Registered Number 06774006
BRIGHT OAK LIMITED
Abbreviated Accounts
31 May 2015
Notes | 2015 | 2014 | |
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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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|
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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
Turnover comprises amounts receivable in the ordinary course of business from the principal activities of the company.
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 2014 |
|
Additions |
|
Disposals |
|
Revaluations |
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Transfers |
|
At 31 May 2015 |
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Amortisation | |
At 1 June 2014 |
|
Charge for the year |
|
On disposals |
|
At 31 May 2015 |
|
Net book values | |
At 31 May 2015 | 95,106 |
At 31 May 2014 | 100,000 |
£ | |
---|---|
Cost | |
At 1 June 2014 |
|
Additions |
|
Disposals |
( |
Revaluations |
|
Transfers |
|
At 31 May 2015 |
|
Depreciation | |
At 1 June 2014 |
|
Charge for the year |
|
On disposals |
( |
At 31 May 2015 |
|
Net book values | |
At 31 May 2015 | 3,131 |
At 31 May 2014 | 2,039 |