Britelite Limited 08140552 false true 2012-07-12 2013-03-31 2013-03-31 08140552 2012-07-12 2013-03-31 08140552 2013-03-31 08140552 uk-bus:OrdinaryShareClass1 2013-03-31 08140552 uk-bus:Director2 2012-07-12 2013-03-31 08140552 uk-bus:OrdinaryShareClass1 2012-07-12 2013-03-31 08140552 uk-bus:EntityAccountantsOrAuditors 2012-07-12 2013-03-31 08140552 uk-gaap:OfficeEquipment 2012-07-12 2013-03-31 08140552 2012-07-11 iso4217:GBP xbrli:shares

Registration number: 08140552

Britelite Limited

Unaudited Abbreviated Accounts

for the Period from 12 July 2012 to 31 March 2013

 

Fox Jennings Cullen
Accountants & Business Advisers
Tarn House
77 High Street
Yeadon
Leeds
West Yorkshire
LS19 7SP

 

Britelite Limited
Contents

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2 to 3

 

Britelite Limited
(Registration number: 08140552)
Abbreviated Balance Sheet at 31 March 2013

 

Note

   

31 March 2013
£

 

Fixed assets

 

   

 

Tangible fixed assets

 

   

281

 

Current assets

 

   

 

Debtors

 

   

549

 

Cash at bank and in hand

 

   

24,094

 

 

   

24,643

 

Creditors: Amounts falling due within one year

 

   

(9,119)

 

Net current assets

 

   

15,524

 

Total assets less current liabilities

 

   

15,805

 

Provisions for liabilities

 

   

(56)

 

Net assets

 

   

15,749

 

Capital and reserves

 

   

 

Called up share capital

 

3

   

2

 

Profit and loss account

 

   

15,747

 

Shareholders' funds

 

   

15,749

 

For the year ending 31 March 2013 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 9 December 2013 and signed on its behalf by:

.........................................
M J Friel
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

 

Britelite Limited
Notes to the Abbreviated Accounts for the Period from 12 July 2012 to 31 March 2013
......... continued

1

Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Depreciation method and rate

Office equipment

25% on reducing balance

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

 

Britelite Limited
Notes to the Abbreviated Accounts for the Period from 12 July 2012 to 31 March 2013
......... continued

2

Fixed assets

 

Tangible assets
£

   

Total
£

 

Cost

 

   

 

Additions

 

375

   

375

 

At 31 March 2013

 

375

   

375

 

Depreciation

 

   

 

Charge for the period

 

94

   

94

 

At 31 March 2013

 

94

   

94

 

Net book value

 

   

 

At 31 March 2013

 

281

   

281

 

3

Share capital

Allotted, called up and fully paid shares

 

31 March 2013

   

No.

   

£

 

Ordinary shares of £1 each

 

2

   

2

 
             

New shares allotted

During the period 2 Ordinary shares having an aggregate nominal value of £2 were allotted for an aggregate consideration of £2. The shares were allotted on incorporation.