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REGISTERED NUMBER: 04958933 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 30 November 2023

for

Brix & Mortar Limited

Brix & Mortar Limited (Registered number: 04958933)






Contents of the Financial Statements
for the year ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Brix & Mortar Limited

Company Information
for the year ended 30 November 2023







DIRECTORS: M S Hooper
A W Hooper





SECRETARY: M S Hooper





REGISTERED OFFICE: Adelphi Chambers
30 Hoghton Street
Southport
Merseyside
PR9 0NZ





REGISTERED NUMBER: 04958933 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
Adelphi Chambers
30 Hoghton Street
Southport
Merseyside
PR9 0NZ

Brix & Mortar Limited (Registered number: 04958933)

Balance Sheet
30 November 2023

2023 2022
Notes £ £
FIXED ASSETS
Investment property 4 525,000 419,000

CURRENT ASSETS
Cash at bank 121,423 104,270

CREDITORS
Amounts falling due within one year 5 (60,128 ) (53,559 )
NET CURRENT ASSETS 61,295 50,711
TOTAL ASSETS LESS CURRENT
LIABILITIES

586,295

469,711

CREDITORS
Amounts falling due after more than one year 6 (60,000 ) (60,000 )

PROVISIONS FOR LIABILITIES 7 (46,745 ) (23,695 )
NET ASSETS 479,550 386,016

CAPITAL AND RESERVES
Called up share capital 8 9,000 9,000
Fair value reserve 9 207,378 124,428
Retained earnings 263,172 252,588
SHAREHOLDERS' FUNDS 479,550 386,016

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 Board of Directors and authorised for issue on 14 August 2024 and were signed on its behalf by:





M S Hooper - Director


Brix & Mortar Limited (Registered number: 04958933)

Notes to the Financial Statements
for the year ended 30 November 2023

1. STATUTORY INFORMATION

Brix & Mortar 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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.

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 which includes deferred tax on property revaluations.

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 and unrealised gains recognised on the revaluation of property . 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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 December 2022 419,000
Revaluations 106,000
At 30 November 2023 525,000
NET BOOK VALUE
At 30 November 2023 525,000
At 30 November 2022 419,000

Brix & Mortar Limited (Registered number: 04958933)

Notes to the Financial Statements - continued
for the year ended 30 November 2023

4. INVESTMENT PROPERTY - continued

Fair value at 30 November 2023 is represented by:
£
Valuation in 2004 11,000
Valuation in 2007 95,000
Valuation in 2018 42,123
Valuation in 2023 106,000
Cost 270,877
525,000

If investment property had not been revalued it would have been included at the following historical cost:

2023 2022
£ £
Cost 270,877 270,877

Investment property was valued on an open market basis on 30 November 2023 by the directors .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Taxation and social security 7,878 8,032
Other creditors 52,250 45,527
60,128 53,559

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£ £
Other creditors 60,000 60,000

7. PROVISIONS FOR LIABILITIES
2023 2022
£ £
Deferred tax 46,745 23,695

Deferred tax
£
Balance at 1 December 2022 23,695
Provided during year 23,050
Balance at 30 November 2023 46,745

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
9,000 Ordinary £1 9,000 9,000

Brix & Mortar Limited (Registered number: 04958933)

Notes to the Financial Statements - continued
for the year ended 30 November 2023

9. RESERVES
Fair value
reserve
£
At 1 December 2022 124,428
Deferred tax provision (23,050 )
Transfer to/from fair value reserve 106,000

At 30 November 2023 207,378

10. RELATED PARTY DISCLOSURES

Creditors include £110,484 (2022: £103,935) due to Bubbles & Fizz Ltd, a company which is controlled by the directors.

11. ULTIMATE CONTROLLING PARTY

The company is controlled jointly by the directors.