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REGISTERED NUMBER: 13457692 (England and Wales)















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: A B Callow





REGISTERED OFFICE: The Old Police Station
South Street
Ashby De La Zouch
Leicestershire
LE65 1BS





REGISTERED NUMBER: 13457692 (England and Wales)





ACCOUNTANTS: Portfolio Accountants Ltd
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 3 3

CURRENT ASSETS
Debtors 5 677,207 535,145

CREDITORS
Amounts falling due within one year 6 78,541 65,209
NET CURRENT ASSETS 598,666 469,936
TOTAL ASSETS LESS CURRENT
LIABILITIES

598,669

469,939

CREDITORS
Amounts falling due after more than one
year

7

426,639

233,951
NET ASSETS 172,030 235,988

CAPITAL AND RESERVES
Called up share capital 8 10,000 10,000
Retained earnings 162,030 225,988
SHAREHOLDERS' FUNDS 172,030 235,988

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 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 director and authorised for issue on 24 September 2024 and were signed by:





A B Callow - Director


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 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.

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 668,707 526,645
Other debtors 8,500 8,500
677,207 535,145

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 30.6.22
£    £   
Amounts owed to group undertakings 6,792 -
Other creditors 71,749 65,209
78,541 65,209

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 30.6.22
£    £   
Other creditors 426,639 233,951

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 30.6.22
value: £    £   
7,500 Ordinary 1 7,500 7,500
2,500 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.