Accounts filed on 31-03-2022


ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2022





DIRECTORS
B S Latchford


REGISTERED OFFICE
23 Mayfield Court
London Road
Bushey
London
WD23 2NN


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
Isleworth
TW7 4QE


ACCOUNTS
FOR THEYEARENDED31 MARCH 2022



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 2022

			2022		2021
	Notes		£		£

FIXED ASSETS
Tangible assets	2		856		297

CURRENT ASSETS
Stock		45,425		39,783
Debtors	4	501		298
Cash at bank and in hand		5,558		6,783
		51,484		46,864
CREDITORS: Amounts falling due within one year	5	34,029		29,476
NET CURRENT ASSETS			17,455		17,388
TOTAL ASSETS LESS CURRENT LIABILITIES			18,311		17,685

CAPITAL AND RESERVES

Called up share capital	7		100		100
Profit and loss account			18,211		17,585
SHAREHOLDERS' FUNDS			18,311		17,685

For the year ending 31 March 2022 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 23 March 2023 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 23 Mayfield Court, London Road, Bushey, London, United Kingdom, WD23 2NN.




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. DEBTORS	2022	2021
	£	£
Amounts falling due within one year
Trade debtors	501	298
	501	298


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2022	2021
	£	£
Taxation and social security	4,877	4,439
Directors current account	18,612	13,557
Other creditors	10,000	10,000
Accruals	540	1,480
	34,029	29,476




7. SHARE CAPITAL	2022	2021
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100