REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 July 2022 to 31 December 2023 |
for |
Mybricks Finance Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 July 2022 to 31 December 2023 |
for |
Mybricks Finance Limited |
Mybricks Finance Limited (Registered number: 13457692) |
Contents of the Financial Statements |
for the Period 1 July 2022 to 31 December 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Mybricks Finance Limited |
Company Information |
for the Period 1 July 2022 to 31 December 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
9 Shottery Brook Office Park |
Timothys Bridge Road |
Stratford-Upon-Avon |
CV37 9NR |
Mybricks Finance Limited (Registered number: 13457692) |
Balance Sheet |
31 December 2023 |
31.12.23 | 30.6.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
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 |
Mybricks Finance Limited (Registered number: 13457692) |
Notes to the Financial Statements |
for the Period 1 July 2022 to 31 December 2023 |
1. | STATUTORY INFORMATION |
Mybricks Finance Limited is a |
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. |
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. |
These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £. |
Going concern |
The financial statements have been prepared on a break up basis. |
Significant judgements and estimates |
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. |
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Taxation |
Taxation for the period 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 period 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 period was NIL (2022 - NIL). |
Mybricks Finance Limited (Registered number: 13457692) |
Notes to the Financial Statements - continued |
for the Period 1 July 2022 to 31 December 2023 |
4. | FIXED ASSET INVESTMENTS |
Details of Investments (including principal place of business of unincorporated entities) in which the company owns 100% of the nominal value of any class of share capital are follows: |
Name of Undertaking |
Registered Office |
Class of Share Held |
Proportion of voting rights and shares held |
Subsidiary undertakings | 2022 |
MB Platform Limited |
Office 514 Gibb Street, The Greenhouse, Birmingham, B9 4AA |
Ordinary |
100.00% |
MB Renovate Limited |
Office 514 Gibb Street, The Greenhouse, Birmingham, B9 4AA |
Ordinary |
100.00% |
MB Rentals Limited |
Office 514 Gibb Street, The Greenhouse, Birmingham, B9 4AA |
Ordinary |
100.00% |
The principal activity of MB Platform Limited is other business support service activities not elsewhere classified. |
The principal activity of MB Renovate Limited is other business support service activities not elsewhere classified. |
The principal activity of MB Rentals Limited is other business support service activities not elsewhere classified. |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.23 | 30.6.22 |
£ | £ |
Amounts owed by group undertakings |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.23 | 30.6.22 |
£ | £ |
Amounts owed to group undertakings |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.12.23 | 30.6.22 |
£ | £ |
Other creditors |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.12.23 | 30.6.22 |
value: | £ | £ |
Ordinary | 1 | 7,500 | 7,500 |
Seed | 1 | 2,500 | 2,500 |
10,000 | 10,000 |
9. | RELATED PARTY DISCLOSURES |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |