Abbreviated Company Accounts - THE BRACKETEERS LIMITED

THE BRACKETEERS LIMITED - Company Information

06204669 THE BRACKETEERS LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 06204669 2015-05-01 2016-04-30 06204669 2016-04-30 06204669 2015-04-30 06204669 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 06204669 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 06204669

THE BRACKETEERS LIMITED

Abbreviated Accounts

30 April 2016

THE BRACKETEERS LIMITED Registered Number 06204669

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	10,408	13,849
		10,408	13,849
Current assets
Stocks		115	1,500
Debtors		7,310	15,921
		7,425	17,421
Creditors: amounts falling due within one year		(17,477)	(30,710)
Net current assets (liabilities)		(10,052)	(13,289)
Total assets less current liabilities		356	560
Total net assets (liabilities)		356	560
Capital and reserves
Called up share capital	3	102	102
Profit and loss account		254	458
Shareholders' funds		356	560

For the year ending 30 April 2016 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 29 January 2017

And signed on their behalf by:
M Crane, Director

THE BRACKETEERS LIMITED Registered Number 06204669

Notes to the Abbreviated Accounts for the period ended 30 April 2016

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 represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 20% on a reducing balance basis
Motor vehicles 25% on a reducing balance basis

Other accounting policies
Stocks
Stock is valued at the lower of cost and net realisable value.

Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

2Tangible fixed assets

	£
Cost
At 1 May 2015	16,018
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	16,018
Depreciation
At 1 May 2015	2,169
Charge for the year	3,441
On disposals	-
At 30 April 2016	5,610
Net book values
At 30 April 2016	10,408
At 30 April 2015	13,849

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
102 Ordinary shares of £1 each	102	102