Abbreviated Company Accounts - BROOKSIDE ESTATES LTD

BROOKSIDE ESTATES LTD - Company Information

Registered Number 04269255

BROOKSIDE ESTATES LTD

Abbreviated Accounts

31 March 2014

BROOKSIDE ESTATES LTD Registered Number 04269255

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	846,926	847,534
		846,926	847,534
Current assets
Debtors		8,790	8,686
Cash at bank and in hand		14,207	35,508
		22,997	44,194
Creditors: amounts falling due within one year		(61,672)	(112,775)
Net current assets (liabilities)		(38,675)	(68,581)
Total assets less current liabilities		808,251	778,953
Creditors: amounts falling due after more than one year		(89,165)	(89,165)
Total net assets (liabilities)		719,086	689,788
Capital and reserves
Called up share capital		99	99
Revaluation reserve		399,760	399,760
Profit and loss account		319,227	289,929
Shareholders' funds		719,086	689,788

For the year ending 31 March 2014 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 December 2014

And signed on their behalf by:
A Khaliq, Director

BROOKSIDE ESTATES LTD Registered Number 04269255

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 15% reducing line

Other accounting policies
Deferred taxation
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.

2Tangible fixed assets

	£
Cost
At 1 April 2013	892,642
Additions	1,490
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	894,132
Depreciation
At 1 April 2013	45,108
Charge for the year	2,098
On disposals	-
At 31 March 2014	47,206
Net book values
At 31 March 2014	846,926
At 31 March 2013	847,534

Investment Property 2014 2013
£ £
Historical cost 283,582 283,582
Cumulative depreciation based on historical cost - -