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REGISTERED NUMBER: 03006419 (England and Wales)







FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

BRICKWOOD LIMITED

BRICKWOOD LIMITED (REGISTERED NUMBER: 03006419)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BRICKWOOD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTOR: C R Ford





REGISTERED OFFICE: 84 Bridge Road
Chertsey
Surrey
KT16 8LA





REGISTERED NUMBER: 03006419 (England and Wales)





ACCOUNTANTS: BENEDICTS
873 High Road
North Finchley
London
N12 8QA

BRICKWOOD LIMITED (REGISTERED NUMBER: 03006419)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 86,289
Investment property 5 350,000 -
350,000 86,289

CURRENT ASSETS
Debtors 6 1,056 -
Cash at bank 33,407 28,691
34,463 28,691
CREDITORS
Amounts falling due within one year 7 4,349 5,356
NET CURRENT ASSETS 30,114 23,335
TOTAL ASSETS LESS CURRENT
LIABILITIES

380,114

109,624

PROVISIONS FOR LIABILITIES 8 50,105 -
NET ASSETS 330,009 109,624

CAPITAL AND RESERVES
Called up share capital 9 200 200
Retained earnings 10 329,809 109,424
SHAREHOLDERS' FUNDS 330,009 109,624

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

BRICKWOOD LIMITED (REGISTERED NUMBER: 03006419)

BALANCE SHEET - continued
30 NOVEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 January 2025 and were signed by:





C R Ford - Director


BRICKWOOD LIMITED (REGISTERED NUMBER: 03006419)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Brickwood Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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.
Freehold property - 2% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


BRICKWOOD LIMITED (REGISTERED NUMBER: 03006419)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 December 2023 92,197
Reclassification/transfer (92,197 )
At 30 November 2024 -
DEPRECIATION
At 1 December 2023 5,908
Reclassification/transfer (5,908 )
At 30 November 2024 -
NET BOOK VALUE
At 30 November 2024 -
At 30 November 2023 86,289

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Revaluations 263,711
Reclassification/transfer 86,289
At 30 November 2024 350,000
NET BOOK VALUE
At 30 November 2024 350,000

BRICKWOOD LIMITED (REGISTERED NUMBER: 03006419)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

5. INVESTMENT PROPERTY - continued

Fair value at 30 November 2024 is represented by:
£   
Valuation in 2024 263,711
Cost 86,289
350,000

The investment property was valued on an open market basis on 30 November 2024 by the director .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments 1,056 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation 1,590 1,250
Intercompany balance 277 -
Directors' current accounts 683 1,250
Rent received in advance - 1,056
Accruals 1,799 1,800
4,349 5,356

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 50,105 -

Deferred
tax
£   
Revaluation of property 50,105
Balance at 30 November 2024 50,105

9. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
200 Share capital 200 200 200

BRICKWOOD LIMITED (REGISTERED NUMBER: 03006419)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

10. RESERVES
Retained
earnings
£   

At 1 December 2023 109,424
Profit for the year 220,385
At 30 November 2024 329,809

Retained earnings includes undistributable profit and loss reserve of £213,606 (2023: £Nil) relating to revaluation of the investment property and distributable profit and loss reserve of £116,203 (2023: £109,424).