Foote Evans Breslin Limited - Abbreviated accounts

FOOTE EVANS BRESLIN LTD - Company Information

Registered number

08594882

Foote Evans Breslin Limited

Abbreviated Accounts

31 March 2016

Foote Evans Breslin Limited

Report to the directors on the preparation of the unaudited abbreviated accounts of Foote Evans Breslin Limited for the year ended 31 March 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Foote Evans Breslin Limited for the year ended 31 March 2016 which comprise of the balance sheet and the related notes 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://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.

Peter Dell
Chartered Certified Accountants
Suite 2, 2nd Floor, Stanmore House,
15-19 Church Road
Stanmore
Middlesex
HA7 4AR

18 May 2016

Foote Evans Breslin Limited
Registered number:		08594882
Abbreviated Balance Sheet
as at 31 March 2016

Notes			2016			2015
£				£
Fixed assets
Intangible assets	2		55,495			79,284
Tangible assets	3		10,574			9,546
			66,069			88,830

Current assets
Debtors		209,963			309,612
Cash at bank and in hand		196,415			135,609
		406,378			445,221

Creditors: amounts falling due within one year		(365,017)			(418,652)

Net current assets			41,361			26,569

Total assets less current liabilities			107,430			115,399

Creditors: amounts falling due after more than one year			-			(71,367)

Provisions for liabilities			(2,115)			(1,909)


Net assets			105,315			42,123

Capital and reserves
Called up share capital	4		300			300
Profit and loss account			105,015			41,823

Shareholders' funds			105,315			42,123

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Mark Breslin
Director
Approved by the board on 18 May 2016

Foote Evans Breslin Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2016

1	Accounting policies

	Basis of preparation
	The accounts 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 the value, net of value added tax and discounts, of work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Fixtures, fittings and equipment			25% reducing balance

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

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

	Leasing and hire purchase commitments
	Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of the rental obligations 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. Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

	Going Concern
	The company expects to be able to meet its financial commitments in the following period.


2	Intangible fixed assets					£

	Cost
	At 1 April 2015					118,945
	At 31 March 2016					118,945

	Amortisation
	At 1 April 2015					39,661
	Provided during the year					23,789
	At 31 March 2016					63,450

	Net book value
	At 31 March 2016					55,495
	At 31 March 2015					79,284


3	Tangible fixed assets					£

	Cost
	At 1 April 2015					14,018
	Additions					6,045
	At 31 March 2016					20,063

	Depreciation
	At 1 April 2015					4,472
	Charge for the year					5,017
	At 31 March 2016					9,489

	Net book value
	At 31 March 2016					10,574
	At 31 March 2015					9,546


4	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	A Ordinary shares	£1 each		100		100		100
	B Ordinary shares	£1 each		100		100		100
	C Ordinary shares	£1 each		100		100		100
						300		300