T.R. Brown & Sons Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 01895473 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2015

for

T.R. Brown & Sons Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A R E Brown

G A Brown

SECRETARY:

A R E Brown

REGISTERED OFFICE:

Camp House

19 Camp Road

Bristol

BS8 3LW

REGISTERED NUMBER:

01895473 (England and Wales)

ACCOUNTANTS:

A C Mole & Sons

Chartered Accountants

Stafford House

Blackbrook Park Avenue

Taunton

Somerset

TA1 2PX

FIXED ASSETS

Tangible assets

2

310,122

CURRENT ASSETS

Cash at bank

825

2,493

CREDITORS

Amounts falling due within one year

6,012

6,724

NET CURRENT LIABILITIES

(5,187

)

(4,231

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

304,935

305,891

CREDITORS

Amounts falling due after more than one
year

251,955

251,699

NET ASSETS

52,980

54,192

CAPITAL AND RESERVES

Called up share capital

3

39,024

Profit and loss account

13,956

15,168

SHAREHOLDERS' FUNDS

52,980

54,192

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 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 16 September 2016 and were signed on its behalf
by:

A R E Brown - 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 rental income from holiday lets.

Tangible fixed assets

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

Freehold property

-

not provided

Fixtures and fittings

-

20% on cost

The company's freehold property is expected to have an exceptionally long useful life and therefore no

depreciation charge has been included in the accounts as the amount would be immaterial.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

312,730

DEPRECIATION

At 1 January 2015

and 31 December 2015

2,608

NET BOOK VALUE

At 31 December 2015

310,122

At 31 December 2014

310,122

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

39,024

Ordinary Shares

£1

39,024

4.	RELATED PARTY DISCLOSURES

Interest free loans have been made to the company by the directors. The total amount of these loans at 31
December 2015 was £23,955 (2014 - £21,099) and this was also the maximum outstanding during the year.

The directors have occasional use of the property owned by the company as a holiday cottage for which they are charged rent at an arm's length rate.