Company Registration No. 3888693 (England and Wales)
Bricks & Mortar Contractors Limited
Unaudited accounts
for the year ended 31 December 2024
Bricks & Mortar Contractors Limited
Unaudited accounts
Contents
Bricks & Mortar Contractors Limited
Company Information
for the year ended 31 December 2024
Director
Ernest Mervyn Savidge
Company Number
3888693 (England and Wales)
Registered Office
1 Hayfield
Leybourne
West Malling
Kent
ME19 5PX
UK
Accountants
Beacon Tax Solutions Ltd
20 Knavewood Road
Kemsing
Sevenoaks
Kent
TN15 6RH
Bricks & Mortar Contractors Limited
Statement of financial position
as at 31 December 2024
Tangible assets
11,175
14,257
Cash at bank and in hand
18,771
16,474
Creditors: amounts falling due within one year
(33,400)
(57,027)
Net current assets/(liabilities)
5,001
(5,869)
Total assets less current liabilities
16,176
8,388
Creditors: amounts falling due after more than one year
(15,390)
(26,934)
Net assets/(liabilities)
786
(18,546)
Called up share capital
2
2
Profit and loss account
784
(18,548)
Shareholders' funds
786
(18,546)
For the year ending 31 December 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 his 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 24 April 2025 and were signed on its behalf by
Ernest Mervyn Savidge
Director
Company Registration No. 3888693
Bricks & Mortar Contractors Limited
Notes to the Accounts
for the year ended 31 December 2024
Bricks & Mortar Contractors Limited is a private company, limited by shares, registered in England and Wales, registration number 3888693. The registered office is 1 Hayfield, Leybourne, West Malling, Kent, ME19 5PX, UK.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom accounting standards (United Kingdom Generally Accepted Accounting Practice) which have been applied consistently (except as otherwise stated).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% per annum on cost
Motor vehicles
25% per annum on cost
Fixtures & fittings
25% per annum on cost
Computer equipment
33.3% per annum on cost
Other tangible fixed assets
10% reducing balance basis
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 is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Bricks & Mortar Contractors Limited
Notes to the Accounts
for the year ended 31 December 2024
Leasing and hire purchase commitments
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Stocks and work in progress
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2024
44,359
29,647
6,653
3,392
84,051
At 31 December 2024
44,614
29,647
6,653
3,392
84,306
At 1 January 2024
37,393
22,666
6,466
3,269
69,794
Charge for the year
838
2,329
47
123
3,337
At 31 December 2024
38,231
24,995
6,513
3,392
73,131
At 31 December 2024
6,383
4,652
140
-
11,175
At 31 December 2023
6,966
6,981
187
123
14,257
Amounts falling due within one year
Trade debtors
12,575
20,563
Accrued income and prepayments
230
132
Amounts falling due after more than one year
Bricks & Mortar Contractors Limited
Notes to the Accounts
for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,168
10,648
Obligations under finance leases and hire purchase contracts
2,208
5,160
Trade creditors
5,976
10,765
Taxes and social security
(3,960)
660
Other creditors
2,485
2,025
Loans from directors
2,175
2,625
Net obligations under finance lease and hire purchase contracts are secured by fixed charges on the assets concerned.
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
3,963
6,016
The bank loan is a bounce back loan of £50,000 from HSBC taken out in July 2020 - repayments commenced in the 2021 Financial Year and to last for five years at 2.5% p.a. Current value outstanding at 31/12/2024 is £21,595 (2023: £31,566)
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Operating lease commitments
2024
2023
At 31 December 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
2,208
3,239
Later than one year and not later than five years
3,963
8,367
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan from director with no interest and repayable on demand.
(2,625)
19,701
19,251
(2,175)
(2,625)
19,701
19,251
(2,175)
Bricks & Mortar Contractors Limited
Notes to the Accounts
for the year ended 31 December 2024
11
Transactions with related parties
Included in creditors is a loan from the director, Mr E Savidge which is interest free and repayable on demand.
The ultimate controlling party is Mr. E Savidge who owns 100% of the issued share capital.
13
Average number of employees
During the year the average number of employees was 1 (2023: 1).