Brandenburg Gates Limited - Abbreviated accounts 16.3

BRANDENBURG GATES LIMITED

Abbreviated Unaudited Accounts

for the Year Ended 31 August 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTORS:

G E Dunbar

A E Gordon

SECRETARY:

G E Dunbar

REGISTERED OFFICE:

Units 10 & 11

Cross Green Lane

Leeds

West Yorkshire

LS9 8LJ

REGISTERED NUMBER:

06350271 (England and Wales)

ACCOUNTANTS:

Phil Dodgson & Partners Limited

Chartered Accountants

Pavilion Business Centre

Stanningley Road

Leeds

West Yorkshire

LS28 6NB

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

1,305

907

1,305

907

CURRENT ASSETS

Stocks

1,650

1,700

Debtors

40,135

21,118

Cash at bank and in hand

456

5,928

42,241

28,746

CREDITORS

Amounts falling due within one year

27,100

28,921

NET CURRENT ASSETS/(LIABILITIES)

15,141

(175

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

16,446

732

PROVISIONS FOR LIABILITIES

248

165

NET ASSETS

16,198

567

CAPITAL AND RESERVES

Called up share capital

4

200

Profit and loss account

15,998

367

SHAREHOLDERS' FUNDS

16,198

567

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

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

The financial statements were approved by the Board of Directors on 26 May 2017 and were signed on its behalf by:

G E Dunbar - Director

A E Gordon - Director

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 the invoice value of work done and goods sold, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 31 August 2016

10,000

AMORTISATION

At 1 September 2015

and 31 August 2016

10,000

NET BOOK VALUE

At 31 August 2016

-

At 31 August 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

3,365

Additions

833

At 31 August 2016

4,198

DEPRECIATION

At 1 September 2015

2,458

Charge for year

435

At 31 August 2016

2,893

NET BOOK VALUE

At 31 August 2016

1,305

At 31 August 2015

907

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

200

Ordinary

£1

200

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2016 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Phil Dodgson & Partners Limited

Chartered Accountants

Pavilion Business Centre

Stanningley Road

Leeds

West Yorkshire

LS28 6NB

26 May 2017