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REGISTERED NUMBER: 07217163 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2015

FOR

DRAYCOTT BROWNE LIMITED

DRAYCOTT BROWNE LIMITED (REGISTERED NUMBER: 07217163)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

DRAYCOTT BROWNE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2015







DIRECTOR: S D Draycott





SECRETARY: Mrs F L Cunningham





REGISTERED OFFICE: 12 Oxford Court
Manchester
M2 3WQ





REGISTERED NUMBER: 07217163 (England and Wales)





ACCOUNTANTS: Wallwork Nelson & Johnson
Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH

DRAYCOTT BROWNE LIMITED (REGISTERED NUMBER: 07217163)

ABBREVIATED BALANCE SHEET
31 MAY 2015

31/5/15 31/5/14
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 420,000 480,000
Tangible assets 3 3,184 6,460
423,184 486,460

CURRENT ASSETS
Debtors 606,908 704,213
Cash in hand 805 681
607,713 704,894
CREDITORS
Amounts falling due within one year 4 656,622 739,938
NET CURRENT LIABILITIES (48,909 ) (35,044 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

374,275

451,416

CREDITORS
Amounts falling due after more than one
year

4

(107,947
)
(200,000
)

PROVISIONS FOR LIABILITIES (121 ) (423 )
NET ASSETS 266,207 250,993

CAPITAL AND RESERVES
Called up share capital 5 2 2
Profit and loss account 266,205 250,991
SHAREHOLDERS' FUNDS 266,207 250,993

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

DRAYCOTT BROWNE LIMITED (REGISTERED NUMBER: 07217163)

ABBREVIATED BALANCE SHEET - continued
31 MAY 2015


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 22 February 2016 and were signed by:





S D Draycott - Director


DRAYCOTT BROWNE LIMITED (REGISTERED NUMBER: 07217163)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2015

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 15% on reducing balance
Computer equipment - 15% on cost

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

Going concern
The director has a reasonable expectation that the company has adequate resources to continue in operational
existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in
preparing the annual financial statements.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 June 2014
and 31 May 2015 813,335
AMORTISATION
At 1 June 2014 333,335
Amortisation for year 60,000
At 31 May 2015 393,335
NET BOOK VALUE

At 31 May 2015 420,000
At 31 May 2014 480,000

DRAYCOTT BROWNE LIMITED (REGISTERED NUMBER: 07217163)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MAY 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 June 2014
and 31 May 2015 119,111
DEPRECIATION
At 1 June 2014 112,651
Charge for year 3,276
At 31 May 2015 115,927
NET BOOK VALUE
At 31 May 2015 3,184
At 31 May 2014 6,460

4. CREDITORS

Creditors include an amount of £ 409,294 (31/5/14 - £ 379,673 ) for which security has been given.

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/5/15 31/5/14
value: £    £   
2 Ordinary £1 2 2