Company Registration No. 03985352 (England and Wales)
ATTENBOROUGH BRUSH LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2016
ATTENBOROUGH BRUSH LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ATTENBOROUGH BRUSH LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 APRIL 2016
30 April 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
496,236
534,410
Current assets
Stocks
101,535
107,701
Debtors
3
242,527
105,565
Cash at bank and in hand
9,621
13,001
353,683
226,267
Creditors: amounts falling due within one year
(57,580)
(49,236)
Net current assets
296,103
177,031
Total assets less current liabilities
792,339
711,441
Creditors: amounts falling due after more than one year
4
(725,543)
(645,115)
66,796
66,326
Capital and reserves
Called up share capital
5
1
1
Profit and loss account
66,795
66,325
Shareholders' funds
66,796
66,326
For the financial year ended 30 April 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 members have 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 January 2017
E J Attenborough
Director
Company Registration No. 03985352
ATTENBOROUGH BRUSH LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 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
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.3
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Leasehold property improvements
4% straight line basis
Plant and machinery
15% reducing balance basis and 5% straight line basis
Fixtures, fittings & equipment
15% reducing balance basis
1.4
Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.
2
Fixed assets
Tangible assets
£
Cost
At 1 May 2015 & at 30 April 2016
835,295
Depreciation
At 1 May 2015
300,884
Charge for the year
38,175
At 30 April 2016
339,059
Net book value
At 30 April 2016
496,236
At 30 April 2015
534,410
3
Debtors
Debtors include an amount of £170,000 (2015 - £80,000) which is due after more than one year.
ATTENBOROUGH BRUSH LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2016
- 3 -
4
Creditors: amounts falling due after more than one year
2016
2015
£
£
Analysis of loans repayable in more than five years
Total not repayable by instalments and due in more than five years
725,543
645,115
5
Share capital
2016
2015
£
£
Allotted, called up and fully paid
1 Ordinary share of £1
1
1
6
Ultimate parent company
The company is a wholly owned subsidiary of C & LE Attenborough Limited, a company registered in England and Wales. C & LE Attenborough Limited is controlled by E J Attenborough.