Registered number
11059033
Brickfield Consulting Ltd
Filleted Accounts
31 March 2024
Brickfield Consulting Ltd
Registered number: 11059033
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 - 277
Current assets
Debtors 4 381,959 86,276
Cash at bank and in hand 116,937 476,942
498,896 563,218
Creditors: amounts falling due within one year 5 (72,315) (149,663)
Net current assets 426,581 413,555
Net assets 426,581 413,832
Capital and reserves
Called up share capital 100 100
Profit and loss account 426,481 413,732
Shareholders' funds 426,581 413,832
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
T M Stone
Director
Approved by the board on 21 October 2024
Brickfield Consulting Ltd
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 33.33% or 20% straight line
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 3
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2023 2,964
At 31 March 2024 2,964
Depreciation
At 1 April 2023 2,687
Charge for the year 277
At 31 March 2024 2,964
Net book value
At 31 March 2024 -
At 31 March 2023 277
4 Debtors 2024 2023
£ £
Trade debtors 9,713 46,641
Other debtors 372,246 39,635
381,959 86,276
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 7,733 6,724
Taxation and social security costs 61,537 130,869
Other creditors 3,045 12,070
72,315 149,663
6 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
T M Stone
Loan account which is repayable on demand and on which interest is payable at the HMRC official rate 39,635 341,602 (10,000) 371,237
39,635 341,602 (10,000) 371,237
7 Other information
Brickfield Consulting Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Hill House
Wonersh Common Road
Guildford
Surrey
GU5 0PR
Brickfield Consulting Ltd 11059033 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts October 2023 release 2 T M Stone No description of principal activity 11059033 2022-04-01 2023-03-31 11059033 core:WithinOneYear 2023-03-31 11059033 core:ShareCapital 2023-03-31 11059033 core:RetainedEarningsAccumulatedLosses 2023-03-31 11059033 2023-04-01 2024-03-31 11059033 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11059033 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 11059033 bus:Director40 2023-04-01 2024-03-31 11059033 1 2023-04-01 2024-03-31 11059033 2 2023-04-01 2024-03-31 11059033 core:PlantMachinery 2023-04-01 2024-03-31 11059033 bus:Director1 2023-04-01 2024-03-31 11059033 bus:Director1 1 2023-04-01 2024-03-31 11059033 countries:England 2023-04-01 2024-03-31 11059033 bus:FRS102 2023-04-01 2024-03-31 11059033 bus:FullAccounts 2023-04-01 2024-03-31 11059033 2024-03-31 11059033 core:WithinOneYear 2024-03-31 11059033 core:ShareCapital 2024-03-31 11059033 core:RetainedEarningsAccumulatedLosses 2024-03-31 11059033 core:PlantMachinery 2024-03-31 11059033 bus:Director1 1 2024-03-31 11059033 2023-03-31 11059033 core:PlantMachinery 2023-03-31 11059033 bus:Director1 1 2023-03-31 iso4217:GBP xbrli:pure