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REGISTERED NUMBER: 08897433 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 29 February 2024

for

Clwyd Brickwork Ltd

Clwyd Brickwork Ltd (Registered number: 08897433)






Contents of the Financial Statements
for the year ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

Clwyd Brickwork Ltd

Company Information
for the year ended 29 February 2024







DIRECTORS: G Dickinson
Mrs C Dickinson





REGISTERED OFFICE: Bryn Haul
Wern Road
Rhosesmor
Mold
Flintshire
CH7 6PY





REGISTERED NUMBER: 08897433 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
Chartered Accountants
19 Trinity Square
Llandudno
CONWY
LL30 2RD

Clwyd Brickwork Ltd (Registered number: 08897433)

Balance Sheet
29 February 2024

2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 52,443 65,208

CURRENT ASSETS
Stocks 34,899 41,000
Debtors 5 120,773 114,200
Cash at bank 60,747 80,027
216,419 235,227
CREDITORS
Amounts falling due within one year 6 (79,737 ) (88,844 )
NET CURRENT ASSETS 136,682 146,383
TOTAL ASSETS LESS CURRENT
LIABILITIES

189,125

211,591

CREDITORS
Amounts falling due after more than one year 7 (5,382 ) (9,936 )

PROVISIONS FOR LIABILITIES (13,111 ) (16,302 )
NET ASSETS 170,632 185,353

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 8 170,631 185,352
SHAREHOLDERS' FUNDS 170,632 185,353

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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 20 August 2024 and were signed on its behalf by:





G Dickinson - Director


Clwyd Brickwork Ltd (Registered number: 08897433)

Notes to the Financial Statements
for the year ended 29 February 2024

1. STATUTORY INFORMATION

Clwyd Brickwork Ltd 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.

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.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 33% on reducing balance
Motor vehicles - 20% on reducing balance

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.

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
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 4 (2023 - 4 ) .

Clwyd Brickwork Ltd (Registered number: 08897433)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 March 2023 94,283
Additions 438
At 29 February 2024 94,721
DEPRECIATION
At 1 March 2023 29,075
Charge for year 13,203
At 29 February 2024 42,278
NET BOOK VALUE
At 29 February 2024 52,443
At 28 February 2023 65,208

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 8,600 5,400
Other debtors 112,173 108,800
120,773 114,200

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Hire purchase contracts 4,968 4,968
Trade creditors 5,409 260
Taxation and social security 49,863 66,460
Other creditors 19,497 17,156
79,737 88,844

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Hire purchase contracts 5,382 9,936

8. RESERVES
Retained
earnings
£

At 1 March 2023 185,352
Profit for the year 69,279
Dividends (84,000 )
At 29 February 2024 170,631

Clwyd Brickwork Ltd (Registered number: 08897433)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£ £
G Dickinson and Mrs C Dickinson
Balance outstanding at start of year 73,060 66,215
Amounts advanced 33,472 77,772
Amounts repaid - (70,927 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 106,532 73,060

Interest was charged on the above loan in accordance with HMRC recommended rates.

The above loan was repaid within 9 months of the financial year end.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Clwyd Brickwork Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Clwyd Brickwork Ltd for the year ended 29 February 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Clwyd Brickwork Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Clwyd Brickwork Ltd and state those matters that we have agreed to state to the Board of Directors of Clwyd Brickwork Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Clwyd Brickwork Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Clwyd Brickwork Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Clwyd Brickwork Ltd. You consider that Clwyd Brickwork Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Clwyd Brickwork Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bennett Brooks & Co Ltd
Chartered Accountants
19 Trinity Square
Llandudno
CONWY
LL30 2RD


20 August 2024