Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31Other business support service activities not elsfalsetrue3false32022-04-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08811002 2022-04-01 2023-03-31 08811002 2021-04-01 2022-03-31 08811002 2023-03-31 08811002 2022-03-31 08811002 c:Director1 2022-04-01 2023-03-31 08811002 d:CurrentFinancialInstruments 2023-03-31 08811002 d:CurrentFinancialInstruments 2022-03-31 08811002 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 08811002 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 08811002 d:ShareCapital 2023-03-31 08811002 d:ShareCapital 2022-03-31 08811002 d:RetainedEarningsAccumulatedLosses 2023-03-31 08811002 d:RetainedEarningsAccumulatedLosses 2022-03-31 08811002 c:FRS102 2022-04-01 2023-03-31 08811002 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 08811002 c:FullAccounts 2022-04-01 2023-03-31 08811002 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 08811002









BENINGTON DOOR SMS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
BENINGTON DOOR SMS LIMITED
REGISTERED NUMBER: 08811002

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Current assets
  

Stocks
  
-
3,834,652

Debtors
  
126,952
100,370

Cash at bank and in hand
 4 
219,508
4,874

  
346,460
3,939,896

Creditors: amounts falling due within one year
 5 
(346,740)
(3,946,125)

Net current liabilities
  
 
 
(280)
 
 
(6,229)

Total assets less current liabilities
  
(280)
(6,229)

  

Net liabilities
  
(280)
(6,229)


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
(1,280)
(7,229)

  
(280)
(6,229)

Page 1

 
BENINGTON DOOR SMS LIMITED
REGISTERED NUMBER: 08811002
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 November 2023.




P T L Leach
Director

The notes on pages 3 to 5 form part of these financial statements.
Page 2

 
BENINGTON DOOR SMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Benington Door Sms 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

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
BENINGTON DOOR SMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

  
2.4

Stocks

Development land and buildings are valued at the lower of cost and net realisable value and includes the cost of land and direct construction costs. This includes interest and finance charges directly attributable to the cost of constuction. 
Interest costs that are attributable to the development of properties in capitalised from the date of the initial expenditure on a given development commencing and continues untill the properties is not capitalised but is written off directly to the profit and loss account under interest payable and similar charges. 

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).


4.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
219,508
4,874

219,508
4,874


Page 4

 
BENINGTON DOOR SMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans and overdrafts
-
1,615,000

Amounts owed to associates
345,340
2,330,525

Accruals and deferred income
1,400
600

346,740
3,946,125


 
Page 5