Registered Number 05920785

BRAUNSTON GARAGE LIMITED

Abbreviated Accounts

31 March 2015

BRAUNSTON GARAGE LIMITED Registered Number 05920785

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 - 17,331
Tangible assets 3 2,628 3,504
2,628 20,835
Current assets
Stocks 2,850 5,501
Debtors 12,735 4,863
Cash at bank and in hand 120,430 106,258
136,015 116,622
Creditors: amounts falling due within one year (66,021) (55,389)
Net current assets (liabilities) 69,994 61,233
Total assets less current liabilities 72,622 82,068
Total net assets (liabilities) 72,622 82,068
Capital and reserves
Called up share capital 1 1
Profit and loss account 72,621 82,067
Shareholders' funds 72,622 82,068
  • For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 22 December 2015

And signed on their behalf by:
Nigel Cockerill, Director

BRAUNSTON GARAGE LIMITED Registered Number 05920785

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Intangible assets amortisation policy
A decision was made to write off the total of the Goodwill remaining to remove it from the Balance Sheet.

2Intangible fixed assets
£
Cost
At 1 April 2014 80,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 80,000
Amortisation
At 1 April 2014 62,669
Charge for the year 17,331
On disposals -
At 31 March 2015 80,000
Net book values
At 31 March 2015 0
At 31 March 2014 17,331
3Tangible fixed assets
£
Cost
At 1 April 2014 37,056
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 37,056
Depreciation
At 1 April 2014 33,552
Charge for the year 876
On disposals -
At 31 March 2015 34,428
Net book values
At 31 March 2015 2,628
At 31 March 2014 3,504