T. Brine Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05096596 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2014

for

T. Brine Limited

Trading as

Asher's Cafe

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTOR:

T Brine

SECRETARY:

Mrs S Brine

REGISTERED OFFICE:

13 Silver Birch Grove

Trowbridge

Wiltshire

BA14 0JQ

REGISTERED NUMBER:

05096596 (England and Wales)

ACCOUNTANTS:

Raymarsh Ford Limited

Chartered Accountants

Ground Floor

41 High Street

Kingswood

Gloucestershire

BS15 4AA

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to six)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of T. Brine Limited for the year ended 30 April 2014 which comprise the Profit and Loss Account,

the Balance Sheet and the related notes from the company's accounting records and from information and explanations

you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject

to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of T. Brine Limited in accordance with our terms of engagement. Our work has

been undertaken solely to prepare for your approval the financial statements of T. Brine Limited and state those matters

that we have agreed to state to the director of T. Brine Limited in this report in accordance with AAF 2/10 as detailed at

icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone

other than the company and its director for our work or for this report.

It is your duty to ensure that T. Brine Limited has kept adequate accounting records and to prepare statutory financial

statements that give a true and fair view of the assets, liabilities, financial position and loss of T. Brine Limited. You

consider that T. Brine Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of T. Brine Limited. For this

reason, we have not verified the accuracy or completeness of the accounting records or information and explanations

you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

EMPHASIS OF MATTER

The business associated with Ashers Café ceased on the 30 April 2014 leaving significant liabilities in excess of assets.

As bank loans we subject to personal guarantees these have been transferred to the director's personal loan account

with the company. In addition, goodwill acquired on the acquisition of the business is now considered to be of now

value and, as a result, the balance has been written off.

Raymarsh Ford Limited

Chartered Accountants

Ground Floor

41 High Street

Kingswood

Gloucestershire

BS15 4AA

26 January 2015

FIXED ASSETS

Intangible assets

2

-

64,458

Tangible assets

3

2,807

3,743

2,807

68,201

CURRENT ASSETS

Cash at bank and in hand

18

1,415

CREDITORS

Amounts falling due within one year

60,598

44,459

NET CURRENT LIABILITIES

(60,580

)

(43,044

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(57,773

)

25,157

CREDITORS

Amounts falling due after more than one year

4

-

55,755

NET LIABILITIES

(57,773

)

(30,598

)

CAPITAL AND RESERVES

Called up share capital

5

1

1

Profit and loss account

(57,774

)

(30,599

)

SHAREHOLDERS' FUNDS

(57,773

)

(30,598

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 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 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 director on 26 January 2015 and were signed by:

T Brine - Director

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 net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

and 30 April 2014

85,000

AMORTISATION

At 1 May 2013

20,542

Amortisation for year

64,458

At 30 April 2014

85,000

NET BOOK VALUE

At 30 April 2014

-

At 30 April 2013

64,458

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

and 30 April 2014

7,429

DEPRECIATION

At 1 May 2013

3,686

Charge for year

936

At 30 April 2014

4,622

NET BOOK VALUE

At 30 April 2014

2,807

At 30 April 2013

3,743

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

30/4/14

30/4/13

£

£

Repayable by instalments

-

23,355

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/4/14

30/4/13

value:

£

£

1

Ordinary shares

£1

1

1