IRIS Accounts Production v24.2.0.383 13903334 director 1.4.23 31.3.24 31.3.24 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh139033342023-03-31139033342024-03-31139033342023-04-012024-03-31139033342022-02-08139033342022-02-092023-03-31139033342023-03-3113903334ns15:EnglandWales2023-04-012024-03-3113903334ns14:PoundSterling2023-04-012024-03-3113903334ns10:Director12023-04-012024-03-3113903334ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3113903334ns10:SmallEntities2023-04-012024-03-3113903334ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3113903334ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3113903334ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3113903334ns10:FullAccounts2023-04-012024-03-3113903334ns10:OrdinaryShareClass12023-04-012024-03-3113903334ns10:RegisteredOffice2023-04-012024-03-3113903334ns5:CurrentFinancialInstruments2024-03-3113903334ns5:CurrentFinancialInstruments2023-03-3113903334ns5:Non-currentFinancialInstruments2024-03-3113903334ns5:Non-currentFinancialInstruments2023-03-3113903334ns5:ShareCapital2024-03-3113903334ns5:ShareCapital2023-03-3113903334ns5:RetainedEarningsAccumulatedLosses2024-03-3113903334ns5:RetainedEarningsAccumulatedLosses2023-03-3113903334ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-03-3113903334ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-03-3113903334ns10:OrdinaryShareClass12024-03-3113903334ns5:RetainedEarningsAccumulatedLosses2023-03-3113903334ns5:RetainedEarningsAccumulatedLosses2023-04-012024-03-31
REGISTERED NUMBER: 13903334 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

BLUE BRICKS LONDON LIMITED

BLUE BRICKS LONDON LIMITED (REGISTERED NUMBER: 13903334)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BLUE BRICKS LONDON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Mr G Georgallis





REGISTERED OFFICE: Solar House
282 Chase Road
London
N14 6NZ





REGISTERED NUMBER: 13903334 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ

BLUE BRICKS LONDON LIMITED (REGISTERED NUMBER: 13903334)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 6,920,000 6,920,000

CURRENT ASSETS
Debtors 5 46,346 88,651
Cash at bank 9,019 -
55,365 88,651
CREDITORS
Amounts falling due within one year 6 3,702,940 6,867,594
NET CURRENT LIABILITIES (3,647,575 ) (6,778,943 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,272,425

141,057

CREDITORS
Amounts falling due after more than one
year

7

3,043,478

-
NET ASSETS 228,947 141,057

CAPITAL AND RESERVES
Called up share capital 8 300 300
Retained earnings 9 228,647 140,757
SHAREHOLDERS' FUNDS 228,947 141,057

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

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

BLUE BRICKS LONDON LIMITED (REGISTERED NUMBER: 13903334)

BALANCE SHEET - continued
31 MARCH 2024


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 director and authorised for issue on 2 September 2024 and were signed by:





Mr G Georgallis - Director


BLUE BRICKS LONDON LIMITED (REGISTERED NUMBER: 13903334)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Blue Bricks London 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.

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

BLUE BRICKS LONDON LIMITED (REGISTERED NUMBER: 13903334)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 6,920,000
NET BOOK VALUE
At 31 March 2024 6,920,000
At 31 March 2023 6,920,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 46,346 88,651

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Tax 26,586 33,017
Rents in advance 23,750 23,750
Directors' current accounts 3,606,967 6,806,027
Accrued expenses 45,637 4,800
3,702,940 6,867,594

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans more 5 yr by instal 3,043,478 -

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 3,043,478 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
300 Ordinary £1 300 300

BLUE BRICKS LONDON LIMITED (REGISTERED NUMBER: 13903334)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


9. RESERVES
Retained
earnings
£   

At 1 April 2023 140,757
Profit for the year 87,890
At 31 March 2024 228,647