Bramley Homes Ltd - Abbreviated accounts 16.3
Bramley Homes Ltd - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 March 2016 |
| for |
| Bramley Homes Ltd |
| Bramley Homes Ltd (Registered number: 02296025) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 March 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Bramley Homes Ltd |
| Company Information |
| for the Year Ended 31 March 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Bramley Homes Ltd (Registered number: 02296025) |
| Abbreviated Balance Sheet |
| 31 March 2016 |
| 31.3.16 | 31.3.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| CREDITORS |
| Amounts falling due within one year | 3 |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| CREDITORS |
| Amounts falling due after more than one year |
3 |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account | ( |
) | ( |
) |
| 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. |
| Bramley Homes Ltd (Registered number: 02296025) |
| Abbreviated Balance Sheet - continued |
| 31 March 2016 |
| The financial statements were approved by the Board of Directors on by: |
| Bramley Homes Ltd (Registered number: 02296025) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 March 2016 |
| 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 |
| Plant and machinery etc | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| 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. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2015 |
| and 31 March 2016 |
| DEPRECIATION |
| At 1 April 2015 |
| Charge for year |
| At 31 March 2016 |
| NET BOOK VALUE |
| At 31 March 2016 |
| At 31 March 2015 |
| 3. | CREDITORS |
| Creditors include an amount of £ |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.3.16 | 31.3.15 |
| value: | £ | £ |
| Ordinary | £1 |
| Bramley Homes Ltd (Registered number: 02296025) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 March 2016 |
| 5. | RELATED PARTY DISCLOSURES |
| Mr & Mrs T.J Bramley |
| Directors of Bramley Homes Limited |
| During the year the company sold £3,299 of building services to the directors. |
| 31.3.16 | 31.3.15 |
| £ | £ |
| Amount due from related party at the balance sheet date |
| Claydon Homes |
| Mrs M J Bramley is a partner |
| During the year the company sold £10,821 of building services to Claydon Homes. |
| 31.3.16 | 31.3.15 |
| £ | £ |
| Amount due from related party at the balance sheet date |
| Cherrington Court Management Company Limited |
| A company of which Mr T J Bramley is a director |
| During the year the year the company sold £324 of building services to Cherrington Court Management |
| Company Limited. |
| 31.3.16 | 31.3.15 |
| £ | £ |
| Amount due from related party at the balance sheet date |
| Limited Guarantee |
| A J Bramley director is guarantor |
| There is a limited guarantee of £20,000 given by Andrew Bramley as security to cover the Barclays Bank |
| overdraft facility |
| TJ & MJ Bramley |
| Directors of Bramley Homes Limited |
| During the year the company sold £82 of building services to TJ & MJ Bramley |
| 31.3.16 | 31.3.15 |
| £ | £ |
| Amount due from related party at the balance sheet date |
| Bramley Homes Ltd (Registered number: 02296025) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 March 2016 |
| 5. | RELATED PARTY DISCLOSURES - continued |
| During the year Mrs M J Bramley introduced into the business £948,009. |
| 31.3.16 | 31.3.15 |
| £ | £ |
| Amount due to related party at the balance sheet date |
| During the year Mr A J Bramley introduced into the business £434,885 during the year. The company also sold |
| £14,968 of building services to Mr A. J Bramley. |
| 31.3.16 | 31.3.15 |
| £ | £ |
| Amount due to related party at the balance sheet date |
| During the year Mr T J Bramley introduced into the business £190,835. |
| 31.3.16 | 31.3.15 |
| £ | £ |
| Amount due to related party at the balance sheet date |
| 6. | GOING CONCERN |
| A the year end the company is supported by the directors. The company is in the process of obtaining additional |
| bank funding. |