Brigcrest Ltd - Accounts to registrar (filleted) - small 18.1

Brigcrest Ltd - Accounts to registrar (filleted) - small 18.1

BRIGCREST LIMITED - Company Information

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REGISTERED NUMBER: 01398071 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2017

FOR

BRIGCREST LTD
BRIGCREST LTD (REGISTERED NUMBER: 01398071)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BRIGCREST LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2017







DIRECTOR: M Szoffer





REGISTERED OFFICE: 59 Leadale Road
Stamford Hill
London
N16 6DG





REGISTERED NUMBER: 01398071 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL
Page 1
BRIGCREST LTD (REGISTERED NUMBER: 01398071)

BALANCE SHEET
30 SEPTEMBER 2017

30.9.17 30.9.16
Notes £    £    £    £   
FIXED ASSETS
Investment property 3 160,000 160,000

CURRENT ASSETS
Debtors 4 265,781 36,182
Cash at bank - 207,808
265,781 243,990
CREDITORS
Amounts falling due within one year 5 62,843 58,208
NET CURRENT ASSETS 202,938 185,782
TOTAL ASSETS LESS CURRENT
LIABILITIES
362,938
345,782

CAPITAL AND RESERVES
Called up share capital 6 100 100
Revaluation reserve 7 122,397 122,397
Retained earnings 7 240,441 223,285
SHAREHOLDERS' FUNDS 362,938 345,782

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 19 June 2018 and were signed by:





M Szoffer - Director


The notes form part of these financial statements

Page 2
BRIGCREST LTD (REGISTERED NUMBER: 01398071)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2017

1. STATUTORY INFORMATION

Brigcrest Ltd 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.

Transition to financial reporting standards 102
The company has adopted FRS 102 Section 1A for the first time in the preparation of these accounts.
Accordingly the date of transition to FRS 102 was 1 October 2015 (beginning of the accounting period of
comparative financial year).

There are no material differences in determining the company's profit and loss under FRS 102 Section 1A and
the previous framework the company adopted (the Financial Reporting Standard for Smaller Entities (effective
January 2015)).

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

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.

Page 3 continued...
BRIGCREST LTD (REGISTERED NUMBER: 01398071)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2017

3. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2016
and 30 September 2017 160,000
NET BOOK VALUE
At 30 September 2017 160,000
At 30 September 2016 160,000

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.17 30.9.16
£    £   
Trade debtors 21,984 27,189
Other debtors 243,797 8,993
265,781 36,182

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.17 30.9.16
£    £   
Taxation and social security 4,155 9,333
Other creditors 58,688 48,875
62,843 58,208

6. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 30.9.17 30.9.16
value: £    £   
100 Ordinary 1 100 100

7. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 October 2016 223,285 122,397 345,682
Profit for the year 17,156 17,156
At 30 September 2017 240,441 122,397 362,838

Page 4