Accounts filed on 31-03-2020


ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2020





DIRECTORS
B S Latchford


REGISTERED OFFICE
203c Richmond Road
Kingston Richmond Road
Kingston Upon Thames
KT2 5DD


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10603856



ACCOUNTANTS
Lever Bros & Co
Chartered Accountants
The Station Masters' House
168 Thornbury Road
Osterley Village
Middllesex
TW7 4QE


ACCOUNTS
FOR THEYEARENDED31 MARCH 2020



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31 March 2020

			2020		2019
	Notes		£		£

FIXED ASSETS
Tangible assets	2		396		528

CURRENT ASSETS
Stock		28,743		24,128
Cash at bank and in hand		1,409		6,136
		30,152		30,264
CREDITORS: Amounts falling due within one year	4	28,097		30,364
NET CURRENT ASSETS / (LIABILITIES)			2,055		(100)
TOTAL ASSETS LESS CURRENT LIABILITIES			2,451		428

CAPITAL AND RESERVES

Called up share capital	6		100		100
Profit and loss account			2,351		328
SHAREHOLDERS' FUNDS			2,451		428

For the year ending 31 March 2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 25 March 2021 and signed on their behalf by



.............................
B S Latchford
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 25%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.




1e. Turnover
Turnover represents the value of goods and services supplied by the company and is recognised when services are rendered.




1f. Statutory Information
The Brick Shed Ltd is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 10603856 and registered office address is 203c Richmond Road, Kingston Richmond Road, Kingston Upon Thames, KT2 5DD




1g. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.




4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2020	2019
	£	£
Taxation and social security	374	-
Directors current account	16,783	19,844
Other creditors	10,000	10,000
Accruals	940	520
	28,097	30,364




6. SHARE CAPITAL	2020	2019
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100