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REGISTERED NUMBER: 03388765 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Bennett Mechanical Services Limited

Bennett Mechanical Services Limited (Registered number: 03388765)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bennett Mechanical Services Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: P J Bennett





REGISTERED OFFICE: 7 Merlin Courtyard
Gatehouse Close
Aylesbury
Buckinghamshire
HP19 8DP





REGISTERED NUMBER: 03388765 (England and Wales)





ACCOUNTANTS: Danton Partners
7 Merlin Courtyard
Gatehouse Close
Aylesbury
Buckinghamshire
HP19 8DP

Bennett Mechanical Services Limited (Registered number: 03388765)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,629 7,769

CURRENT ASSETS
Debtors 5 174,004 76,528
Cash at bank 252,872 240,648
426,876 317,176
CREDITORS
Amounts falling due within one year 6 234,562 127,579
NET CURRENT ASSETS 192,314 189,597
TOTAL ASSETS LESS CURRENT
LIABILITIES

222,943

197,366

CREDITORS
Amounts falling due after more than one
year

7

14,936

24,824
NET ASSETS 208,007 172,542

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 207,907 172,442
SHAREHOLDERS' FUNDS 208,007 172,542

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Bennett Mechanical Services Limited (Registered number: 03388765)

Balance Sheet - continued
30 June 2024


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 director and authorised for issue on 3 February 2025 and were signed by:





P J Bennett - Director


Bennett Mechanical Services Limited (Registered number: 03388765)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Bennett Mechanical Services Limited 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.

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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

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
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.

Hire purchase and leasing commitments
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 6 (2023 - 6 ) .

Bennett Mechanical Services Limited (Registered number: 03388765)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2023 14,683 9,297 41,881 15,985 81,846
Additions - - 35,433 - 35,433
Disposals - - (25,995 ) - (25,995 )
At 30 June 2024 14,683 9,297 51,319 15,985 91,284
DEPRECIATION
At 1 July 2023 14,683 8,504 35,525 15,365 74,077
Charge for year - 119 9,847 206 10,172
Eliminated on disposal - - (23,594 ) - (23,594 )
At 30 June 2024 14,683 8,623 21,778 15,571 60,655
NET BOOK VALUE
At 30 June 2024 - 674 29,541 414 30,629
At 30 June 2023 - 793 6,356 620 7,769

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 170,835 73,118
Other debtors 3,169 3,410
174,004 76,528

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 131,651 54,220
Taxation and social security 77,101 61,864
Other creditors 15,810 1,495
234,562 127,579

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans 14,936 24,824

Bennett Mechanical Services Limited (Registered number: 03388765)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

30.6.24 30.6.23
£    £   
Bank loans 24,936 34,824

In November 2020 the company borrowed £50,000 under the Bounce Back Loan Scheme.

UK Government will cover any interest payable in the first 12 months through a Business Interruption Payment to the lender, and lenders benefit from a 100% government backed guarantee.

The government has set the interest rate for this loan at 2.5% per annum and the repayment term is fixed at six years. No repayments are due during the first 12 months.The company remains 100% liable to repay the full loan amount,as well as interest, after the first year.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
100 Ordinary shares £1 100 100

10. ULTIMATE CONTROLLING PARTY

P J Bennett and Mrs S Bennett are the ultimate controlling party by virtue of their shareholding in the company.