Braybrooks Bros Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 00446738

Braybrooks Bros Limited

Abbreviated Unaudited Accounts for the Year Ended 31 October 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs P A Start

SECRETARY:

P Start

REGISTERED OFFICE:

29 Stonegate

Cowbit

Spalding

Lincolnshire

PE12 6AH

REGISTERED NUMBER:

00446738

ACCOUNTANTS:

Salway and Wright

Chartered Accountants

32 The Crescent

Spalding

Lincolnshire

PE11 1AF

FIXED ASSETS

Tangible assets

2

373,818

356,332

CURRENT ASSETS

Debtors

3,265

15,950

Cash at bank

9,756

12,808

13,021

28,758

CREDITORS

Amounts falling due within one year

2,198

887

NET CURRENT ASSETS

10,823

27,871

TOTAL ASSETS LESS CURRENT LIABILITIES

384,641

384,203

CREDITORS

Amounts falling due after more than one year

279,535

296,535

NET ASSETS

105,106

87,668

CAPITAL AND RESERVES

Called up share capital

3

17,500

17,500

Profit and loss account

87,606

70,168

SHAREHOLDERS' FUNDS

105,106

87,668

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2015 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.

The financial statements were approved by the director on 29 December 2015 and were signed by:

Mrs P A Start - 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 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.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Buildings

-

5% on reducing balance

Land

-

not provided

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

At 1 November 2014

511,074

Additions

31,922

At 31 October 2015

542,996

DEPRECIATION

At 1 November 2014

154,742

Charge for year

14,436

At 31 October 2015

169,178

NET BOOK VALUE

At 31 October 2015

373,818

At 31 October 2014

356,332

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.15

31.10.14

value:

£

£

17,500

Ordinary

£1

17,500

17,500

4.	RELATED PARTY TRANSACTIONS

The business is owned and controlled by Mrs P Start.

5.	SECURED DEBTS

The bank loan is secured by assets of the company.