Company Registration No. 09820530 (England and Wales)
ABBEY BRICKWORK LIMITED
Unaudited accounts
for the year ended 31 March 2023
ABBEY BRICKWORK LIMITED
Unaudited accounts
Contents
ABBEY BRICKWORK LIMITED
Company Information
for the year ended 31 March 2023
Directors
Mr D Carroll
Mr J Houlihan
Company Number
09820530 (England and Wales)
Registered Office
West Clayton Business Centre
Berry Lane
Chorleywood
Hertfordshire
WD3 5EX
England
Accountants
GIA Foley & Co Ltd
West Clayton Business Centre
Berry Lane
Chorleywood
Hertfordshire
WD3 5EX
ABBEY BRICKWORK LIMITED
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
193,654
164,992
Creditors: amounts falling due within one year
(122,897)
(105,131)
Net current assets
142,250
157,710
Total assets less current liabilities
148,472
158,287
Creditors: amounts falling due after more than one year
(124,642)
(156,464)
Called up share capital
4
3
Profit and loss account
23,826
1,820
Shareholders' funds
23,830
1,823
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2023 and were signed on its behalf by
Mr D Carroll
Director
Company Registration No. 09820530
ABBEY BRICKWORK LIMITED
Notes to the Accounts
for the year ended 31 March 2023
ABBEY BRICKWORK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09820530. The registered office is West Clayton Business Centre, Berry Lane , Chorleywood, Hertfordshire, WD3 5EX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% straight line
Motor vehicles
20% straight line
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2022
1,319
2,850
4,169
At 31 March 2023
1,319
10,200
11,519
At 1 April 2022
1,074
2,518
3,592
Charge for the year
147
1,558
1,705
At 31 March 2023
1,221
4,076
5,297
At 31 March 2023
98
6,124
6,222
At 31 March 2022
245
332
577
ABBEY BRICKWORK LIMITED
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Other debtors
71,235
96,871
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
31,611
29,435
Taxes and social security
17,676
13,071
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
124,642
156,464
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan
36,514
26,176
133,675
(70,985)
Loan
44,145
85,586
74,708
55,023
80,659
111,762
208,383
(15,962)
Included in debtors is an amount of £50,023 (2022: £44,145) owed to the company by the director Mr J Houlihan at the year end. The loans are interest free and repayable on demand.
Included in creditors is an amount of £70,985 (2022: £36,514 included in Debtors) owed by the company to the director Mr D Carroll at the year end. The loans are interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).