Relate AccountsProduction v2.7.2 v2.7.2 2022-08-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts pub 4 October 2023 0 0 10689135 2023-07-31 10689135 2022-07-31 10689135 2021-07-31 10689135 2022-08-01 2023-07-31 10689135 2021-08-01 2022-07-31 10689135 uk-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 10689135 uk-curr:PoundSterling 2022-08-01 2023-07-31 10689135 uk-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 10689135 uk-bus:AbridgedAccounts 2022-08-01 2023-07-31 10689135 uk-core:ShareCapital 2023-07-31 10689135 uk-core:ShareCapital 2022-07-31 10689135 uk-core:RetainedEarningsAccumulatedLosses 2023-07-31 10689135 uk-core:RetainedEarningsAccumulatedLosses 2022-07-31 10689135 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-07-31 10689135 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-07-31 10689135 uk-bus:FRS102 2022-08-01 2023-07-31 10689135 uk-core:FurnitureFittingsToolsEquipment 2022-08-01 2023-07-31 10689135 2022-08-01 2023-07-31 10689135 uk-bus:Director1 2022-08-01 2023-07-31 10689135 uk-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
Bare Brick Leisure Limited
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 July 2023



Bare Brick Leisure Limited
Company Registration Number: 10689135
ABRIDGED BALANCE SHEET
as at 31 July 2023

2023 2022
Notes £ £
 
Fixed Assets
Tangible assets 4 21,970 25,258
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Current Assets
Stocks 19,532 14,064
Debtors 65,055 63,489
Cash and cash equivalents 32,310 83,435
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116,897 160,988
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Creditors: amounts falling due within one year (88,809) (91,561)
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Net Current Assets 28,088 69,427
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Total Assets less Current Liabilities 50,058 94,685
 
Provisions for liabilities (1,377) (4,799)
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Net Assets 48,681 89,886
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Capital and Reserves
Called up share capital 1 1
Retained earnings 48,680 89,885
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Equity attributable to owners of the company 48,681 89,886
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The financial statements have been prepared 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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Director's Report.
For the financial year ended 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 4 October 2023
           
           
________________________________          
Paul Butcher          
Director          
           



Bare Brick Leisure Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 July 2023

   
1. General Information
 
Bare Brick Leisure Limited is a company limited by shares incorporated in the United Kingdom. 14 Mill Street, Bradford, West Yorkshire, BD1 4AB is the registered office, which is also the principal place of business of the company. . pub The financial statements have been presented in Pound Sterling (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 31 July 2023 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Fixtures, fittings and equipment - 10% Straight line
 
Stocks
Stocks are valued at the lower of cost and net realisable value.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Provisions
Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
 
Government grants
Capital grants received and receivable are treated as deferred income and amortised to the Profit and Loss Account annually over the useful economic life of the asset to which it relates. Revenue grants are credited to the Profit and Loss Account when received.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 16, (2022 - 20).
       
4. Tangible assets
  Fixtures, Total
  fittings and  
  equipment  
  £ £
Cost
At 1 August 2022 37,200 37,200
Additions 450 450
  ───────── ─────────
At 31 July 2023 37,650 37,650
  ───────── ─────────
Depreciation
At 1 August 2022 11,942 11,942
Charge for the financial year 3,738 3,738
  ───────── ─────────
At 31 July 2023 15,680 15,680
  ───────── ─────────
Net book value
At 31 July 2023 21,970 21,970
  ═════════ ═════════
At 31 July 2022 25,258 25,258
  ═════════ ═════════
   
5. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.