ASSET BRICKS BLOCK MANAGEMENT LTD

Company Registration Number:
12526548 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

ASSET BRICKS BLOCK MANAGEMENT LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

ASSET BRICKS BLOCK MANAGEMENT LTD

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal activities of the company

The principal activity of Asset Brick Block Management during the financial year was the provision of comprehensive property management services. The company specializes in the management, maintenance, and administration of properties, ensuring efficient asset performance and long-term value preservation.



Directors

The director shown below has held office during the whole of the period from
1 April 2023 to 31 March 2024

DIXIT, Rahul


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
6 March 2025

And signed on behalf of the board by:
Name: DIXIT, Rahul
Status: Director

ASSET BRICKS BLOCK MANAGEMENT LTD

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 4,448 8,537
Gross profit(or loss): 4,448 8,537
Distribution costs: ( 153 )
Administrative expenses: ( 4,417 ) ( 7,704 )
Operating profit(or loss): (122) 833
Profit(or loss) before tax: (122) 833
Tax: ( 158 )
Profit(or loss) for the financial year: (122) 675

ASSET BRICKS BLOCK MANAGEMENT LTD

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 51,900 5,800
Cash at bank and in hand: 2,813 1,103
Total current assets: 54,713 6,903
Creditors: amounts falling due within one year: 4 ( 158 ) ( 158 )
Net current assets (liabilities): 54,555 6,745
Total assets less current liabilities: 54,555 6,745
Creditors: amounts falling due after more than one year: 5 ( 54,577 ) ( 6,077 )
Total net assets (liabilities): (22) 668
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (122 ) 568
Total Shareholders' funds: ( 22 ) 668

The notes form part of these financial statements

ASSET BRICKS BLOCK MANAGEMENT LTD

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 6 March 2025
and signed on behalf of the board by:

Name: DIXIT, Rahul
Status: Director

The notes form part of these financial statements

ASSET BRICKS BLOCK MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover policy states that turnover is measured at the fair value of the consideration received or receivable, net of discounts and value-added taxes. It includes revenue earned from the rendering of services, which is recognized by reference to the stage of completion of the contract. The stage of completion is determined by comparing the costs incurred for work performed to date with the total estimated contract costs.

    Other accounting policies

    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 recognized at transaction price, including any transaction costs, and subsequently measured at amortized cost using the effective interest method, adjusted for impairment losses. Creditors Short-term creditors are also measured at transaction price, usually the invoice price. Loans and other financial liabilities are initially recorded at transaction price, net of transaction costs, and later measured at amortized cost using the effective interest method. The company recognizes a current tax liability for tax payable on taxable profit from the current and past periods. A current tax asset is recognized for tax losses that can be carried back to recover previously paid tax. Deferred tax is recognized for all timing differences between the recognition of income and expenses in financial statements and their inclusion in tax assessments. Taxation Unrelieved tax losses and other deferred tax assets are recognized only when it is probable that they will be recovered against future taxable profits or deferred tax liabilities. Deferred tax is measured using the tax rates and laws enacted or substantively enacted by the reporting date and expected to apply when the timing differences reverse. However, for revalued land and investment properties, the tax rate applicable to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

ASSET BRICKS BLOCK MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

ASSET BRICKS BLOCK MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Debtors

2024 2023
£ £
Trade debtors 5,800 5,800
Other debtors 46,100
Total 51,900 5,800

ASSET BRICKS BLOCK MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 158 158
Total 158 158

ASSET BRICKS BLOCK MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 54,577 6,077
Total 54,577 6,077