Wm. Bracey Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 00396033 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2015

for

Wm. Bracey Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs M M Alston

H J Alston

SECRETARY:

Mrs M M Alston

REGISTERED OFFICE:

Billockby Hall

Fleggburgh

GREAT YARMOUTH

Norfolk

NR29 3BE

REGISTERED NUMBER:

00396033 (England and Wales)

ACCOUNTANTS:

Argents Chartered Accountants

15 Palace Street

NORWICH

Norfolk

NR3 1RT

FIXED ASSETS

Investments

2

1

1

CURRENT ASSETS

Stocks

62,017

52,525

Debtors

227,929

234,176

Cash at bank

1,943

355

291,889

287,056

CREDITORS

Amounts falling due within one year

7,301

14,484

NET CURRENT ASSETS

284,588

272,572

TOTAL ASSETS LESS CURRENT LIABILITIES

284,589

272,573

CAPITAL AND RESERVES

Called up share capital

3

40

40

Profit and loss account

284,549

272,533

SHAREHOLDERS' FUNDS

284,589

272,573

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 20 June 2016 and were signed on its behalf by:

H J Alston - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Stocks

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

slow moving items.

Investments

Investments held as fixed assets are stated at cost less provision for any impairment in value.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 October 2014

and 30 September 2015

1

NET BOOK VALUE

At 30 September 2015

1

At 30 September 2014

1

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

40

Ordinary

£1

40

40