Registered Number 07217163
DRAYCOTT BROWNE LIMITED
Abbreviated Accounts
31 May 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
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|
Tangible assets | 3 |
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Current assets | |||
Debtors |
|
|
|
Cash at bank and in hand |
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Creditors: amounts falling due within one year | 4 |
( |
( |
Net current assets (liabilities) |
( |
( |
|
Total assets less current liabilities |
|
|
|
Creditors: amounts falling due after more than one year | 4 |
( |
( |
Provisions for liabilities |
( |
( |
|
Total net assets (liabilities) |
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|
|
Capital and reserves | |||
Called up share capital | 5 |
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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
Fixture and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance
Intangible assets amortisation policy
Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Going concern
The use of the going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubts about the ability of the company to continue as a going concern.
£ | |
---|---|
Cost | |
At 1 June 2013 |
|
Additions |
|
Disposals |
( |
Revaluations |
|
Transfers |
|
At 31 May 2014 |
|
Amortisation | |
At 1 June 2013 |
|
Charge for the year |
|
On disposals |
|
At 31 May 2014 |
|
Net book values | |
At 31 May 2014 | 480,000 |
At 31 May 2013 | 1,179,998 |
£ | |
---|---|
Cost | |
At 1 June 2013 |
|
Additions |
|
Disposals |
( |
Revaluations |
|
Transfers |
|
At 31 May 2014 |
|
Depreciation | |
At 1 June 2013 |
|
Charge for the year |
|
On disposals |
|
At 31 May 2014 |
|
Net book values | |
At 31 May 2014 | 6,460 |
At 31 May 2013 | 19,758 |
2014
£ |
2013
£ |
|
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Secured Debts |
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