Company Registration No. 08260417 (England and Wales)
BROGA LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016
TWP Accounting LLP
Chartered Accountants
The Old Rectory
Church Street
Weybridge
Surrey
KT13 8DE
BROGA LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
BROGA LIMITED
Company Registration No. 08260417
ABBREVIATED BALANCE SHEET
AS AT 30 September 2016
- 1 -
2016
2015
Notes
£
£
£
£
Current assets
Cash at bank and in hand
54
4,346
Creditors: amounts falling due within one year
(18,908)
(10,899)
Total assets less current liabilities
(18,854)
(6,553)
Capital and reserves
Called up share capital
2
100
100
Profit and loss account
(18,954)
(6,653)
Shareholder's funds
(18,854)
(6,553)
For the financial year ended 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 26 June 2017
S M Miller
Director
BROGA LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Going concern
At the balance sheet date the company has net liabilities of £ 18,854 . Included in creditors are amounts due to the director of £ 16,800 . The director has confirmed that he will continue to support the company for the foreseeable future and is confident about the company's ability to trade as a going concern and meet its financial obligations. Therefore the accounts have been prepared on the going concern basis.18,854. Included in creditors are amounts due to the director of £16,800. The director has confirmed that he will continue to support the company for the foreseeable future and is confident about the company's ability to trade as a going concern and meet its financial obligations. Therefore the accounts have been prepared on the going concern basis.
1.3
Turnover
Turnover comprises revenue recognised by the company in respect of gym fitness classes supplied during the year, inclusive of Value Added Tax and trade discounts.comprises revenue recognised by the company in respect of gym fitness classes supplied during the year, inclusive of Value Added Tax and trade discounts.
Income is recognised in the year in which the service is supplied.
2
Share capital
2016
2015
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100
