Abbreviated Company Accounts - BRIMSTAR LIMITED

04261542 BRIMSTAR LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 04261542 2015-01-01 2015-12-31 04261542 2015-12-31 04261542 2014-12-31 04261542 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 04261542 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 04261542

BRIMSTAR LIMITED

Abbreviated Accounts

31 December 2015

BRIMSTAR LIMITED Registered Number 04261542

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	42,600	40,400
		42,600	40,400
Current assets
Debtors		525,241	470,221
Cash at bank and in hand		1,325	59,192
		526,566	529,413
Creditors: amounts falling due within one year		(356,745)	(347,948)
Net current assets (liabilities)		169,821	181,465
Total assets less current liabilities		212,421	221,865
Total net assets (liabilities)		212,421	221,865
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		212,419	221,863
Shareholders' funds		212,421	221,865

For the year ending 31 December 2015 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 28 March 2017

And signed on their behalf by:
BARRY FELDMAN, Director

BRIMSTAR LIMITED Registered Number 04261542

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
The turnover represents rents and charges receivable.

Tangible assets depreciation policy
No depreciation is provided in respect of the company's freehold properties.

Other accounting policies
Investment properties

The company's freehold properties are included in the Balance Sheet at historical cost. This is not in accordance with the requirements of Statement of Standard Accounting Practice No. 19 which requires such properties to be stated at their open market value.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

2Tangible fixed assets

	£
Cost
At 1 January 2015	40,400
Additions	2,200
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	42,600
Depreciation
At 1 January 2015	-
Charge for the year	-
On disposals	-
At 31 December 2015	-
Net book values
At 31 December 2015	42,600
At 31 December 2014	40,400

All fixed assets are initially recorded at cost.

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2