|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
UNAUDITED FINANCIAL STATEMENTS |
|
FOR THE YEAR ENDED 31 JANUARY 2017 |
|
FOR |
|
BRICK MORT INVESTMENTS LTD |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
UNAUDITED FINANCIAL STATEMENTS |
|
FOR THE YEAR ENDED 31 JANUARY 2017 |
|
FOR |
|
BRICK MORT INVESTMENTS LTD |
BRICK MORT INVESTMENTS LTD (REGISTERED NUMBER: 07899414) |
|
|
|
|
|
|
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JANUARY 2017 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 3 |
|
BRICK MORT INVESTMENTS LTD |
|
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 JANUARY 2017 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Accountants |
1 Kings Avenue |
London |
N21 3NA |
BRICK MORT INVESTMENTS LTD (REGISTERED NUMBER: 07899414) |
|
BALANCE SHEET |
31 JANUARY 2017 |
|
2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Property, plant and equipment | 4 |
|
|
Investments | 5 |
|
|
|
|
|
CURRENT ASSETS |
Debtors | 6 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 7 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CAPITAL AND RESERVES |
Called up share capital |
|
|
Retained earnings |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
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. |
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
|
The financial statements were approved by the Board of Directors on
by: |
|
|
|
|
|
|
|
BRICK MORT INVESTMENTS LTD (REGISTERED NUMBER: 07899414) |
|
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JANUARY 2017 |
|
1. | STATUTORY INFORMATION |
|
Brick Mort Investments Ltd is a
|
company's registered number and registered office address can be found on the Company Information page. |
|
The presentation currency of the financial statements is the Pound Sterling (£). |
|
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Significant judgements and estimates |
In the application of the company's accounting policies, the director is required to make judgements, estimates |
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other |
sources. The estimates and associated assumptions are based on historical experience and other factors that |
are relevant. Actual results may differ from these estimates. |
|
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting |
estimates are recognised in the period in which the estimate is revised where the revision affects only that |
period. or in the period of the revision and future periods where the revision affects both current and future |
periods. |
|
There are no significant judgements or estimates involved in the preparation of the financial statements. |
|
Revenue |
Revenue represents the value of work carried out in respect of services provided to customers. Revenue is |
recognised when services are rendered to the customers. |
|
Property, plant and equipment |
|
Plant and machinery | - |
|
|
The company has adopted the policy of not depreciating its tangible assets in the year of purchase, but full |
depreciation will be provided in the year of disposal. |
|
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date. |
|
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
balance sheet 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. |
BRICK MORT INVESTMENTS LTD (REGISTERED NUMBER: 07899414) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 JANUARY 2017 |
|
2. | ACCOUNTING POLICIES - continued |
|
Hire purchase and leasing commitments |
Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks |
and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and |
depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance |
sheet as a liability. |
|
The interest element of the rental obligations is charged to the profit and loss account over the period of the |
lease and represents a constant proportion of the balance of capital repayments outstanding. |
|
Rentals paid under operating leases are charged to income on a straight line basis over the lease term. |
|
Investments |
Fixed assets investments are stated at cost less any diminution in value. |
|
|
Cash and cash equivalents |
Cash and cash equivalents in the statement of financial position comprise cash at banks and in hand and short |
term deposits with an original maturity date of one month. |
|
|
Financial instruments |
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible |
preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in |
profit or loss. |
|
Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes |
recognised in profit or loss. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
|
4. | PROPERTY, PLANT AND EQUIPMENT |
Plant and |
machinery |
£ |
COST |
Additions |
|
At 31 January 2017 |
|
NET BOOK VALUE |
At 31 January 2017 |
|
|
5. | FIXED ASSET INVESTMENTS |
Other |
investments |
£ |
COST |
At 1 February 2016 |
and 31 January 2017 |
|
NET BOOK VALUE |
At 31 January 2017 |
|
At 31 January 2016 |
|
BRICK MORT INVESTMENTS LTD (REGISTERED NUMBER: 07899414) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 JANUARY 2017 |
|
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Amounts owed by group undertakings |
|
|
Other debtors |
|
|
|
|
|
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade creditors |
|
|
Tax |
|
|
Social security and other taxes |
|
|
Other creditors |
|
|
|
|
|
8. | CONTINGENT LIABILITIES |
|
Grainmarket Asset Limited and Grainmarket Asset (Nominees) Limited have a rent deposit deed charge on the |
company amounting to £3,510. The rent is paid in full by an associate partnership, Bluesky Investments. |
|
9. | RELATED PARTY DISCLOSURES |
|
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The |
Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party |
transactions with wholly owned subsidiaries within the group. |
|
Included in other debtors is the total of £206,240 (2016: £92,328) due from connected companies under |
common directorship. |
|
Included in other creditors is the total of £17,401 (2016: £23,450) due to connected companies under common |
directorship. |
|
10. | TRANSITION TO FRS 102 |
|
The company transitioned to FRS 102 from previously extant UK GAAP as at 1 February 2015. |
|
As there is no impact of the transition on the financial statements of the company, the reconciliation of equity |
and profit & loss is not considered necessary. |