Company Registration No. 06514734 (England and Wales)
BRAMHILL CONSULTING LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2016
BRAMHILL CONSULTING LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
BRAMHILL CONSULTING LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2016
31 March 2016
- 1 -
2016
2015
Notes
£
£
£
£
Current assets
Cash at bank and in hand
1,966
2,495
Creditors: amounts falling due within one year
(54,400)
(42,401)
Total assets less current liabilities
(52,434)
(39,906)
Capital and reserves
Called up share capital
2
100
100
Profit and loss account
(52,534)
(40,006)
Shareholders' funds
(52,434)
(39,906)
For the financial year ended 31 March 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 16 November 2016
Mr A Pearson
Director
Company Registration No. 06514734
BRAMHILL CONSULTING LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 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).
These financial statements have been prepared on the going concern basis. The company's day to day working capital requirements are partly financed through the support of the company's director, A. Pearson. The company's director has signified his willingness to continue to support the company for the foreseeable future.
1.2
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:
Fixtures, fittings and equipment
33% Straight line
2
Share capital
2016
2015
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100
3
Related party relationships and transactions
Other transactions
The director has provided finance to the company. The balance due to the director as at 31 March 2016 was £53,550 (2015 - £41,550) and is included within creditors. No interest is charged on this loan.