Chainbrick Limited - Filleted accounts

Registered number

04261825

Chainbrick Limited

Filleted Accounts

31 December 2024

Chainbrick Limited
Registered number:		04261825
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		930,497			931,876

Current assets
Debtors	4	49,596			24,000
Cash at bank and in hand		27,637			35,479
		77,233			59,479

Creditors: amounts falling due within one year	5	(67,622)			(40,991)

Net current assets			9,611			18,488

Net assets			940,108			950,364

Capital and reserves
Called up share capital			1			1
Profit and loss account			940,107			950,363

Shareholder's funds			940,108			950,364

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Patricio Apey
Director
Approved by the board on 22 September 2025

Chainbrick Limited
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land and Buildings, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold property	Not depreciated
	Fixtures & fittings	over 4 years

	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 recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees			2024		2023
Number					Number

	Average number of persons employed by the company			1		1


3	Tangible fixed assets
		Freehold property		Fixtures & fittings		Total
£			£		£
	Cost
	At 1 January 2024	929,389		13,375		929,389
	At 31 December 2024	929,389		13,375		929,389

	Depreciation
	At 1 January 2024	-		10,888		10,888
	Charge for the year	-		1,379		1,379
	At 31 December 2024	-		12,267		12,267

	Net book value
	At 31 December 2024	929,389		1,108		930,497
	At 31 December 2023	929,389		2,487		931,876


4	Debtors			2024		2023
£					£

	Trade debtors			49,000		24,000
	Other debtors			596		-
				49,596		24,000


5	Creditors: amounts falling due within one year			2024		2023
£					£

	Trade creditors			58,506		30,072
	Accruals			1,000		900
	Director's loan account			8,116		10,019
				67,622		40,991


6	Controlling party

	Patricia Apey is considered to be the ultimate controlling party by reason of his shareholding.



7	Other information

	Chainbrick Limited is a private company limited by shares and incorporated in England. Its registered office is:

	Rear Suite, 1st Floor
	Pilgrim House, Packhorse Road
	Gerrards Cross
	Bucks
	SL9 7QE