Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-02-014falseNo description of principal activity4truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10589703 2022-02-01 2023-03-31 10589703 2021-02-01 2022-01-31 10589703 2023-03-31 10589703 2022-01-31 10589703 c:Director3 2022-02-01 2023-03-31 10589703 d:MotorVehicles 2022-02-01 2023-03-31 10589703 d:MotorVehicles 2023-03-31 10589703 d:MotorVehicles 2022-01-31 10589703 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-02-01 2023-03-31 10589703 d:CurrentFinancialInstruments 2023-03-31 10589703 d:CurrentFinancialInstruments 2022-01-31 10589703 d:Non-currentFinancialInstruments 2023-03-31 10589703 d:Non-currentFinancialInstruments 2022-01-31 10589703 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10589703 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 10589703 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 10589703 d:Non-currentFinancialInstruments d:AfterOneYear 2022-01-31 10589703 d:ShareCapital 2023-03-31 10589703 d:ShareCapital 2022-01-31 10589703 d:RetainedEarningsAccumulatedLosses 2023-03-31 10589703 d:RetainedEarningsAccumulatedLosses 2022-01-31 10589703 c:FRS102 2022-02-01 2023-03-31 10589703 c:AuditExempt-NoAccountantsReport 2022-02-01 2023-03-31 10589703 c:FullAccounts 2022-02-01 2023-03-31 10589703 c:PrivateLimitedCompanyLtd 2022-02-01 2023-03-31 10589703 2 2022-02-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 10589703










IMPERIAL BRICKWORK LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2023

 
IMPERIAL BRICKWORK LTD
REGISTERED NUMBER:10589703

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

31 March
31 January
2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
9,437
14,547

  
9,437
14,547

Current assets
  

Debtors: amounts falling due within one year
 5 
61,518
-

Cash at bank and in hand
  
5,711
5,692

  
67,229
5,692

Creditors: amounts falling due within one year
 6 
(51,323)
(39,107)

Net current assets/(liabilities)
  
 
 
15,906
 
 
(33,415)

Total assets less current liabilities
  
25,343
(18,868)

Creditors: amounts falling due after more than one year
 7 
(24,167)
(40,804)

  

Net assets/(liabilities)
  
1,176
(59,672)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,076
(59,772)

  
1,176
(59,672)


Page 1

 
IMPERIAL BRICKWORK LTD
REGISTERED NUMBER:10589703
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
L Patten
Director

Date: 2 September 2023

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
IMPERIAL BRICKWORK LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

1.


General information

Imperial Brickwork Ltd is a private company limited by shares and incorporated in England and Wales, registration number 10589703. The registered office is 1 Claydon Business Park, Great Blakenham, Ipswich, Suffolk, IP6 0NL.
The financial statements are presented in sterling which is functional currency of the company and rounded to the neareast £.  
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.                                  

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Directors have considered the Company's position at the time of signing the financial statements, and based on this, the Directors have concluded that they have a reasonable expectation that the Company will have adequate resources to continue in operational existance for the forseeable future and they therefore continue to adopt the going concern basis of accounting in preparing these financial statements. 

  
2.3

Reporting period

These financial statements cover an extended period from 1 February 2022 to 31 March 2023 as the company amended their reporting period to align with other deadlines.

 
2.4

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
IMPERIAL BRICKWORK LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.5

Leased assets: the Company as lessee

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

 
2.6

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.7

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.8

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
2.9

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.10

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
IMPERIAL BRICKWORK LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

2.Accounting policies (continued)


2.10
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
18%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.11

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.12

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.13

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
IMPERIAL BRICKWORK LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.14

Financial instruments

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.15

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the period was 4 (2022 - 4).


4.


Tangible fixed assets







Motor vehicles

£



Cost or valuation


At 1 February 2022
37,270



At 31 March 2023

37,270



Depreciation


At 1 February 2022
22,723


Charge for the period on owned assets
5,110



At 31 March 2023

27,833



Net book value



At 31 March 2023
9,437



At 31 January 2022
14,547

Page 6

 
IMPERIAL BRICKWORK LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

5.


Debtors

31 March
31 January
2023
2022
£
£


Other debtors
61,518
-

61,518
-



6.


Creditors: Amounts falling due within one year

31 March
31 January
2023
2022
£
£

Bank loans
10,000
10,000

Corporation tax
30,529
23,509

Other taxation and social security
3,368
1,064

Obligations under finance lease
4,426
3,826

Other creditors
-
708

Accruals and deferred income
3,000
-

51,323
39,107



7.


Creditors: Amounts falling due after more than one year

31 March
31 January
2023
2022
£
£

Bank loans
24,167
35,834

Obligations under finance lease
-
4,970

24,167
40,804


 
Page 7