Brayfast Computing Limited - Accounts to registrar - small 16.3
Brayfast Computing Limited - Accounts to registrar - small 16.3
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| REGISTERED NUMBER: |
| Brayfast Computing Limited |
| Unaudited Financial Statements |
| for the Year Ended 31 October 2016 |
| Brayfast Computing Limited (Registered number: 03116188) |
| Contents of the Financial Statements |
| for the Year Ended 31 October 2016 |
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| Page |
| Company Information | 1 |
| Report of the Accountants | 2 |
| Balance Sheet | 3 |
| Notes to the Financial Statements | 4 |
| Brayfast Computing Limited |
| Company Information |
| for the Year Ended 31 October 2016 |
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| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Brayfast Computing Limited |
| Report of the Accountants to the Directors of |
| Brayfast Computing Limited |
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| The following reproduces the text of the report prepared for the directors and members in respect of the company's annual |
| unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance |
| Sheet. Readers are cautioned that the Profit and Loss Account and certain other primary statements and the Report of the |
| Directors are not required to be filed with the Registrar of Companies. |
| As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2016 set out on pages nil to nil and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| Date: ............................................. |
| Brayfast Computing Limited (Registered number: 03116188) |
| Balance Sheet |
| 31 October 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
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| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors | 3 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) |
| PROVISIONS FOR LIABILITIES | 5 |
| NET (LIABILITIES)/ASSETS | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Profit and loss account | 7 | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| 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 financial statements were approved by the Board of Directors on |
| Brayfast Computing Limited (Registered number: 03116188) |
| Notes to the Financial Statements |
| for the Year Ended 31 October 2016 |
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| 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. |
| Tangible fixed assets |
| Office equipment | - |
| 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. | TANGIBLE FIXED ASSETS |
| Office |
| equipment |
| £ |
| COST |
| At 1 November 2015 |
| and 31 October 2016 |
| DEPRECIATION |
| At 1 November 2015 |
| Charge for year |
| At 31 October 2016 |
| NET BOOK VALUE |
| At 31 October 2016 |
| At 31 October 2015 |
| 3. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Trade debtors | - | 1,920 |
| Other debtors | 1 | - |
| 4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| Brayfast Computing Limited (Registered number: 03116188) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 October 2016 |
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| 5. | PROVISIONS FOR LIABILITIES |
| 2016 | 2015 |
| £ | £ |
| Deferred tax |
| Accelerated capital allowances |
| Deferred |
| tax |
| £ |
| Balance at 1 November 2015 |
| Unwinding of discounted amount | ( |
) |
| Balance at 31 October 2016 |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary | 1 |
| 7. | RESERVES |
| Profit |
| and loss |
| account |
| £ |
| At 1 November 2015 |
| Deficit for the year | ( |
) |
| Dividends | ( |
) |
| At 31 October 2016 | ( |
) |
| 8. | PENSION COMMITMENTS |
| a) The Company operates a defined pension screen. |
| b) This item has been dealt with in the financial statements in accordance with the accounting policy as set out in Note |
| 1. |
| c) The pension cost charge for the year amounted to £37,200 (2015: £72,000). |
| d) There were neither prepaid nor outstanding premiums at the balance sheet date. |
| 9. | ULTIMATE CONTROLLING PARTY |
| In the opinion of the directors the company is under the ultimate control of Mr S Love and Mrs O Love, the directors. |