Brown Edge House Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08558729 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2016

FOR

BROWN EDGE HOUSE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr C J Waine

Mrs P Allen

REGISTERED OFFICE:

Brown Edge House

Nutgrove Road

St Helens

Merseyside

WA9 5JR

REGISTERED NUMBER:

08558729 (England and Wales)

ACCOUNTANTS:

Maddocks & Gamble Limited

Chartered Accountants

Suite 5 Ribble Saw Mill

Paley Road

Preston

Lancashire

PR1 8LT

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

24,319

15,219

24,319

15,219

CURRENT ASSETS

Debtors

32,189

17,842

Cash at bank and in hand

123,841

77,739

156,030

95,581

CREDITORS

Amounts falling due within one year

42,325

36,122

NET CURRENT ASSETS

113,705

59,459

TOTAL ASSETS LESS CURRENT
LIABILITIES

138,024

74,678

PROVISIONS FOR LIABILITIES

1,879

1,957

NET ASSETS

136,145

72,721

CAPITAL AND RESERVES

Called up share capital

4

1

Profit and loss account

136,144

72,720

SHAREHOLDERS' FUNDS

136,145

72,721

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 28 March 2017 and were signed on
its behalf by:

Mr C J Waine - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of one years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

Fixed assets are stated at their cost prices, less accumulated depreciation and less amounts

recognised in respect of impairment.

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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

and 30 June 2016

1

AMORTISATION

At 1 July 2015

and 30 June 2016

1

NET BOOK VALUE

At 30 June 2016

-

At 30 June 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

24,293

Additions

19,908

Disposals

(8,084

)

At 30 June 2016

36,117

DEPRECIATION

At 1 July 2015

9,074

Charge for year

6,261

Eliminated on disposal

(3,537

)

At 30 June 2016

11,798

NET BOOK VALUE

At 30 June 2016

24,319

At 30 June 2015

15,219

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

1

Ordinary

£1

1