Bensons Plumbing & Heating Ltd 08471883 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is that of plumbing and heating services. Digita Accounts Production Advanced 6.30.9574.0 true 08471883 2023-04-01 2024-03-31 08471883 2024-03-31 08471883 core:RetainedEarningsAccumulatedLosses 2024-03-31 08471883 core:ShareCapital 2024-03-31 08471883 core:CurrentFinancialInstruments 2024-03-31 08471883 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 08471883 core:OfficeEquipment 2024-03-31 08471883 core:PlantMachinery 2024-03-31 08471883 bus:SmallEntities 2023-04-01 2024-03-31 08471883 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 08471883 bus:FullAccounts 2023-04-01 2024-03-31 08471883 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08471883 bus:RegisteredOffice 2023-04-01 2024-03-31 08471883 bus:Director1 2023-04-01 2024-03-31 08471883 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08471883 core:OfficeEquipment 2023-04-01 2024-03-31 08471883 core:PlantMachinery 2023-04-01 2024-03-31 08471883 countries:EnglandWales 2023-04-01 2024-03-31 08471883 2023-03-31 08471883 core:OfficeEquipment 2023-03-31 08471883 core:PlantMachinery 2023-03-31 08471883 2022-04-01 2023-03-31 08471883 2023-03-31 08471883 core:RetainedEarningsAccumulatedLosses 2023-03-31 08471883 core:ShareCapital 2023-03-31 08471883 core:CurrentFinancialInstruments 2023-03-31 08471883 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 08471883 core:OfficeEquipment 2023-03-31 08471883 core:PlantMachinery 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 08471883

Bensons Plumbing & Heating Ltd

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Bensons Plumbing & Heating Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 7

 

Bensons Plumbing & Heating Ltd

Company Information

Director

M B Tinsley

Registered office

20 The Witheys
Whitchurch Village
Bristol
BS14 0QB

Accountants

Burton Sweet Limited
Chartered Accountants and Business Advisers
Spencer House
6 Morston Court
Aisecome Way
Weston-super-Mare
North Somerset
BS22 8NG

 

Bensons Plumbing & Heating Ltd

(Registration number: 08471883)
Balance Sheet
31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

2,535

2,504

Current assets

 

Stocks

5

500

500

Debtors

6

6,688

2,149

Cash at bank and in hand

 

5,639

22,647

 

12,827

25,296

Creditors: Amounts falling due within one year

7

(7,228)

(27,725)

Net current assets/(liabilities)

 

5,599

(2,429)

Net assets

 

8,134

75

Capital and reserves

 

Called up share capital

10

10

Retained earnings

8,124

65

Shareholders' funds

 

8,134

75

 

Bensons Plumbing & Heating Ltd

(Registration number: 08471883)
Balance Sheet
31 March 2024

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 23 April 2024
 

.........................................
M B Tinsley
Director

 

Bensons Plumbing & Heating Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
20 The Witheys
Whitchurch Village
Bristol
BS14 0QB

These financial statements were authorised for issue by the director on 23 April 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Bensons Plumbing & Heating Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 March 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant & Machinery

25% on cost

Office equipment

25% on cost

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Bensons Plumbing & Heating Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 March 2024

4

Tangible assets

Plant and machinery
£

Office equipment
£

Total
£

Cost or valuation

At 1 April 2023

4,650

702

5,352

Additions

848

-

848

At 31 March 2024

5,498

702

6,200

Depreciation

At 1 April 2023

2,354

494

2,848

Charge for the year

786

31

817

At 31 March 2024

3,140

525

3,665

Carrying amount

At 31 March 2024

2,358

177

2,535

At 31 March 2023

2,296

208

2,504

5

Stocks

2024
£

2023
£

Other inventories

500

500

6

Debtors

2024
£

2023
£

Trade debtors

356

739

Other debtors

5,777

924

Prepayments

555

486

6,688

2,149

 

Bensons Plumbing & Heating Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 March 2024

7

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Taxation and social security

 

5,786

7,517

Other creditors

 

1,442

20,208

 

7,228

27,725