The Brick And Slate Company Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09697931 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2020

for

The Brick And Slate Company Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

M R Hubbard

H Capernaros

REGISTERED OFFICE:

54 Longfield Avenue

Stone

Staffordshire

ST15 0DN

REGISTERED NUMBER:

09697931 (England and Wales)

CURRENT ASSETS

Cash at bank

143

1,091

CREDITORS

Amounts falling due within one year

4

1,268

1,003

NET CURRENT (LIABILITIES)/ASSETS

(1,125

)

88

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,125

)

88

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(1,127

)

86

SHAREHOLDERS' FUNDS

(1,125

)

88

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 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 11 December 2020 and were signed on its behalf by:

M R Hubbard - Director

1.	STATUTORY INFORMATION

The Brick And Slate Company Ltd 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

The financial statements cover the company as an individual entity, have been prepared under the historical cost convention and are presented in Pounds Sterling (£) being the functional currency.

The financial statements have been prepared on the assumption that the company is able to carry on business as a going concern, which the director considers appropriate having regard to the company's current and expected performance. Particular consideration has been given to the impact of the Coronavirus on the company's ability to operate for the foreseeable future.

Turnover

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

Property rental

Turnover represents rental income receivable in the year.

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.

Taxation

Taxation for the year comprises current and deferred tax, if applicable. 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Other creditors

1,268

1,003

5.	POST BALANCE SHEET EVENTS

In March 2020 the UK was impacted by the outbreak of the Coronavirus. In order to manage the spread of the virus the Government has imposed significant restrictions on the movement of people and the ability of businesses to continue to trade. This event occurred during the company's reporting period and so is considered to be an adjusting event, however there has been no significant impact on the results to March 2020.

Up to the date of signing this report there has been no significant financial impact for the reporting period to March 2021, as trade has managed to continue. There are no concerns about the future viability of the company, for the reasons stated in the directors report.