Anderson Brownlie Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: SC266706 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Anderson Brownlie Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S Anderson

Mrs T Anderson

SECRETARY:

Mrs T Anderson

REGISTERED OFFICE:

53 Wellhall Road

Hamilton

Lanarkshire

ML3 9BY

REGISTERED NUMBER:

SC266706 (Scotland)

ACCOUNTANTS:

Andersons

53 Wellhall Road

Hamilton

Lanarkshire

ML3 9BY

FIXED ASSETS

Intangible assets

2

-

7,200

Tangible assets

3

2,571

3,226

2,571

10,426

CURRENT ASSETS

Debtors

14,684

17,426

Cash at bank

98,438

77,238

113,122

94,664

CREDITORS

Amounts falling due within one year

32,955

33,698

NET CURRENT ASSETS

80,167

60,966

TOTAL ASSETS LESS CURRENT LIABILITIES

82,738

71,392

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

82,638

71,292

SHAREHOLDERS' FUNDS

82,738

71,392

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 November 2016 and were signed on its behalf by:

S Anderson - 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 services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised 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 etc

-

25% 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

16,000

AMORTISATION

At 1 April 2015

8,800

Amortisation for year

7,200

At 31 March 2016

16,000

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

7,200

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

8,072

Additions

1,018

Disposals

(1,922

)

At 31 March 2016

7,168

DEPRECIATION

At 1 April 2015

4,846

Charge for year

1,556

Eliminated on disposal

(1,805

)

At 31 March 2016

4,597

NET BOOK VALUE

At 31 March 2016

2,571

At 31 March 2015

3,226

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

100

Ordinary

£1

100

100