Company Registration No. 03473979 (England and Wales)
BROOKLAND COMPUTER SERVICES LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014
BROOKLAND COMPUTER SERVICES LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
BROOKLAND COMPUTER SERVICES LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2014
31 March 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
42,481
20,181
Current assets
Stocks
5,000
21,177
Debtors
320,725
350,876
Cash at bank and in hand
797,939
472,427
1,123,664
844,480
Creditors: amounts falling due within one year
(386,446)
(181,615)
Net current assets
737,218
662,865
Total assets less current liabilities
779,699
683,046
Provisions for liabilities
(8,178)
(3,638)
771,521
679,408
Capital and reserves
Called up share capital
3
70,037
70,037
Profit and loss account
701,484
609,371
Shareholders' funds
771,521
679,408
For the financial year ended 31 March 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board and authorised for issue on 8 December 2014
Mr E P Fogarty
Director
Company Registration No. 03473979
BROOKLAND COMPUTER SERVICES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.
The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
25 % reducing balance
Fixtures, fittings & equipment
25% reducing balance
1.5
Leasing
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
1.6
Stock
Stocks and work in progress are valued at the lower of cost and net realisable value.
1.7
Pensions
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.
1.8
Deferred taxation
The accounting policy in respect of deferred tax has been changed to reflect the requirements of FRS19 - Deferred tax. Deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes.
BROOKLAND COMPUTER SERVICES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2014
- 3 -
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2013
52,175
Additions
36,520
Disposals
(600)
At 31 March 2014
88,095
Depreciation
At 1 April 2013
31,994
On disposals
(540)
Charge for the year
14,160
At 31 March 2014
45,614
Net book value
At 31 March 2014
42,481
At 31 March 2013
20,181
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid
70,037 Ordinary shares of £1 each
70,037
70,037
2014-03-312013-04-01falsetruetruetruetruetruetmp93.html2014-12-12034739792013-04-012014-03-31034739792014-03-31034739792013-03-31034739792013-03-3103473979uk-bus:Director12013-04-012014-03-3103473979uk-gaap:PlantMachinery2013-04-012014-03-3103473979uk-gaap:FixturesFittingsToolsEquipment2013-04-012014-03-3103473979uk-bus:OrdinaryShareClass12013-04-012014-03-3103473979uk-bus:OrdinaryShareClass12014-03-3103473979uk-bus:OrdinaryShareClass12013-03-31xbrli:purexbrli:sharesiso4217:GBP
