Goodbrook Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 03881609 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2013

FOR

GOODBROOK LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Michael Edward Petch

REGISTERED OFFICE:

419 Streetsbrook Rd

Solihull

West Midlands

B91 1RE

REGISTERED NUMBER:

03881609 (England and Wales)

FIXED ASSETS

Tangible assets

2

816,423

726,898

CURRENT ASSETS

Debtors

16,167

17,010

Cash at bank

2,515

4,128

18,682

21,138

CREDITORS

Amounts falling due within one year

11,097

14,275

NET CURRENT ASSETS

7,585

6,863

TOTAL ASSETS LESS CURRENT LIABILITIES

824,008

733,761

CREDITORS

Amounts falling due after more than one year

357,586

357,586

NET ASSETS

466,422

376,175

CAPITAL AND RESERVES

Called up share capital

3

1

1

Revaluation reserve

466,399

376,399

Profit and loss account

22

(225

)

SHAREHOLDERS' FUNDS

466,422

376,175

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 15 August 2014 and were signed by:

Michael Edward Petch - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets 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.

Fixtures and fittings

-

25% on reducing balance

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 OR VALUATION

At 1 December 2012

732,607

Revaluations

90,000

At 30 November 2013

822,607

DEPRECIATION

At 1 December 2012

5,709

Charge for year

475

At 30 November 2013

6,184

NET BOOK VALUE

At 30 November 2013

816,423

At 30 November 2012

726,898

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.13

30.11.12

value:

£

£

1

Ordinary Shares

£1

1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Directors has repaid the loan within nine months of the year end.

5.	ULTIMATE CONTROLLING PARTY

The company is controlled by M E Petch by virtue of his 100% shareholding.