Abbreviated Company Accounts - D K BROWN ASSOCIATES LTD

D K BROWN ASSOCIATES LTD - Company Information

Registered Number 05456909

D K BROWN ASSOCIATES LTD

Abbreviated Accounts

30 June 2014

D K BROWN ASSOCIATES LTD Registered Number 05456909

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	40,700	44,400
Tangible assets	3	1,253	890
		41,953	45,290
Current assets
Debtors		6,060	10,095
Cash at bank and in hand		18,501	17,200
		24,561	27,295
Creditors: amounts falling due within one year		(18,949)	(21,471)
Net current assets (liabilities)		5,612	5,824
Total assets less current liabilities		47,565	51,114
Total net assets (liabilities)		47,565	51,114
Capital and reserves
Called up share capital		200	200
Profit and loss account		47,365	50,914
Shareholders' funds		47,565	51,114

For the year ending 30 June 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 6 August 2014

And signed on their behalf by:
D K BROWN, Director

D K BROWN ASSOCIATES LTD Registered Number 05456909

Notes to the Abbreviated Accounts for the period ended 30 June 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 is recognised at the fair value of the consideration received or receivable for the sale of goods and services in the ordinary nature of the business. The turnover shown represents the value of goods and services provided to customers net of value added tax.

Tangible assets depreciation policy
Tangible 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 it's expected useful life, as follows:
Plant and machinery 25% reducing balance

2Intangible fixed assets

	£
Cost
At 1 July 2013	74,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	74,000
Amortisation
At 1 July 2013	29,600
Charge for the year	3,700
On disposals	-
At 30 June 2014	33,300
Net book values
At 30 June 2014	40,700
At 30 June 2013	44,400

3Tangible fixed assets

	£
Cost
At 1 July 2013	5,362
Additions	779
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	6,141
Depreciation
At 1 July 2013	4,472
Charge for the year	416
On disposals	-
At 30 June 2014	4,888
Net book values
At 30 June 2014	1,253
At 30 June 2013	890