Abbreviated Company Accounts - BRICKROOM LIMITED

06511072 BRICKROOM LIMITED 2015-02-28 false 2014-03-01 2015-02-28 true 06511072 2014-03-01 2015-02-28 06511072 2015-02-28 06511072 2014-02-28 06511072 uk-gaap-cd-bus:Director1 2014-03-01 2015-02-28 06511072 uk-gaap-cd-bus:Director2 2014-03-01 2015-02-28 uk-gaap-cd-bus:Director3 2014-03-01 2015-02-28 uk-gaap-cd-bus:Director3 2015-02-28 uk-gaap-cd-bus:Director3 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 iso4217:GBP shares

Registered Number 06511072

BRICKROOM LIMITED

Abbreviated Accounts

28 February 2015

BRICKROOM LIMITED Registered Number 06511072

Abbreviated Balance Sheet as at 28 February 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	-	348
		-	348
Current assets
Debtors		65,934	65,290
Cash at bank and in hand		61,809	31,784
		127,743	97,074
Creditors: amounts falling due within one year		(29,160)	(23,450)
Net current assets (liabilities)		98,583	73,624
Total assets less current liabilities		98,583	73,972
Accruals and deferred income		(3,130)	(3,200)
Total net assets (liabilities)		95,453	70,772
Capital and reserves
Called up share capital	3	10,000	10,000
Profit and loss account		85,453	60,772
Shareholders' funds		95,453	70,772

For the year ending 28 February 2015 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 2 November 2015

And signed on their behalf by:
A Thalmann, Director

BRICKROOM LIMITED Registered Number 06511072

Notes to the Abbreviated Accounts for the period ended 28 February 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises of fees receivable excluding value added tax and bank interest receivable.

Tangible assets depreciation policy
Depreciation is provided evenly on the cost of tangible fixed assets, to write them down to their estimated residual values over their expected useful lives. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost of each asset, less estimated residual value on a straight-line basis, over its expected useful life, as follows:
Office and computer equipment 25% per annum

Other accounting policies
Taxation
Current tax, including UK corporation tax, is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantially enacted by the balance sheet date.
Deferred tax is provided on timing differences that have arisen but not reversed by the balance sheet date, where the timing differences result in an obligation to pay more tax, or a right to pay less tax, in the future. Timing differences arise because of differences between the treatment of certain items for accounting and taxation purposes.
Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be recovered.
Deferred tax is measured at the tax rates that are expected to apply in the periods when the timing differences are expected to reverse, based on tax rates and law enacted or substantially enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

2Tangible fixed assets

	£
Cost
At 1 March 2014	6,020
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2015	6,020
Depreciation
At 1 March 2014	5,672
Charge for the year	348
On disposals	-
At 28 February 2015	6,020
Net book values
At 28 February 2015	0
At 28 February 2014	348

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
10,000 Ordinary shares of £1 each	10,000	10,000

4Transactions with directors

Name of director receiving advance or credit:	A Thalmann
Description of the transaction:	interest free loan to company
Balance at 1 March 2014:	£ 582
Advances or credits made:	£ 56,915
Advances or credits repaid:	£ 55,000
Balance at 28 February 2015:	£ 2,497

Included in debtors is £65,934 (2014 - £64,980) due from Eighty8 Ltd. Included in turnover for the year are fees of £156,517 (2014 - £147,984) charged to Eighty8 Ltd. The director and shareholder A.Thalmann is also a director and shareholder in Eighty8 Ltd.
Dividends paid during the year to A Thalmann were £50,000 (2014 - £5,000)

During the year ended 28 February 2015 the director A.Thalmann controlled the company by virtue of a controlling interest of 100% of the issued ordinary share capital.