Registered Number:08560372 |
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2023
Benson Carpets Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Benson Carpets Limited
Statement of Financial Position
2022
2023
648
3,240
2
Property, plant and equipment |
11,807
7,034
3
12,455
10,274
12,979
15,200
4
Trade and other receivables |
32,998
62,642
5
102,534
Cash and cash equivalents |
104,235
182,077
148,511
Trade and other payables: amounts falling due within one year |
(135,057)
(162,043)
6
13,454
20,034
Net current assets
Total assets less current liabilities |
32,489
23,728
Trade and other payables: amounts falling due after more than one year |
(41,675)
(31,667)
7
822
Net assets/liabilities
(17,947)
2
2
820
(17,949)
822
(17,947)
Shareholders' funds
For the year ended 31 March 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
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 proper 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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Glenn Allen Fearnley Director |
These financial statements were approved and authorised for issue by the Board on 21 December 2023 and were signed by: |
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For the year ended 31 March 2023
Benson Carpets Limited
Statement of Financial Position Continued
The notes form part of these financial statements |
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For the year ended 31 March 2023
Benson Carpets Limited
Notes to the Financial Statements
Statutory Information
Benson Carpets Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 08560372. |
Principal place of business: |
Unit 1B & 1C
33 Buxton Road
Hazel Grove
Stockport
SK7 6AF
Horizon House
2 Whiting Street
Sheffield
S8 9QR
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The |
Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have |
been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of 10 years. |
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
2. Intangible fixed assets |
Goodwill
25,923
25,923
22,683
2,592
Charge for year
25,275
648
3,240
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For the year ended 31 March 2023
Benson Carpets Limited
Notes to the Financial Statements Continued
3. Property, plant and equipment |
Fixtures and fittings
Motor vehicles
9,957
578
-
9,379
7,695
-
7,695
-
9,379
7,695
578
17,652
Provision for depreciation and impairment |
2,923
578
-
2,345
Charge for year
2,922
-
577
2,345
5,845
578
577
4,690
4,689
7,118
-
11,807
7,034
-
-
7,034
2022
2023
15,200
12,979
5. Trade and other receivables |
2022
2023
5,009
2,816
57,633
30,182
32,998
62,642
6. Trade and other payables: amounts falling due within one year |
2022
2023
23,596
46,196
Taxation and social security |
27,184
18,955
111,263
69,906
162,043
135,057
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For the year ended 31 March 2023
Benson Carpets Limited
Notes to the Financial Statements Continued
7. Trade and other payables: amounts falling due after more than one year |
2022
2023
31,667
41,675
8. Average number of persons employed |
During the year the average number of employees was 6 (2022 : 6)
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