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BREVINS LIMITED - Company Information

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Brevins Limited

Registered Number:04664470

For the year ended 31 March 2017

England and Wales

Unaudited Financial Statements

For the year ended 31 March 2017

Brevins Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

As at 31 March 2017

Brevins Limited

Statement of Financial Position

Registered Number :

04664470

2016

2017

Notes

Fixed assets

Property, plant and equipment

943

609

943

609

Current assets

Inventories

2,600

4,150

Trade and other receivables

53,669

32,085

3,376

Cash and cash equivalents

4,178

40,413

59,645

Trade and other payables: amounts falling due within one

year

(39,299)

(19,719)

20,346

20,694

Net current assets

Total assets less current liabilities

21,637

20,955

21,637

Net assets

20,955

Capital and reserves

Called up share capital

Retained earnings

21,635

20,953

21,637

20,955

Shareholders' funds

For the year ended 31 March 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

Mr K O'Malley Director

These financial statements were approved and authorised for issue by the Board on 21 December 2017 and were signed by:

The notes form part of these financial statements

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For the year ended 31 March 2017

Brevins Limited

Notes to the Financial Statements

Statutory Information

Brevins Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number

04664470.

Registered address:

23 Porters Wood

St Albans

Hertfordshire

AL3 6PQ

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 0 years.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery

50%

Fixtures and fittings

Inventories

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.

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For the year ended 31 March 2017

Brevins Limited

Notes to the Financial Statements Continued

2. Intangible fixed assets

Goodwill

Cost or valuation

At 01 April 2016

42,000

At 31 March 2017

42,000

Amortisation

At 01 April 2016

42,000

At 31 March 2017

42,000

Net book value

At 31 March 2017

At 31 March 2016

3. Property, plant and equipment

Total

Fixtures and

fittings

Plant and

machinery

Cost or

valuation

At 01 April 2016

8,888

8,393

495

1,276

Additions

At 31 March 2017

495

9,669

10,164

Provision for depreciation and impairment

At 01 April 2016

8,279

7,785

494

Charge for year

942

At 31 March 2017

9,221

8,727

494

At 31 March 2017

Net book value

942

943

At 31 March 2016

608

609

4. Inventories

2016

2017

Stocks

4,150

2,600

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For the year ended 31 March 2017

Brevins Limited

Notes to the Financial Statements Continued

5. Trade and other receivables

2016

2017

Trade debtors

25,922

43,092

Other debtors

6,163

10,577

53,669

32,085

6. Trade and other payables: amounts falling due within one year

2016

2017

Trade creditors

294

4,590

Taxation and social security

14,375

23,026

Other creditors

5,050

11,683

19,719

39,299

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