Company Registration No. SC249688 (Scotland)
Bremner Design Ltd
Unaudited accounts
for the year ended 31 May 2017
Bremner Design Ltd
Unaudited accounts
Contents
Bremner Design Ltd
Company Information
for the year ended 31 May 2017
Company Number
SC249688 (Scotland)
Registered Office
THE DRILL HALL (STUDIO F41)
36 DALMENY STREET
EDINBURGH
LOTHIAN
EH6 8RG
Bremner Design Ltd
Statement of financial position
as at 31 May 2017
Tangible assets
5,181
5,450
Cash at bank and in hand
9,661
6,418
Creditors: amounts falling due within one year
(5,384)
(5,551)
Net current assets
6,725
5,254
Called up share capital
1
1
Profit and loss account
11,905
10,703
Shareholders' funds
11,906
10,704
For the year ending 31 May 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 18 October 2017.
Tim Bremner
Director
Company Registration No. SC249688
Bremner Design Ltd
Notes to the Accounts
for the year ended 31 May 2017
Bremner Design Ltd is a private company, limited by shares, registered in Scotland, registration number SC249688. The registered office is THE DRILL HALL (STUDIO F41), 36 DALMENY STREET, EDINBURGH, LOTHIAN, EH6 8RG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 May 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Depreciation is calculated so as to write off the cost of an asset, net of anticipated disposal proceeds, over the useful economic life of that asset as follows:
Plant & Machinery - 25% - 33% per annum
Fixtures & Fittings - 20% per annum
Motor Vehicles - 25% per annum
Tenants Improvements - 25% per annum
Bremner Design Ltd
Notes to the Accounts
for the year ended 31 May 2017
4
Tangible fixed assets
Total
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
6
Average number of employees
During the year the average number of employees was 1 (2016: 1).
