Registration number: 12733808

Bentleys Estate Agents (Bingley) Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Bentleys Estate Agents (Bingley) Ltd

Company Information

Directors

Mr Aidan Joseph Bentley-Smith Mr Sean Robert Moore

Registered office

7-9 Briggate Shipley BD17 7BP

Accountants

Smith Butler Ltd Accountants & Business AdvisorsSapper Jordan Rossi Park Otley Road Baildon West Yorkshire BD17 7AX

Bentleys Estate Agents (Bingley) Ltd

(Registration number: 12733808)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	448,323	448,323
Tangible assets	5	13,575	17,509
		461,898	465,832
Current assets
Debtors	6	78,273	56,603
Cash at bank and in hand		3,145	5,199
		81,418	61,802
Creditors: Amounts falling due within one year	7	(48,303)	(103,530)
Net current assets/(liabilities)		33,115	(41,728)
Total assets less current liabilities		495,013	424,104
Creditors: Amounts falling due after more than one year	7	(526,293)	(477,559)
Net liabilities		(31,280)	(53,455)
Capital and reserves
Called up share capital	8	100	100
Retained earnings		(31,380)	(53,555)
Shareholders' deficit		(31,280)	(53,455)

Bentleys Estate Agents (Bingley) Ltd

(Registration number: 12733808)
Balance Sheet as at 31 March 2025

For the financial year ending 31 March 2025 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.

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 Profit and Loss Account.

Approved and authorised by the Board on 5 August 2025 and signed on its behalf by:
 

......................................... Mr Aidan Joseph Bentley-Smith Director

......................................... Mr Sean Robert Moore Director

Bentleys Estate Agents (Bingley) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

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:
7-9 Briggate
Shipley
BD17 7BP

These financial statements were authorised for issue by the Board on 5 August 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.

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 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.

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.

Bentleys Estate Agents (Bingley) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

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
Office equipment	Straight line - 25%
Fixtures and fittings	Reducing balance - 20%

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Intangible assets

The directors of the company believe that the value of Goodwill has not diminished at all since it was purchased.

It is the directors’ belief that the value of this purchased Goodwill will remain at the acquisition cost for the foreseeable future. Therefore the directors’ have not amortised the Goodwill and have set the Accounting Policy for Goodwill Amortisation at a rate of NIL per year.

The directors will review this on an annual basis.

Amortisation

The directors of the company believe that the value of Goodwill has not diminished at all since it was purchased.

It is the directors’ belief that the value of this purchased Goodwill will remain at the acquisition cost for the foreseeable future. Therefore the directors’ have not amortised the Goodwill and have set the Accounting Policy for Goodwill Amortisation at a rate of NIL per year.

Asset class	Amortisation method and rate
Goodwill	Nil

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.

Bentleys Estate Agents (Bingley) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

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.

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.

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.

Bentleys Estate Agents (Bingley) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 8 (2024 - 5).

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 April 2024	448,323	448,323
At 31 March 2025	448,323	448,323
Amortisation
Carrying amount
At 31 March 2025	448,323	448,323
At 31 March 2024	448,323	448,323

The directors of the company believe that the value of Goodwill has not diminished at all since it was purchased.

It is the directors’ belief that the value of this purchased Goodwill will remain at the acquisition cost for the foreseeable future. Therefore the directors’ have not amortised the Goodwill and have set the Accounting Policy for Goodwill Amortisation at a rate of NIL per year.

The directors will review this on an annual basis.

Bentleys Estate Agents (Bingley) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5	Tangible assets

	Fixtures and fittings £	Office equipment £	Total £
Cost or valuation
At 1 April 2024	9,701	15,930	25,631
Additions	-	1,558	1,558
At 31 March 2025	9,701	17,488	27,189
Depreciation
At 1 April 2024	2,199	5,923	8,122
Charge for the year	1,500	3,992	5,492
At 31 March 2025	3,699	9,915	13,614
Carrying amount
At 31 March 2025	6,002	7,573	13,575
At 31 March 2024	7,502	10,007	17,509

Bentleys Estate Agents (Bingley) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Debtors

Current	Note	2025 £	2024 £
Trade debtors		9,033	10,203
Amounts owed by related parties		63,429	45,450
Prepayments		4,841	-
Other debtors		970	950
		78,273	56,603

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings		24,000	60,000
Trade creditors		3,745	17,653
Taxation and social security		20,484	25,068
Other creditors		74	809
		48,303	103,530

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings		140,000	155,000
Other financial liabilities		386,293	322,559
		526,293	477,559

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100