Acorah Software Products - Accounts Production 15.0.600 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 12696574 Mr Samuel Cooke iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12696574 2023-06-30 12696574 2024-06-30 12696574 2023-07-01 2024-06-30 12696574 frs-core:CurrentFinancialInstruments 2024-06-30 12696574 frs-core:PlantMachinery 2023-07-01 2024-06-30 12696574 frs-core:SharePremium 2024-06-30 12696574 frs-core:ShareCapital 2024-06-30 12696574 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 12696574 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12696574 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 12696574 frs-bus:SmallEntities 2023-07-01 2024-06-30 12696574 frs-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 12696574 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 12696574 frs-bus:Director1 2023-07-01 2024-06-30 12696574 frs-bus:Director1 2023-06-30 12696574 frs-bus:Director1 2024-06-30 12696574 frs-countries:EnglandWales 2023-07-01 2024-06-30 12696574 2022-06-30 12696574 2023-06-30 12696574 2022-07-01 2023-06-30 12696574 frs-core:CurrentFinancialInstruments 2023-06-30 12696574 frs-core:SharePremium 2023-06-30 12696574 frs-core:ShareCapital 2023-06-30 12696574 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 12696574
Blue Bricks Magazine Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Elementary Accountancy Services Limited
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountants' Report
Chartered Accountants' report to the director on the preparation of the unaudited statutory accounts of Blue Bricks Magazine Ltd For The Year Ended 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Blue Bricks Magazine Ltd For The Year Ended 30 June 2024 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the director of Blue Bricks Magazine Ltd , as a body, in accordance with the terms of our engagement letter dated 26 January 2021. Our work has been undertaken solely to prepare for your approval the accounts of Blue Bricks Magazine Ltd and state those matters that we have agreed to state to the director of Blue Bricks Magazine Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Blue Bricks Magazine Ltd and its director, as a body, for our work or for this report.
It is your duty to ensure that Blue Bricks Magazine Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Blue Bricks Magazine Ltd . You consider that Blue Bricks Magazine Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Blue Bricks Magazine Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
11/10/2024
Elementary Accountancy Services Limited
36 Dearne Hall Lane
Barnsley
S751FX
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Balance Sheet
Registered number: 12696574
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 491 -
491 -
CURRENT ASSETS
Debtors 4 15,127 3,233
Cash at bank and in hand 16,424 7,267
31,551 10,500
Creditors: Amounts Falling Due Within One Year 5 (26,670 ) (22,460 )
NET CURRENT ASSETS (LIABILITIES) 4,881 (11,960 )
TOTAL ASSETS LESS CURRENT LIABILITIES 5,372 (11,960 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (93 ) -
NET ASSETS/(LIABILITIES) 5,279 (11,960 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Share premium account 4,990 4,990
Profit and Loss Account 189 (17,050 )
SHAREHOLDERS' FUNDS 5,279 (11,960)
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For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Samuel Cooke
Director
11/10/2024
The notes on pages 4 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Blue Bricks Magazine Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12696574 . The registered office is Hub 26, Hunsworth Lane, Cleckheaton, BD19 4LN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue relates to membership subscriptions recieved and advertising services provided both online and within the copmany magazine. 
Membership fees are recognised as recieved on a monthly basis in line with accsess to services which members enjoy each month. Advertising is recognised in the month that advertising services are provided. 
Turnover from event sales are recognised in line with the event date.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Straight Line
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 5,899 3,185
Prepayments and accrued income 717 48
VAT 5,631 -
Director's loan account 2,880 -
15,127 3,233
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,479 669
Corporation tax 3,010 1,553
Other creditors 8,932 8,932
Accruals and deferred income 11,249 3,574
Director's loan account - 7,732
26,670 22,460
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 July 2023 Amounts advanced Amounts repaid Amounts written off As at 30 June 2024
£ £ £ £ £
Mr Samuel Cooke - 2,880 - - 2,880
The above loan is unsecured, interest free and repayable on demand.
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