Bripat Engineering Limited - Abbreviated accounts 16.1

Bripat Engineering Limited - Abbreviated accounts 16.1

BRIPAT ENGINEERING LIMITED - Company Information

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REGISTERED NUMBER: 06424941 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

BRIPAT ENGINEERING LIMITED

BRIPAT ENGINEERING LIMITED (REGISTERED NUMBER: 06424941)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

BRIPAT ENGINEERING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2015







DIRECTORS: Mr BW Raffaelli
Mrs PA Raffaelli





SECRETARY: Mrs D Cathrall





REGISTERED OFFICE: Fenice Court
Phoenix Business Park
Eaton Socon
St. Neots
Cambridgeshire
PE19 8EP





REGISTERED NUMBER: 06424941 (England and Wales)





ACCOUNTANTS: Davey Grover Limited
Chartered Accountants
Fenice Court
Phoenix Business Park
Eaton Socon
St. Neots
Cambridgeshire
PE19 8EP
Page 1
BRIPAT ENGINEERING LIMITED (REGISTERED NUMBER: 06424941)

ABBREVIATED BALANCE SHEET
31 DECEMBER 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 1 1
Tangible assets 3 26,300 32,743
26,301 32,744

CURRENT ASSETS
Stocks 5,414 18,663
Debtors 190,167 137,478
Cash at bank and in hand 35,748 35,500
231,329 191,641
CREDITORS
Amounts falling due within one year 178,952 204,090
NET CURRENT ASSETS/(LIABILITIES) 52,377 (12,449 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
78,678
20,295

PROVISIONS FOR LIABILITIES 4,839 5,868
NET ASSETS 73,839 14,427

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 73,739 14,327
SHAREHOLDERS' FUNDS 73,839 14,427

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 notes form part of these abbreviated accounts

Page 2 continued...
BRIPAT ENGINEERING LIMITED (REGISTERED NUMBER: 06424941)

ABBREVIATED BALANCE SHEET - continued
31 DECEMBER 2015


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 25 August 2016 and were signed on its behalf by:




Mr BW Raffaelli - Director



Mrs PA Raffaelli - Director


The notes form part of these abbreviated accounts

Page 3
BRIPAT ENGINEERING LIMITED (REGISTERED NUMBER: 06424941)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

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

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2015
and 31 December 2015 130,000
AMORTISATION
At 1 January 2015
and 31 December 2015 129,999
NET BOOK VALUE

At 31 December 2015 1
At 31 December 2014 1

Page 4 continued...
BRIPAT ENGINEERING LIMITED (REGISTERED NUMBER: 06424941)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2015 67,213
Additions 2,000
Disposals (1,600 )
At 31 December 2015 67,613
DEPRECIATION
At 1 January 2015 34,470
Charge for year 8,158
Eliminated on disposal (1,315 )
At 31 December 2015 41,313
NET BOOK VALUE
At 31 December 2015 26,300
At 31 December 2014 32,743

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
1,000 Ordinary 10p 100 100

5. ULTIMATE CONTROLLING PARTY

Mr B W Raffaelli ultimately controls the company.

Page 5