Brechin Turner Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 04863934 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2016

FOR

BRECHIN TURNER LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Dr M A Turner

Dr D Brechin

SECRETARY:

Dr M A Turner

REGISTERED OFFICE:

Finchale House

Belmont Business Park

Durham

DH1 1TW

REGISTERED NUMBER:

04863934 (England and Wales)

ACCOUNTANTS:

Ribchesters

Chartered Accountants

Finchale House

Belmont Business Park

Durham

DH1 1TW

FIXED ASSETS

Tangible assets

2

751

1,644

CURRENT ASSETS

Debtors

11,931

8,046

Cash at bank

14,603

11,020

26,534

19,066

CREDITORS

Amounts falling due within one year

12,197

10,420

NET CURRENT ASSETS

14,337

8,646

TOTAL ASSETS LESS CURRENT
LIABILITIES

15,088

10,290

PROVISIONS FOR LIABILITIES

150

329

NET ASSETS

14,938

9,961

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

14,838

9,861

SHAREHOLDERS' FUNDS

14,938

9,961

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 26 April 2017 and were signed on its behalf by:

Dr D Brechin - 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 derived from the principal activity of the company, which is that of psychological assessment,

consultancy and teaching. Turnover is recognised when the company becomes entitled to it.

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

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 August 2015

15,692

Additions

254

At 31 July 2016

15,946

DEPRECIATION

At 1 August 2015

14,048

Charge for year

1,147

At 31 July 2016

15,195

NET BOOK VALUE

At 31 July 2016

751

At 31 July 2015

1,644

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2016 and 31 July 2015:

2016

2015

£

Dr M A Turner and Dr D Brechin

Balance outstanding at start of year

-

Amounts advanced

44,419

-

Amounts repaid

(42,814

)

-

Balance outstanding at end of year

1,605

-