Brinklake Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 06783001 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2016

for

Brinklake Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C Challinger

R P Melville

REGISTERED OFFICE:

Gable End

Sparrow Hall Business Park

Leighton Road

Edlesborough

Bedfordshire

LU6 2ES

REGISTERED NUMBER:

06783001 (England and Wales)

ACCOUNTANT:

Roberts Accountancy & Tax Limited

Gable End

Sparrow Hall Business Park

Leighton Road

Edlesborough

Bedfordshire

LU6 2ES

FIXED ASSETS

Tangible assets

4

331

859

CURRENT ASSETS

Stocks

27,450

10,892

Debtors

5

60,312

21,512

Cash in hand

44

60

87,806

32,464

CREDITORS

Amounts falling due within one year

6

284,315

164,814

NET CURRENT LIABILITIES

(196,509

)

(132,350

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(196,178

)

(131,491

)

CREDITORS

Amounts falling due after more than one year

7

144,588

251,713

NET LIABILITIES

(340,766

)

(383,204

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(340,866

)

(383,304

)

SHAREHOLDERS' FUNDS

(340,766

)

(383,204

)

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

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 31 October 2017 and were signed on its behalf by:

C Challinger - Director

1.	STATUTORY INFORMATION

Brinklake Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Stocks

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

slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws

that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal

of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2016

and 31 December 2016

3,215

DEPRECIATION

At 1 January 2016

2,356

Charge for year

528

At 31 December 2016

2,884

NET BOOK VALUE

At 31 December 2016

331

At 31 December 2015

859

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade debtors

26,323

21,349

Other debtors

33,989

163

60,312

21,512

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Bank loans and overdrafts

26,036

21,863

Trade creditors

245,562

125,241

Amounts owed to group undertakings

10,000

10,000

Taxation and social security

-

5,200

Other creditors

2,717

2,510

284,315

164,814

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2016

2015

£

£

Bank loans

-

1,336

Amounts owed to group undertakings

144,588

250,377

144,588

251,713

8.	RELATED PARTY DISCLOSURES

9.	ULTIMATE CONTROLLING PARTY