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REGISTERED NUMBER: 06380419 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Bricknells Toy & Nursery Ltd.

Bricknells Toy & Nursery Ltd. (Registered number: 06380419)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Bricknells Toy & Nursery Ltd.

Company Information
for the Year Ended 31 March 2023







DIRECTORS: G H Matthews
Mrs T Matthews





REGISTERED OFFICE: 79 Higher Bore Street
Bodmin
Cornwall
PL31 1JT





BUSINESS ADDRESS: Leachdale
Bodieve
WADEBRIDGE
Cornwall
PL27 6EG





REGISTERED NUMBER: 06380419 (England and Wales)





ACCOUNTANTS: Cornish Accounting Solutions Ltd
Chartered Accountants and Business Specialists
79 Higher Bore Street
Bodmin
Cornwall
PL31 1JT

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Bricknells Toy & Nursery Ltd.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bricknells Toy & Nursery Ltd. for the year ended 31 March 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Bricknells Toy & Nursery Ltd., as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bricknells Toy & Nursery Ltd. and state those matters that we have agreed to state to the Board of Directors of Bricknells Toy & Nursery Ltd., as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bricknells Toy & Nursery Ltd. and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Bricknells Toy & Nursery Ltd. has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bricknells Toy & Nursery Ltd.. You consider that Bricknells Toy & Nursery Ltd. is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bricknells Toy & Nursery Ltd.. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Cornish Accounting Solutions Ltd
Chartered Accountants and Business Specialists
79 Higher Bore Street
Bodmin
Cornwall
PL31 1JT


8 November 2023

Bricknells Toy & Nursery Ltd. (Registered number: 06380419)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 855 82
Investments 5 3,000 3,000
3,855 3,082

CURRENT ASSETS
Stocks 26,955 25,895
Debtors 6 345 12,305
Cash at bank and in hand 194 340
27,494 38,540
CREDITORS
Amounts falling due within one year 7 30,596 41,620
NET CURRENT LIABILITIES (3,102 ) (3,080 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

753

2

PROVISIONS FOR LIABILITIES 162 -
NET ASSETS 591 2

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 589 -
SHAREHOLDERS' FUNDS 591 2

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 directors acknowledge their 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.

Bricknells Toy & Nursery Ltd. (Registered number: 06380419)

Balance Sheet - continued
31 March 2023



The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2023 and were signed on its behalf by:





G H Matthews - Director


Bricknells Toy & Nursery Ltd. (Registered number: 06380419)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Bricknells Toy & Nursery Ltd. 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 - 20% on cost
Fixtures and fittings - 20% on cost
Office equipment - 20% on cost

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.

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

Bricknells Toy & Nursery Ltd. (Registered number: 06380419)

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

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Office
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022 3,342 1,217 14,294 18,853
Additions 317 - 700 1,017
At 31 March 2023 3,659 1,217 14,994 19,870
DEPRECIATION
At 1 April 2022 3,260 1,217 14,294 18,771
Charge for year 104 - 140 244
At 31 March 2023 3,364 1,217 14,434 19,015
NET BOOK VALUE
At 31 March 2023 295 - 560 855
At 31 March 2022 82 - - 82

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2022
and 31 March 2023 3,000
NET BOOK VALUE
At 31 March 2023 3,000
At 31 March 2022 3,000

Bricknells Toy & Nursery Ltd. (Registered number: 06380419)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by participating interests - 2,461
Other debtors 89 5,238
Directors' current accounts - 3,643
Prepayments 256 963
345 12,305

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 11,009 14,510
Trade creditors 802 6,699
Amounts owed to participating interests 4,921 -
Corporation tax 12 12
Social security and other taxes 613 336
VAT 1,975 12,760
Other creditors 2,744 1,156
Directors' current accounts 1,593 -
Accrued expenses 6,927 6,147
30,596 41,620

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
G H Matthews
Balance outstanding at start of year 3,644 5,075
Amounts advanced 17,937 21,100
Amounts repaid (23,174 ) (22,531 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,593 ) 3,644

9. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions where they have occurred under normal market conditions.

10. ULTIMATE CONTROLLING PARTY

The company is under the control of its director Mr G H Matthews, by virtue of his shareholding,