMBER:

03751161 (England and Wales)

ACCOUNTANTS:

Inspire Chartered Accountants

6 Queens Court

Third Avenue

Team Valley

Gateshead

Tyne and Wear

NE11 0BU

FIXED ASSETS

Tangible assets

2

61,054

68,234

CURRENT ASSETS

Stocks

4,000

4,000

Debtors

221,754

224,310

Cash at bank

179,038

75,384

404,792

303,694

CREDITORS

Amounts falling due within one year

227,030

205,574

NET CURRENT ASSETS

177,762

98,120

TOTAL ASSETS LESS CURRENT LIABILITIES

238,816

166,354

PROVISIONS FOR LIABILITIES

11,554

12,846

NET ASSETS

227,262

153,508

CAPITAL AND RESERVES

Called up share capital

3

200

200

Profit and loss account

227,062

153,308

SHAREHOLDERS' FUNDS

227,262

153,508

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 21 July 2015 and were signed by:

S Brettle - 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).

Turnover

Turnover represents net invoiced sales of goods, 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.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Deferred tax

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

balance sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those

held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance

leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

146,719

Additions

4,995

At 31 March 2015

151,714

DEPRECIATION

At 1 April 2014

78,485

Charge for year

12,175

At 31 March 2015

90,660

NET BOOK VALUE

At 31 March 2015

61,054

At 31 March 2014

68,234

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

200

Ordinary

£1

200

200