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REGISTERED NUMBER: 08884228 (England and Wales)















Unaudited Financial Statements For The Year Ended 31 March 2022

for

Andrew John Bennett Ltd

Andrew John Bennett Ltd (Registered number: 08884228)






Contents of the Financial Statements
For The Year Ended 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Andrew John Bennett Ltd

Company Information
For The Year Ended 31 March 2022







DIRECTOR: A J Bennett





REGISTERED OFFICE: Mill House, 58 Guildford Street,
Chertsey
Surrey
KT16 9BE





REGISTERED NUMBER: 08884228 (England and Wales)





ACCOUNTANTS: Fuller Spurling
Mill House
58 Guildford Street
Chertsey
Surrey
KT16 9BE

Andrew John Bennett Ltd (Registered number: 08884228)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 55,287 28,805
55,287 28,805

CURRENT ASSETS
Debtors 6 10,811 8,160
Cash at bank 302,476 220,999
313,287 229,159
CREDITORS
Amounts falling due within one year 7 72,103 62,933
NET CURRENT ASSETS 241,184 166,226
TOTAL ASSETS LESS CURRENT
LIABILITIES

296,471

195,031

CREDITORS
Amounts falling due after more than one
year

8

(15,229

)

-

PROVISIONS FOR LIABILITIES (2,036 ) (648 )
NET ASSETS 279,206 194,383

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 279,106 194,283
SHAREHOLDERS' FUNDS 279,206 194,383

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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.

Andrew John Bennett Ltd (Registered number: 08884228)

Balance Sheet - continued
31 March 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 August 2022 and were signed by:





A J Bennett - Director


Andrew John Bennett Ltd (Registered number: 08884228)

Notes to the Financial Statements
For The Year Ended 31 March 2022

1. STATUTORY INFORMATION

Andrew John Bennett Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Reconciliation with previous Generally Accepted Accounting Practice
In preparing the accounts, the directors have considered whether in applying the accounting policies required by FRS 102 the restatement of comparative items was required, and have determined that no restatements were required. In accordance with the requirements of FRS 102 a reconciliation of opening balances is therefore not needed.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and is recognised as services are provided. Where invoices are issued which cover a period which extends beyond the year end, the relevant proportion is credited to the income statement for the period and the amount in advance is carried forward in creditors.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Financial instruments
The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Taxation
Taxation represents the sum of tax currently payable, and deferred tax if material.

The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax, where material, is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Andrew John Bennett Ltd (Registered number: 08884228)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2022

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
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.

Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand
Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors
Creditors, provisions and accrued costs are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2021
and 31 March 2022 10,000
AMORTISATION
At 1 April 2021
and 31 March 2022 10,000
NET BOOK VALUE
At 31 March 2022 -
At 31 March 2021 -

Andrew John Bennett Ltd (Registered number: 08884228)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2022

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 April 2021 25,395 2,510 12,353 40,258
Additions 19,814 8,350 - 28,164
Disposals - - (10,684 ) (10,684 )
At 31 March 2022 45,209 10,860 1,669 57,738
DEPRECIATION
At 1 April 2021 - 75 11,378 11,453
Charge for year 638 627 417 1,682
Eliminated on disposal - - (10,684 ) (10,684 )
At 31 March 2022 638 702 1,111 2,451
NET BOOK VALUE
At 31 March 2022 44,571 10,158 558 55,287
At 31 March 2021 25,395 2,435 975 28,805

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade debtors 10,811 3,375
VAT - 4,785
10,811 8,160

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans and overdrafts 5,111 24,000
Trade creditors 15,000 5,087
Corporation tax 28,043 16,274
VAT 9,231 -
Directors' current accounts 13,168 16,022
Accrued expenses 1,550 1,550
72,103 62,933

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.22 31.3.21
£    £   
Bank loans - 2-5 years 15,229 -

Andrew John Bennett Ltd (Registered number: 08884228)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2022

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.3.22 31.3.21
value: £    £   
100 Ordinary 1 100 100

10. RESERVES
Retained
earnings
£   

At 1 April 2021 194,283
Profit for the year 124,823
Dividends (40,000 )
At 31 March 2022 279,106