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REGISTERED NUMBER: 07899414 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023

FOR

BRICK MORT INVESTMENTS LTD

BRICK MORT INVESTMENTS LTD (REGISTERED NUMBER: 07899414)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 JANUARY 2023




Page

Statement of Financial Position 1

Notes to the Financial Statements 2


BRICK MORT INVESTMENTS LTD (REGISTERED NUMBER: 07899414)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 20,677 20,778
Investments 5 130 130
20,807 20,908

CURRENT ASSETS
Debtors 6 505,030 487,511
Cash at bank and in hand 11,294 12,840
516,324 500,351
CREDITORS
Amounts falling due within one year 7 246,553 205,881
NET CURRENT ASSETS 269,771 294,470
TOTAL ASSETS LESS CURRENT
LIABILITIES

290,578

315,378

CREDITORS
Amounts falling due after more than one
year

8

44,376

46,980
NET ASSETS 246,202 268,398

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 246,102 268,298
SHAREHOLDERS' FUNDS 246,202 268,398

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 30 January 2024 and were signed on its behalf by:





Mrs G G Savage - Director


BRICK MORT INVESTMENTS LTD (REGISTERED NUMBER: 07899414)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 JANUARY 2023

1. STATUTORY INFORMATION

Brick Mort Investments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07899414

Registered office: 1 Kings Avenue
London
N21 3NA

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.

Significant judgements and estimates
In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period. or in the period of the revision and future periods where the revision affects both current and future periods.

There are no significant judgements or estimates involved in the preparation of the financial statements.

Revenue
Revenue represents the value of work carried out in respect of services provided to customers and guaranteed rent received during the accounting period. Revenue is recognised when services are rendered to the customers.

Property, plant and equipment
Property, plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses. Such cost includes costs directly attributable to making the assets capable of operating as intended.

The carrying value of tangible assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery - 25% on reducing balance.

The company has adopted the policy of not depreciating its tangible assets in the year of purchase, but full depreciation will be provided in the year of disposal.

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 statement of financial position date.


BRICK MORT INVESTMENTS LTD (REGISTERED NUMBER: 07899414)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 JANUARY 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the statement of financial position 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.

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.

Investments
Fixed assets investments are stated at cost less impairment.

Cash and cash equivalents
Cash and cash equivalents in the statement of financial position comprise cash at banks and in hand, short term deposits with an original maturity date of one month. Cash equivalents are defined as short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.

Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 2 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
£   
COST
At 1 February 2022 35,465
Additions 5,093
At 31 January 2023 40,558
DEPRECIATION
At 1 February 2022 14,687
Charge for year 5,194
At 31 January 2023 19,881
NET BOOK VALUE
At 31 January 2023 20,677
At 31 January 2022 20,778

BRICK MORT INVESTMENTS LTD (REGISTERED NUMBER: 07899414)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 JANUARY 2023

5. FIXED ASSET INVESTMENTS
Share in
associates
£   
COST
At 1 February 2022
and 31 January 2023 130
NET BOOK VALUE
At 31 January 2023 130
At 31 January 2022 130

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 505,030 487,511

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 6,249 3,645
Trade creditors 2,514 5,594
Taxation and social security 20 2,232
Other creditors 237,770 194,410
246,553 205,881

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 44,376 46,980

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Rent deposit deed 3,930 3,930

Rent deposit held is secured against all the monies due to the landlord during the lease term.

10. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Included in the other debtors less than one year, is an amount of £82,165 (2022: £84,665) due from connected entities under common control.The loans were interest free and repayable on demand.

Included in the other creditors less than one year, is an amount of £107,016 (2022: £107,016) due to connected entities under common control. The loans were interest free and repayable on demand.