REGISTERED NUMBER: 03678444 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Red Brick Management Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

I J Harvey

Red Brick (Stevenage) Limited

L C W Shaw

M A Miller

SECRETARY:

I J Harvey

REGISTERED OFFICE:

Chequers House

162 High Street

Stevenage

Hertfordshire

SG1 3LL

REGISTERED NUMBER:

03678444 (England and Wales)

ACCOUNTANTS:

Braceys Accountants Limited

Unit 1 The Cam Centre

Wilbury Way

Hitchin

Hertfordshire

SG4 0TW

FIXED ASSETS

Tangible assets

4

8,105

13,102

CURRENT ASSETS

Debtors

5

43,367

82,170

Cash and cash equivalents

315,363

209,644

358,730

291,814

CREDITORS

Amounts falling due within one year

6

295,430

282,501

NET CURRENT ASSETS

63,300

9,313

TOTAL ASSETS LESS CURRENT LIABILITIES

71,405

22,415

PROVISIONS FOR LIABILITIES

912

1,974

NET ASSETS

70,493

20,441

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

70,393

20,341

SHAREHOLDERS' FUNDS

70,493

20,441

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 November 2025 and were signed on its behalf by:

I J Harvey - Director

1.	STATUTORY INFORMATION

Red Brick Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The functional currency of the company is sterling. Amounts are round to the nearest £1.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Where amounts are billed in advance the amount is recorded as deferred income and released in the relevant period.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

10% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of

business. Trade debtors are recognised at the transaction price. Amounts are reviewed periodically and where amounts are not considered recoverable, amounts are written off net of recoverable vat to the profit and loss account.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course f business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2024 - 19 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 May 2024

and 30 April 2025

814

17,325

84,115

102,254

DEPRECIATION

At 1 May 2024

803

13,522

74,827

89,152

Charge for year

3

380

4,614

4,997

At 30 April 2025

806

13,902

79,441

94,149

NET BOOK VALUE

At 30 April 2025

8

3,423

4,674

8,105

At 30 April 2024

11

3,803

9,288

13,102

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

8,842

57,171

Other debtors

4,874

4,874

Directors' current accounts

1,384

326

Prepayments

28,267

19,799

43,367

82,170

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

56,107

6,337

Tax

9,804

89,172

Social security and other taxes

-

8,979

VAT

47,941

50,155

Other creditors

4,459

4,163

Deferred income

173,482

119,744

Pensions payable

3,637

3,217

Directors' loan accounts

-

91

Accrued expenses

-

643

295,430

282,501

7.	SECURED DEBTS

There is a fixed and floating charge held over all assets of the company in favour of HSBC Bank PLC, dated 11 October 2011.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary shares

£1

100

100

9.	RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £1,384 by the Director, I Harvey (2024: £91) was owed) and £nil was owed by L Shaw, Director (2024: £326). The amount was repaid after the year end. £326.