Brightspark Associates Limited,Ltd - Accounts

Brightspark Associates Limited,Ltd - Accounts

BRIGHTSPARK ASSOCIATES LIMITED - Company Information

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2015-01-01 true false Private Limited Company 05613501 2015-12-31 05613501 2015-01-01 2015-12-31 05613501 2014-12-31 05613501 2014-01-01 2014-12-31 05613501 uk-bus:Director1 2015-01-01 2015-12-31 05613501 uk-gaap:PlantMachinery 2015-01-01 2015-12-31 05613501 uk-bus:OrdinaryShareClass1 2015-12-31 iso4217:GBP
Brightspark Associates Limited
For the year ended 31 December 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 05613501
2
Contents Page
Brightspark Associates Limited
For the year ended 31 December 2015
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
Brightspark Associates Limited
Accountants' Report
For the year ended 31 December 2015
In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the
accounts of Brightspark Associates Limited for the year ended 31 December 2015 which comprise the Profit and
Loss Account, Statement of Recognised Gains and Losses, 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 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.
This report is made solely to the Board of Directors of Brightspark Associates Limited, as a body, in accordance
with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval
the accounts of Brightspark Associates Limited and state those matters that we have agreed to state to the Board
of Directors of Brightspark Associates Limited, as a body, in this report in accordance with the requirements of the
Association of Chartered Certified Accountants and as detailed at http://www.accaglobal.com/factsheet163. To the
fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Brightspark
Associates Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Brightspark Associates 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 loss of Brightspark
Associates Limited. You consider that Brightspark Associates Limited is exempt from the statutory audit
requirement for the year.
Morrison Associates
24 James Street West
Bath
BA1 2BT
14 June 2016
Dated:
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4
Abbreviated Balance Sheet
Brightspark Associates Limited
As at 31 December 2015
05613501
Registered Number :
£
£
2015
Notes
2014
Fixed assets
Tangible assets
2
1,786
2,089
1,786
2,089
Current assets
Debtors
2,814
509
509
2,814
Creditors: amounts falling due within one year
(4,327)
(8,141)
(1,513)
(7,632)
Net current liabilities
Total assets less current liabilities
(5,846)
576
(5,846)
Net assets/liabilities
576
Capital and reserves
Called up share capital
1,000
3
1,000
Profit and loss account
(6,846)
(424)
(5,846)
576
Shareholders funds
For the year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) The directors acknowledge their 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.
Date approved by the board: 14 June 2016
Mr B J Prescott Director
Signed on behalf of the board of directors
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5
Notes to the Abbreviated Financial Statements
Brightspark Associates Limited
For the year ended 31 December 2015
1 Accounting Policies
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Dividends
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved
by the shareholders prior to the balance sheet date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25% Reducing balance
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
7,244
At 01 January 2015
292
Additions
At 31 December 2015
7,536
Depreciation
5,155
At 01 January 2015
595
Charge for year
5,750
At 31 December 2015
Net book values
At 31 December 2015
1,786
2,089
At 31 December 2014
3 Share capital
Allotted called up and fully paid
2015
2014
£
£
1,000 Class A shares of £1.00 each
1,000
1,000
1,000
1,000
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6
Notes to the Abbreviated Financial Statements
Brightspark Associates Limited
For the year ended 31 December 2015
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