Caseware UK (AP4) 2022.0.179 2022.0.179 2023-09-302023-09-30No description of principal activity2022-10-01false811truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 00357540 2022-10-01 2023-09-30 00357540 2021-10-01 2022-09-30 00357540 2023-09-30 00357540 2022-09-30 00357540 c:Director1 2022-10-01 2023-09-30 00357540 c:Director4 2022-10-01 2023-09-30 00357540 d:Buildings 2022-10-01 2023-09-30 00357540 d:PlantMachinery 2022-10-01 2023-09-30 00357540 d:PlantMachinery 2023-09-30 00357540 d:PlantMachinery 2022-09-30 00357540 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 00357540 d:MotorVehicles 2022-10-01 2023-09-30 00357540 d:MotorVehicles 2023-09-30 00357540 d:MotorVehicles 2022-09-30 00357540 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 00357540 d:OfficeEquipment 2022-10-01 2023-09-30 00357540 d:OfficeEquipment 2023-09-30 00357540 d:OfficeEquipment 2022-09-30 00357540 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 00357540 d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 00357540 d:CurrentFinancialInstruments 2023-09-30 00357540 d:CurrentFinancialInstruments 2022-09-30 00357540 d:Non-currentFinancialInstruments 2023-09-30 00357540 d:Non-currentFinancialInstruments 2022-09-30 00357540 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 00357540 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 00357540 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 00357540 d:Non-currentFinancialInstruments d:AfterOneYear 2022-09-30 00357540 d:ShareCapital 2023-09-30 00357540 d:ShareCapital 2022-09-30 00357540 d:CapitalRedemptionReserve 2023-09-30 00357540 d:CapitalRedemptionReserve 2022-09-30 00357540 d:RetainedEarningsAccumulatedLosses 2023-09-30 00357540 d:RetainedEarningsAccumulatedLosses 2022-09-30 00357540 c:FRS102 2022-10-01 2023-09-30 00357540 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 00357540 c:FullAccounts 2022-10-01 2023-09-30 00357540 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 00357540 2 2022-10-01 2023-09-30 iso4217:GBP xbrli:pure

Registered number: 00357540









HODGKINSON BENNIS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2023

 
HODGKINSON BENNIS LIMITED
REGISTERED NUMBER: 00357540

BALANCE SHEET
AS AT 30 SEPTEMBER 2023

2023
2023
2022
2022
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
31,375
31,956

  
31,375
31,956

Current assets
  

Stocks
  
6,068
10,341

Debtors: amounts falling due within one year
 5 
152,691
176,291

Cash at bank and in hand
 6 
84,448
343,464

  
243,207
530,096

Creditors: amounts falling due within one year
 7 
(172,766)
(155,888)

Net current assets
  
 
 
70,441
 
 
374,208

Total assets less current liabilities
  
101,816
406,164

Creditors: amounts falling due after more than one year
 8 
(26,389)
(33,114)

  

Net assets
  
75,427
373,050


Capital and reserves
  

Called up share capital 
  
2
130,000

Capital redemption reserve
  
199,998
70,000

Profit and loss account
  
(124,573)
173,050

  
75,427
373,050


Page 1

 
HODGKINSON BENNIS LIMITED
REGISTERED NUMBER: 00357540
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
H M Greene
................................................
M J Crompton
Director
Director


Date: 15 April 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
HODGKINSON BENNIS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


General information

Hodgkinson Bennis Limited is a private company limited by shares. The Company is incorporated in England and Wales and the address of its registered office is Unit 10 Spring Street Business Park, Spring Street, Bolton, Greater Manchester, BL3 6EH. The registered number is 00357540.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided on the following basis:

Freehold property
-
Nil
Plant & machinery
-
25% straight line
Motor vehicles
-
25% reducing balance
Office equipment
-
25% straight line

Page 3

 
HODGKINSON BENNIS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.4

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid.

Page 4

 
HODGKINSON BENNIS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.11

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.12

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.13

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.


3.


Employees

The average monthly number of employees, including directors, during the year was 8 (2022 - 11).

Page 5

 
HODGKINSON BENNIS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4.


Tangible fixed assets





Plant & machinery
Motor vehicles
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 October 2022
9,111
61,799
22,058
92,968


Additions
2,141
11,800
2,548
16,489


Disposals
-
(26,550)
-
(26,550)



At 30 September 2023

11,252
47,049
24,606
82,907



Depreciation


At 1 October 2022
3,249
36,160
21,603
61,012


Charge for the year on owned assets
2,672
6,961
756
10,389


Disposals
-
(19,869)
-
(19,869)



At 30 September 2023

5,921
23,252
22,359
51,532



Net book value



At 30 September 2023
5,331
23,797
2,247
31,375



At 30 September 2022
5,862
25,639
455
31,956


5.


Debtors

2023
2022
£
£


Trade debtors
111,819
157,949

Prepayments and accrued income
40,345
17,815

Tax recoverable
527
527

152,691
176,291


Page 6

 
HODGKINSON BENNIS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
84,447
343,464

84,447
343,464



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
10,648
-

Trade creditors
123,617
77,332

Other taxation and social security
22,428
29,952

Obligations under finance lease and hire purchase contracts
4,551
-

Other creditors
30
30

Accruals and deferred income
11,492
48,574

172,766
155,888



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
16,780
37,259

Net obligations under finance leases and hire purchase contracts
9,609
(4,145)

26,389
33,114



9.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £6,993 (2022: £8,080). 

 
Page 7