Bracken Landscaping Limited - Period Ending 2015-06-30

Registration number: 06942867

Bracken Landscaping Limited

trading as Bracken Landscaping Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 June 2015
 

ADP Accounting Limited
Association of Chartered Certified Accountants
19 Farrow Close
Mattishall
Mattishall
Norfolk
NR20 3SZ

Bracken Landscaping Limited
trading as Bracken Landscaping Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Bracken Landscaping Limited
trading as Bracken Landscaping Limited
for the Year Ended 30 June 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Bracken Landscaping Limited for the year ended 30 June 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made solely to the Board of Directors of Bracken Landscaping Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Bracken Landscaping Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bracken Landscaping Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Bracken Landscaping Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Bracken Landscaping Limited. You consider that Bracken Landscaping Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Bracken Landscaping Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

ADP Accounting Limited
Association of Chartered Certified Accountants
19 Farrow Close
Mattishall
Mattishall
Norfolk
NR20 3SZ

29 July 2015

Page 1

Bracken Landscaping Limited
trading as Bracken Landscaping Limited
(Registration number: 06942867)
Abbreviated Balance Sheet at 30 June 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					7,306			9,421
Current assets
Debtors					996			6,027
Cash at bank and in hand					1,818			4,775
					2,814			10,802
Creditors: Amounts falling due within one year					(7,781)			(8,983)
Net current (liabilities)/assets					(4,967)			1,819
Total assets less current liabilities					2,339			11,240
Creditors: Amounts falling due after more than one year					(373)			(686)
Net assets					1,966			10,554
Capital and reserves
Called up share capital		3			1,000			1,000
Profit and loss account					966			9,554
Shareholders' funds					1,966			10,554

For the year ending 30 June 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the director on 29 July 2015

.........................................
Mr TR Curl
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Bracken Landscaping Limited
trading as Bracken Landscaping Limited
Notes to the Abbreviated Accounts for the Year Ended 30 June 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Goodwill

Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.

Amortisation

Amortisation is charged at the following rates:-

Asset class	Amortisation method and rate
Goodwill	20% Straight Line

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% Reducing Balance
Fixtures & Fittings	20% Reducing Balance
Computer Equipment	33% Straight Line
Motor Vehicles	25% Reducing Balance

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 3

Bracken Landscaping Limited
trading as Bracken Landscaping Limited
Notes to the Abbreviated Accounts for the Year Ended 30 June 2015
......... continued

2	Fixed assets

		Intangible assets £			Tangible assets £			Total £
Cost
At 1 July 2014		5,000			21,883			26,883
Additions		-			210			210
At 30 June 2015		5,000			22,093			27,093
Depreciation
At 1 July 2014		5,000			12,462			17,462
Charge for the year		-			2,325			2,325
At 30 June 2015		5,000			14,787			19,787
Net book value
At 30 June 2015		-			7,306			7,306
At 30 June 2014		-			9,421			9,421

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary of £1 each		1,000			1,000			1,000			1,000

4	Related party transactions

Director's advances and credits

	2015 Advance/ Credit £	2015 Repaid £	2014 Advance/ Credit £	2014 Repaid £
Mr TR Curl
Loan to the director	-	-	(685)	-
Mr R Hewett-Curl
Loan from the director	-	-	-	-

Page 4