| BRICK CHAMELEON LTD |
| Accountants' Report |
|
|
| Accountants' report to the director of |
| BRICK CHAMELEON LTD |
|
| You consider that the company is exempt from an audit for the year ended 31 December 2014. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. |
| In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. |
| We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. |
|
| Omega Business Advice Services |
| Accountants |
|
| 5 Haven Lane |
|
| London |
|
| W5 2HZ |
|
| 22 December 2015 |
|
| BRICK CHAMELEON LTD |
| Balance Sheet |
| as at 31 December 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
4 |
|
|
2,111 |
|
|
5,406 |
|
|
|
|
2,111 |
|
|
5,406 |
|
| Current assets |
| Debtors |
5 |
|
32,687 |
|
|
33,385 |
| Investments held as current assets |
6 |
|
3 |
|
|
3 |
| Cash at bank and in hand |
|
|
41,368 |
|
|
4,513 |
|
|
|
74,058 |
|
|
37,901 |
|
| Creditors: amounts falling due within one year |
7 |
|
(54,326) |
|
|
(40,625) |
|
| Net current assets/(liabilities) |
|
|
|
19,732 |
|
|
(2,724) |
|
| Total assets less current liabilities |
|
|
|
21,843 |
|
|
2,682 |
|
| Creditors: amounts falling due after more than one year |
8 |
|
|
(1,300) |
|
|
(3,034) |
|
| Net assets/(liabilities) |
|
|
|
20,543 |
|
|
(352) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
9 |
|
|
100 |
|
|
100 |
| Profit and loss account |
10 |
|
|
20,443 |
|
|
(452) |
|
| Shareholder's funds |
|
|
|
20,543 |
|
|
(352) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
|
| Igor Lypaczewski |
| Director |
| Approved by the board on 22 December 2015 |
|
| BRICK CHAMELEON LTD |
| Notes to the Accounts |
| for the year ended 31 December 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% reducing balance |
|
Motor vehicles |
20% reducing balance |
|
|
|
Leasing and hire purchase commitments |
|
Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.
The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.
Rentals paid under operating leases are charged to income on a straight line basis over the lease term. |
|
|
| 2 |
Operating profit |
2014 |
|
2013 |
| £ |
£ |
|
This is stated after charging: |
|
|
Depreciation of owned fixed assets |
706 |
|
1,351 |
|
Directors' remuneration |
10,464 |
|
9,184 |
|
|
| 3 |
Taxation |
2014 |
|
2013 |
| £ |
£ |
|
|
UK corporation tax |
6,378 |
|
3,753 |
|
|
|
|
|
|
6,378 |
|
3,753 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Tangible fixed assets |
|
|
|
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 January 2014 |
4,692 |
|
4,300 |
|
8,992 |
|
Additions |
986 |
|
- |
|
986 |
|
Disposals |
(4,692) |
|
- |
|
(4,692) |
|
At 31 December 2014 |
986 |
|
4,300 |
|
5,286 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2014 |
937 |
|
2,649 |
|
3,586 |
|
Charge for the year |
376 |
|
330 |
|
706 |
|
On disposals |
(1,117) |
|
- |
|
(1,117) |
|
At 31 December 2014 |
196 |
|
2,979 |
|
3,175 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2014 |
790 |
|
1,321 |
|
2,111 |
|
At 31 December 2013 |
3,755 |
|
1,651 |
|
5,406 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Debtors |
2014 |
|
2013 |
| £ |
£ |
|
|
Trade debtors |
9,601 |
|
4,500 |
|
Other debtors |
23,086 |
|
28,885 |
|
|
|
|
|
|
32,687 |
|
33,385 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Investments held as current assets |
2014 |
|
2013 |
| £ |
£ |
|
|
Unlisted investments |
3 |
|
3 |
|
|
|
|
|
|
3 |
|
3 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due within one year |
2014 |
|
2013 |
| £ |
£ |
|
|
Obligations under finance lease and hire purchase contracts |
1,734 |
|
1,734 |
|
Trade creditors |
2,235 |
|
2,132 |
|
Corporation tax |
8,724 |
|
4,196 |
|
Other taxes and social security costs |
33,518 |
|
32,517 |
|
Other creditors |
8,115 |
|
46 |
|
|
|
|
|
|
54,326 |
|
40,625 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Creditors: amounts falling due after one year |
2014 |
|
2013 |
| £ |
£ |
|
|
Obligations under finance lease and hire purchase contracts |
1,300 |
|
3,034 |
|
|
|
|
|
|
1,300 |
|
3,034 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
100 |
|
100 |
|
|
|
|
|
|
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
|
| 10 |
Profit and loss account |
2014 |
| £ |
|
|
At 1 January 2014 |
(452) |
|
Prior year adjustments |
- |
|
At 1 January 2014 |
(452) |
|
Profit for the year |
20,895 |
|
At 31 December 2014 |
20,443 |
|
|
|
|
|
|
|
|
| 11 |
Dividends |
2014 |
|
2013 |
| £ |
£ |
|
|
Dividends for which the company became liable during the year: |
|
Dividends paid |
- |
|
10,719 |
|
Dividends not paid |
- |
|
- |
|
|
|
|
|
|
- |
|
10,719 |
|
|
|
|
|
|
|
|
|
|
| 12 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
Igor Lypaczewski |
|
4% interest on balance above £5,000 up to 05/04/2014; 3.25% interest on balance above £10,000 from 06/04/2014 |
2,298 |
|
35,779 |
|
(46,192) |
|
(8,115) |
|
|
|
2,298 |
|
35,779 |
|
(46,192) |
|
(8,115) |
|
|
|
|
|
|
|
|
|
