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REGISTERED NUMBER: 05363403 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Paul Bentley Wholesale Confectioner
Limited

Paul Bentley Wholesale Confectioner
Limited (Registered number: 05363403)






Contents of the Financial Statements
for the year ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Paul Bentley Wholesale Confectioner
Limited

Company Information
for the year ended 31 March 2023







DIRECTORS: Mrs S Bentley
P W Bentley
A W Bentley
Mrs S J O'Neil





SECRETARY: Mrs S J O'Neil





REGISTERED OFFICE: 19 Trinity Square
Llandudno
CONWY
LL30 2RD





REGISTERED NUMBER: 05363403 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
Chartered Accountants
19 Trinity Square
Llandudno
CONWY
LL30 2RD

Paul Bentley Wholesale Confectioner
Limited (Registered number: 05363403)

Balance Sheet
31 March 2023

2023 2022
Notes £ £
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 419,845 475,046
419,845 475,046

CURRENT ASSETS
Stocks 321,536 205,819
Debtors 6 757,713 647,300
Cash at bank and in hand 5 11,556
1,079,254 864,675
CREDITORS
Amounts falling due within one year 7 (947,514 ) (724,409 )
NET CURRENT ASSETS 131,740 140,266
TOTAL ASSETS LESS CURRENT
LIABILITIES

551,585

615,312

CREDITORS
Amounts falling due after more than one year 8 (34,959 ) (72,603 )

PROVISIONS FOR LIABILITIES (13,675 ) (20,881 )
NET ASSETS 502,951 521,828

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 502,851 521,728
SHAREHOLDERS' FUNDS 502,951 521,828

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Paul Bentley Wholesale Confectioner
Limited (Registered number: 05363403)

Balance Sheet - continued
31 March 2023


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 Board of Directors and authorised for issue on 11 October 2023 and were signed on its behalf by:




P W Bentley - Director



Mrs S Bentley - Director


Paul Bentley Wholesale Confectioner
Limited (Registered number: 05363403)

Notes to the Financial Statements
for the year ended 31 March 2023

1. STATUTORY INFORMATION

Paul Bentley Wholesale Confectioner Limited 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

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 Income Statement, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2022 - 17 ) .

Paul Bentley Wholesale Confectioner
Limited (Registered number: 05363403)

Notes to the Financial Statements - continued
for the year ended 31 March 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 April 2022
and 31 March 2023 60,000
AMORTISATION
At 1 April 2022
and 31 March 2023 60,000
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

5. TANGIBLE FIXED ASSETS
Freehold Improvements Plant and
property to property machinery
£ £ £
COST
At 1 April 2022 185,600 179,546 33,230
Additions - - -
Disposals - - -
At 31 March 2023 185,600 179,546 33,230
DEPRECIATION
At 1 April 2022 - - 26,533
Charge for year - - 4,222
Eliminated on disposal - - -
At 31 March 2023 - - 30,755
NET BOOK VALUE
At 31 March 2023 185,600 179,546 2,475
At 31 March 2022 185,600 179,546 6,697

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£ £ £ £
COST
At 1 April 2022 10,890 422,766 16,393 848,425
Additions 1,014 - 2,262 3,276
Disposals - - (11,868 ) (11,868 )
At 31 March 2023 11,904 422,766 6,787 839,833
DEPRECIATION
At 1 April 2022 10,890 320,196 15,760 373,379
Charge for year 254 53,106 895 58,477
Eliminated on disposal - - (11,868 ) (11,868 )
At 31 March 2023 11,144 373,302 4,787 419,988
NET BOOK VALUE
At 31 March 2023 760 49,464 2,000 419,845
At 31 March 2022 - 102,570 633 475,046

Paul Bentley Wholesale Confectioner
Limited (Registered number: 05363403)

Notes to the Financial Statements - continued
for the year ended 31 March 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 587,820 445,453
Other debtors 169,893 201,847
757,713 647,300

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts 138,856 80,717
Hire purchase contracts 37,548 54,958
Trade creditors 635,725 485,250
Taxation and social security 59,889 26,182
Other creditors 75,496 77,302
947,514 724,409

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£ £
Hire purchase contracts 34,959 72,603

9. SECURED DEBTS

On 11 March 2020 a legal charge was created in favour of Lloyds Bank Plc over the freehold property known as Unit 1b, Catheralls Industrial Estate.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
50 Ordinary £1 50 50
50 A Ordinary £1 50 50
100 100

11. RESERVES
Retained
earnings
£

At 1 April 2022 521,728
Profit for the year 35,123
Dividends (54,000 )
At 31 March 2023 502,851

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Paul Bentley Wholesale Confectioner
Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Paul Bentley Wholesale Confectioner Limited for the year ended 31 March 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Paul Bentley Wholesale Confectioner Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Paul Bentley Wholesale Confectioner Limited and state those matters that we have agreed to state to the Board of Directors of Paul Bentley Wholesale Confectioner Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Paul Bentley Wholesale Confectioner Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Paul Bentley Wholesale Confectioner 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 profit of Paul Bentley Wholesale Confectioner Limited. You consider that Paul Bentley Wholesale Confectioner 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 Paul Bentley Wholesale Confectioner 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.






Bennett Brooks & Co Ltd
Chartered Accountants
19 Trinity Square
Llandudno
CONWY
LL30 2RD


11 October 2023