Registration number: 01842159

Alan C Bennett & Sons Limited

Statement of Financial Position as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	5	30,890	41,187
Current assets
Debtors	6	302,253	483,326
Cash at bank and in hand		1,213	70,395
		303,466	553,721
Creditors: Amounts falling due within one year	7	(454,007)	(624,130)
Net current liabilities		(150,541)	(70,409)
Net liabilities		(119,651)	(29,222)
Capital and reserves
Called up share capital		360	360
Share premium reserve		219,818	219,818
Retained earnings		(339,829)	(249,400)
Shareholders' deficit		(119,651)	(29,222)

These financial statements have been prepared and 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 Income Statement.

Approved and authorised by the Board on 24 September 2025 and signed on its behalf by:
 

.........................................

Mr J B Spencer

Director

Company registration number: 01842159

Alan C Bennett & Sons Limited

Notes to the Financial Statements for the Year Ended 31 December 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:
GPS Marine House
Upnor Road
Lower Upnor
Rochester
Kent
ME2 4UY

The principal activity of the company is that of the provision of inland water freight transport.

2	Audit Report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 24 September 2025 was Martin Widdowson, who signed for and on behalf of Brebners.

3	Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

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.

Going concern

The company had net liabilities at 31 December 2024 of £119,651. At that date a net amount of £132,320 was due to group undertakings who have agreed to not call for repayment until such time as the company has sufficient working capital and to provide additional working capital if required.

On the basis of the above, and making enquiries the directors have a reasonable expectation that the company has adequate resources to remain in operational existence for the foreseeable future. Accordingly, the directors continue to going concern basis in preparing its financial statements.

Alan C Bennett & Sons Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of freight 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 turnover from the transportation of freight based upon the tonnage carried on the day the services are provided.

Tax

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

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.

Tangible assets

Tangible assets are stated in the statement of financial position 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 and Machinery	25% reducing balance

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.

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.

4	Staff numbers

The average number of persons employed by the company during the year, was 0 (2023 - 0).

Alan C Bennett & Sons Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

5	Tangible assets

	Plant and machinery £
Cost or valuation
At 1 January 2024	297,072
At 31 December 2024	297,072
Depreciation
At 1 January 2024	255,885
Charge for the year	10,297
At 31 December 2024	266,182
Carrying amount
At 31 December 2024	30,890
At 31 December 2023	41,187

6

Debtors

	2024 £	2023 £
Trade debtors	1,744	131,592
Amounts owed by group undertakings	286,753	314,319
Other debtors	13,756	37,415
	302,253	483,326

7

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Trade creditors	24,935	4,793
Amounts owed to group undertakings	419,073	609,337
Accruals and deferred income	9,999	10,000
	454,007	624,130