Brabingers Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04526250 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2014

FOR

BRABINGERS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

J.R. Morrall

L. Morrall

REGISTERED OFFICE:

269 Verity Crescent

Canford Heath

Poole

Dorset

BH17 8UB

REGISTERED NUMBER:

04526250 (England and Wales)

ACCOUNTANTS:

Chris Bunn & Co Limited

16 Greenacre Close

Poole

Dorset

BH16 5EY

FIXED ASSETS

Tangible assets

2

17,834

23,237

CURRENT ASSETS

Stocks

9,400

1,500

Debtors

18,147

6,442

Cash at bank

21,830

10,512

49,377

18,454

CREDITORS

Amounts falling due within one year

42,866

21,612

NET CURRENT ASSETS/(LIABILITIES)

6,511

(3,158

)

TOTAL ASSETS LESS CURRENT LIABILITIES

24,345

20,079

CREDITORS

Amounts falling due after more than one year

(11,066

)

(14,516

)

PROVISIONS FOR LIABILITIES

(3,421

)

(4,470

)

NET ASSETS

9,858

1,093

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

9,758

993

SHAREHOLDERS' FUNDS

9,858

1,093

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 30 December 2014 and were signed on its behalf by:

J.R. Morrall - 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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks and work in progress 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 expenditure and an appropriate proportion of fixed and variable overheads.

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 April 2013

38,772

Additions

542

At 31 March 2014

39,314

DEPRECIATION

At 1 April 2013

15,535

Charge for year

5,945

At 31 March 2014

21,480

NET BOOK VALUE

At 31 March 2014

17,834

At 31 March 2013

23,237

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

100

Ordinary

£1

100

100