Brash & Co Accountants Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06781340 (England and Wales)

Abbreviated Accounts for the Year Ended 31 December 2013

for

Brash & Co Accountants Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr P Brash ACCA

REGISTERED OFFICE:

Birkdale Business Centre

Weld Parade

Southport

Merseyside

PR8 2DT

REGISTERED NUMBER:

06781340 (England and Wales)

FIXED ASSETS

Tangible assets

2

3,042

7,812

CURRENT ASSETS

Stocks

-

7,500

Debtors

20,714

10,717

Cash at bank

604

1,415

21,318

19,632

CREDITORS

Amounts falling due within one year

13,270

11,007

NET CURRENT ASSETS

8,048

8,625

TOTAL ASSETS LESS CURRENT LIABILITIES

11,090

16,437

CREDITORS

Amounts falling due after more than one year

10,392

13,693

NET ASSETS

698

2,744

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

598

2,644

SHAREHOLDERS' FUNDS

698

2,744

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 30 September 2014 and were signed 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 April 2008).

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

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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 2013

and 31 December 2013

32,037

DEPRECIATION

At 1 January 2013

24,225

Charge for year

4,770

At 31 December 2013

28,995

NET BOOK VALUE

At 31 December 2013

3,042

At 31 December 2012

7,812

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

100

Ordinary

£1.00

100

100

4.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr P Brash, a director and 100% majority shareholder.