IRIS Accounts Productionv23.4.0.33604139833Board of Directors1.10.2230.9.2330.9.23falsetruefalsefalsefalsetruefalseFair value modelOrdinary A1.00000Ordinary B1.00000Ordinary C1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh041398332022-09-30041398332023-09-30041398332022-10-012023-09-30041398332021-09-30041398332021-10-012022-09-30041398332022-09-3004139833ns15:EnglandWales2022-10-012023-09-3004139833ns14:PoundSterling2022-10-012023-09-3004139833ns10:Director12022-10-012023-09-3004139833ns10:PrivateLimitedCompanyLtd2022-10-012023-09-3004139833ns10:SmallEntities2022-10-012023-09-3004139833ns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3004139833ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3004139833ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-3004139833ns10:FullAccounts2022-10-012023-09-300413983312022-10-012023-09-3004139833ns10:OrdinaryShareClass12022-10-012023-09-3004139833ns10:OrdinaryShareClass22022-10-012023-09-3004139833ns10:OrdinaryShareClass32022-10-012023-09-3004139833ns10:Director22022-10-012023-09-3004139833ns10:CompanySecretary12022-10-012023-09-3004139833ns10:RegisteredOffice2022-10-012023-09-3004139833ns5:CurrentFinancialInstruments2023-09-3004139833ns5:CurrentFinancialInstruments2022-09-3004139833ns5:Non-currentFinancialInstruments2023-09-3004139833ns5:Non-currentFinancialInstruments2022-09-3004139833ns5:NetGoodwill2022-10-012023-09-3004139833ns5:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3004139833ns5:LeaseholdImprovements2022-10-012023-09-3004139833ns5:PlantMachinery2022-10-012023-09-3004139833ns5:MotorVehicles2022-10-012023-09-3004139833ns5:ComputerEquipment2022-10-012023-09-3004139833ns5:NetGoodwill2022-09-3004139833ns5:NetGoodwill2023-09-3004139833ns5:NetGoodwill2022-09-3004139833ns5:LeaseholdImprovements2022-09-3004139833ns5:PlantMachinery2022-09-3004139833ns5:MotorVehicles2022-09-3004139833ns5:ComputerEquipment2022-09-3004139833ns5:LeaseholdImprovements2023-09-3004139833ns5:PlantMachinery2023-09-3004139833ns5:MotorVehicles2023-09-3004139833ns5:ComputerEquipment2023-09-3004139833ns5:LeaseholdImprovements2022-09-3004139833ns5:PlantMachinery2022-09-3004139833ns5:MotorVehicles2022-09-3004139833ns5:ComputerEquipment2022-09-3004139833ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-09-3004139833ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-10-012023-09-3004139833ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-09-3004139833ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-09-3004139833ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3004139833ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3004139833ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-09-3004139833ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-09-3004139833ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-09-3004139833ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-09-3004139833ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-09-3004139833ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-09-3004139833ns5:Secured2023-09-3004139833ns5:Secured2022-09-3004139833ns5:DeferredTaxation2022-09-3004139833ns5:DeferredTaxation2022-10-012023-09-3004139833ns5:DeferredTaxation2023-09-3004139833ns10:OrdinaryShareClass12023-09-3004139833ns10:OrdinaryShareClass22023-09-3004139833ns10:OrdinaryShareClass32023-09-3004139833ns5:RetainedEarningsAccumulatedLosses2022-09-3004139833ns5:FurtherSpecificReserve3ComponentTotalEquity2022-09-3004139833ns5:RetainedEarningsAccumulatedLosses2022-10-012023-09-3004139833ns5:RetainedEarningsAccumulatedLosses2023-09-3004139833ns5:FurtherSpecificReserve3ComponentTotalEquity2023-09-3004139833ns10:Director222022-09-3004139833ns10:Director222021-09-3004139833ns10:Director222022-10-012023-09-3004139833ns10:Director222021-10-012022-09-3004139833ns10:Director222023-09-3004139833ns10:Director222022-09-30041398331ns10:Director12022-09-30041398331ns10:Director12021-09-30041398331ns10:Director12022-10-012023-09-30041398331ns10:Director12021-10-012022-09-30041398331ns10:Director12023-09-30041398331ns10:Director12022-09-30

REGISTERED NUMBER: 04139833 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023

FOR


BENTLEY FIELDEN LTD


BENTLEY FIELDEN LTD (REGISTERED NUMBER: 04139833)







CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2023





Page



Company Information  

1



Balance Sheet  

2



Notes to the Financial Statements  

4




BENTLEY FIELDEN LTD


COMPANY INFORMATION

FOR THE YEAR ENDED 30TH SEPTEMBER 2023









DIRECTORS:

Mrs M Fielden


J H Fielden







SECRETARY:

Mrs M Fielden







REGISTERED OFFICE:

Bramley Barn


Hole Bottom


Todmorden


Lancashire


OL14 8DD







REGISTERED NUMBER:

04139833 (England and Wales)







ACCOUNTANTS:

Cresswells


12 Market Street


Hebden Bridge


West Yorkshire


HX7 6AD


BENTLEY FIELDEN LTD (REGISTERED NUMBER: 04139833)


BALANCE SHEET

30TH SEPTEMBER 2023



2023

2022



Notes

£   

£   

£   

£   


FIXED ASSETS

Intangible assets

4

1


1



Tangible assets

5

57,189


43,996



Investment property

6

90,000


80,000



147,190


123,997




CURRENT ASSETS

Stocks

97,437


90,690



Debtors

7

202,258


164,291



Cash in hand

-


3,351



299,695


258,332



CREDITORS

Amounts falling due within one year

8

304,063


296,891



NET CURRENT LIABILITIES

(4,368

)

(38,559

)


TOTAL ASSETS LESS CURRENT

LIABILITIES

142,822


85,438




CREDITORS

Amounts falling due after more than

one year

9

(86,374

)

(72,371

)



PROVISIONS FOR LIABILITIES

11

(14,297

)

(3,894

)


NET ASSETS

42,151


9,173




CAPITAL AND RESERVES

Called up share capital

12

1,000


1,000



Fair value reserve

13

17,179


7,179



Retained earnings

13

23,972


994



SHAREHOLDERS' FUNDS

42,151


9,173




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


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


BENTLEY FIELDEN LTD (REGISTERED NUMBER: 04139833)


BALANCE SHEET - continued

30TH 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 Income Statement has not been delivered.


The financial statements were approved by the Board of Directors and authorised for issue on 27th March 2024 and were signed on its behalf by:






J H Fielden - Director



BENTLEY FIELDEN LTD (REGISTERED NUMBER: 04139833)


NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2023


1.

STATUTORY INFORMATION



Bentley Fielden Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.


The presentation currency of the financial statements is the Pound Sterling (£).


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 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 2002, is being amortised evenly over its estimated useful life of fifteen 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 or, if held under a finance lease, over the lease term, whichever is the shorter.  


Improvements to property

-

over 10 years


Plant and machinery

-

over 4 years


Motor vehicles

-

over 5 years


Computer equipment

-

over 4 years



Investment properties

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.


Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.


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.


BENTLEY FIELDEN LTD (REGISTERED NUMBER: 04139833)


NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30TH SEPTEMBER 2023


2.

ACCOUNTING POLICIES - continued


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.


Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.


Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.


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.

3.

EMPLOYEES AND DIRECTORS



The average number of employees during the year was 4 (2022 - 4 ) .


4.

INTANGIBLE FIXED ASSETS


Goodwill

£   



COST


At 1st October 2022


and 30th September 2023

100,000




AMORTISATION


At 1st October 2022


and 30th September 2023

99,999




NET BOOK VALUE


At 30th September 2023

1




At 30th September 2022

1




BENTLEY FIELDEN LTD (REGISTERED NUMBER: 04139833)


NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30TH SEPTEMBER 2023


5.

TANGIBLE FIXED ASSETS


Improvements



to


Plant and


Motor


Computer



property


machinery


vehicles


equipment


Totals

£   

£   

£   

£   

£   



COST


At 1st October 2022

15,201


5,517


59,700


1,006


81,424




Additions

-


-


45,950


-


45,950




Disposals

-


-


(25,000

)

-


(25,000

)



At 30th September 2023

15,201


5,517


80,650


1,006


102,374




DEPRECIATION


At 1st October 2022

15,201


5,396


16,182


649


37,428




Charge for year

-


37


9,551


252


9,840




Eliminated on disposal

-


-


(2,083

)

-


(2,083

)



At 30th September 2023

15,201


5,433


23,650


901


45,185




NET BOOK VALUE


At 30th September 2023

-


84


57,000


105


57,189




At 30th September 2022

-


121


43,518


357


43,996





Fixed assets, included in the above, which are held under hire purchase contracts are as follows:


Motor


vehicles

£   



COST


At 1st October 2022

20,950




Additions

45,950




At 30th September 2023

66,900




DEPRECIATION


At 1st October 2022

349




Charge for year

9,551




At 30th September 2023

9,900




NET BOOK VALUE


At 30th September 2023

57,000




At 30th September 2022

20,601




6.

