Brash & Co Accountants Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 06781340 (England and Wales)

Abbreviated Accounts for the Year Ended 31 December 2015

for

Brash & Co Accountants Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr P Brash ACCA

Mr R A Brash

REGISTERED OFFICE:

Birkdale Business Centre

Weld Parade

Southport

Merseyside

PR8 2DT

REGISTERED NUMBER:

06781340 (England and Wales)

FIXED ASSETS

Tangible assets

2

1,969

2,626

CURRENT ASSETS

Debtors

21,845

17,959

Cash at bank

734

739

22,579

18,698

CREDITORS

Amounts falling due within one year

20,811

12,861

NET CURRENT ASSETS

1,768

5,837

TOTAL ASSETS LESS CURRENT LIABILITIES

3,737

8,463

CREDITORS

Amounts falling due after more than one year

-

6,946

NET ASSETS

3,737

1,517

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

3,637

1,417

SHAREHOLDERS' FUNDS

3,737

1,517

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 30 September 2016 and were signed on its behalf by:

Mr P Brash ACCA - 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 net invoiced sales of goods, excluding value added tax.

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 etc

-

33% on cost and 20% on cost

Deferred tax

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

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

32,611

Disposals

(8,187

)

At 31 December 2015

24,424

DEPRECIATION

At 1 January 2015

29,985

Charge for year

657

Eliminated on disposal

(8,187

)

At 31 December 2015

22,455

NET BOOK VALUE

At 31 December 2015

1,969

At 31 December 2014

2,626

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

£

99

Ordinary A

£1.00

99

99

1

Ordinary B

£1.00

1

1

100

100