Brimblecombe Bros & Son Limited - Limited company - abbreviated - 11.0.0

BRIMBLECOMBE BROS & SON LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

R C Brimblecombe

SECRETARY:

R C Brimblecombe

REGISTERED OFFICE:

Melrose Queens Road

Moretonhampsted

Newton Abbot

Devon

TQ13 8LP

REGISTERED NUMBER:

04617949 (England and Wales)

ACCOUNTANTS:

Check Book Ltd T/A "Barretts"

Chartered Accountants

22 Union Street

Newton Abbot

Devon

TQ12 2JS

FIXED ASSETS

Tangible assets

2

4,277

4,202

CURRENT ASSETS

Stocks

2,000

85,036

Debtors

165,080

35,339

Cash at bank

5,690

9,985

172,770

130,360

CREDITORS

Amounts falling due within one year

3

155,875

73,482

NET CURRENT ASSETS

16,895

56,878

TOTAL ASSETS LESS CURRENT LIABILITIES

21,172

61,080

CREDITORS

Amounts falling due after more than one year

3

-

(6,724

)

PROVISIONS FOR LIABILITIES

(717

)

(672

)

NET ASSETS

20,455

53,684

CAPITAL AND RESERVES

Called up share capital

4

1,000

1,000

Profit and loss account

19,455

52,684

SHAREHOLDERS' FUNDS

20,455

53,684

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 18 September 2014 and were signed by:

R C Brimblecombe - 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,

except in respect of service contracts where turnover is recognised when

the company obtains the right to consideration.

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 etc

-

25% on reducing balance

Stocks

Stock is valued at the lower of cost and net realisable value.

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

Rentals paid under operating leases are charged to the profit and loss

account on a straight line basis over the period of the lease.

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 January 2013

14,629

Additions

1,500

At 31 December 2013

16,129

DEPRECIATION

At 1 January 2013

10,427

Charge for year

1,425

At 31 December 2013

11,852

NET BOOK VALUE

At 31 December 2013

4,277

At 31 December 2012

4,202

3.

CREDITORS

Creditors include an amount of £ 6,646 (2012 - £ 15,274 ) for which

security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

500

Ordinary A

£1

500

500

500

Ordinary B

£1

500

500

1,000

1,000