Bracci Installations Limited - Limited company - abbreviated - 11.0.0

Bracci Installations Limited - Limited company - abbreviated - 11.0.0


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REGISTERED NUMBER: 04598890 (England and Wales)


















Abbreviated Accounts

for the Year Ended 31 March 2014

for

Bracci Installations Limited

Bracci Installations Limited (Registered number: 04598890)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Bracci Installations Limited

Company Information
for the Year Ended 31 March 2014







DIRECTORS: P V Bracci
Mrs G Bracci





SECRETARY: Mrs G Bracci





REGISTERED OFFICE: Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ





REGISTERED NUMBER: 04598890 (England and Wales)





ACCOUNTANTS: The Mudd Partnership
Chartered Accountants
Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ

Bracci Installations Limited (Registered number: 04598890)

Abbreviated Balance Sheet
31 March 2014

31.3.14 31.3.13
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 26,924 6,903

CURRENT ASSETS
Debtors 22,854 42,642
Cash at bank 6,774 2,542
29,628 45,184
CREDITORS
Amounts falling due within one year 49,147 31,676
NET CURRENT (LIABILITIES)/ASSETS (19,519 ) 13,508
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,405

20,411

PROVISIONS FOR LIABILITIES 5,067 993
NET ASSETS 2,338 19,418

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 2,238 19,318
SHAREHOLDERS' FUNDS 2,338 19,418

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 9 December 2014 and were signed on its behalf
by:




P V Bracci - Director


Bracci Installations Limited (Registered number: 04598890)

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 the value of sales to customers, net of discounts, allowances, volume and promotional
rebates and other payments to customers and excludes VAT. Sale of goods are recognised when the company
has delivered product to the customer, the customer has accepted the products and collectability of the related
receivable is reasonably assured.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods
different from those which they are included in the company's accounts. Deferred tax is provided in full on
timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates
that are expected to apply when the timing differences reverse, based on current tax rates and laws.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2013 29,915
Additions 29,000
At 31 March 2014 58,915
DEPRECIATION
At 1 April 2013 23,012
Charge for year 8,979
At 31 March 2014 31,991
NET BOOK VALUE
At 31 March 2014 26,924
At 31 March 2013 6,903

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.14 31.3.13
value: £    £   
100 Ordinary Shares £1 100 100