Benning Brothers Investments Ltd 05513313 false 2022-10-01 2023-09-30 2023-09-30 The principal activity of the company is that of investment property. Digita Accounts Production Advanced 6.30.9574.0 true true 05513313 2022-10-01 2023-09-30 05513313 2023-09-30 05513313 core:RetainedEarningsAccumulatedLosses 2023-09-30 05513313 core:ShareCapital 2023-09-30 05513313 core:CurrentFinancialInstruments 2023-09-30 05513313 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 05513313 bus:SmallEntities 2022-10-01 2023-09-30 05513313 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 05513313 bus:FullAccounts 2022-10-01 2023-09-30 05513313 bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 05513313 bus:RegisteredOffice 2022-10-01 2023-09-30 05513313 bus:Director1 2022-10-01 2023-09-30 05513313 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 05513313 countries:EnglandWales 2022-10-01 2023-09-30 05513313 2021-10-01 2022-09-30 05513313 2022-09-30 05513313 core:RetainedEarningsAccumulatedLosses 2022-09-30 05513313 core:ShareCapital 2022-09-30 05513313 core:CurrentFinancialInstruments 2022-09-30 05513313 core:CurrentFinancialInstruments core:WithinOneYear 2022-09-30 iso4217:GBP xbrli:pure

Registration number: 05513313

Benning Brothers Investments Ltd

Unaudited Filleted Financial Statements

for the Year Ended 30 September 2023

 

Benning Brothers Investments Ltd

(Registration number: 05513313)
Balance Sheet as at 30 September 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

-

80,000

Cash at bank and in hand

 

545

17

 

545

80,017

Creditors: Amounts falling due within one year

5

(71,289)

(150,761)

Net liabilities

 

(70,744)

(70,744)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(70,844)

(70,844)

Shareholders' deficit

 

(70,744)

(70,744)

For the financial year ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 19 January 2024
 

.........................................
Mr S S Benning
Director

 

Benning Brothers Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Logix House
Wrotham Road
Meopham
Kent
DA13 0QB
United Kingdom

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Benning Brothers Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2022 - 2).

4

Debtors

2023
£

2022
£

Other debtors

-

80,000

-

80,000

5

Creditors

Note

2023
£

2022
£

Due within one year

 

Trade creditors

 

702

639

Amounts due to related parties

70,041

149,642

Accruals

 

546

480

 

71,289

150,761