Registered Number 00481390
BRAMBER PROPERTIES LIMITED
Abbreviated Accounts
5 April 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
( |
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Total assets less current liabilities |
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Provisions for liabilities |
( |
( |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Fixtures, fittings and equipment - 15% reducing balance basis
Investment properties are valued at cost. This is not in accordance with the Financial Reporting Standard For Smaller Entities which requires the such properties be included at open market value. The Directors consider that the benefit to be derived from the revaluation of these properties does not justify the cost involved.
Other accounting policies
Deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. Deferred tax balances are not discounted.
£ | |
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Cost | |
At 6 April 2015 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 5 April 2016 |
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Depreciation | |
At 6 April 2015 |
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Charge for the year |
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On disposals |
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At 5 April 2016 |
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Net book values | |
At 5 April 2016 | 595,842 |
At 5 April 2015 | 596,773 |