Super Bricks Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11267476

Super Bricks Ltd

Filleted Unaudited Financial Statements

31 March 2025

Super Bricks Ltd

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	4	310,000	295,000

Current assets

Debtors	5	3,287	–
Cash at bank and in hand		13,676	34,248
		--------	--------
		16,963	34,248

Creditors: amounts falling due within one year	6	153,641	183,381
		---------	---------
Net current liabilities		136,678	149,133
		---------	---------
Total assets less current liabilities		173,322	145,867

Creditors: amounts falling due after more than one year	7	103,240	103,240

Provisions	15,174	12,324
	---------	---------
Net assets	54,908	30,303
	---------	---------

Capital and reserves

Called up share capital	1	1
Profit and loss account	54,907	30,302
	--------	--------
Shareholders funds	54,908	30,303
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Director's 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Super Bricks Ltd

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 16 December 2025 , and are signed on behalf of the board by:

Mrs E A Bartlett
Director

Company registration number: 11267476

Super Bricks Ltd

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is 5 Minton Place, Victoria Road, Bicester, Oxfordshire, OX26 6QB.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the 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 financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Revenue is recognised when the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Office Equipment	-	25% straight line

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

4. Tangible assets

	Freehold property	Office equipment	Total
	£	£	£
Cost or valuation
At 1 April 2024	295,000	722	295,722
Revaluations	15,000	–	15,000
	---------	----	---------
At 31 March 2025	310,000	722	310,722
	---------	----	---------
Depreciation
At 1 April 2024 and 31 March 2025	–	722	722
	---------	----	---------
Carrying amount
At 31 March 2025	310,000	–	310,000
	---------	----	---------
At 31 March 2024	295,000	–	295,000
	---------	----	---------

Included within the above is investment property as follows:

	£
At 1 April 2024	295,000
Fair value adjustments	15,000
	---------
At 31 March 2025	310,000
	---------

There has been no valuation of investment property by an independent valuer.

5. Debtors

	2025	2024
	£	£
Trade debtors	3,049	–
Other debtors	238	–
	-------	----
	3,287	–
	-------	----

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	1,015	–
Other creditors	152,626	183,381
	---------	---------
	153,641	183,381
	---------	---------

7. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	103,240	103,240
	---------	---------

8. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mrs E A Bartlett	181,581	352	( 31,000)	150,933
	---------	----	--------	---------

	2024
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mrs E A Bartlett	181,229	–	352	181,581
	---------	----	----	---------