Phil Bromley Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09396108

Abbreviated Unaudited Accounts

for the Period 20 January 2015 to 31 January 2016

for

Phil Bromley Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P R Bromley

REGISTERED OFFICE:

93 Market Street

Farnworth

Bolton

Lancashire

BL4 7NS

REGISTERED NUMBER:

09396108

ACCOUNTANTS:

Higsons Limited

Chartered Accountants

93 Market Street

Farnworth

Bolton

Lancashire

BL4 7NS

FIXED ASSETS

Tangible assets

2

2,016

CURRENT ASSETS

Debtors

2,079

Cash at bank

15,741

17,820

CREDITORS

Amounts falling due within one year

18,744

NET CURRENT LIABILITIES

(924

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,092

CAPITAL AND RESERVES

Called up share capital

3

90

Profit and loss account

1,002

SHAREHOLDERS' FUNDS

1,092

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2016 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 7 June 2016 and were signed by:

P R Bromley - 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 January 2015).

Turnover

Turnover is the amount derived from ordinary activities, 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.

Computer equipment

-

33% on cost

Deferred tax

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

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

3,024

At 31 January 2016

3,024

DEPRECIATION

Charge for period

1,008

At 31 January 2016

1,008

NET BOOK VALUE

At 31 January 2016

2,016

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

90

Ordinary

£1

90

90 Ordinary shares of £1 were issued during the period for cash of £ 90 .