Abbreviated Company Accounts - BREFFO LTD

Abbreviated Company Accounts - BREFFO LTD


Registered Number 06817122

BREFFO LTD

Abbreviated Accounts

28 February 2014

BREFFO LTD Registered Number 06817122

Abbreviated Balance Sheet as at 28 February 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 16,342 18,706
16,342 18,706
Current assets
Stocks 10,000 7,000
Debtors 62,173 8,037
Cash at bank and in hand 7,956 18,865
80,129 33,902
Creditors: amounts falling due within one year (141,694) (36,550)
Net current assets (liabilities) (61,565) (2,648)
Total assets less current liabilities (45,223) 16,058
Total net assets (liabilities) (45,223) 16,058
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account (46,223) 15,058
Shareholders' funds (45,223) 16,058
  • For the year ending 28 February 2014 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 24 November 2014

And signed on their behalf by:
24 November 2014, Director

BREFFO LTD Registered Number 06817122

Notes to the Abbreviated Accounts for the period ended 28 February 2014

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 amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Plant and machinery 25% Reducing Method
Computer equipment 25% Recuding Method
Fixtures, fittings & equipment 25% on reducing balance

2Tangible fixed assets
£
Cost
At 1 March 2013 39,013
Additions 3,082
Disposals -
Revaluations -
Transfers -
At 28 February 2014 42,095
Depreciation
At 1 March 2013 20,307
Charge for the year 5,446
On disposals -
At 28 February 2014 25,753
Net book values
At 28 February 2014 16,342
At 28 February 2013 18,706