Brenbuild Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 06758425 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 DECEMBER 2013 TO 31 MAY 2015

FOR

BRENBUILD LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

B P Barrett

Mrs A J Barrett

REGISTERED OFFICE:

Landmark House

1 Riseholme Road

Lincoln

Lincolnshire

LN1 3SN

REGISTERED NUMBER:

06758425 (England and Wales)

ACCOUNTANTS:

Russell Payne & Co Limited

Landmark House

1 Riseholme Road

Lincoln

Lincolnshire

LN1 3SN

FIXED ASSETS

Tangible assets

2

151,320

93,585

CURRENT ASSETS

Stocks

213,000

325,000

Debtors

99,372

1,833

Cash at bank and in hand

1,295,106

454,043

1,607,478

780,876

CREDITORS

Amounts falling due within one year

1,130,572

573,447

NET CURRENT ASSETS

476,906

207,429

TOTAL ASSETS LESS CURRENT LIABILITIES

628,226

301,014

CREDITORS

Amounts falling due after more than one year

29,770

16,552

NET ASSETS

598,456

284,462

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

598,454

284,460

SHAREHOLDERS' FUNDS

598,456

284,462

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2015 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 5 February 2016 and were signed on its behalf by:

B P Barrett - 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.

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 etc

-

33% on cost, 25% on reducing balance and 15% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Where the outcome of incomplete contracts can be assessed with reasonable certainty attributable profit is

recognised in the profit and loss account as an appropriate proportion of the profit for that contact. In assessing

amounts recoverable the directors provide for the cost of potential claims based on experience.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

113,972

Additions

97,706

Disposals

(22,801

)

At 31 May 2015

188,877

DEPRECIATION

At 1 December 2013

20,387

Charge for period

23,436

Eliminated on disposal

(6,266

)

At 31 May 2015

37,557

NET BOOK VALUE

At 31 May 2015

151,320

At 30 November 2013

93,585

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2013

value:

£

£

2

Ordinary

£1

2

2