1 December 2022 false No description of principal activity Taxfiler 2024.6 08758090business:PrivateLimitedCompanyLtd2022-12-012023-11-30 087580902022-11-30 087580902022-12-012023-11-30 08758090business:AuditExemptWithAccountantsReport2022-12-012023-11-30 08758090business:AbridgedAccounts2022-12-012023-11-30 087580902023-11-30 08758090business:Director12022-12-012023-11-30 08758090business:RegisteredOffice2022-12-012023-11-30 087580902022-11-30 08758090core:WithinOneYear2023-11-30 08758090core:WithinOneYear2022-11-30 08758090core:AfterOneYear2023-11-30 08758090core:AfterOneYear2022-11-30 08758090core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 08758090core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 08758090core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 08758090core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 08758090core:PreviouslyStatedAmount2023-11-30 08758090core:PreviouslyStatedAmount2022-11-30 08758090business:SmallEntities2022-12-012023-11-30 08758090countries:EnglandWales2022-12-012023-11-30 08758090core:FurnitureFittings2022-12-012023-11-30 087580902021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 08758090 (England and Wales)
Brickfest Limited Unaudited accounts for the year ended 30 November 2023
Brickfest Limited Unaudited accounts Contents
Page
- 2 -
Brickfest Limited Company Information for the year ended 30 November 2023
Director
Alexander Halpern
Company Number
08758090 (England and Wales)
Registered Office
73 Fairholt Road London N16 5EW England
- 3 -
Brickfest Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,408 
5,374 
Investment property
1,849,466 
1,805,966 
1,852,874 
1,811,340 
Current assets
Debtors
557,788 
550,684 
Cash at bank and in hand
33,841 
77,898 
591,629 
628,582 
Creditors: amounts falling due within one year
(308,968)
(289,163)
Net current assets
282,661 
339,419 
Total assets less current liabilities
2,135,535 
2,150,759 
Creditors: amounts falling due after more than one year
(1,448,407)
(1,394,733)
Provisions for liabilities
Deferred tax
(128,606)
(128,606)
Net assets
558,522 
627,420 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
558,521 
627,419 
Shareholders' funds
558,522 
627,420 
For the year ending 30 November 2023 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 10 September 2024 and were signed on its behalf by
Alexander Halpern Director Company Registration No. 08758090
- 4 -
Brickfest Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Brickfest Limited is a private company, limited by shares, registered in England and Wales, registration number 08758090. The registered office is 73 Fairholt Road, London, N16 5EW, England.
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
These financial statements for the year ended 30 November 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing balance basis
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 December 2022
7,164 
Additions
2,766 
At 30 November 2023
9,930 
Depreciation
At 1 December 2022
1,790 
Charge for the year
4,732 
At 30 November 2023
6,522 
Net book value
At 30 November 2023
3,408 
At 30 November 2022
5,374 
- 5 -
Brickfest Limited Notes to the Accounts for the year ended 30 November 2023
5
Transactions with related parties
Included within debtors are amounts aggregating to 497,793 (2022: 501,163) due from companies with a director in common with this company.
6
Average number of employees
During the year the average number of employees was 2 (2022: 1).
- 6 -