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REGISTERED NUMBER: 07008119 (England and Wales)















REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

LONDON BOROUGH BRICKWORKS LIMITED

LONDON BOROUGH BRICKWORKS LIMITED (Registered number: 07008119)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 SEPTEMBER 2023




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


LONDON BOROUGH BRICKWORKS LIMITED

COMPANY INFORMATION
for the Year Ended 30 SEPTEMBER 2023







DIRECTOR: S Ginley



SECRETARY: Mrs S. Ginley



REGISTERED OFFICE: The Annexe,
Minerva House,
Bordyke,
Tonbridge,
Kent
TN9 1NR



REGISTERED NUMBER: 07008119 (England and Wales)



ACCOUNTANTS: Bennett & Co
The Annexe
Minerva House
Bordyke
Tonbridge
Kent
TN9 1NR



BANKERS: HSBC Bank PLC

LONDON BOROUGH BRICKWORKS LIMITED (Registered number: 07008119)

REPORT OF THE DIRECTOR
for the Year Ended 30 SEPTEMBER 2023

The director presents his report with the financial statements of the company for the year ended 30 September 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of Brickwork Contractors.

DIVIDENDS
No interim dividend was paid during the year. The director recommends a final dividend of £180 per share.

The total distribution of dividends for the year ended 30 September 2023 will be £ 18,000 .

DIRECTOR
S Ginley held office during the whole of the period from 1 October 2022 to the date of this report.

ON BEHALF OF THE BOARD:





S Ginley - Director


4 September 2024

LONDON BOROUGH BRICKWORKS LIMITED (Registered number: 07008119)

INCOME STATEMENT
for the Year Ended 30 SEPTEMBER 2023

30.9.23 30.9.22
Notes £    £   

TURNOVER 101,369 109,900

Cost of sales 15,922 16,588
GROSS PROFIT 85,447 93,312

Administrative expenses 55,088 53,608
OPERATING PROFIT and
PROFIT BEFORE TAXATION 30,359 39,704

Tax on profit 5 5,600 7,407
PROFIT FOR THE FINANCIAL YEAR 24,759 32,297

LONDON BOROUGH BRICKWORKS LIMITED (Registered number: 07008119)

BALANCE SHEET
30 SEPTEMBER 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 7 8,500 9,000

CURRENT ASSETS
Stocks 8 5,672 3,896
Debtors 9 36,639 43,146
Cash at bank and in hand 42,134 31,153
84,445 78,195
CREDITORS
Amounts falling due within one year 10 47,410 48,419
NET CURRENT ASSETS 37,035 29,776
TOTAL ASSETS LESS CURRENT
LIABILITIES

45,535

38,776

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 12 45,435 38,676
SHAREHOLDERS' FUNDS 45,535 38,776

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 4 September 2024 and were signed by:





S Ginley - Director


LONDON BOROUGH BRICKWORKS LIMITED (Registered number: 07008119)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 SEPTEMBER 2023

1. STATUTORY INFORMATION

LONDON BOROUGH BRICKWORKS 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & Machinery - 15% on reducing balance
Motor Vehicles - 25% on reducing balance
Office Equipment - 33% 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.

3. EMPLOYEES AND DIRECTORS
30.9.23 30.9.22
£    £   
Wages and salaries 20,100 18,600

LONDON BOROUGH BRICKWORKS LIMITED (Registered number: 07008119)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 SEPTEMBER 2023

3. EMPLOYEES AND DIRECTORS - continued

The average number of employees during the year was as follows:
30.9.23 30.9.22

Management 2 2

30.9.23 30.9.22
£    £   
Director's remuneration 14,400 13,800

4. OPERATING PROFIT

The operating profit is stated after charging:

30.9.23 30.9.22
£    £   
Depreciation - owned assets 3,244 3,189

5. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
30.9.23 30.9.22
£    £   
Current tax:
UK corporation tax 5,600 7,400
Adjustment in respect of
previous year - 7

Tax on profit 5,600 7,407

UK corporation tax has been charged at 19% (2022 - 19%).

6. DIVIDENDS
30.9.23 30.9.22
£    £   
Ordinary Shares shares of £1 each
Final 18,000 18,000

LONDON BOROUGH BRICKWORKS LIMITED (Registered number: 07008119)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 SEPTEMBER 2023

7. TANGIBLE FIXED ASSETS
Plant & Motor Office
Machinery Vehicles Equipment Totals
£    £    £    £   
COST
At 1 October 2022 7,337 8,000 1,758 17,095
Additions 2,744 - - 2,744
At 30 September 2023 10,081 8,000 1,758 19,839
DEPRECIATION
At 1 October 2022 2,337 4,000 1,758 8,095
Charge for year 1,744 1,500 - 3,244
At 30 September 2023 4,081 5,500 1,758 11,339
NET BOOK VALUE
At 30 September 2023 6,000 2,500 - 8,500
At 30 September 2022 5,000 4,000 - 9,000

8. STOCKS
30.9.23 30.9.22
£    £   
Work in Progress 5,672 3,896

9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Other Debtors 3,000 5,429
Taxation Recoverable 32,870 36,427
Value Added Tax 769 1,290
36,639 43,146

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Corporation Tax 5,600 7,400
Director's Loan Account 35,880 35,489
Accrued Expenses 5,930 5,530
47,410 48,419

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.23 30.9.22
value: £    £   
100 Ordinary Shares £1 100 100

LONDON BOROUGH BRICKWORKS LIMITED (Registered number: 07008119)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 SEPTEMBER 2023

12. RESERVES
Retained
earnings
£   

At 1 October 2022 38,676
Profit for the year 24,759
Dividends (18,000 )
At 30 September 2023 45,435