| Brookside Leisure Ltd |
|
| Report to the directors on the preparation of the unaudited abbreviated accounts of Brookside Leisure Ltd for the year ended 31 October 2016 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Brookside Leisure Ltd for the year ended 31 October 2016 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/ |
| Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. |
|
| Dawn Benson Accountancy Ltd |
| Chartered Certified Accountants |
| Richmond House |
| 38 High Street |
| Hurstpierpoint |
| West Sussex |
| BN6 9RG |
|
| 5 April 2017 |
|
| Brookside Leisure Ltd |
| Registered number: |
03644276 |
| Abbreviated Balance Sheet |
| as at 31 October 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
82,144 |
|
|
87,369 |
|
| Current assets |
| Stocks |
|
|
47,461 |
|
|
27,530 |
| Debtors |
|
|
(8,814) |
|
|
(49,122) |
| Cash at bank and in hand |
|
|
219,453 |
|
|
210,213 |
|
|
|
258,100 |
|
|
188,621 |
|
| Creditors: amounts falling due within one year |
|
|
(150,092) |
|
|
(211,600) |
|
| Net current assets/(liabilities) |
|
|
|
108,008 |
|
|
(22,979) |
|
| Net assets |
|
|
|
190,152 |
|
|
64,390 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
190,150 |
|
|
64,388 |
|
| Shareholders' funds |
|
|
|
190,152 |
|
|
64,390 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| K A Dighton |
| Director |
| Approved by the board on 5 April 2017 |
|
| Brookside Leisure Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 31 October 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
15% and 25% reducing balance |
|
Motor vehicles |
25% reducing balance |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
Deferred taxation |
|
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 November 2015 |
143,335 |
|
Additions |
10,900 |
|
At 31 October 2016 |
154,235 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 November 2015 |
55,966 |
|
Charge for the year |
16,125 |
|
At 31 October 2016 |
72,091 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2016 |
82,144 |
|
At 31 October 2015 |
87,369 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
2 |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|
