Broadway Twelve Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 03105951 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

BROADWAY TWELVE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr H Owide

Mrs P Owide

SECRETARY:

Mr H Owide

REGISTERED OFFICE:

5 Spring Villa Road

Edgware

Middlesex

HA8 7EB

REGISTERED NUMBER:

03105951 (England and Wales)

ACCOUNTANTS:

Passer Chevern & Co

Chartered Accountants

5 Spring Villa Road

Edgware

Middlesex

HA8 7EB

FIXED ASSETS

Intangible assets

2

1,092

1,636

Tangible assets

3

964

1,280

2,056

2,916

CURRENT ASSETS

Debtors

3,500

7,133

Cash at bank

2,830

1,354

6,330

8,487

CREDITORS

Amounts falling due within one year

5,311

11,320

NET CURRENT ASSETS/(LIABILITIES)

1,019

(2,833

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,075

83

CAPITAL AND RESERVES

Called up share capital

4

20

Profit and loss account

3,055

63

SHAREHOLDERS' FUNDS

3,075

83

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 21 November 2016 and were signed on its behalf
by:

Mr H Owide - 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 gross takings.

Goodwill

Goodwill is being written off evenly over its estimated useful life of twenty years.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

10,888

AMORTISATION

At 1 January 2015

9,252

Amortisation for year

544

At 31 December 2015

9,796

NET BOOK VALUE

At 31 December 2015

1,092

At 31 December 2014

1,636

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

19,043

Disposals

(6,141

)

At 31 December 2015

12,902

DEPRECIATION

At 1 January 2015

17,763

Charge for year

170

Eliminated on disposal

(5,995

)

At 31 December 2015

11,938

NET BOOK VALUE

At 31 December 2015

964

At 31 December 2014

1,280

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

20

Ordinary

£1

20