M C Brickwork Contractors Limited 11508407 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is development of building projects. Digita Accounts Production Advanced 6.30.9574.0 true 11508407 2023-04-01 2024-03-31 11508407 2024-03-31 11508407 core:CurrentFinancialInstruments 2024-03-31 11508407 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 11508407 core:FurnitureFittings 2024-03-31 11508407 core:MotorVehicles 2024-03-31 11508407 bus:SmallEntities 2023-04-01 2024-03-31 11508407 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 11508407 bus:FullAccounts 2023-04-01 2024-03-31 11508407 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11508407 bus:RegisteredOffice 2023-04-01 2024-03-31 11508407 bus:Director1 2023-04-01 2024-03-31 11508407 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11508407 core:FurnitureFittings 2023-04-01 2024-03-31 11508407 core:MotorVehicles 2023-04-01 2024-03-31 11508407 countries:AllCountries 2023-04-01 2024-03-31 11508407 2023-03-31 11508407 core:FurnitureFittings 2023-03-31 11508407 core:MotorVehicles 2023-03-31 11508407 2022-04-01 2023-03-31 11508407 2023-03-31 11508407 core:CurrentFinancialInstruments 2023-03-31 11508407 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 11508407 core:FurnitureFittings 2023-03-31 11508407 core:MotorVehicles 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 11508407

M C Brickwork Contractors Limited

Unaudited Financial Statements

for the Year Ended 31 March 2024

 

M C Brickwork Contractors Limited

(Registration number: 11508407)

Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

3

16,140

19,008

Current assets

 

Debtors

4

39,640

97,154

Cash at bank and in hand

 

557,029

597,352

 

596,669

694,506

Creditors: Amounts falling due within one year

5

(104,961)

(184,836)

Net current assets

 

491,708

509,670

Total assets less current liabilities

 

507,848

528,678

Provisions for liabilities

(4,036)

(4,753)

Net assets

 

503,812

523,925

Capital and reserves

 

Called up share capital

2

2

Profit and loss account

503,810

523,923

Shareholders' funds

 

503,812

523,925

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the director on 16 April 2024
 

 

M C Brickwork Contractors Limited

(Registration number: 11508407)

Balance Sheet as at 31 March 2024

.........................................

Mr M A Crowder
Director

 

M C Brickwork Contractors Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

Accounting policies

M C Brickwork Contractors Limited is a private company, limited by shares, domiciled in England and Wales, company number 11508407. The registered office is at Glencairn, Woodhouse Lane, Bolsover, Chesterfield, Derbyshire, S44 6BJ, United Kingdom.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

M C Brickwork Contractors Limited is a company limited by shares incorporated in England within the
United Kingdom. The address of the registered office is given in the company information on page 1 of these financial statements.

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

M C Brickwork Contractors Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Asset class

Depreciation method and rate

Motor Vehicles

25% reducing balance

Fixtures, fittings & equipment

20% reducing balance

Stocks & work in progress

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs. Work in progress is valued at the estimated stage of completion to include all relevant costs to the date of valuation.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

 

M C Brickwork Contractors Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

3

Tangible assets

Fixtures and fittings
£

Motor vehicles
 £

Total
£

Cost

At 1 April 2023

2,334

43,093

45,427

Additions

2,267

-

2,267

At 31 March 2024

4,601

43,093

47,694

Depreciation

At 1 April 2023

913

25,506

26,419

Charge for the year

738

4,397

5,135

At 31 March 2024

1,651

29,903

31,554

Carrying amount

At 31 March 2024

2,950

13,190

16,140

At 31 March 2023

1,421

17,587

19,008

4

Debtors

2024
 £

2023
 £

Other debtors

38,241

95,640

Prepayments

1,399

1,514

39,640

97,154

5

Creditors

2024
 £

2023
 £

Due within one year

Directors current account

80,432

80,432

Corporation tax liability

17,442

77,888

Other creditors

5,457

24,981

Accrued expenses

1,630

1,535

104,961

184,836