4_Brick_Court_Chambers_Ltd_31_Mar_2025_companies_house_set_of

Company registration number:

04732659

4 Brick Court Chambers Management Limited

Unaudited Filleted Financial Statements for the year ended

31 March 2025

4 Brick Court Chambers Management Limited

Report to the board of directors on the preparation of the unaudited statutory financial statements of 4 Brick Court Chambers Management Limited

Year ended

31 March 2025

As described on the statement of financial position, the Board of Directors of

4 Brick Court Chambers Management Limited

are responsible for the preparation of the

financial statements

for the year ended

31 March 2025

, which comprise the income statement, statement of financial position and related notes.

You consider that the company is exempt from an audit under the Companies Act 2006.

In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

GALLAGHER & BROCKLEHURST

Accountants

50-52 Brookmans Business Park

Great North Road

Brookmans Park

Hertfordshire

AL9 6NE

United Kingdom

Date:

6 June 2025

4 Brick Court Chambers Management Limited

Statement of Financial Position

31 March 2025

		2025		2024
	Note	£		£
Current assets
Debtors	5	11,449		62,999
Cash at bank and in hand		226,803		192,716
		238,252		255,715
Creditors: amounts falling due within one year	6	(71,097	)	(91,223	)
Net current assets		167,155		164,492
Total assets less current liabilities		167,155		164,492
Capital and reserves
Called up share capital		172,789		172,789
Profit and loss account		(5,634	)	(8,297	)
Shareholders funds		167,155		164,492

For the year ending

31 March 2025

, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
The directors acknowledge 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.

In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.

These

financial statements

were approved by the board of directors and authorised for issue on

6 June 2025

, and are signed on behalf of the board by:

I Watson

Director

Company registration number:

04732659

4 Brick Court Chambers Management Limited

Notes to the Financial Statements

Year ended

31 March 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

50-52 Brookmans Business Park

,

Brookmans Park

,

Hertfordshire

,

AL9 6NE

, England.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to 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 assets.

The

financial statements

are prepared in sterling, which is the functional currency of the company.

The statement of income and retained earnings on page 5 is a statement of income received and expenses paid during the 12 months to the year end, except that:

a) Contributions from Members are the amounts due and not amounts received during the year. This income is derived from a fixed monthly charge which all members pay together with a percentage of the fees received by each member. In order to enable these monthly levies to be rendered on time, each Member's monthly percentage levy is based upon that Member's previous month's receipts.

b) Expense accruals and provisions, which were unpaid at the year end, are included.

c) Only substantial expense prepayments at the balance sheet date are carried forward into the next accounting year.

Rights to amend

The company retains the right to amend these financial statements, if required.

Tangible assets

The directors have deemed that the company's tangible fixed assets have no value, so any additions, sale and/or improvement to the property, office equipment, library and its other facilities have and will in the future be written off directly to the income and expenditure account, as was the position in the Chambers' previous administrative state. This is contrary to Current Accounting Standards, but the directors believe this to be the correct treatment for a mutual trading company, such as this.

Revenue & taxation recognition

The company has no turnover as it is a mutual trading entity. As none of the company's income and property can be shared by any Member and no Member is allowed to benefit from the company's winding up, taxation is thus due only on its investment income and it has no deferred tax liabilities or assets.

4 Average number of employees

The average number of persons employed by the company during the year was

8

(2024:

10.00

).

5 Debtors

	2025	2024
	£	£
Trade debtors	11,449	12,860
Other debtors	-	50,139
	11,449	62,999

6 Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	42,717	66,840
Taxation and social security	26,942	23,093
Other creditors	1,438	1,290
	71,097	91,223

7 Directors' advances, credit and guarantees

None of the directors have any interest in any contracts with the company, except so far as they are Members of the company. I M Watson is declared as the person with significant control, however there is no controlling party, as the company is controlled by its Management Committee Members, who all have equal voting rights.