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REGISTERED NUMBER: 05482830 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

BENNINGTON GREEN LTD

BENNINGTON GREEN LTD (REGISTERED NUMBER: 05482830)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023










Page

Balance sheet 1

Notes to the financial statements 3


BENNINGTON GREEN LTD (REGISTERED NUMBER: 05482830)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Intangible assets 4 199,647 244,400
Tangible assets 5 28,249 34,009
227,896 278,409

Current assets
Stocks 6,651 7,035
Debtors 6 494,673 531,040
Cash at bank 601,869 391,158
1,103,193 929,233
Creditors
Amounts falling due within one year 7 752,830 605,580
Net current assets 350,363 323,653
Total assets less current liabilities 578,259 602,062

Creditors
Amounts falling due after more than one year 8 (90,567 ) (139,967 )

Provisions for liabilities 11 (7,062 ) (7,684 )
Net assets 480,630 454,411

Capital and reserves
Called up share capital 12 200 200
Retained earnings 480,430 454,211
Shareholders' funds 480,630 454,411

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

BENNINGTON GREEN LTD (REGISTERED NUMBER: 05482830)

BALANCE SHEET - continued
31 JULY 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 March 2024 and were signed on its behalf by:





Mrs V A Jones - Director


BENNINGTON GREEN LTD (REGISTERED NUMBER: 05482830)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023


1. Statutory information

Bennington Green Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 05482830. The registered office and business address is The Pagoda, 30 Avenue Road, Bournemouth, Dorset, BH2 5SL.

2. 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.

Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the development and maintenance of residential buildings, it is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion, where the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to subcontractors and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Goodwill
Acquired Goodwill is written off in equal annual installments over it's estimated useful economic life, at varying rates, specific to each acquisition, these are a combination of:
- 40 years
- 20 years
- 10 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.
Fixtures and fittings - 33% on cost
Motor vehicles - 25% on reducing balance

Stocks
Stock and Work In Progress are valued at the lower of cost and net realisable value.


BENNINGTON GREEN LTD (REGISTERED NUMBER: 05482830)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


2. Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

Group accounts
The financial statements present information about the company as an individual undertaking and not about its group. The company and its parent comprise a small-sized group. The group has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

3. Employees and directors

The average number of employees during the year was 20 (2022 - 18 ) .

4. Intangible fixed assets
Goodwill
£   
Cost
At 1 August 2022
and 31 July 2023 722,000
Amortisation
At 1 August 2022 477,600
Charge for year 44,753
At 31 July 2023 522,353
Net book value
At 31 July 2023 199,647
At 31 July 2022 244,400

BENNINGTON GREEN LTD (REGISTERED NUMBER: 05482830)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


5. Tangible fixed assets
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
Cost
At 1 August 2022 135,289 13,450 148,739
Additions 12,108 - 12,108
At 31 July 2023 147,397 13,450 160,847
Depreciation
At 1 August 2022 114,170 560 114,730
Charge for year 14,645 3,223 17,868
At 31 July 2023 128,815 3,783 132,598
Net book value
At 31 July 2023 18,582 9,667 28,249
At 31 July 2022 21,119 12,890 34,009

6. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 490,812 526,107
Prepayments and accrued income 3,861 4,933
494,673 531,040

7. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans and overdrafts 49,400 49,400
Trade creditors 62,443 142,823
Amounts owed to group undertakings 222,886 41,865
Tax 154,839 95,572
Social security and other taxes 23,604 15,695
Other creditors 8,357 7,611
VAT 121,924 96,826
Accruals and deferred income 109,377 155,788
752,830 605,580

8. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Bank loans - 1-2 years 49,400 49,400
Bank loans - 2-5 years 41,167 90,567
90,567 139,967

BENNINGTON GREEN LTD (REGISTERED NUMBER: 05482830)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


9. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 10,311 41,733

10. Secured debts

All monies due or to become due from the company to National Westminster Bank PLC on any account whatsoever and secured by way of a Debenture containing fixed and floating charges over the undertaking and all property and assets present and future including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant and machinery, dated 27 June 2006 and a fixed and floating charge over all property or undertaking of the company dated 27 January 2017.

11. Provisions for liabilities
2023 2022
£    £   
Deferred tax 7,062 7,684

Deferred
tax
£   
Balance at 1 August 2022 7,684
Credit to Income statement during year (622 )
Balance at 31 July 2023 7,062

12. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
200 Ordinary £1 200 200

13. Ultimate controlling party

The company is controlled by its parent Bennington Green Holdings Ltd owning 100% of the issued share capital.