Bridome Limited - Limited company accounts 16.3

Bridome Limited - Limited company accounts 16.3

BRIDOME LIMITED - Company Information

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REGISTERED NUMBER: 02006438












BRIDOME LIMITED

Report of the Directors and

Unaudited Financial Statements

for the Year Ended 31 December 2016






BRIDOME LIMITED (REGISTERED NUMBER: 02006438)






Contents of the Financial Statements
for the Year Ended 31 December 2016




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


BRIDOME LIMITED

Company Information
for the Year Ended 31 December 2016







DIRECTORS: N A Geach
W Stoefs





SECRETARY: M J Ayres





REGISTERED OFFICE: The Courtyard
Wisley
Woking
Surrey
GU23 6QL





REGISTERED NUMBER: 02006438





ACCOUNTANTS: The Bailey Partnership
Chartered Accountants
Sterling House
27 Hatchlands Road
Redhill
Surrey
RH1 6RW
Page 1
BRIDOME LIMITED (REGISTERED NUMBER: 02006438)

Report of the Directors
for the Year Ended 31 December 2016

The directors present their report with the financial statements of the company for the year ended 31 December 2016.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 January 2016 to the date of
this report.

N A Geach
W Stoefs

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating
to small companies.

ON BEHALF OF THE BOARD:





N A Geach - Director


28 February 2017

Page 2
BRIDOME LIMITED (REGISTERED NUMBER: 02006438)

Income Statement
for the Year Ended 31 December 2016

2016 2015
Notes £    £   

TURNOVER 897,358 520,071

Cost of sales 727,028 430,880
GROSS PROFIT 170,330 89,191

Administrative expenses 138,773 83,574
OPERATING PROFIT and
PROFIT BEFORE TAXATION 31,557 5,617

Tax on profit 2,847 -
PROFIT FOR THE FINANCIAL YEAR 28,710 5,617

The notes form part of these financial statements

Page 3
BRIDOME LIMITED (REGISTERED NUMBER: 02006438)

Balance Sheet
31 December 2016

2016 2015
Notes £    £   
CURRENT ASSETS
Debtors 3 131,561 79,617
Cash at bank 69,698 2,563
201,259 82,180
CREDITORS
Amounts falling due within one year 4 150,913 55,544
NET CURRENT ASSETS 50,346 26,636
TOTAL ASSETS LESS CURRENT
LIABILITIES
50,346
26,636

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Retained earnings 45,346 21,636
SHAREHOLDERS' FUNDS 50,346 26,636

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 28 February 2017 and were signed on its
behalf by:





N A Geach - Director


The notes form part of these financial statements

Page 4
BRIDOME LIMITED (REGISTERED NUMBER: 02006438)

Notes to the Financial Statements
for the Year Ended 31 December 2016

1. STATUTORY INFORMATION

Bridome Limited is a private company, limited by shares , registered in Not specified/Other. The
company's registered number and registered office address can be found on the Company Information
page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in
equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been
enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that are
expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable
that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade debtors 104,031 77,683
Other debtors 27,530 1,934
131,561 79,617

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade creditors 35,109 27,139
Taxation and social security 79,860 22,366
Other creditors 35,944 6,039
150,913 55,544

Page 5