Company registration number 13572012 (England and Wales)
Benchmark Builders Yorkshire Ltd
Unaudited
financial statements
for the year ended 31 August 2023
PAGES FOR FILING WITH REGISTRAR
Benchmark Builders Yorkshire Ltd
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
Benchmark Builders Yorkshire Ltd
Statement of financial position
as at 31 August 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
11,479
Current assets
Debtors
3,087
Cash at bank and in hand
419
8,743
3,506
8,743
Creditors: amounts falling due within one year
(40,000)
(5,304)
Net current (liabilities)/assets
(36,494)
3,439
Net (liabilities)/assets
(25,015)
3,439
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(25,115)
3,339
Total equity
(25,015)
3,439
In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
The director of the company has elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 6 March 2024
R Gear
Director
Company registration number 13572012 (England and Wales)
Benchmark Builders Yorkshire Ltd
Notes to the financial statements
for the year ended 31 August 2023
- 2 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
Turnover
Turnover represents the fair value of the consideration received for goods and services provided in the normal course of business, and is shown net of VAT.
Turnover is recognised upon the performance of contractual service obligations where a right to consideration is due.
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Motor vehicles
25% Reducing balance
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
1
1
Benchmark Builders Yorkshire Ltd
Notes to the financial statements (continued)
for the year ended 31 August 2023
- 3 -
3
Tangible fixed assets
Motor vehicles
£
Cost
At 1 September 2022
Additions
14,500
At 31 August 2023
14,500
Depreciation and impairment
At 1 September 2022
Depreciation charged in the year
3,021
At 31 August 2023
3,021
Carrying amount
At 31 August 2023
11,479
At 31 August 2022
4
Company information
Benchmark Builders Yorkshire Ltd is a private company limited by shares incorporated in England and Wales. The registered office is West House, King Cross Road, Halifax, West Yorkshire, HX1 1EB.