Manor Brick Centres Limited - Accounts to registrar (filleted) - small 18.2
Manor Brick Centres Limited - Accounts to registrar (filleted) - small 18.2
| Manor Brick Centres Limited |
| Audited Financial Statements for the Year Ended 31 March 2018 |
| Manor Brick Centres Limited |
| Company Information |
| for the Year Ended 31 March 2018 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| AUDITORS: |
| Chartered Accountants |
| Statutory Auditor |
| Radnor House |
| Greenwood Close |
| Cardiff Gate Business Park |
| Cardiff |
| CF23 8AA |
| Manor Brick Centres Limited (Registered number: 03183179) |
| Balance Sheet |
| 31 March 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
6 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| Manor Brick Centres Limited (Registered number: 03183179) |
| Balance Sheet - continued |
| 31 March 2018 |
| In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered. |
| The financial statements were approved by the Board of Directors on signed on its behalf by: |
| Manor Brick Centres Limited (Registered number: 03183179) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2018 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents the invoiced value of goods and services supplied by the company, net |
| of value added tax and trade discounts, in relation to its principal activity the wholesale and |
| retail supply of bricks and associated products. |
| Tangible fixed assets |
| Leasehold Improvements | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance |
| for obsolete and slow moving items. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & |
| Loss Account, except to the extent that it relates to items recognised in other comprehensive |
| income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that |
| have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not |
| reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in |
| periods different from those in which they are recognised in financial statements. Deferred |
| tax is measured using tax rates and laws that have been enacted or substantively enacted |
| by the year end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it |
| is probable that they will be recovered against the reversal of deferred tax liabilities or other |
| future taxable profits. |
| Manor Brick Centres Limited (Registered number: 03183179) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2018 |
| 1. | ACCOUNTING POLICIES - continued |
| Hire purchase and leasing 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 interest element of the rental obligations is charged to the profit and loss account on a |
| straight line basis over the period of the lease. |
| Rentals paid under operating leases are charged to income on a straight line basis over the |
| lease term. |
| Pensions |
| The company operates a defined contribution pension scheme. Contributions payable to the |
| company's pension scheme are charged to profit or loss in the period to which they relate. |
| 2. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 3. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Leasehold | Plant and | and | Motor |
| Improvements | machinery | fittings | vehicles | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1 April 2017 |
| Additions |
| Disposals | ( |
) | ( |
) | ( |
) |
| At 31 March 2018 |
| DEPRECIATION |
| At 1 April 2017 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) |
| At 31 March 2018 |
| NET BOOK VALUE |
| At 31 March 2018 |
| At 31 March 2017 |
| Manor Brick Centres Limited (Registered number: 03183179) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2018 |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors & prepayments |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Hire purchase contracts |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxes & social security costs |
| Other creditors & accruals |
| 6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Hire purchase contracts |
| 7. | SECURED DEBTS |
| The hire purchase contracts are secured over the assets concerned. |
| 8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| 9. | TOTAL FINANCIAL COMMITMENTS |
| The company had total commitments under operating leases at the balance sheet date of |
| £97,500 (2017 - £127,500). |
| 10. | IMMEDIATE AND ULTIMATE PARENT COMPANY |
| The company's immediate parent undertaking at the balance sheet date was Bevan |
| Holdings Limited. The company's ultimate parent undertaking at the balance sheet date was |
| D M Bevan Group Limited. |