0 22/06/2023 30/06/2024 2024-06-30 false false false false false false false true false false true false false false false true true false No description of principal activities is disclosed 2023-06-22 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 14953811 2023-06-22 2024-06-30 14953811 2024-06-30 14953811 2023-06-21 14953811 core:FurnitureFittingsToolsEquipment 2023-06-22 2024-06-30 14953811 bus:Director1 2023-06-22 2024-06-30 14953811 core:FurnitureFittingsToolsEquipment 2024-06-30 14953811 core:ShareCapital 2023-06-22 2024-06-30 14953811 core:RetainedEarningsAccumulatedLosses 2023-06-22 2024-06-30 14953811 core:WithinOneYear 2024-06-30 14953811 core:ShareCapital 2024-06-30 14953811 core:RetainedEarningsAccumulatedLosses 2024-06-30 14953811 core:PreviouslyStatedAmount core:ShareCapital 2024-06-30 14953811 bus:Director1 2024-06-30 14953811 bus:SmallEntities 2023-06-22 2024-06-30 14953811 bus:AuditExempt-NoAccountantsReport 2023-06-22 2024-06-30 14953811 bus:SmallCompaniesRegimeForAccounts 2023-06-22 2024-06-30 14953811 bus:PrivateLimitedCompanyLtd 2023-06-22 2024-06-30 14953811 bus:FullAccounts 2023-06-22 2024-06-30
Company registration number: 14953811
Bricksearch Ltd
Trading as Bricksearch Ltd
Unaudited filleted financial statements
30 June 2024
Bricksearch Ltd
Contents
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Bricksearch Ltd
Statement of financial position
30 June 2024
30/06/24
Note £ £
Fixed assets
Tangible assets 4 862
_______
862
Current assets
Debtors 5 20
_______
20
Creditors: amounts falling due
within one year 6 ( 1,047)
_______
Net current liabilities ( 1,027)
_______
Total assets less current liabilities ( 165)
Provisions for liabilities ( 216)
_______
Net liabilities ( 381)
_______
Capital and reserves
Called up share capital 1
Profit and loss account ( 382)
_______
Shareholders deficit ( 381)
_______
For the period ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 13 February 2025 , and are signed on behalf of the board by:
Mr B Wishart
Director
Company registration number: 14953811
Bricksearch Ltd
Statement of changes in equity
Period ended 30 June 2024
Called up share capital Profit and loss account Total
£ £ £
At 22 June 2023 - - -
Loss for the period ( 382) ( 382)
_______ _______ _______
Total comprehensive income for the period - ( 382) ( 382)
Issue of shares 1 1
_______ _______ _______
Total investments by and distributions to owners 1 - 1
_______ _______ _______
At 30 June 2024 1 ( 382) ( 381)
_______ _______ _______
Bricksearch Ltd
Notes to the financial statements
Period ended 30 June 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Suite Ff10 Brooklands House, 58 Marlborough Road, Lancing, West Sussex, BN15 8AF.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
At 30 June 2024 the company had excess liabilities over assets totalling £381. The company is dependent upon the continued financial support of the director and on the basis that this support is forthcoming, the director consider it appropriate for the financial statements to be prepared on the going concern basis.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment - 20 % straight line
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Tangible assets
Fixtures, fittings and equipment Total
£ £
Cost
At 22 June 2023 - -
Additions 1,078 1,078
_______ _______
At 30 June 2024 1,078 1,078
_______ _______
Depreciation
At 22 June 2023 - -
Charge for the year 216 216
_______ _______
At 30 June 2024 216 216
_______ _______
Carrying amount
At 30 June 2024 862 862
_______ _______
5. Debtors
30/06/24
£
Other debtors 20
_______
6. Creditors: amounts falling due within one year
30/06/24
£
Other creditors 1,047
_______
7. Directors advances, credits and guarantees
During the period the director entered into the following advances and credits with the company:
Period ended 30 June 202430 June 2024 Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
Mr B Wishart - ( 647) ( 647)
_______ _______ _______