C & A Bennett (Tiling Contractors) Ltd 02741242 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is Tiling contractors Digita Accounts Production Advanced 6.30.9574.0 true true 02741242 2023-10-01 2024-09-30 02741242 2024-09-30 02741242 core:CurrentFinancialInstruments 2024-09-30 02741242 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 02741242 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 02741242 core:FurnitureFittings 2024-09-30 02741242 core:LandBuildings core:LongLeaseholdAssets 2024-09-30 02741242 core:MotorVehicles 2024-09-30 02741242 core:OfficeEquipment 2024-09-30 02741242 core:PlantMachinery 2024-09-30 02741242 bus:SmallEntities 2023-10-01 2024-09-30 02741242 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 02741242 bus:FilletedAccounts 2023-10-01 2024-09-30 02741242 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 02741242 bus:RegisteredOffice 2023-10-01 2024-09-30 02741242 bus:CompanySecretaryDirector1 2023-10-01 2024-09-30 02741242 bus:Director2 2023-10-01 2024-09-30 02741242 bus:Director3 2023-10-01 2024-09-30 02741242 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 02741242 core:FurnitureFittings 2023-10-01 2024-09-30 02741242 core:LandBuildings 2023-10-01 2024-09-30 02741242 core:LandBuildings core:LongLeaseholdAssets 2023-10-01 2024-09-30 02741242 core:MotorVehicles 2023-10-01 2024-09-30 02741242 core:OfficeEquipment 2023-10-01 2024-09-30 02741242 core:PlantMachinery 2023-10-01 2024-09-30 02741242 countries:EnglandWales 2023-10-01 2024-09-30 02741242 2023-09-30 02741242 core:FurnitureFittings 2023-09-30 02741242 core:LandBuildings core:LongLeaseholdAssets 2023-09-30 02741242 core:MotorVehicles 2023-09-30 02741242 core:OfficeEquipment 2023-09-30 02741242 core:PlantMachinery 2023-09-30 02741242 2022-10-01 2023-09-30 02741242 2023-09-30 02741242 core:CurrentFinancialInstruments 2023-09-30 02741242 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 02741242 core:Non-currentFinancialInstruments core:AfterOneYear 2023-09-30 02741242 core:FurnitureFittings 2023-09-30 02741242 core:LandBuildings core:LongLeaseholdAssets 2023-09-30 02741242 core:MotorVehicles 2023-09-30 02741242 core:OfficeEquipment 2023-09-30 02741242 core:PlantMachinery 2023-09-30 iso4217:GBP xbrli:pure

Registration number: 02741242

C & A Bennett (Tiling Contractors) Ltd

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 30 September 2024

 

C & A Bennett (Tiling Contractors) Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 9

 

C & A Bennett (Tiling Contractors) Ltd

Company Information

Directors

Mr CJ Bennett

Mr A Bennett

Mr W Bennett

Company secretary

Mr CJ Bennett

Registered office

Unit 32 Barnack Trading Centre
Novers Hill
Bristol
BS3 5QE

Accountants

Stone & Co Chartered Accountants
2 Charnwood House
Marsh Road
Ashton
Bristol
BS3 2NA

 

C & A Bennett (Tiling Contractors) Ltd

(Registration number: 02741242)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

         

Fixed assets

   

Tangible assets

4

 

250,554

258,254

Current assets

   

Stocks

5

8,127

 

9,052

Debtors

6

36,246

 

18,920

Cash at bank and in hand

 

36,420

 

53,143

 

80,793

 

81,115

Creditors: Amounts falling due within one year

7

(92,925)

 

(86,270)

Net current liabilities

   

(12,132)

(5,155)

Total assets less current liabilities

   

238,422

253,099

Creditors: Amounts falling due after more than one year

7

 

(33,502)

(42,021)

Provisions for liabilities

 

(4,587)

(5,914)

Net assets

   

200,333

205,164

Capital and reserves

   

Called up share capital

100

 

100

Retained earnings

200,233

 

205,064

Shareholders' funds

   

200,333

205,164

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

C & A Bennett (Tiling Contractors) Ltd

(Registration number: 02741242)
Balance Sheet as at 30 September 2024

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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 27 January 2025 and signed on its behalf by:
 

.........................................
Mr CJ Bennett
Company secretary and director

.........................................
Mr A Bennett
Director

.........................................
Mr W Bennett
Director

     
 

C & A Bennett (Tiling Contractors) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 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:
Unit 32 Barnack Trading Centre
Novers Hill
Bristol
BS3 5QE

These financial statements were authorised for issue by the Board on 27 January 2025.

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.

Going concern

The financial statements have been prepared on a going concern basis.

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 sales/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.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

C & A Bennett (Tiling Contractors) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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

Leasehold property

Straight line over term of lease

Plant and machinery

20% straight line

Fixtures and fittings

20% straight line

Motor vehicles

25% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

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

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

C & A Bennett (Tiling Contractors) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

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.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are 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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

C & A Bennett (Tiling Contractors) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

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 directors) during the year, was 5 (2023 - 4).

4

Tangible assets

Long leasehold land and buildings
£

Fixtures and fittings
£

Plant and machinery
£

Office equipment
£

Motor vehicles
 £

Cost or valuation

At 1 October 2023

247,239

9,334

1,361

510

80,808

Additions

-

-

114

-

-

At 30 September 2024

247,239

9,334

1,475

510

80,808

Depreciation

At 1 October 2023

12,184

9,334

770

306

58,404

Charge for the year

2,473

-

141

102

5,098

At 30 September 2024

14,657

9,334

911

408

63,502

Carrying amount

At 30 September 2024

232,582

-

564

102

17,306

At 30 September 2023

235,055

-

591

204

22,404

 

C & A Bennett (Tiling Contractors) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Total
£

Cost or valuation

At 1 October 2023

339,252

Additions

114

At 30 September 2024

339,366

Depreciation

At 1 October 2023

80,998

Charge for the year

7,814

At 30 September 2024

88,812

Carrying amount

At 30 September 2024

250,554

At 30 September 2023

258,254

Included within the net book value of land and buildings above is £232,583 (2023 - £235,055) in respect of long leasehold land and buildings.
 

5

Stocks

2024
£

2023
£

Other inventories

8,127

9,052

6

Debtors

Current

2024
£

2023
£

Trade debtors

25,021

8,594

Prepayments

3,341

2,735

Other debtors

7,884

7,591

 

36,246

18,920

 

C & A Bennett (Tiling Contractors) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

7

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

12,770

23,153

Trade creditors

 

10,175

5,635

Taxation and social security

 

27,460

23,236

Accruals and deferred income

 

1,900

14,393

Other creditors

 

40,620

19,853

 

92,925

86,270

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

33,502

42,021