Registered Number 06774006
BRIGHT OAK LIMITED
Abbreviated Accounts
31 May 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
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Tangible assets | 3 |
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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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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital |
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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
All fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Equipment - 4 years straight line
Intangible assets amortisation policy
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Goodwill - between 3 and 10 years straight line
£ | |
---|---|
Cost | |
At 1 June 2015 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 May 2016 |
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Amortisation | |
At 1 June 2015 |
|
Charge for the year |
|
On disposals |
|
At 31 May 2016 |
|
Net book values | |
At 31 May 2016 | 70,949 |
At 31 May 2015 | 95,106 |
£ | |
---|---|
Cost | |
At 1 June 2015 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 May 2016 |
|
Depreciation | |
At 1 June 2015 |
|
Charge for the year |
|
On disposals |
|
At 31 May 2016 |
|
Net book values | |
At 31 May 2016 | 1,643 |
At 31 May 2015 | 3,131 |