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REGISTERED NUMBER: 09510458 (England and Wales)















REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

MILES & O' DONNELL BRICKWORK LTD

MILES & O' DONNELL BRICKWORK LTD (REGISTERED NUMBER: 09510458)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


MILES & O' DONNELL BRICKWORK LTD

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: M C Miles
D O'Donnell





SECRETARY:





REGISTERED OFFICE: Unit 1 Rumbush Farm Business Park
Rumbush Lane
Earlswood
Solihull
B94 5LW





REGISTERED NUMBER: 09510458 (England and Wales)





ACCOUNTANTS: Bee-Line Accounts Services Ltd
Unit1 Rumbush Farm Bus.Park
Rumbush Lane
Earlswood
Solihull
West Midlands
B94 5LW

MILES & O' DONNELL BRICKWORK LTD (REGISTERED NUMBER: 09510458)

REPORT OF THE DIRECTORS
for the Year Ended 31 March 2024

The directors present their report with the financial statements of the company for the year ended 31 March 2024.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2023 to the date of this report.

M C Miles
D O'Donnell

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





M C Miles - Director


3 October 2024

MILES & O' DONNELL BRICKWORK LTD (REGISTERED NUMBER: 09510458)

INCOME STATEMENT
for the Year Ended 31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   

TURNOVER 1,125,538 1,461,582

Cost of sales 988,185 1,346,755
GROSS PROFIT 137,353 114,827

Distribution costs 818 -
Administrative expenses 89,373 93,485
90,191 93,485
47,162 21,342

Other operating income 170 -
OPERATING PROFIT 4 47,332 21,342


Interest payable and similar expenses 1,443 -
PROFIT BEFORE TAXATION 45,889 21,342

Tax on profit 9,425 4,194
PROFIT FOR THE FINANCIAL YEAR 36,464 17,148

MILES & O' DONNELL BRICKWORK LTD (REGISTERED NUMBER: 09510458)

BALANCE SHEET
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 5,994 7,711

CURRENT ASSETS
Debtors 6 320,889 391,539
Cash at bank and in hand 486,397 374,207
807,286 765,746
CREDITORS
Amounts falling due within one year 7 217,673 205,981
NET CURRENT ASSETS 589,613 559,765
TOTAL ASSETS LESS CURRENT
LIABILITIES

595,607

567,476

CREDITORS
Amounts falling due after more than one year 8 21,667 -
NET ASSETS 573,940 567,476

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 573,840 567,376
SHAREHOLDERS' FUNDS 573,940 567,476

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 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.

MILES & O' DONNELL BRICKWORK LTD (REGISTERED NUMBER: 09510458)

BALANCE SHEET - continued
31 March 2024


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 Board of Directors and authorised for issue on 3 October 2024 and were signed on its behalf by:




M C Miles - Director



D O'Donnell - Director


MILES & O' DONNELL BRICKWORK LTD (REGISTERED NUMBER: 09510458)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Miles & O' Donnell 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 etc - 25% on reducing balance

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 2 (2023 - 2 ) .

MILES & O' DONNELL BRICKWORK LTD (REGISTERED NUMBER: 09510458)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

4. OPERATING PROFIT

The operating profit is stated after charging:

31.3.24 31.3.23
£    £   
Depreciation - owned assets 1,998 2,570

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 18,944
Additions 281
At 31 March 2024 19,225
DEPRECIATION
At 1 April 2023 11,233
Charge for year 1,998
At 31 March 2024 13,231
NET BOOK VALUE
At 31 March 2024 5,994
At 31 March 2023 7,711

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 23,199 23,199
Amounts owed by associates 63,876 -
Other debtors 233,814 368,340
320,889 391,539

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 166,015 205,845
Other creditors 51,658 136
217,673 205,981

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 21,667 -