Building Blocks Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 02448001 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2015

for

Building Blocks Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTOR:

G F A Hooper

SECRETARY:

Mrs P A Hooper

REGISTERED OFFICE:

39 High Street

Wednesfield

Wolverhampton

West Midlands

WV11 1ST

REGISTERED NUMBER:

02448001 (England and Wales)

ACCOUNTANTS:

Crowther Jordan Limited

Chartered Accountants

39 High Street

Wednesfield

Wolverhampton

West Midlands

WV11 1ST

FIXED ASSETS

Tangible assets

2

1,214

4,063

Investments

3

370,779

Investment property

4

1,029,000

1,400,993

1,403,842

CURRENT ASSETS

Debtors

7,801

4,771

Cash at bank

71,914

30,747

79,715

35,518

CREDITORS

Amounts falling due within one year

(35,437

)

(35,084

)

NET CURRENT ASSETS

44,278

434

TOTAL ASSETS LESS CURRENT LIABILITIES

1,445,271

1,404,276

CREDITORS

Amounts falling due after more than one
year

(755,810

)

(673,385

)

NET ASSETS

689,461

730,891

CAPITAL AND RESERVES

Called up share capital

5

130,000

Revaluation reserve

125,000

Profit and loss account

434,461

475,891

SHAREHOLDERS' FUNDS

689,461

730,891

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 26 May 2016 and were signed by:

G F A Hooper - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the

revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities

(effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Computer equipment

-

25% on cost

Investment property

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Investment property

In accordance with SSAP 19 "Accounting for Investment Properties", investment properties are revalued

annually to open market value and no depreciation is provided. The director considers that this accounting

policy results in the financial statements giving a true and fair view. The effect of this departure from the

Companies Act 2006 has not been quantified because it is impractical and, in the opinion of the director, would

be misleading.

The aggregate surplus or deficit arising on revaluation is transferred to the revaluation reserve except where a

deficit is deemed to represent a permanent diminution in value, in which case it is charge to the profit and loss

account.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

24,562

Additions

358

At 30 September 2015

24,920

DEPRECIATION

At 1 October 2014

20,499

Charge for year

3,207

At 30 September 2015

23,706

NET BOOK VALUE

At 30 September 2015

1,214

At 30 September 2014

4,063

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 October 2014

and 30 September 2015

370,779

NET BOOK VALUE

At 30 September 2015

370,779

At 30 September 2014

370,779

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Associated company

Springbok BBQ Limited

Nature of business: Event catering

%

Class of shares:

holding

Ordinary

26.00

31.12.15

31.12.14

£

Aggregate capital and reserves

1,237

(3,681

)

Profit/(loss) for the year/period

5,099

(3,682

)

4.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 October 2014

and 30 September 2015

1,029,000

NET BOOK VALUE

At 30 September 2015

1,029,000

At 30 September 2014

1,029,000

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

65,000

Ordinary

£1

65,000

Non-voting ordinary

£1

65,000

130,000

With the exception of voting rights, all shares are identical and rank pari passu in all other respects.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) have

been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Building Blocks Limited for the year ended 30 September 2015 which comprise the Profit and

Loss Account, the Balance Sheet and the related notes 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 icaew.com/membershandbook.

This report is made solely to the director of Building Blocks Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Building Blocks Limited and state those matters that we have agreed to state to the director of Building Blocks Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Building Blocks 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 loss of Building Blocks Limited. You consider that Building Blocks 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 Building Blocks 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.

Crowther Jordan Limited

Chartered Accountants

39 High Street

Wednesfield

Wolverhampton

West Midlands

WV11 1ST

26 May 2016