Registered number
12308455
BRICKS MANAGEMENT LTD
Filleted Accounts
30 September 2023
BRICKS MANAGEMENT LTD
Registered number: 12308455
Balance Sheet
as at 30 September 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 274 157
Investment property 4 191,059 184,480
191,333 184,637
Current assets
Debtors 5 347 46
Cash at bank and in hand 305 491
652 537
Creditors: amounts falling due within one year 6 (121,107) (102,575)
Net current liabilities (120,455) (102,038)
Total assets less current liabilities 70,878 82,599
Creditors: amounts falling due after more than one year 7 (91,373) (91,373)
Net liabilities (20,495) (8,774)
Capital and reserves
Called up share capital 100 100
Profit and loss account (20,595) (8,874)
Shareholder's funds (20,495) (8,774)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S Harrison
Director
Approved by the board on 7 March 2024
BRICKS MANAGEMENT LTD
Notes to the Accounts
for the year ended 30 September 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Cost of investment property comprises its purchase price, including legal and professional fees, and all costs directly attributable to bringing the property to the condition necessary for it to be capable of operating in the way intended by management. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Investment Property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently where appropriate measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 October 2022 172
Additions 178
At 30 September 2023 350
Depreciation
At 1 October 2022 15
Charge for the year 61
At 30 September 2023 76
Net book value
At 30 September 2023 274
At 30 September 2022 157
4 Investment Property
Investment
property
£
Cost
At 1 October 2022 184,480
Additions 6,579
At 30 September 2023 191,059
5 Debtors 2023 2022
£ £
Other debtors 347 46
6 Creditors: amounts falling due within one year 2023 2022
£ £
Loans from related parties 40,594 27,855
Loan from related company 80,207 74,720
Other creditors 306 -
121,107 102,575
7 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 65,408 65,408
Loan from related company 25,965 25,965
91,373 91,373
8 Loans 2023 2022
£ £
Creditors include:
Amounts payable otherwise than by instalment falling due for payment after more than five years 65,408 65,408
Secured bank loans (legal mortgage) 65,408 65,408
9 Related party transactions
During the year a director made loans to the Company totalling £12,739 (2022 £27,703). Interest is charged below market rate and the loans are repayable on demand.

During the year a company under common control made loans to the Company totalling £5,487 (2022 net loans made £74,720). No interest is charged and the loans are repayable on demand.
10 Other information
BRICKS MANAGEMENT LTD is a private company limited by shares and incorporated in England. Its registered office is:
8 Drayton Close
Great Sankey
Warrington
Cheshire
WA5 1ZJ
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