Brandon Investment Capital Limited - Abbreviated accounts 16.3
Brandon Investment Capital Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2016 |
| FOR |
| BRANDON INVESTMENT CAPITAL LIMITED |
| BRANDON INVESTMENT CAPITAL LIMITED (REGISTERED NUMBER: 07349746) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 AUGUST 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Certified Accountants' Report | 7 |
| BRANDON INVESTMENT CAPITAL LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 AUGUST 2016 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| BRANDON INVESTMENT CAPITAL LIMITED (REGISTERED NUMBER: 07349746) |
| ABBREVIATED BALANCE SHEET |
| 31 AUGUST 2016 |
| 31.8.16 | 31.8.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges his 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 were approved by the director on |
| BRANDON INVESTMENT CAPITAL LIMITED (REGISTERED NUMBER: 07349746) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 AUGUST 2016 |
| 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 net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Land and buildings | - |
| Plant and machinery etc | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 September 2015 |
| and 31 August 2016 |
| DEPRECIATION |
| At 1 September 2015 |
| Charge for year |
| At 31 August 2016 |
| NET BOOK VALUE |
| At 31 August 2016 |
| At 31 August 2015 |
| BRANDON INVESTMENT CAPITAL LIMITED (REGISTERED NUMBER: 07349746) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 AUGUST 2016 |
| 3. | FIXED ASSET INVESTMENTS |
| FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 September 2015 192,944 |
| Additions 139,110 |
| Disposals (97) |
| At 31 August 2016 331,957 |
| NET BOOK VALUE |
| At 31 August 2016 331,957 |
| At 31 August 2015 192,944 |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Subsidiaries |
| Langar Investments Limited |
| Nature of business: Property development |
| % |
| Class of shares: holding |
| Ordinary 100 |
| 31.3.16 31.3.15 |
| £ £ |
| Aggregate capital and reserves (228,638) 201,631 |
| Profit for the year/period (346,269) 229,515 |
| Associated companies |
| Regent Street Developments Limited |
| Nature of business: Property development and land trading |
| % |
| Class of shares: holding |
| Ordinary 33.33 |
| 31.3.16 31.3.15 |
| £ £ |
| Aggregate capital and reserves 9,797 29,271 |
| (Loss)/profit for the year 8,426 (18,895) |
| Inside Land (Midlands) Limited |
| Nature of business: Land and property and associated consultancy |
| % |
| Class of shares: holding |
| Ordinary 25 |
| 30.9.16 30.9.15 |
| £ £ |
| Aggregate capital and reserves (106,585) (85,115) |
| Profit for the year (21,470) 16,516 |
| BRANDON INVESTMENT CAPITAL LIMITED (REGISTERED NUMBER: 07349746) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 AUGUST 2016 |
| Swan Homes (Nottingham) Limited |
| Nature of business: Property development |
| % |
| Class of shares: holding |
| Ordinary 33.33 |
| 31.3.16 31.3.15 |
| £ £ |
| Aggregate capital and reserves 27,884 (135,653) |
| (Loss)/profit for the year/period 163,537 (71,101) |
| BTL Estates Limited |
| Nature of business: Property development |
| % |
| Class of shares: holding |
| Ordinary 50 |
| 30.11.15 30.11.14 |
| £ £ |
| Aggregate capital and reserves (987) 914 |
| (Loss)/profit for the year (1,901) (2,012) |
| BTL Estates Limited was dissolved on the 24 January 2017. |
| Inside Land (London) Limited |
| Nature of business: Property development |
| % |
| Class of shares: holding |
| Ordinary 50 |
| 31.10.15 31.10.14 |
| £ £ |
| Aggregate capital and reserves 382 (12,554) |
| (Loss)/profit for the year 12,936 (13,554) |
| Acreage Strategic Land Limited |
| Nature of business: Management of real estate |
| % |
| Class of shares: holding |
| Ordinary 20 |
| 30.4.16 30.4.15 |
| £ £ |
| Aggregate capital and reserves (5,439) (4,068) |
| (Loss) for the year (1,371) (1,895) |
| Equus Estates Limited |
| Nature of business: Property development and consultancy |
| % |
| Class of shares: holding |
| Ordinary 30 |
| 31.7.16 31.7.15 |
| £ £ |
| Aggregate capital and reserves 169,386 (5,811) |
| (Loss) for the year 199,047 (5,861) |
| BRANDON INVESTMENT CAPITAL LIMITED (REGISTERED NUMBER: 07349746) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 AUGUST 2016 |
| Swan Strategic Land Limited |
| Nature of business: Property development |
| % |
| Class of shares: holding |
| Ordinary 33 |
| 31.8.16 31.8.15 |
| £ £ |
| Aggregate capital and reserves (3,101) (773) |
| (Loss) for the year (2,328) (1,073) |
| Godwin (Squires Avenue) Limited |
| Nature of business: Property development |
| % |
| Class of shares: holding |
| Ordinary 25 |
| 30.11.14 |
| £ |
| Aggregate capital and reserves 100 |
| Profit for the period - |
| Godwin (Squires Avenue) Ltd was dissolved on the 20 December 2016 and the only accounts filed were up to |
| the 30 November 14. |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.8.16 | 31.8.15 |
| value: | £ | £ |
| Ordinary | £1 |
| 5. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 August 2016 and |
| 31 August 2015: |
| 31.8.16 | 31.8.15 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year |
| 6. | GOING CONCERN |
| The financial statements have been prepared on a going concern basis, the validity of which depends on the |
| continued support of the company's shareholders and major creditors. |
| CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| BRANDON INVESTMENT CAPITAL LIMITED |
| The following reproduces the text of the report prepared for the director in respect of the company's annual |
| unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to six) have |
| been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of Brandon Investment Capital Limited for the year ended 31 August 2016 which comprise the |
| Profit and Loss Account, 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://www.accaglobal.com/rulebook. |
| This report is made solely to the director of Brandon Investment Capital Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Brandon Investment Capital Limited and state those matters that we have agreed to state to the director of Brandon Investment Capital Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report. |
| It is your duty to ensure that Brandon Investment Capital Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Brandon Investment Capital Limited. You consider that Brandon Investment Capital Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Brandon Investment Capital Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| 16 May 2017 |