Ben E Branch Limited - Period Ending 2016-01-31

Registration number: 09390153

Ben E Branch Limited

Unaudited Abbreviated Accounts

for the Period from 15 January 2015 to 31 January 2016

 

Effective Accounting Solutions Limited
Certified

Ben E Branch 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
Ben E Branch Limited
for the Period Ended 31 January 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Ben E Branch Limited for the period ended 31 January 2016 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 Ben E Branch 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 Ben E Branch 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://www2.accaglobal.com/pubs/members/publications/technical_factsheets/downloads/163.doc. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ben E Branch Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Ben E Branch 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 Ben E Branch Limited. You consider that Ben E Branch Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of Ben E Branch 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.

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

Effective Accounting Solutions Limited
Certified

Date:.............................

Page 1

Ben E Branch Limited
(Registration number: 09390153)
Abbreviated Balance Sheet at 31 January 2016

		Note			31 January 2016 £
Fixed assets
Tangible fixed assets					13,574
Current assets
Debtors					1,021
Cash at bank and in hand					1,779
					2,800
Creditors: Amounts falling due within one year					(13,658)
Net current liabilities					(10,858)
Total assets less current liabilities					2,716
Provisions for liabilities					(2,715)
Net assets					1
Capital and reserves
Called up share capital		3			1
Shareholders' funds					1

For the year ending 31 January 2016 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 23 May 2016

.........................................
Mr Ben Edward Branch
Director

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

Ben E Branch Limited
Notes to the Abbreviated Accounts for the Period from 15 January 2015 to 31 January 2016
......... 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 January 2015).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

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
Motor vehicles	25% on cost
Office equipment	25% on cost

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Hire purchase and leasing

Assets held under finance leases, which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet as tangible fixed assets and are depreciated over the shorter of the lease term and their useful lives. The capital elements of future obligations under the leases are included as liabilities in the balance sheet. The interest element of the rental obligation is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding. Assets held under hire purchase agreements are capitalised as tangible fixed assets and are depreciated over the shorter of the lease term and their useful lives. The capital element of future finance payments is included within creditors. Finance charges are allocated to accounting periods over the length of the contract and represent a constant proportion of the balance of capital repayments outstanding.

Page 3

Ben E Branch Limited
Notes to the Abbreviated Accounts for the Period from 15 January 2015 to 31 January 2016
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
Additions		18,099			18,099
At 31 January 2016		18,099			18,099
Depreciation
Charge for the period		4,525			4,525
At 31 January 2016		4,525			4,525
Net book value
At 31 January 2016		13,574			13,574

3	Share capital

Allotted, called up and fully paid shares

	31 January 2016
		No.			£
Ordinary of £1 each		1			1

Page 4