REGISTERED NUMBER: 02585997 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 OCTOBER 2023 TO 31 DECEMBER 2024

FOR

BENTLEY HOUSE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

I W McKenna

Mrs C Mckenna

REGISTERED OFFICE:

First Floor

Black Country House

Rounds Green Road

Oldbury

West Midlands

B69 2DG

REGISTERED NUMBER:

02585997 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

Black Country House

Rounds Green Road

Oldbury

West Midlands

B69 2DG

FIXED ASSETS

Tangible assets

4

2,157,381

2,117,071

CURRENT ASSETS

Debtors

5

1,309,572

2,232,637

Cash at bank and in hand

128,774

137,159

1,438,346

2,369,796

CREDITORS

Amounts falling due within one year

6

567,935

1,925,146

NET CURRENT ASSETS

870,411

444,650

TOTAL ASSETS LESS CURRENT LIABILITIES

3,027,792

2,561,721

CREDITORS

Amounts falling due after more than one year

7

(72,373

)

(90,301

)

PROVISIONS FOR LIABILITIES

(82,278

)

(57,939

)

NET ASSETS

2,873,141

2,413,481

CAPITAL AND RESERVES

Called up share capital

100

100

Other reserves

1,100,799

1,100,799

Retained earnings

1,772,242

1,312,582

SHAREHOLDERS' FUNDS

2,873,141

2,413,481

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by:

I W McKenna - Director

1.	STATUTORY INFORMATION

Bentley House 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 as modified by the revaluation of certain assets.

Going concern

The company monitors occupancy levels and diligently controls costs to ensure cashflow is positive. The home is currently full with a waiting list and generating positive cashflows. Taking this into account and having reviewed the expected cashflows going forward the Directors have concluded that the Going Concern basis is appropriate to prepare these financial statements

Turnover

Turnover comprises revenue recognised by the company in respect of accommodation and services supplied during the year, exclusive of Value Added Tax. Turnover is recognised upon supply of the care provided.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold buildings

-

2% on cost

Caravan

-

15% on cost

Furniture and fittings

-

10% on cost

Motor vehicles

-

25% on cost

Office equipment

-

33.33% on cost

The company assesses the market value of freehold property held at each balance sheet date. The fair value gain or loss on the market value amount, is realised in other comprehensive income in the year to which it relates.

Financial instruments

The Company enters into basic financial instruments 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 non-puttable ordinary shares.

Government grants

Government grants relating to tangible fixed assets are treated as deferred income and released to the income statement over the expected useful lives of the assets concerned. Other grants are credited to the income statement as the related expenditure is incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 66 (2023 - 75 ) .

4.	TANGIBLE FIXED ASSETS

Furniture

Freehold

and

buildings

Caravan

fittings

£

£

£

Cost or valuation

At 1 October 2023

2,047,852

-

362,449

Additions

-

78,363

29,138

At 31 December 2024

2,047,852

78,363

391,587

Depreciation

At 1 October 2023

76,971

-

241,493

Charge for period

19,680

5,878

27,902

At 31 December 2024

96,651

5,878

269,395

Net book value

At 31 December 2024

1,951,201

72,485

122,192

At 30 September 2023

1,970,881

-

120,956

Motor

Office

vehicles

equipment

Totals

£

£

£

Cost or valuation

At 1 October 2023

41,215

2,776

2,454,292

Additions

-

409

107,910

At 31 December 2024

41,215

3,185

2,562,202

Depreciation

At 1 October 2023

18,032

725

337,221

Charge for period

12,880

1,260

67,600

At 31 December 2024

30,912

1,985

404,821

Net book value

At 31 December 2024

10,303

1,200

2,157,381

At 30 September 2023

23,183

2,051

2,117,071

Included in cost or valuation of land and buildings is freehold land of £ 150,000 (2023 - £ 150,000 ) which is not depreciated.

The directors are of the opinion that there is no significant difference to this value as at 31 December 2024.

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:

2024

2023

£

£

Motor vehicles

10,303

23,183

5.

DEBTORS

2024

2023

£

£

Amounts falling due within one year:

Trade debtors

118,375

69,757

Other debtors

1,540

13,236

Due from associated companies

933,399

1,152,273

Directors' loan accounts

-

748,169

Tax recoverable

242,445

-

Prepayments and accrued income

13,813

6,757

1,309,572

1,990,192

Amounts falling due after more than one year:

Tax recoverable

-

242,445

Aggregate amounts

1,309,572

2,232,637

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts (see note 8)

-

10,354

Hire purchase contracts (see note 9)

26,784

5,681

Trade creditors

122,119

96,178

Amounts owed to associated companies

-

1,170,745

Corporation tax

154,555

305,036

Social security and other taxes

62,630

137,242

Other creditors

8,025

8,748

Accruals and deferred income

193,822

191,162

567,935

1,925,146

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans (see note 8)

-

36,803

Hire purchase contracts (see note 9)

45,293

20,356

Deferred government grants

27,080

33,142

72,373

90,301

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

-

14,218

8.

LOANS

An analysis of the maturity of loans is given below:

2024

2023

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

-

3,038

Bank loans

-

7,316

-

10,354

2024

2023

£

£

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

5,239

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

17,346

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

-

14,218

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2024

2023

£

£

Net obligations repayable:

Within one year

26,784

5,681

Between one and five years

45,293

20,356

72,077

26,037

10.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

-

44,119

Hire purchase contracts

72,077

26,037

72,077

70,156

11.	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. Total amounts owed relating to pension commitments at the balance sheet date were £6,791 (2023: £5,366).

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 31 December 2024 and 30 September 2023:

2024

2023

Dr E P Bellamy

£

£

Balance outstanding at start of period

748,169

472,116

Amounts advanced

258,007

281,261

Amounts repaid

(1,006,176

)

(5,208

)

Balance outstanding at end of period

-

748,169

The details of the directors' loan account included in debtors is shown above. There is no interest charged or conditions in place regarding the overdrawn directors' loan account.

13.	POST BALANCE SHEET EVENTS

Since the reporting date of 31 December 2024, the company declared and paid dividends of £232,000, relating to the financial year ended 31 December 2024.

14.	ULTIMATE CONTROLLING PARTY

The company is owned by Bentley House (Atherstone) Limited.

The company is controlled by Mr I W McKenna.