IRIS Accounts Production v23.3.1.45 00626159 Board of Directors 1.10.22 30.9.23 30.9.23 false true false false false true false Fair value model Ordinary A 0.10000 Ordinary B, C & D 0.10000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh006261592022-09-30006261592023-09-30006261592022-10-012023-09-30006261592021-09-30006261592021-10-012022-09-30006261592022-09-3000626159ns10:Originalns15:EnglandWales2022-10-012023-09-3000626159ns14:PoundSterlingns10:Original2022-10-012023-09-3000626159ns10:Originalns10:Director12022-10-012023-09-3000626159ns10:Original2022-10-012023-09-3000626159ns10:Original2023-09-3000626159ns10:Originalns10:PrivateLimitedCompanyLtd2022-10-012023-09-3000626159ns10:Originalns10:SmallEntities2022-10-012023-09-3000626159ns10:Originalns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3000626159ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3000626159ns10:SmallCompaniesRegimeForAccountsns10:Original2022-10-012023-09-3000626159ns10:Originalns10:FullAccounts2022-10-012023-09-3000626159ns10:Original12022-10-012023-09-3000626159ns10:Originalns10:OrdinaryShareClass12022-10-012023-09-3000626159ns10:Originalns10:OrdinaryShareClass22022-10-012023-09-3000626159ns10:Originalns10:Director22022-10-012023-09-3000626159ns10:Originalns10:RegisteredOffice2022-10-012023-09-3000626159ns10:Original2022-09-3000626159ns10:Originalns5:CurrentFinancialInstruments2023-09-3000626159ns10:Originalns5:CurrentFinancialInstruments2022-09-3000626159ns5:ShareCapitalns10:Original2023-09-3000626159ns5:ShareCapitalns10:Original2022-09-3000626159ns10:Originalns5:SharePremium2023-09-3000626159ns10:Originalns5:SharePremium2022-09-3000626159ns10:Originalns5:FurtherSpecificReserve3ComponentTotalEquity2023-09-3000626159ns10:Originalns5:FurtherSpecificReserve3ComponentTotalEquity2022-09-3000626159ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-09-3000626159ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-09-3000626159ns10:Originalns5:NetGoodwill2022-10-012023-09-3000626159ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-10-012023-09-3000626159ns10:Originalns5:PlantMachinery2022-10-012023-09-3000626159ns10:Original2021-10-012022-09-3000626159ns10:Originalns5:NetGoodwill2022-09-3000626159ns10:Originalns5:NetGoodwill2023-09-3000626159ns10:Originalns5:NetGoodwill2022-09-3000626159ns10:Originalns5:PlantMachinery2022-09-3000626159ns10:Originalns5:PlantMachinery2023-09-3000626159ns10:Originalns5:PlantMachinery2022-09-3000626159ns10:Originalns5:CostValuation2023-09-3000626159ns10:Originalns5:CostValuation2022-09-3000626159ns10:Original2022-09-3000626159ns10:Originalns10:OrdinaryShareClass12023-09-3000626159ns10:Originalns10:OrdinaryShareClass22023-09-30
REGISTERED NUMBER: 00626159 (England and Wales)















Bonnington Associates Limited

Unaudited Financial Statements for the Year Ended 30 September 2023






Bonnington Associates Limited (Registered number: 00626159)






Contents of the Financial Statements
for the year ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bonnington Associates Limited

Company Information
for the year ended 30 September 2023







DIRECTORS: P Hallewell
J Hallewell





REGISTERED OFFICE: Flat 21 Globe Wharf
Rotherhithe Street
London
SE16 5XS





REGISTERED NUMBER: 00626159 (England and Wales)





ACCOUNTANTS: Webb & Co Ltd
Accountants and Business Advisers
One New Street
Wells
Somerset
BA5 2LA

Bonnington Associates Limited (Registered number: 00626159)

Balance Sheet
30 September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 3 - 6,000
Tangible assets 4 250 550
Investments 5 262,717 262,717
Investment property 6 400,000 396,300
662,967 665,567

CURRENT ASSETS
Cash at bank and in hand 633,886 22,844

CREDITORS
Amounts falling due within one year 7 719,316 148,569
NET CURRENT LIABILITIES (85,430 ) (125,725 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

577,537

539,842

PROVISIONS FOR LIABILITIES 95,494 72,576
NET ASSETS 482,043 467,266

CAPITAL AND RESERVES
Called up share capital 8 500 500
Share premium 115,914 115,914
Fair value reserve 299,321 322,239
Retained earnings 66,308 28,613
SHAREHOLDERS' FUNDS 482,043 467,266

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Bonnington Associates Limited (Registered number: 00626159)

Balance Sheet - continued
30 September 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 January 2024 and were signed on its behalf by:





P Hallewell - Director


Bonnington Associates Limited (Registered number: 00626159)

Notes to the Financial Statements
for the year ended 30 September 2023

1. 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 as modified by the revaluation of certain assets.

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

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 ten years.

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.
Plant and machinery - 33.3% on cost and 10% on cost

Investments in associates
Investments in associate undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Bonnington Associates Limited (Registered number: 00626159)

Notes to the Financial Statements - continued
for the year ended 30 September 2023

3. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2022
and 30 September 2023 60,000
AMORTISATION
At 1 October 2022 54,000
Amortisation for year 6,000
At 30 September 2023 60,000
NET BOOK VALUE
At 30 September 2023 -
At 30 September 2022 6,000

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 October 2022
and 30 September 2023 15,518
DEPRECIATION
At 1 October 2022 14,968
Charge for year 300
At 30 September 2023 15,268
NET BOOK VALUE
At 30 September 2023 250
At 30 September 2022 550

5. FIXED ASSET INVESTMENTS

2023 2022
£    £   
Participating interests 57,358 57,358
Loans to undertakings in which the
company has a participating interest

205,359

205,359
262,717 262,717

Bonnington Associates Limited (Registered number: 00626159)

Notes to the Financial Statements - continued
for the year ended 30 September 2023

5. FIXED ASSET INVESTMENTS - continued

Additional information is as follows:
Interest
in
associate
£   
COST
At 1 October 2022
and 30 September 2023 57,358
NET BOOK VALUE
At 30 September 2023 57,358
At 30 September 2022 57,358
Loans to
associates
£   
At 1 October 2022
and 30 September 2023 205,359

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2022
and 30 September 2023 400,000
DEPRECIATION
At 1 October 2022 3,700
Charge written back (3,700 )
At 30 September 2023 -
NET BOOK VALUE
At 30 September 2023 400,000
At 30 September 2022 396,300

Fair value at 30 September 2023 is represented by:
£   
Valuation in 2006 42,852
Valuation in 2017 322,000
Valuation in 2022 30,000
Cost 5,148
400,000

The investment properties were revalued by the directors by 30 September 2023.

Bonnington Associates Limited (Registered number: 00626159)

Notes to the Financial Statements - continued
for the year ended 30 September 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 738 391
Taxation and social security 20,349 13,590
Other creditors 698,229 134,588
719,316 148,569

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
3,546 Ordinary A £0.10 355 355
1,454 Ordinary B, C & D £0.10 145 145
500 500