Brabingers Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04526250 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

BRABINGERS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

J.R. Morrall

L. Morrall

REGISTERED OFFICE:

269 Verity Crescent

Canford Heath

Poole

Dorset

BH17 8UB

REGISTERED NUMBER:

04526250 (England and Wales)

ACCOUNTANTS:

Chris Bunn & Co Limited

16 Greenacre Close

Poole

Dorset

BH16 5EY

FIXED ASSETS

Tangible assets

2

31,476

14,729

CURRENT ASSETS

Stocks

59,465

5,600

Debtors

74,611

22,485

Cash at bank

43,245

21,310

177,321

49,395

CREDITORS

Amounts falling due within one year

97,904

38,327

NET CURRENT ASSETS

79,417

11,068

TOTAL ASSETS LESS CURRENT
LIABILITIES

110,893

25,797

CREDITORS

Amounts falling due after more than one
year

(2,857

)

(7,266

)

PROVISIONS FOR LIABILITIES

(6,295

)

(2,826

)

NET ASSETS

101,741

15,705

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

101,641

15,605

SHAREHOLDERS' FUNDS

101,741

15,705

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 16 December 2016 and were signed on its behalf
by:

J.R. Morrall - 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 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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

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

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

At 1 April 2015

41,119

Additions

29,208

Disposals

(8,295

)

At 31 March 2016

62,032

DEPRECIATION

At 1 April 2015

26,390

Charge for year

10,492

Eliminated on disposal

(6,326

)

At 31 March 2016

30,556

NET BOOK VALUE

At 31 March 2016

31,476

At 31 March 2015

14,729

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary

£1

100