Registered number: 07567468 | ||||||||
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FOR THE YEAR ENDED 31 MARCH 2018 | ||||||||
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Prepared By: | ||||||||
Breckman & Company | ||||||||
Chartered Certified Accountants | ||||||||
49 South Molton Street | ||||||||
London | ||||||||
W1K 5LH |
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Breckman & Company Limited | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 MARCH 2018 | ||||||||
DIRECTORS | ||||||||
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REGISTERED OFFICE | ||||||||
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COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 07567468 | ||||||||
ACCOUNTANTS | ||||||||
Breckman & Company | ||||||||
Chartered Certified Accountants | ||||||||
49 South Molton Street | ||||||||
London | ||||||||
W1K 5LH |
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Breckman & Company Limited | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 MARCH 2018 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 5 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
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Breckman & Company Limited | ||||||||
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BALANCE SHEET AT
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2018 | 2017 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Intangible assets | 2 |
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Tangible assets | 3 |
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CURRENT ASSETS | ||||||||||
Stock |
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Debtors | 5 |
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Cash at bank and in hand |
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312,166 | 276,637 | |||||||||
CREDITORS: Amounts falling due within one year | 6 |
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NET CURRENT ASSETS |
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144,839 | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES |
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CREDITORS: Amounts falling due after more than one year | 7 | 129,120 | 190,089 | |||||||
NET ASSETS |
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CAPITAL AND RESERVES | ||||||||||
Called up share capital | 9 |
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Profit and loss account | 222,171 | 214,153 | ||||||||
SHAREHOLDERS' FUNDS |
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Breckman & Company Limited | ||||||||
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BALANCE SHEET AT
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Approved by the board on
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............................. | ||||||||||
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Director | ||||||||||
............................. | ||||||||||
Graham Berry | ||||||||||
Director | ||||||||||
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Breckman & Company Limited | ||||||||
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NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 MARCH 2018 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
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Short Leasehold Properties | straight line 6.67% | |||||||
Equipment | straight line 20% |
1c. Stocks | ||||||||
Work in progress is stated at the lower of cost and estimated fee income (net realisable value). |
1d. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
1e. Goodwill | ||||||||
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Breckman & Company Limited | ||||||||
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2. INTANGIBLE FIXED ASSETS | ||||
Purchased | ||||
Goodwill | Total | |||
£ | £ | |||
Cost | ||||
At 1 April 2017 | 600,000 | 600,000 | ||
At 31 March 2018 | 600,000 | 600,000 | ||
Depreciation | ||||
At 1 April 2017 | 360,000 | 360,000 | ||
For the year | 60,000 | 60,000 | ||
At 31 March 2018 | 420,000 | 420,000 | ||
Net Book Amounts | ||||
At 31 March 2018 |
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At 31 March 2017 |
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3. TANGIBLE FIXED ASSETS | ||||||
Short Leasehold | ||||||
Properties | Equipment | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 1 April 2017 | 10,629 | 32,143 | 42,772 | |||
Additions | - | 2,675 | 2,675 | |||
At 31 March 2018 | 10,629 | 34,818 | 45,447 | |||
Depreciation | ||||||
At 1 April 2017 | 2,836 | 20,233 | 23,069 | |||
For the year | 709 | 5,047 | 5,756 | |||
At 31 March 2018 | 3,545 | 25,280 | 28,825 | |||
Net Book Amounts | ||||||
At 31 March 2018 | 7,084 |
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16,622 | |||
At 31 March 2017 | 7,793 |
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19,703 | |||
4. STOCK | 2018 | 2017 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Work in progress |
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Breckman & Company Limited | ||||||||
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5. DEBTORS | 2018 | 2017 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 90,294 | 113,316 | ||||||
Other debtors | 4,254 | 2,023 | ||||||
Staff debtors | 2,871 | 2,566 | ||||||
Prepayments | 27,017 | 28,340 | ||||||
Accrued income | - | 1,500 | ||||||
124,436 | 147,745 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2018 | 2017 | |||||||
£ | £ | |||||||
UK corporation tax | 31,500 | 28,738 | ||||||
VAT | 39,020 | 33,335 | ||||||
PAYE control | 5,984 | 6,130 | ||||||
Directors current account | 60,969 | 60,969 | ||||||
Other creditors | 947 | 1,035 | ||||||
Accruals | 18,777 | 1,591 | ||||||
157,197 | 131,798 | |||||||
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2018 | 2017 | |||||||
£ | £ | |||||||
Other creditors > 1yr | 129,120 | 190,089 | ||||||
129,120 | 190,089 | |||||||
This represents money owed to the directors. There is currently no repayment date and the amounts due are payable at the discetion of the directors and subject to cash flow availability. | ||||||||
8. EMPLOYEES | ||||||
2018 | 2017 | |||||
No. | No. | |||||
Average number of employees | 9 | 10 | ||||
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Breckman & Company Limited | ||||||||
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9. SHARE CAPITAL | 2018 | 2017 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
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300 | 300 | ||||||
300 | 300 | |||||||
10. OTHER FINANCIAL COMMITMENTS | ||||||||
At 31 March 2018 the company was committed to making the following payments under non-cancellable operating leases: | ||||||||
2018 | 2017 | |||||||
£ | £ | |||||||
Operating Leases which expire: | ||||||||
After 5 years | 821,415 | 899,645 | ||||||