BROWN OWL CREATIVE LTD


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Company Registration No. 08161201 (England and Wales)
BROWN OWL CREATIVE LTD Abbreviated unaudited accounts for the year ended 31 July 2016
BROWN OWL CREATIVE LTD Abbreviated Balance Sheet as at 31 July 2016
2016 
2015 
Notes
£ 
£ 
Fixed assets
Tangible assets
131 
603 
Current assets
Stocks
150 
125 
Debtors
- 
2,505 
Cash at bank and in hand
1,553 
2,134 
1,703 
4,764 
Creditors: amounts falling due within one year
3,579 
(5,357)
Net current assets/(liabilities)
5,282 
(593)
Total assets less current liabilities
5,413 
10 
Creditors: amounts falling due after more than one year
(5,403)
- 
Net assets
10 
10 
Capital and reserves
Called up share capital
10 
10 
Total shareholders' funds
10 
10 
For the year ending 31 July 2016 the company was entitled to exemption from audit 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 her 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 8 November 2016
Mrs T L Costopoulos Director Company Registration No. 08161201
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BROWN OWL CREATIVE LTD Notes to the Abbreviated Accounts for the year ended 31 July 2016
1
Accounting policies
Basis of preparation
The accounts 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 the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33%Straight line
2
Tangible fixed assets
Plant & machinery 
£ 
Cost
At 1 August 2015
1,430 
At 31 July 2016
1,430 
Depreciation
At 1 August 2015
827 
Charge for the year
472 
At 31 July 2016
1,299 
Net book value
At 31 July 2016
131 
At 31 July 2015
603 
3
Share capital
2016 
2015 
£ 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
10 
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