Abbreviated Company Accounts - BRAYWHITE & CO LIMITED

Abbreviated Company Accounts - BRAYWHITE & CO LIMITED

BRAYWHITE & CO LIMITED - Company Information

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Registered Number 01080090

BRAYWHITE & CO LIMITED

Abbreviated Accounts

31 March 2016

BRAYWHITE & CO LIMITED Registered Number 01080090

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 1,307,302 583,800
1,307,302 583,800
Current assets
Stocks 5,320 18,563
Debtors 855,206 340,144
Investments 2,000 2,000
Cash at bank and in hand 246,527 243,647
1,109,053 604,354
Creditors: amounts falling due within one year (1,004,885) (519,628)
Net current assets (liabilities) 104,168 84,726
Total assets less current liabilities 1,411,470 668,526
Creditors: amounts falling due after more than one year (523,206) (141,612)
Total net assets (liabilities) 888,264 526,914
Capital and reserves
Called up share capital 2,699 2,699
Revaluation reserve 305,479 305,479
Other reserves 2,265 2,265
Profit and loss account 577,821 216,471
Shareholders' funds 888,264 526,914
  • For the year ending 31 March 2016 the company was entitled to exemption 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 directors acknowledge their 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.

Approved by the Board on 3 June 2016

And signed on their behalf by:
F Lone, Director

BRAYWHITE & CO LIMITED Registered Number 01080090

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets
£
Cost
At 1 April 2015 795,362
Additions 805,037
Disposals (15,500)
Revaluations -
Transfers -
At 31 March 2016 1,584,899
Depreciation
At 1 April 2015 211,562
Charge for the year 72,826
On disposals (6,791)
At 31 March 2016 277,597
Net book values
At 31 March 2016 1,307,302
At 31 March 2015 583,800