Red Brick Rooms Ltd
Red Brick Rooms Ltd
Registered number: 13297771
Unaudited Financial Statements
For The Year Ended
31 March 2022
TaxAssist Accountants - Ashby
2b Derby Road
Ashby-De-La-Zouch
Leicestershire
LE65 2HE
Red Brick Rooms Ltd
Unaudited Financial Statements
For The Year Ended
31 March 2022
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1 |
| Notes to the Financial Statements | 2—3 |
Red Brick Rooms Ltd
Balance Sheet
As at
31 March 2022
Balance Sheet
Registered number:
13297771
For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
| 2022 | |||
|---|---|---|---|
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible Assets | 3 |
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| CURRENT ASSETS | |||
| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 4 |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
( |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | 5 |
( |
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| NET LIABILITIES |
( |
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| Profit and Loss Account |
( |
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| SHAREHOLDERS' FUNDS | (3,933) | ||
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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Director
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The notes on pages 2 to 3 form part of these financial statements.
Red Brick Rooms Ltd
Notes to the Financial Statements
For The Year Ended
31 March 2022
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Freehold |
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1.3.
Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 1
3.
Tangible Assets
| Land & Property | |
|---|---|
| Freehold | |
| £ | |
| Cost | |
| As at
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| Additions |
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| As at
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| Net Book Value | |
| As at
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| As at
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4.
Creditors: Amounts Falling Due Within One Year
| 2022 | |
|---|---|
| £ | |
| Trade creditors |
( |
| Accruals and deferred income |
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| Director's loan account |
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5.
Creditors: Amounts Falling Due After More Than One Year
| 2022 | |
|---|---|
| £ | |
| Bank loans |
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| Directors loan account |
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Red Brick Rooms Ltd
Notes to the Financial Statements (continued)
For The Year Ended
31 March 2022
6.
Related Party Transactions
The Director provided both Working Capital and Investment Loan for the start up of the company. This has been designated as short and long term respectively. The Short Term Working Capital Loan amounts to ££10,715.00. The Longer Term investment loan amounts to £106,961.56. There is currently no interest charged to the loan.
7.
General Information
Red Brick Rooms Ltd
is a private company, limited by shares, incorporated in England & Wales, registered number
13297771
. The registered office is Page Green Terrace, 190 High Road, London, N15 4NP.