BRICKS & MORTAR VENTURES LTD - Filleted accounts

Registered number

13035468

BRICKS & MORTAR VENTURES LTD

Filleted Accounts

31 March 2025

BRICKS & MORTAR VENTURES LTD
Registered number:		13035468
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		539,845			539,845
			539,845			539,845

Current assets
Stocks		-			-
Debtors	4	20,329			9,999
Cash at bank and in hand		6,959			40,372
		27,288			50,371

Creditors: amounts falling due within one year	5	(79,030)			(63,798)

Net current liabilities			(51,742)			(13,427)

Total assets less current liabilities			488,103			526,418

Creditors: amounts falling due after more than one year	6		(525,366)			(525,366)


Net (liabilities)/assets			(37,263)			1,052
Capital and reserves
Called up share capital			100			100
Profit and loss account			(37,363)			952

Shareholders' funds			(37,263)			1,052

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.

0
Akshay Chawla
Charanjeev Singh Gill
Director
Approved by the board on 25 November 2025

BRICKS & MORTAR VENTURES LTD
Notes to the Accounts
for the year ended 31 March 2025


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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 50 years
	Leasehold land and buildings			over the lease term
	Plant and machinery			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years


	Going Concern
	The accounts have been prepared on an going concern basis on the assumption that the sharehloders will continue to support the company & will not demand repayment of the loan in the foreseeable future.

	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.

2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		1


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	539,845		-		-		539,845
	Additions	-		-		-		-
	Surplus on revaluation	-		-		-		-
	Disposals	-		-		-		-
	At 31 March 2025	539,845		-		-		539,845

	Depreciation
	At 1 April 2024	-		-		-		-
	Charge for the year	-		-		-		-
	Surplus on revaluation	-		-		-		-
	On disposals	-		-		-		-
	At 31 March 2025	-		-		-		-

	Net book value
	At 31 March 2025	539,845		-		-		539,845
	At 31 March 2024	539,845		-		-		539,845


	Freehold land and buildings:					2025		2024
£							£
	Historical cost					-		-
	Cumulative depreciation based on historical cost					-		-
						-		-


4	Debtors					2025		2024
£							£

	Trade debtors					-		-
	Deferred tax asset					-		-
	Other debtors					20,329		9,999
						20,329		9,999

	Amounts due after more than one year included above					-		-



5	Creditors: amounts falling due within one year					2025		2024
£							£

	Non-equity preference shares					-		-
	Bank loans and overdrafts					-		-
	Obligations under finance lease and hire purchase contracts					-		-
	Trade creditors					-		-
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					-		-
	Taxation and social security costs					(1)		308
	Other creditors					79,031		63,490
						79,030		63,798


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Non-equity preference shares					-		-
	Bank loans					317,415		317,415
	Obligations under finance lease and hire purchase contracts					-		-
	Trade creditors					-		-
	Other creditors					207,951		207,951
						525,366		525,366


7	Revaluation reserve					2025		2024
£							£

	At 1 April 2024					-		-
	Gain on revaluation of land and buildings					-		-
	Deferred taxation arising on the revaluation of land and buildings					-		-

	At 31 March 2025					-		-

8	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Hardeep Kaur Brar
	Akshay Chawla
	Charanjeev Singh Gill



9	Related party transactions



10	Controlling party
	The Director is the ultimate controlling party.


11	Other information

	BRICKS & MORTAR VENTURES LTD is a private company limited by shares and incorporated in England. Its registered office is:
	3rd Floor, C/O Argyle House
	Northside, Joel Street
	Northwood Hills, Middlesex
	London
	HA6 1NW