BRETHERTON_LAW_LIMITED - Accounts

BRETHERTON LAW LTD - Company Information

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Company Registration No. 07795500 (England and Wales)

BRETHERTON LAW LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2016

BRETHERTON LAW LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

BRETHERTON LAW LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 JUNE 2016

- 1 -

2016

2015

Notes

Fixed assets

Intangible assets

493,500

509,250

Tangible assets

77,685

84,880

571,185

594,130

Current assets

Debtors

424,854

454,174

Cash at bank and in hand

575

10,016

425,429

464,190

Creditors: amounts falling due within one year

(910,350)

(964,494)

Net current liabilities

(484,921)

(500,304)

Total assets less current liabilities

86,264

93,826

Creditors: amounts falling due after more than one year

(42,711)

(58,440)

Provisions for liabilities

(12,354)

(13,281)

31,199

22,105

Capital and reserves

Called up share capital

1,000

Profit and loss account

30,199

21,105

Shareholders' funds

31,199

22,105

BRETHERTON LAW LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

30 JUNE 2016

- 2 -

For the financial year ended 30 June 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 27 March 2017

Mrs S M Bradley

Director

Company Registration No. 07795500

BRETHERTON LAW LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Goodwill

Acquired goodwill is written off in annual instalments over its estimated useful economic life, which is reviewed annually with all available information.

1.5

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

3 years to 10 years

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 1 July 2015

525,000

89,614

614,614

Additions

2,590

At 30 June 2016

525,000

92,204

617,204

Depreciation

At 1 July 2015

15,750

4,734

20,484

Charge for the year

15,750

9,785

25,535

At 30 June 2016

31,500

14,519

46,019

Net book value

At 30 June 2016

493,500

77,685

571,185

At 30 June 2015

509,250

84,880

594,130

BRETHERTON LAW LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2016

- 4 -

Creditors: amounts falling due within one year

The aggregate amount of creditors for which security has been given amounted to £242,659 (2015 - £201,935).

Creditors: amounts falling due after more than one year

The aggregate amount of creditors for which security has been given amounted to £42,711 (2015 - £58,440).

Share capital

2016

2015

Allotted, called up and fully paid

1,000 Ordinary of £1 each

1,000

Ultimate parent company

The company is under the ultimate control of Mrs S Bradley by virtue of her controlling shareholding in the company.