Brid's Limited - Limited company - abbreviated - 11.6
Brid's Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| BRID'S LIMITED |
| ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| BRID'S LIMITED (REGISTERED NUMBER: 04112041) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| For The Year Ended 31 March 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 | to | 3 |
| Notes to the Abbreviated Accounts | 4 | to | 5 |
| BRID'S LIMITED |
| COMPANY INFORMATION |
| For The Year Ended 31 March 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| BANKERS: |
| BRID'S LIMITED (REGISTERED NUMBER: 04112041) |
| ABBREVIATED BALANCE SHEET |
| 31 March 2014 |
| 2014 | 2013 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| BRID'S LIMITED (REGISTERED NUMBER: 04112041) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 March 2014 |
| The financial statements were approved by the Board of Directors on its behalf by: |
| BRID'S LIMITED (REGISTERED NUMBER: 04112041) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| For The Year Ended 31 March 2014 |
| 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 April 2008). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Motor vehicles | - |
| Deferred tax |
| 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. |
| Deferred tax is not recognised when assets are revalued unless, by the balance sheet date, the |
| company has entered into a binding agreement to sell the assets and recognised the gains and losses |
| expected to arise on sale. Deferred tax is also not recognised where assets have been sold and it is |
| expected that the taxable gain will be rolled over into a replacement asset. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. |
| Those held under hire purchase contracts are depreciated over their estimated useful lives. Those |
| held under finance leases are depreciated over their estimated useful lives or the lease term, |
| whichever is the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the relevant |
| period. The capital element of the future payments is treated as a liability. |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis |
| over the period of the lease. |
| Assets held under finance leases and hire purchase contracts, which are those where substantially all |
| the risks and rewards of ownership of the asset have passed to the company, are capitalised in the |
| balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase |
| obligation is treated in the balance sheet as a liability. |
| The interest element of the rental obligations is charged to the profit and loss account over the period |
| of the lease and represents a constant proportion of the balance of capital repayments outstanding. |
| Rentals paid under operating leases are charged to income on as incurred over the lease term. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the |
| company's pension scheme are charged to the profit and loss account in the period to which they |
| relate. |
| BRID'S LIMITED (REGISTERED NUMBER: 04112041) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| For The Year Ended 31 March 2014 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2013 |
| Additions |
| At 31 March 2014 |
| DEPRECIATION |
| At 1 April 2013 |
| Charge for year |
| At 31 March 2014 |
| NET BOOK VALUE |
| At 31 March 2014 |
| At 31 March 2013 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | £1 |
| Ordinary ' A&B Shares | £1 |
| Ordinary 'A& B' Shares | £1 |
| Ordinary 'C' Shares | £1 |
| Ordinary 'D' Shares | £1 |
| 140 | 140 |