Caseware UK (AP4) 2022.0.179 2022.0.179 2022-04-302022-04-30No description of principal activity2021-05-01false23truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 00394802 2021-05-01 2022-04-30 00394802 2020-05-01 2021-04-30 00394802 2022-04-30 00394802 2021-04-30 00394802 c:Director1 2021-05-01 2022-04-30 00394802 d:FurnitureFittings 2021-05-01 2022-04-30 00394802 d:FurnitureFittings 2022-04-30 00394802 d:FurnitureFittings 2021-04-30 00394802 d:FurnitureFittings d:OwnedOrFreeholdAssets 2021-05-01 2022-04-30 00394802 d:FreeholdInvestmentProperty 2021-05-01 2022-04-30 00394802 d:FreeholdInvestmentProperty 2022-04-30 00394802 d:FreeholdInvestmentProperty 2021-04-30 00394802 d:CurrentFinancialInstruments 2022-04-30 00394802 d:CurrentFinancialInstruments 2021-04-30 00394802 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 00394802 d:CurrentFinancialInstruments d:WithinOneYear 2021-04-30 00394802 d:ShareCapital 2022-04-30 00394802 d:ShareCapital 2021-04-30 00394802 d:CapitalRedemptionReserve 2022-04-30 00394802 d:CapitalRedemptionReserve 2021-04-30 00394802 d:OtherMiscellaneousReserve 2022-04-30 00394802 d:OtherMiscellaneousReserve 2021-04-30 00394802 d:RetainedEarningsAccumulatedLosses 2022-04-30 00394802 d:RetainedEarningsAccumulatedLosses 2021-04-30 00394802 c:FRS102 2021-05-01 2022-04-30 00394802 c:AuditExempt-NoAccountantsReport 2021-05-01 2022-04-30 00394802 c:FullAccounts 2021-05-01 2022-04-30 00394802 c:PrivateLimitedCompanyLtd 2021-05-01 2022-04-30 00394802 4 2021-05-01 2022-04-30 00394802 6 2021-05-01 2022-04-30 00394802 d:OtherDeferredTax 2022-04-30 00394802 d:OtherDeferredTax 2021-04-30 iso4217:GBP xbrli:pure

Registered number: 00394802









L BRICKMAN LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2022

 
L BRICKMAN LIMITED
REGISTERED NUMBER: 00394802

BALANCE SHEET
AS AT 30 APRIL 2022

2022
2021
Note
£
£

Fixed assets
  

Tangible assets
 4 
10,333
12,157

Investment property
 5 
1,600,001
2,210,001

  
1,610,334
2,222,158

Current assets
  

Debtors: amounts falling due within one year
 6 
695,619
362,640

Cash at bank and in hand
 7 
1,421,972
1,395,449

  
2,117,591
1,758,089

Creditors: amounts falling due within one year
 8 
(55,841)
(38,502)

Net current assets
  
 
 
2,061,750
 
 
1,719,587

Total assets less current liabilities
  
3,672,084
3,941,745

Provisions for liabilities
  

Deferred tax
 9 
(245,250)
(248,330)

  
 
 
(245,250)
 
 
(248,330)

Net assets
  
3,426,834
3,693,415


Capital and reserves
  

Called up share capital 
  
3,500
3,500

Capital redemption reserve
  
500
500

Other reserves
  
735,750
1,058,670

Profit and loss account
  
2,687,084
2,630,745

  
3,426,834
3,693,415


Page 1

 
L BRICKMAN LIMITED
REGISTERED NUMBER: 00394802
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2022

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 year 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 statement of comprehensive income 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: 




N S Norman
Director

Date: 17 October 2023

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

Page 2

 
L BRICKMAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022

1.


General information

L Brickman Limited is a private Company, limited by shares, incorporated in the United Kingdom and registered in England and Wales (registered number 00394802).
Its registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.. 
The principal activity of the Company continues to be that of property management.
The financial statements are presented in Sterling, which is the functional currency of the Company.

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

Revenue

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover 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 turnover 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 turnover 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.

 
2.3

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 3

 
L BRICKMAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022

2.Accounting policies (continued)


2.3
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:

Fixtures and fittings
-
15% 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.

 
2.4

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.5

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.6

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.

 
2.7

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance sheet.

Page 4

 
L BRICKMAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022

2.Accounting policies (continued)

 
2.8

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2021 - 3).


4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 May 2021
52,956



At 30 April 2022

52,956



Depreciation


At 1 May 2021
40,799


Charge for the year on owned assets
1,824



At 30 April 2022

42,623



Net book value



At 30 April 2022
10,333



At 30 April 2021
12,157

Page 5

 
L BRICKMAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022

5.


Investment property


Freehold investment property

£



Valuation


At 1 May 2021
2,210,001


Disposals
(610,000)



At 30 April 2022
1,600,001

The 2022 valuations were made by the directors, on an open market value for existing use basis.





If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2022
2021
£
£


Historic cost
619,000
896,584

619,000
896,584


6.


Debtors

2022
2021
£
£


Other debtors
695,619
358,440

Prepayments and accrued income
-
4,200

695,619
362,640





7.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
1,421,972
1,395,449

1,421,972
1,395,449


Page 6

 
L BRICKMAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022

8.


Creditors: Amounts falling due within one year

2022
2021
£
£

Corporation tax
22,464
6,125

Other creditors
27,377
27,377

Accruals and deferred income
6,000
5,000

55,841
38,502



9.


Deferred taxation




2022


£






At beginning of year
(248,330)


Charged to profit or loss
3,080



At end of year
(245,250)

The provision for deferred taxation is made up as follows:

2022
2021
£
£


Deferred tax on fair value movements
(245,250)
(248,330)

(245,250)
(248,330)

 
Page 7