Registered Number 05856521
BROOK FINANCIAL MANAGEMENT LIMITED
Abbreviated Accounts
30 June 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Stocks |
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Debtors |
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Cash at bank and in hand |
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Prepayments and accrued income |
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Creditors: amounts falling due within one year | 3 |
( |
( |
Net current assets (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year | 3 |
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( |
Provisions for liabilities |
( |
( |
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Accruals and deferred income |
( |
( |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 4 |
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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:
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Plant & machinery - 33% straight line
Fixtures & fittings - 25% straight line
Motor vehicles - 20% straight line
Valuation information and policy
Other accounting policies
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charges. The finance element of the payments are charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligations outstanding in each period.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.
£ | |
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Cost | |
At 1 July 2015 |
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Additions |
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Disposals |
( |
Revaluations |
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Transfers |
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At 30 June 2016 |
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Depreciation | |
At 1 July 2015 |
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Charge for the year |
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On disposals |
( |
At 30 June 2016 |
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Net book values | |
At 30 June 2016 | 15,138 |
At 30 June 2015 | 35,229 |
2016
£ |
2015
£ |
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Secured Debts |
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5Transactions with directors
Name of director receiving advance or credit: | ||
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Description of the transaction: | ||
Balance at 1 July 2015: | £ |
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Advances or credits made: | ||
Advances or credits repaid: | £ |
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Balance at 30 June 2016: | £ |