Brick And Flint Limited - Limited company accounts 11.7

REGISTERED NUMBER: 06563983

Brick And Flint Limited

Report of the Directors and

Unaudited Financial Statements

for the Year Ended 30 September 2014

Page

Company Information

1

Report of the Directors

2

Chartered Accountants' Report

3

Profit and Loss Account

4

Balance Sheet

5

Notes to the Financial Statements

6

DIRECTORS:

T J Forse

W C Forse

SECRETARY:

T J Forse

REGISTERED OFFICE:

Barnham Court Farm

Church Lane

Barnham

West Sussex

PO22 0BP

REGISTERED NUMBER:

06563983

ACCOUNTANTS:

The Hutchinson Partnership Limited

trading as The Hutchinson Partnership

Chartered Accountants

The Bull Pen

Amberley Court

Sutton St Nicholas

Hereford

Herefordshire

HR1 3BX

The directors present their report with the financial statements of the company for the year ended 30 September 2014.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of Property and Facility Management Services.

DIRECTORS

The directors during the year under review were:

T J Forse

W C Forse

The beneficial interests of the directors holding office on 30 September 2014 in the issued share capital of the company

were as follows:

30.9.14

1.10.13

Ordinary £1 shares

T J Forse

500

W C Forse

500

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating

to small companies.

ON BEHALF OF THE BOARD:

T J Forse - Director

30 May 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Brick And Flint Limited for the year ended 30 September 2014 which comprise the Profit and

Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Brick And Flint Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Brick And Flint Limited and state those matters that we have agreed to state to the Board of Directors of Brick And Flint Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Brick And Flint Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Brick And Flint Limited. You consider that Brick And Flint Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Brick And Flint Limited. For

this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations

you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

The Hutchinson Partnership Limited

trading as The Hutchinson Partnership

Chartered Accountants

The Bull Pen

Amberley Court

Sutton St Nicholas

Hereford

Herefordshire

HR1 3BX

2 June 2015

TURNOVER

1,700

32,496

Cost of sales

(5,696

)

(23,352

)

GROSS (LOSS)/PROFIT

(3,996

)

9,144

Administrative expenses

(1,035

)

(3,979

)

OPERATING (LOSS)/PROFIT

2

(5,031

)

5,165

Interest receivable and similar income

-

1,968

(5,031

)

7,133

Interest payable and similar charges

(12

)

(13

)

(LOSS)/PROFIT ON ORDINARY
ACTIVITIES BEFORE TAXATION

(5,043

)

7,120

Tax on (loss)/profit on ordinary activities

3

1,009

(1,424

)

(LOSS)/PROFIT FOR THE FINANCIAL
YEAR

(4,034

)

5,696

CURRENT ASSETS

Debtors

5

1,009

1,200

Cash at bank

154

5,971

1,163

7,171

CREDITORS

Amounts falling due within one year

6

800

2,774

NET CURRENT ASSETS

363

4,397

TOTAL ASSETS LESS CURRENT
LIABILITIES

363

4,397

CAPITAL AND RESERVES

Called up share capital

7

1,000

Profit and loss account

8

(637

)

3,397

SHAREHOLDERS' FUNDS

363

4,397

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 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 in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved for issue by the Board of Directors on 30 May 2015 and were signed on its
behalf by:

W C Forse - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The directors have considered the financial requirements of the company and consider that it will be able to

operate within its agreed finance facilities for the next 12 months. The directors therefore consider it appropriate

to prepare accounts on the going concern basis.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

2.	OPERATING (LOSS)/PROFIT

The operating loss (2013 - operating profit) is stated after charging:

2014

2013

£

Directors' remuneration and other benefits etc

-

3.

TAXATION

Analysis of the tax (credit)/charge

The tax (credit)/charge on the loss on ordinary activities for the year was as follows:

2014

2013

£

Current tax:

UK corporation tax

(1,009

)

1,424

Tax on (loss)/profit on ordinary activities

(1,009

)

1,424

4.

DIVIDENDS

2014

2013

£

Ordinary shares of £1 each

Interim

-

32,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2014

2013

£

Other debtors

1,009

1,200

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2014

2013

£

Taxation and social security

-

1,424

Other creditors

800

1,350

800

2,774

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

1,000

Ordinary

£1

1,000

8.

RESERVES

Profit

and loss

account

£

At 1 October 2013

3,397

Deficit for the year

(4,034

)

At 30 September 2014

(637

)

9.	RELATED PARTY DISCLOSURES

T J Forse and W C Forse

Partners in Barnham Court Farms

During the year, income of £1,700 was received from Barnham Court Farms, for property and facility

management services (2013: £32,496). Loans totalling £nil were made to Barnham Court Farms in the year

(2013: £54,500) bearing interest at commercial rates.

Loan interest of £nil (2013: £1,968) was received on this loan.

At the year end other balances due from Barnham Court totalled £nil (2013: £1,200).

Expenses were recharged from Barnham Court in the year totalling £4,886 (2013: £19,604)

All the above transactions were carried out on normal commercial terms.

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by the following shareholders who together own 100% of the company's issued share

capital:

T J Forse

W C Forse

No one individual has overall control.