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REGISTERED NUMBER: 01605318 (England and Wales)














Unaudited Financial Statements for the Year Ended 31 October 2023

for

M. BLISS (SUBCONTRACT BRICKWORK) LIMITED

M. BLISS (SUBCONTRACT BRICKWORK) LIMITED (REGISTERED NUMBER: 01605318)






Contents of the Financial Statements
for the year ended 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M. BLISS (SUBCONTRACT BRICKWORK) LIMITED

Company Information
for the year ended 31 OCTOBER 2023







DIRECTORS: M J Bliss
M E Bliss





SECRETARY: M E Bliss





REGISTERED OFFICE: 155 Wellingborough Road
Rushden
Northamptonshire
NN10 9TB





REGISTERED NUMBER: 01605318 (England and Wales)





ACCOUNTANTS: Elsby & Co
155 Wellingborough Road
Rushden
Northamptonshire
NN10 9TB

M. BLISS (SUBCONTRACT BRICKWORK) LIMITED (REGISTERED NUMBER: 01605318)

Balance Sheet
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 206,037 164,981
Investments 5 1,738 2,051
Investment property 6 270,000 270,000
477,775 437,032

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 7 510,744 412,666
Cash in hand 1,337 -
517,081 417,666
CREDITORS
Amounts falling due within one year 8 630,914 553,001
NET CURRENT LIABILITIES (113,833 ) (135,335 )
TOTAL ASSETS LESS CURRENT LIABILITIES 363,942 301,697

CREDITORS
Amounts falling due after more than one
year

9

(33,314

)

-

PROVISIONS FOR LIABILITIES (128,127 ) (112,946 )
NET ASSETS 202,501 188,751

CAPITAL AND RESERVES
Called up share capital 11 100 100
Fair value reserve 12 15,709 15,709
Retained earnings 186,692 172,942
SHAREHOLDERS' FUNDS 202,501 188,751

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

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

M. BLISS (SUBCONTRACT BRICKWORK) LIMITED (REGISTERED NUMBER: 01605318)

Balance Sheet - continued
31 OCTOBER 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 June 2024 and were signed on its behalf by:





M J Bliss - Director


M. BLISS (SUBCONTRACT BRICKWORK) LIMITED (REGISTERED NUMBER: 01605318)

Notes to the Financial Statements
for the year ended 31 OCTOBER 2023

1. STATUTORY INFORMATION

M. Bliss (Subcontract Brickwork) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing
stock to its present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

M. BLISS (SUBCONTRACT BRICKWORK) LIMITED (REGISTERED NUMBER: 01605318)

Notes to the Financial Statements - continued
for the year ended 31 OCTOBER 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Investments
Fixed asset investments comprising listed securities are stated at cost less provision for diminution in value.

Provision to rectify works
Provision is made for the cost of labour, materials and transport required to rectify brickwork undertaken in the period.

Investments
Fixed asset investments comprising listed securities are stated at fair value. Any gain or loss on fair value is transferred to the profit and loss account.

Long term contracts
Profit on long term contracts have been attributed to accounting periods based upon their degree of completion at the accounting period end date and the expected overall profit. The valuation in the balance sheet is at net cost, less foreseeable losses and payments on account.

3. EMPLOYEES

The average number of employees during the year was 7 (2022 - 8 ) .

M. BLISS (SUBCONTRACT BRICKWORK) LIMITED (REGISTERED NUMBER: 01605318)

Notes to the Financial Statements - continued
for the year ended 31 OCTOBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 November 2022 1,051,379 56,366 111,993 1,219,738
Additions 36,237 - 41,138 77,375
Disposals - - (25,469 ) (25,469 )
At 31 October 2023 1,087,616 56,366 127,662 1,271,644
DEPRECIATION
At 1 November 2022 916,417 53,432 84,908 1,054,757
Charge for year 25,680 440 10,199 36,319
Eliminated on disposal - - (25,469 ) (25,469 )
At 31 October 2023 942,097 53,872 69,638 1,065,607
NET BOOK VALUE
At 31 October 2023 145,519 2,494 58,024 206,037
At 31 October 2022 134,962 2,934 27,085 164,981

The net book value of tangible fixed assets includes £ 37,710 in respect of assets held under hire purchase contracts.

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 November 2022 2,051
Revaluations (313 )
At 31 October 2023 1,738
NET BOOK VALUE
At 31 October 2023 1,738
At 31 October 2022 2,051

Cost or valuation at 31 October 2023 is represented by:

Other
investments
£   
Valuation in 2020 1,474
Valuation in 2021 678
Valuation in 2022 (101 )
Valuation in 2023 (313 )
1,738

M. BLISS (SUBCONTRACT BRICKWORK) LIMITED (REGISTERED NUMBER: 01605318)

Notes to the Financial Statements - continued
for the year ended 31 OCTOBER 2023

5. FIXED ASSET INVESTMENTS - continued

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 4,056 4,056

Fixed asset investments were valued on a fair value basis on 31 October 2022 by the directors .

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2022
and 31 October 2023 270,000
NET BOOK VALUE
At 31 October 2023 270,000
At 31 October 2022 270,000

Fair value at 31 October 2023 is represented by:
£   
Valuation in 2022 19,393
Cost 250,607
270,000

The investment properties were valued on an open market value basis on 31 October 2022 by the directors .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 431,763 332,551
Other debtors 78,981 80,115
510,744 412,666

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 98,887 57,097
Hire purchase contracts 3,087 -
Trade creditors 182,754 159,864
Taxation and social security 52,791 80,743
Other creditors 293,395 255,297
630,914 553,001

M. BLISS (SUBCONTRACT BRICKWORK) LIMITED (REGISTERED NUMBER: 01605318)

Notes to the Financial Statements - continued
for the year ended 31 OCTOBER 2023

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 33,314 -

10. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank overdrafts 98,887 57,097
Hire purchase contracts 36,401 -
135,288 57,097

There is a bank overdraft facility of up to £150,000 which is secured against an investment property owned by the company (7 Dane Ridge, Duston). There is also a fixed and floating charge against the assets of the company.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

12. RESERVES
Fair
value
reserve
£   
At 1 November 2022
and 31 October 2023 15,709