ORANGE_BRICKS_LIMITED - Accounts


Company Registration Number 09812328 (England and Wales)
ORANGE BRICKS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2022
ORANGE BRICKS LIMITED
COMPANY INFORMATION
Director
Mr R R Russo
Company number
09812328
Registered office
6 Forest Road
Loughborough
Leicestershire
LE11 3NP
Accountants
Newby Castleman LLP
6 Forest Road
Loughborough
Leicestershire
LE11 3NP
ORANGE BRICKS LIMITED
CONTENTS
Page
Accountants' report
1
Profit and loss account
2
Balance sheet and notes to the financial statements
3
Information for management
4 - 8
ORANGE BRICKS LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ORANGE BRICKS LIMITED FOR THE YEAR ENDED 31 MARCH 2022
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Orange Bricks Limited for the year ended 31 March 2022, which comprise the profit and loss account and the balance sheet, 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 https://www.icaew.com/regulation

This report is made solely to the board of directors of Orange Bricks Limited, as a body, in accordance with the terms of our engagement letter dated 3 October 2016. Our work has been undertaken solely to prepare for your approval the financial statements of Orange Bricks Limited and state those matters that we have agreed to state to the board of directors of Orange Bricks Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Orange Bricks Limited and its board of directors as a body, for our work or for this report.

It is your duty to ensure that Orange Bricks 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 profit of Orange Bricks Limited. You consider that Orange Bricks 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 Orange Bricks 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.

Newby Castleman LLP
5 August 2022
Chartered Accountants
6 Forest Road
Loughborough
Leicestershire
LE11 3NP
ORANGE BRICKS LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2022
- 2 -
2022
2021
£
£
Turnover
128,256
74,568
Other income
1,274,949
18,839
Staff costs
-
0
(56,648)
Depreciation and other amounts written off assets
(719)
(719)
Other charges
(147,808)
(41,357)
Tax
-
0
550
Profit/(loss)
1,254,678
(4,767)
ORANGE BRICKS LIMITED
BALANCE SHEET
AS AT
31 MARCH 2022
31 March 2022
- 3 -
2022
2021
£
£
£
£
Fixed assets
71,348
770
Current assets
1,534,354
324,867
Creditors: amounts falling due within one year
(328,348)
(302,961)
Net current assets
1,206,006
21,906
Total assets less current liabilities
1,277,354
22,676
Net assets
1,277,354
22,676
Capital and reserves
1,277,354
22,676
Notes to the financial statements
1
Employees

The average number of persons (including directors) employed by the company during the year was 1 (2021 - 5).

2022
2021
Number
Number
Employees
1
5

Orange Bricks Limited is a private company limited by shares incorporated in England and Wales. The registered office is 6 Forest Road, Loughborough, Leicestershire, LE11 3NP.

For the year ended 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 5 August 2022
Mr R R Russo
Director
Company Registration Number 09812328
ORANGE BRICKS LIMITED
MANAGEMENT INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022
ORANGE BRICKS LIMITED
SCHEDULE OF ADMINISTRATIVE EXPENSES
FOR THE YEAR ENDED 31 MARCH 2022
- 5 -
2022
2021
£
£
Administrative expenses
Rates
1,874
-
Cleaning
-
1,200
Power, light and heat
579
-
Property repairs and maintenance
1,776
-
Insurance
2,086
14,368
Computer running costs
480
397
Motor running expenses
697
-
Legal and professional fees
14,133
-
Accountancy
2,635
2,420
Bank charges
300
160
Advertising
1,950
1,600
Entertaining
-
1,700
Sundry expenses
50
13
Depreciation
719
719
27,279
22,577
ORANGE BRICKS LIMITED
MANAGEMENT BALANCE SHEET
AS AT 31 MARCH 2022
- 6 -
2022
2021
Notes
£
£
£
£
Fixed assets
Tangible assets
1
66,678
719
Investment properties
2
4,670
-
Investments
-
51
71,348
770
Current assets
Debtors
3
1,532,924
314,544
Cash at bank and in hand
1,430
10,323
1,534,354
324,867
Creditors: amounts falling due within one year
4
(328,348)
(302,961)
Net current assets
1,206,006
21,906
Total assets less current liabilities
1,277,354
22,676
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
5
1,277,353
22,675
Total equity
1,277,354
22,676
ORANGE BRICKS LIMITED
NOTES FOR MANAGEMENT
FOR THE YEAR ENDED 31 MARCH 2022
- 7 -
1
Tangible fixed assets
Freehold land and buildings
Fixtures and fittings
Total
£
£
£
Cost
At 1 April 2021
-
0
3,595
3,595
Additions
66,678
-
0
66,678
At 31 March 2022
66,678
3,595
70,273
Depreciation and impairment
At 1 April 2021
-
0
2,876
2,876
Depreciation charged in the year
-
0
719
719
At 31 March 2022
-
0
3,595
3,595
Carrying amount
At 31 March 2022
66,678
-
0
66,678
At 31 March 2021
-
0
719
719
2
Investment property
2022
£
Fair value
At 1 April 2021
-
Additions through external acquisition
4,670
At 31 March 2022
4,670
3
Debtors
2022
2021
Amounts falling due within one year:
£
£
Corporation tax recoverable
-
551
Amount due from parent undertaking
1,275,000
-
Other debtors
257,924
313,993
1,532,924
314,544
ORANGE BRICKS LIMITED
NOTES FOR MANAGEMENT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
- 8 -
4
Creditors: amounts falling due within one year
2022
2021
£
£
Other borrowings
8,848
1,459
Trade creditors
-
90
Other taxation and social security
-
4,912
Other creditors
317,500
294,500
Accruals and deferred income
2,000
2,000
328,348
302,961
5
Profit and loss reserves
2022
2021
£
£
At the beginning of the year
22,675
27,442
Profit/(loss) for the year
1,254,678
(4,767)
At the end of the year
1,277,353
22,675
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