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REGISTERED NUMBER: NI067924 (Northern Ireland)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

B D Brickwork Ltd

B D Brickwork Ltd (Registered number: NI067924)

Contents of the Financial Statements
for the Year Ended 31 January 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


B D Brickwork Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTOR: B P Doran





SECRETARY: Mrs C Doran





REGISTERED OFFICE: 6 Margaret Street
Newry
Co. Down
BT34 1DF





REGISTERED NUMBER: NI067924 (Northern Ireland)





ACCOUNTANT: E M Sheehan Limited
Chartered Certified Accountants
T/A E M Sheehan & Co
30A Greencastle Street
Kilkeel
Co. Down
BT34 4BH

B D Brickwork Ltd (Registered number: NI067924)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 113,266 92,373
Investment property 5 306,355 -
419,621 92,373

CURRENT ASSETS
Stocks 88,777 138,449
Debtors 6 63,204 59,672
Cash at bank 406,559 591,994
558,540 790,115
CREDITORS
Amounts falling due within one year 7 357,901 214,914
NET CURRENT ASSETS 200,639 575,201
TOTAL ASSETS LESS CURRENT
LIABILITIES

620,260

667,574

B D Brickwork Ltd (Registered number: NI067924)

Balance Sheet - continued
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 620,258 667,572
SHAREHOLDERS' FUNDS 620,260 667,574

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 July 2024 and were signed by:





B P Doran - Director


B D Brickwork Ltd (Registered number: NI067924)

Notes to the Financial Statements
for the Year Ended 31 January 2024


1. STATUTORY INFORMATION

B D Brickwork Ltd is a private company, limited by shares , registered in Northern Ireland. 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.

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 - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

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
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.


B D Brickwork Ltd (Registered number: NI067924)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 16 ) .

B D Brickwork Ltd (Registered number: NI067924)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 February 2023 186,789 3,050 2,343 192,182
Additions 68,914 5,480 274 74,668
Disposals (86,771 ) - - (86,771 )
At 31 January 2024 168,932 8,530 2,617 180,079
DEPRECIATION
At 1 February 2023 95,340 2,264 2,205 99,809
Charge for year 26,076 926 112 27,114
Eliminated on disposal (60,110 ) - - (60,110 )
At 31 January 2024 61,306 3,190 2,317 66,813
NET BOOK VALUE
At 31 January 2024 107,626 5,340 300 113,266
At 31 January 2023 91,449 786 138 92,373

B D Brickwork Ltd (Registered number: NI067924)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 February 2023 92,090
Disposals (30,080 )
At 31 January 2024 62,010
DEPRECIATION
At 1 February 2023 47,718
Charge for year 1,898
Eliminated on disposal (20,289 )
At 31 January 2024 29,327
NET BOOK VALUE
At 31 January 2024 32,683
At 31 January 2023 44,372

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 306,355
At 31 January 2024 306,355
NET BOOK VALUE
At 31 January 2024 306,355

B D Brickwork Ltd (Registered number: NI067924)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.1.24 31.1.23
£    £   
Trade debtors 1,072 20,954
Other debtors 62,132 38,718
63,204 59,672

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.1.24 31.1.23
£    £   
Hire purchase contracts - 1,991
Trade creditors 6,721 3,694
Taxation and social security 40,808 99,893
Other creditors 310,372 109,336
357,901 214,914

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 January 2024 and the period ended 31 January 2023:

31.1.24 31.1.23
£    £   
B P Doran
Balance outstanding at start of year (570 ) (587 )
Amounts advanced 72,115 81,017
Amounts repaid (72,000 ) (81,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (455 ) (570 )