INVESTMENT PROPERTY


Total

£   



FAIR VALUE


At 1st October 2022

80,000




Revaluations

10,000




At 30th September 2023

90,000




NET BOOK VALUE


At 30th September 2023

90,000




At 30th September 2022

80,000




BENTLEY FIELDEN LTD (REGISTERED NUMBER: 04139833)


NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30TH SEPTEMBER 2023


6.

INVESTMENT PROPERTY - continued



Fair value at 30th September 2023 is represented by:

£   



Valuation in 2017

(1,821

)



Valuation in 2022

9,000




Valuation in 2023

10,000




Cost

72,821



90,000




7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


2023

2022


£   

£   



Trade debtors

89,062


54,830




Other debtors

394


3,013




Directors' current accounts

107,673


105,030




Tax

4,447


-




Prepayments and accrued income

682


1,418



202,258


164,291




8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


2023

2022


£   

£   



Bank loans and overdrafts

38,795


45,640




Hire purchase contracts

9,624


4,390




Trade creditors

154,772


188,270




Tax

40,681


33,734




Social security and other taxes

641


2,281




VAT

19,641


12,796




Other creditors

307


539




Invoice financing

33,822


-




Accrued expenses

5,780


9,241



304,063


296,891




9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE

YEAR


2023

2022


£   

£   



Bank loans - 1-2 years

17,160


17,471




Bank loans - 2-5 years

19,971


28,877




Bank loans repayable in more


than 5 years

4,101


9,463




Hire purchase contracts

45,142


16,560



86,374


72,371





Amounts falling due in more than five years:



Repayable by instalments


Bank loans repayable in more


than 5 years

4,101


9,463



4,101


9,463




BENTLEY FIELDEN LTD (REGISTERED NUMBER: 04139833)


NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30TH SEPTEMBER 2023


10.

SECURED DEBTS



The following secured debts are included within creditors:


2023

2022


£   

£   



Bank overdrafts

21,123


28,169




Bank loans

58,904


73,282




Hire purchase contracts

54,766


20,950



134,793


122,401





The company's bankers hold a fixed and floating charge over the assets of the company.


11.

PROVISIONS FOR LIABILITIES

2023

2022


£   

£   



Deferred tax

14,297


3,894





Deferred



tax


£   



Balance at 1st October 2022

3,894




Charge to Income Statement during year

10,403




Balance at 30th September 2023

14,297




12.

CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:


Number:

Class:

Nominal

2023

2022



value:

£   

£   



500

Ordinary A

£1

500


500




300

Ordinary B

£1

300


300




200

Ordinary C

£1

200


200



1,000


1,000






13.

RESERVES


Fair



Retained


value



earnings


reserve


Totals

£   

£   

£   




At 1st October 2022

994


7,179


8,173




Profit for the year

116,478


116,478




Dividends

(93,500

)

(93,500

)



Fair value adjustment

-


10,000


10,000




At 30th September 2023

23,972


17,179


41,151




BENTLEY FIELDEN LTD (REGISTERED NUMBER: 04139833)


NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30TH SEPTEMBER 2023


14.

TRANSACTIONS WITH DIRECTORS



The following advances and credits to directors subsisted during the years ended 30th September 2023 and 30th September 2022:


2023

2022


£   

£   



Mrs M Fielden


Balance outstanding at start of year

52,765


42,162




Amounts advanced

40,087


47,602




Amounts repaid

(58,498

)

(36,999

)



Amounts written off

-


-




Amounts waived

-


-




Balance outstanding at end of year

34,354


52,765





J H Fielden


Balance outstanding at start of year

52,286


86,391




Amounts advanced

87,826


74,724




Amounts repaid

(66,793

)

(108,829

)



Amounts written off

-


-




Amounts waived

-


-




Balance outstanding at end of year

73,319


52,286