Brantingham Inns Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08567973 (England and Wales)

Brantingham Inns Limited

Abbreviated Unaudited Accounts for the Year Ended 30th June 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R F Carroll

M J Ashton

S J Carroll

REGISTERED OFFICE:

The Coach House

Brantingham Thorpe Court

Brantingham

East Yorkshire

HU15 1QG

REGISTERED NUMBER:

08567973 (England and Wales)

ACCOUNTANTS:

Smailes Goldie

Chartered Accountants

Regent's Court

Princess Street

Hull

East Yorkshire

HU2 8BA

FIXED ASSETS

Intangible assets

2

75,000

Tangible assets

3

56,103

72,116

131,103

147,116

CURRENT ASSETS

Stocks

19,357

16,023

Debtors

7,212

5,921

Cash at bank and in hand

13,487

8,707

40,056

30,651

CREDITORS

Amounts falling due within one year

273,736

243,702

NET CURRENT LIABILITIES

(233,680

)

(213,051

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(102,577

)

(65,935

)

CREDITORS

Amounts falling due after more than one
year

274,891

264,391

NET LIABILITIES

(377,468

)

(330,326

)

CAPITAL AND RESERVES

Called up share capital

4

3,000

Profit and loss account

(380,468

)

(333,326

)

SHAREHOLDERS' FUNDS

(377,468

)

(330,326

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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 16th June 2017 and were signed on its
behalf by:

R F Carroll - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared on a going concern basis, despite the net liability position, due to

the support provided by the directors of the company.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of eight 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 etc

-

Plant and Machinery - 25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

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 1st July 2015

and 30th June 2016

100,000

AMORTISATION

At 1st July 2015

and 30th June 2016

25,000

NET BOOK VALUE

At 30th June 2016

75,000

At 30th June 2015

75,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st July 2015

108,717

Additions

2,664

At 30th June 2016

111,381

DEPRECIATION

At 1st July 2015

36,601

Charge for year

18,677

At 30th June 2016

55,278

NET BOOK VALUE

At 30th June 2016

56,103

At 30th June 2015

72,116

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

3,000

Ordinary

£1

3,000