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REGISTERED NUMBER: 10656886 (England and Wales)















Unaudited Financial Statements For The Year Ended 31 March 2023

for

Redbrick Homes (Midlands) Limited

Redbrick Homes (Midlands) Limited (Registered number: 10656886)






Contents of the Financial Statements
For The Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Redbrick Homes (Midlands) Limited

Company Information
For The Year Ended 31 March 2023







DIRECTOR: J A Stringfellow





REGISTERED OFFICE: 82 Nottingham Road
Somercotes
Alfreton
Derbyshire
DE55 4LY





REGISTERED NUMBER: 10656886 (England and Wales)





ACCOUNTANTS: Pedley & Co.
Chartered Certified Accountants
82 Nottingham Road
Somercotes
Alfreton
Derbyshire
DE55 4LY

Redbrick Homes (Midlands) Limited (Registered number: 10656886)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 33,219 24,426

CURRENT ASSETS
Stocks - 52,500
Debtors 5 - 605
Cash at bank 62,895 30,695
62,895 83,800
CREDITORS
Amounts falling due within one year 6 13,885 61,434
NET CURRENT ASSETS 49,010 22,366
TOTAL ASSETS LESS CURRENT
LIABILITIES

82,229

46,792

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 82,227 46,790
SHAREHOLDERS' FUNDS 82,229 46,792

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2023 and were signed by:





J A Stringfellow - Director


Redbrick Homes (Midlands) Limited (Registered number: 10656886)

Notes to the Financial Statements
For The Year Ended 31 March 2023

1. STATUTORY INFORMATION

Redbrick Homes (Midlands) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Redbrick Homes (Midlands) Limited (Registered number: 10656886)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2022 8,858 23,490 32,348
Additions 7,766 21,999 29,765
Disposals - (14,495 ) (14,495 )
At 31 March 2023 16,624 30,994 47,618
DEPRECIATION
At 1 April 2022 2,049 5,873 7,922
Charge for year 2,915 7,186 10,101
Eliminated on disposal - (3,624 ) (3,624 )
At 31 March 2023 4,964 9,435 14,399
NET BOOK VALUE
At 31 March 2023 11,660 21,559 33,219
At 31 March 2022 6,809 17,617 24,426

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors - 605

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 950 1,411
Taxation and social security 6,211 14,051
Other creditors 6,724 45,972
13,885 61,434