42 false false false false false false false false false true false false false false false false No description of principal activity 2022-01-01 Sage Accounts Production Advanced 2021 - FRS102_2021 225,892 220,271 2,933 223,204 2,688 5,621 xbrli:pure xbrli:shares iso4217:GBP 09170265 2022-01-01 2022-12-31 09170265 2022-12-31 09170265 2021-12-31 09170265 2021-01-01 2021-12-31 09170265 2021-12-31 09170265 core:PlantMachinery 2022-01-01 2022-12-31 09170265 core:FurnitureFittings 2022-01-01 2022-12-31 09170265 bus:RegisteredOffice 2022-01-01 2022-12-31 09170265 bus:LeadAgentIfApplicable 2022-01-01 2022-12-31 09170265 bus:Director2 2022-01-01 2022-12-31 09170265 bus:Director5 2022-01-01 2022-12-31 09170265 bus:Director8 2022-01-01 2022-12-31 09170265 bus:Director9 2022-01-01 2022-12-31 09170265 core:PlantMachinery 2021-12-31 09170265 core:FurnitureFittings 2021-12-31 09170265 core:PlantMachinery 2022-12-31 09170265 core:FurnitureFittings 2022-12-31 09170265 core:WithinOneYear 2022-12-31 09170265 core:WithinOneYear 2021-12-31 09170265 core:AfterOneYear 2022-12-31 09170265 core:AfterOneYear 2021-12-31 09170265 core:ShareCapital 2022-12-31 09170265 core:ShareCapital 2021-12-31 09170265 core:SharePremium 2022-12-31 09170265 core:SharePremium 2021-12-31 09170265 core:RetainedEarningsAccumulatedLosses 2022-12-31 09170265 core:RetainedEarningsAccumulatedLosses 2021-12-31 09170265 core:PlantMachinery 2021-12-31 09170265 core:FurnitureFittings 2021-12-31 09170265 bus:SmallEntities 2022-01-01 2022-12-31 09170265 bus:AuditExemptWithAccountantsReport 2022-01-01 2022-12-31 09170265 bus:FullAccounts 2022-01-01 2022-12-31 09170265 bus:SmallCompaniesRegimeForAccounts 2022-01-01 2022-12-31 09170265 bus:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 09170265 core:IntangibleAssetsOtherThanGoodwill 2022-01-01 2022-12-31 09170265 core:IntangibleAssetsOtherThanGoodwill 2022-12-31 09170265 core:IntangibleAssetsOtherThanGoodwill 2021-12-31
COMPANY REGISTRATION NUMBER: 09170265
Bricklane Technologies Limited
Filleted Unaudited Financial Statements
31 December 2022
Bricklane Technologies Limited
Financial Statements
Year ended 31 December 2022
Contents
Page
Officers and professional advisers
1
Chartered certified accountants report to the board of directors on the preparation of the unaudited statutory financial statements
2
Statement of financial position
3
Notes to the financial statements
5
Bricklane Technologies Limited
Officers and Professional Advisers
The board of directors
M N Young
S Heawood
C Lauterpacht
G Dewerpe
Registered office
20 Baltic Street
London
EC1Y 0UL
Accountants
Complete Accounting Solutions
Chartered Certified Accountants
727-729 High Road
London
N12 0BP
Bricklane Technologies Limited
Chartered Certified Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Bricklane Technologies Limited
Year ended 31 December 2022
As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 31 December 2022, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
Complete Accounting Solutions Chartered Certified Accountants
727-729 High Road London N12 0BP
13 March 2024
Bricklane Technologies Limited
Statement of Financial Position
31 December 2022
2022
2021
Note
£
£
Fixed assets
Intangible assets
5
2,688
5,621
Tangible assets
6
44,715
31,215
--------
--------
47,403
36,836
Current assets
Debtors
7
939,226
817,723
Cash at bank and in hand
8,448,513
834,285
------------
------------
9,387,739
1,652,008
Creditors: amounts falling due within one year
8
828,611
454,948
------------
------------
Net current assets
8,559,128
1,197,060
------------
------------
Total assets less current liabilities
8,606,531
1,233,896
Creditors: amounts falling due after more than one year
9
22,201
4,122,643
------------
------------
Net assets/(liabilities)
8,584,330
( 2,888,747)
------------
------------
Capital and reserves
Called up share capital
10
9
5
Share premium account
24,553,856
8,442,639
Profit and loss account
( 15,969,535)
( 11,331,391)
-------------
-------------
Shareholders funds
8,584,330
( 2,888,747)
-------------
-------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Bricklane Technologies Limited
Statement of Financial Position (continued)
31 December 2022
These financial statements were approved by the board of directors and authorised for issue on 13 March 2024 , and are signed on behalf of the board by:
M N Young
Director
Company registration number: 09170265
Bricklane Technologies Limited
Notes to the Financial Statements
Year ended 31 December 2022
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 20 Baltic Street, London, EC1Y 0UL.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis as modified by the revaluation of certain fixed assets. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern In our opinion, on the basis of information and enquiries that are pertinent to the company's circumstances and which we believe to be adequate, it is appropriate to continue to treat the company as a going concern. In particular we believe that adequate cash resources will be available to cover the company's requirements for working capital for at least twelve months from the date of signing the financial statements. Revenue recognition Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax. Income tax The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Foreign currencies Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account. Intangible assets Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Other
-
33% straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery
-
25% straight line
Fixtures and fittings
-
25% straight line
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 42 (2021: 27 ).
5. Intangible assets
Other
£
Cost
At 1 January 2022 and 31 December 2022
225,892
---------
Amortisation
At 1 January 2022
220,271
Charge for the year
2,933
---------
At 31 December 2022
223,204
---------
Carrying amount
At 31 December 2022
2,688
---------
At 31 December 2021
5,621
---------
6. Tangible assets
Plant and machinery
Fixtures and fittings
Total
£
£
£
Cost
At 1 January 2022
52,303
1,199
53,502
Additions
32,737
32,737
Disposals
( 2,632)
( 2,632)
--------
-------
--------
At 31 December 2022
82,408
1,199
83,607
--------
-------
--------
Depreciation
At 1 January 2022
21,906
381
22,287
Charge for the year
18,901
336
19,237
Disposals
( 2,632)
( 2,632)
--------
-------
--------
At 31 December 2022
38,175
717
38,892
--------
-------
--------
Carrying amount
At 31 December 2022
44,233
482
44,715
--------
-------
--------
At 31 December 2021
30,397
818
31,215
--------
-------
--------
7. Debtors
2022
2021
£
£
Trade debtors
97,772
14,831
Amounts owed by group undertakings and undertakings in which the company has a participating interest
12,596
Other debtors
841,454
790,296
---------
---------
939,226
817,723
---------
---------
The debtors above include the following amounts falling due after more than one year:
2022
2021
£
£
Other debtors
1,556
----
-------
8. Creditors: amounts falling due within one year
2022
2021
£
£
Bank loans
7,010
6,354
Trade creditors
465,246
194,604
Amounts owed to group undertakings and undertakings in which the company has a participating interest
2,162
Social security and other taxes
288,360
89,523
Other creditors
65,833
164,467
---------
---------
828,611
454,948
---------
---------
9. Creditors: amounts falling due after more than one year
2022
2021
£
£
Bank loans
22,201
29,867
Other creditors
4,092,776
--------
------------
22,201
4,122,643
--------
------------
10. Called up share capital
During the year, the company issued 3,769,621 equity shares of £0.000001 each for a total consideration of £16,336,352.