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Company Registration No. 11511387 (England and Wales)
Back to Bricks Limited Unaudited accounts for the year ended 31 August 2024
Back to Bricks Limited Unaudited accounts Contents
Page
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Back to Bricks Limited Company Information for the year ended 31 August 2024
Director
Mrs Kelly Marie Gardner
Company Number
11511387 (England and Wales)
Registered Office
124 Hungerhill Road Kimberworth Rotherham South Yorkshire S61 3NP United Kingdom
Accountants
Symmetry Accounting Services Limited 124 Hungerhill Road Rotherham South Yorkshire S61 3NP
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Back to Bricks Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
997,024 
781,599 
Current assets
Debtors
1,300 
3,847 
Cash at bank and in hand
65,915 
47,239 
67,215 
51,086 
Creditors: amounts falling due within one year
(542,800)
(285,215)
Net current liabilities
(475,585)
(234,129)
Total assets less current liabilities
521,439 
547,470 
Creditors: amounts falling due after more than one year
(480,000)
(480,000)
Net assets
41,439 
67,470 
Capital and reserves
Called up share capital
360 
360 
Profit and loss account
41,079 
67,110 
Shareholders' funds
41,439 
67,470 
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 October 2024 and were signed on its behalf by
Mrs Kelly Marie Gardner Director Company Registration No. 11511387
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Back to Bricks Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Back to Bricks Limited is a private company, limited by shares, registered in England and Wales, registration number 11511387. The registered office is 124 Hungerhill Road, Kimberworth, Rotherham, South Yorkshire, S61 3NP, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Back to Bricks Limited Notes to the Accounts for the year ended 31 August 2024
Charges Summary
TSB Bank PLC holds the following charges over Company assets: Charge code 1151 1387 0004 Created on 19/11/2021 Charge secured against 17 Hammerton Road investment property Charge code 1151 1387 0003 Created on 19/11/2021 Charge secured against 505 Middlewood Road investment property Charge code 1151 1387 0002 Created on 19/11/2021 Charge secured against 65-69 Hawksley Avenue investment property Charge code 1151 1387 0001 Created on 15/11/2021 Fixed charge
4
Investment property
2024 
£ 
Fair value at 1 September 2023
781,599 
Additions
215,425 
At 31 August 2024
997,024 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
166 
- 
Deferred tax asset
1,134 
3,847 
1,300 
3,847 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
1,661 
Taxes and social security
- 
4,854 
Loans from directors
542,800 
278,700 
542,800 
285,215 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
480,000 
480,000 
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Back to Bricks Limited Notes to the Accounts for the year ended 31 August 2024
8
Deferred taxation
2024 
2023 
£ 
£ 
Tax losses carried forward
(1,134)
(3,847)
2024 
2023 
£ 
£ 
Provision at start of year
(3,847)
(1,697)
Charged/(credited) to the profit and loss account
2,713 
(2,150)
Provision at end of year
(1,134)
(3,847)
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
306 Ordinary shares of £1 each
306 
306 
18 Ordinary A shares of £1 each
18 
18 
18 Ordinary B shares of £1 each
18 
18 
18 Ordinary C shares of £1 each
18 
18 
360 
360 
10
Transactions with related parties
Sales income includes £21,769 (2023: £49,788) of sales to related party businesses. The Company paid a dividend of £37,600 (2023: £46,200) to the director and shareholder, Mrs Kelly Gardner, on 31st March 2024.
11
Controlling party
The Company is controlled by Mrs Kelly Gardner, by virtue of her shareholding.
12
Average number of employees
During the year the average number of employees was 1 (2023: 2).
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