Steve Brettle Fabrications Ltd. - Abbreviated accounts 16.1

REGISTERED NUMBER: 03751161 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

Steve Brettle Fabrications Ltd.

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

S Brettle

SECRETARY:

Mrs M Brettle

REGISTERED OFFICE:

Unit 9

Mickleton Road

Riverside Park

Middlesbrough

Cleveland

TS2 1RQ

REGISTERED NUMBER:

03751161 (England and Wales)

ACCOUNTANTS:

Inspire Chartered Accountants

6 Queens Court

Third Avenue

Team Valley

Gateshead

Tyne and Wear

NE11 0BU

FIXED ASSETS

Tangible assets

2

84,383

61,054

CURRENT ASSETS

Stocks

4,000

Debtors

321,466

221,754

Cash at bank

36,101

179,038

361,567

404,792

CREDITORS

Amounts falling due within one year

231,200

227,030

NET CURRENT ASSETS

130,367

177,762

TOTAL ASSETS LESS CURRENT
LIABILITIES

214,750

238,816

PROVISIONS FOR LIABILITIES

16,875

11,554

NET ASSETS

197,875

227,262

CAPITAL AND RESERVES

Called up share capital

3

204

200

Profit and loss account

197,671

227,062

SHAREHOLDERS' FUNDS

197,875

227,262

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 director acknowledges his 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 director on 22 July 2016 and were signed by:

S Brettle - 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 goods, excluding value added tax.

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

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

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

Total

£

COST

At 1 April 2015

151,714

Additions

44,416

Disposals

(29,134

)

At 31 March 2016

166,996

DEPRECIATION

At 1 April 2015

90,660

Charge for year

15,178

Eliminated on disposal

(23,225

)

At 31 March 2016

82,613

NET BOOK VALUE

At 31 March 2016

84,383

At 31 March 2015

61,054

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

200

Ordinary

£1

200

4

A Ordinary

£1

4

-

204

200

4 A Ordinary shares of £1 each were allotted and fully paid for cash at par during the year.