REGISTERED NUMBER: 03723811 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

Bennetts Castle Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B T Hollington

Mrs J L Barlow

Mrs H V Norris

SECRETARY:

B T Hollington

REGISTERED OFFICE:

140 Rayne Road

Braintree

Essex

CM7 2QR

REGISTERED NUMBER:

03723811 (England and Wales)

ACCOUNTANTS:

Baverstocks Group Limited

140 Rayne Road

Braintree

Essex

CM7 2QR

FIXED ASSETS

Tangible assets

4

944,010

1,046,146

CURRENT ASSETS

Debtors

5

925,355

540,785

Cash at bank and in hand

1,407,892

1,449,733

2,333,247

1,990,518

CREDITORS

Amounts falling due within one year

6

1,182,186

987,488

NET CURRENT ASSETS

1,151,061

1,003,030

TOTAL ASSETS LESS CURRENT LIABILITIES

2,095,071

2,049,176

CREDITORS

Amounts falling due after more than one year

7

(418,891

)

(674,497

)

PROVISIONS FOR LIABILITIES

(61,272

)

(72,629

)

NET ASSETS

1,614,908

1,302,050

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,613,908

1,301,050

SHAREHOLDERS' FUNDS

1,614,908

1,302,050

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 November 2025 and were signed on its behalf by:

B T Hollington - Director

1.	STATUTORY INFORMATION

Bennetts Castle 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.

Turnover

Turnover represents fees received for the provision of care for the elderly.

Tangible fixed assets

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

Land and buildings

-

over the period of the lease

Plant and machinery etc

-

25% on cost, 25% on reducing balance and 15% on reducing balance

The leasehold property was revalued on 31 March 2015 and from 1 April 2015 the remaining net book value will be depreciated over the remaining term of the lease, which is due to expire in June 2038.

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 95 (2024 - 93 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures,

Short

to

fittings

Motor

leasehold

property

& equipment

vehicles

Totals

£

£

£

£

£

COST OR VALUATION

At 1 April 2024

1,165,009

34,991

690,313

100,374

1,990,687

Additions

-

-

42,180

-

42,180

At 31 March 2025

1,165,009

34,991

732,493

100,374

2,032,867

DEPRECIATION

At 1 April 2024

455,868

13,689

406,044

68,940

944,541

Charge for year

50,652

1,521

84,285

7,858

144,316

At 31 March 2025

506,520

15,210

490,329

76,798

1,088,857

NET BOOK VALUE

At 31 March 2025

658,489

19,781

242,164

23,576

944,010

At 31 March 2024

709,141

21,302

284,269

31,434

1,046,146

Cost or valuation at 31 March 2025 is represented by:

Improvements

Fixtures,

Short

to

fittings

Motor

leasehold

property

& equipment

vehicles

Totals

£

£

£

£

£

Valuation in 2007

1,473,062

-

-

-

1,473,062

Valuation in 2011

1,000,000

-

-

-

1,000,000

Valuation in 2015

(3,724,336

)

-

-

-

(3,724,336

)

Cost

2,416,283

34,991

732,493

100,374

3,284,141

1,165,009

34,991

732,493

100,374

2,032,867

If land and buildings had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

2,416,283

2,416,283

Land and buildings were valued on an open market basis on 31 March 2015 by Pinders .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

435,995

483,066

Other debtors

489,360

57,719

925,355

540,785

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

246,440

229,476

Trade creditors

115,471

74,036

Taxation and social security

342,739

263,278

Other creditors

477,536

420,698

1,182,186

987,488

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

418,891

674,497

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

665,331

903,973

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mrs J L Barlow

Balance outstanding at start of year

-

-

Amounts advanced

20,000

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

20,000

-

No interest has been charged on the overdrawn balances. The loans are repayable on demand.

During the year under review the company paid rent of £240,000 (2024 : £230,000) for its trading premises to the director, B Hollington. The director considers this to be a fair market rent.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is B T Hollington.