Branxholm Function Suite Company Limited - Period Ending 2013-12-31

Branxholm Function Suite Company Limited - Period Ending 2013-12-31

BRANKSOME HALL LTD - Company Information

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Branxholm Function Suite Company Limited 06221587 false true 2013-01-01 2013-12-31 2013-12-31 06221587 2013-01-01 2013-12-31 06221587 2013-12-31 06221587 uk-bus:OrdinaryShareClass1 2013-12-31 06221587 uk-bus:Chairman 2013-01-01 2013-12-31 06221587 uk-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 06221587 uk-bus:EntityAccountantsOrAuditors 2013-01-01 2013-12-31 06221587 2012-12-31 06221587 2012-12-31 06221587 uk-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP xbrli:shares

Registration number: 06221587

Branxholm Function Suite Company Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 December 2013
 

Lennards
Chartered Accountants
The Vicarage
31 Great King Street
Macclesfield
Cheshire
SK11 6PL

 

Branxholm Function Suite Company Limited
Contents

Accountants' Report

1

Abbreviated Balance Sheet

2 to 3

Notes to the Abbreviated Accounts

4 to 5

 

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 5) have been prepared.

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Branxholm Function Suite Company Limited
for the Year Ended 31 December 2013

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Branxholm Function Suite Company Limited for the year ended 31 December 2013 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Branxholm Function Suite Company Limited, as a body, in accordance with the terms of our engagement letterdated 7 June 2013. Our work has been undertaken solely to prepare for your approval the accounts of Branxholm Function Suite Company Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Branxholm Function Suite Company Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Branxholm Function Suite Company 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 Branxholm Function Suite Company Limited. You consider that Branxholm Function Suite Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Branxholm Function Suite Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Lennards
Chartered Accountants
The Vicarage
31 Great King Street
Macclesfield
Cheshire
SK11 6PL

30 September 2014

Page 1

 

Branxholm Function Suite Company Limited
(Registration number: 06221587)
Abbreviated Balance Sheet at 31 December 2013

 

Note

    

2013
£

    

2012
£

  

Current assets

  

   

   

 

Stocks

  

   

698

   

3,430

 

Debtors

  

   

3,396

   

3,396

 

Cash at bank and in hand

  

   

43

   

1,048

 

 

   

4,137

   

7,874

 

Creditors: Amounts falling due within one year

  

   

(97,651)

   

(90,283)

 

Net liabilities

  

   

(93,514)

   

(82,409)

 

Capital and reserves

  

   

   

 

Called up share capital

 

2

   

1

   

1

 

Profit and loss account

  

   

(93,515)

   

(82,410)

 

Shareholders' deficit

  

   

(93,514)

   

(82,409)

 

The notes on pages 4 to 5 form an integral part of these financial statements.
Page 2

 

Branxholm Function Suite Company Limited
(Registration number: 06221587)
Abbreviated Balance Sheet at 31 December 2013
......... continued

For the year ending 31 December 2013 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges 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 .

Approved by the director on 30 September 2014

.........................................
Christopher John Bell
Chairman

The notes on pages 4 to 5 form an integral part of these financial statements.
Page 3

 

Branxholm Function Suite Company Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2013
......... continued

1

Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Going concern

The financial statements have been prepared on a going concern basis.

Turnover

The company's turnover represents the value, excluding value added tax, of goods and services supplied to customers during the year. The whole of the company's turnover was generated from its main activity and arose in the U.K.

Stock

Stocks are valued at the lower of cost and net realisable value.

Deferred tax

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences to the extent that it is considered that a net liability may crystallise.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2

Share capital

Allotted, called up and fully paid shares

 

2013

2012

   

No.

   

£

   

No.

   

£

 

Ordinary of £1 each

 

1

   

1

   

1

   

1

 
                         

Page 4

 

Branxholm Function Suite Company Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2013
......... continued

3

Control

The company is controlled by the Trustees of Branksome Masonic Hall. The Masonic Hall also underwrites and supports the losses incurred by the company and has no plans to call in the loans made to company. The trustees (and company directors) are satisfied that the company is solvent and can meet all its liabilities, subject to the loans remaining uncalled.

Page 5