REGISTERED NUMBER: 12978189 (England and Wales)

Cheyney Bennett & Dagnall Limited

Unaudited Financial Statements

for the Year Ended 31st March 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Directors:

Mr G B Cheyney Bennett

Mr A H J Dagnall

Registered office:

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Registered number:

12978189 (England and Wales)

Accountants:

Wilson Stevens

Accountants

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Fixed assets

Tangible assets

4

5,875

5,565

Current assets

Debtors

5

182,893

87,225

Cash at bank

16,759

92,875

199,652

180,100

Creditors

Amounts falling due within one year

6

196,327

164,029

Net current assets

3,325

16,071

Total assets less current liabilities

9,200

21,636

Provisions for liabilities

8,369

1,391

Net assets

831

20,245

Capital and reserves

Called up share capital

400

400

Retained earnings

431

19,845

831

20,245

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 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 23rd December 2025 and were signed on its behalf by:

Mr A H J Dagnall - Director

1.	Statutory information

Cheyney Bennett & Dagnall 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.

At the balance sheet date the company's current liabilities exceeded its current assets and the company received assurance from the directors, that they will continue to give financial support to the company for twelve months from the date of signing of these financial statements.

On this basis, the directors considers it appropriate to prepare the financial statements on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis is used in preparing the company's financial statements may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The financial statements do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

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 the cost less estimated residual value of each asset over its estimated useful life.

Computer equipment

-

25% reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 (2024 - 8 ) .

4.	Tangible fixed assets

Computer

equipment

£

Cost

At 1st April 2024

9,298

Additions

2,223

At 31st March 2025

11,521

Depreciation

At 1st April 2024

3,733

Charge for year

1,913

At 31st March 2025

5,646

Net book value

At 31st March 2025

5,875

At 31st March 2024

5,565

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Other debtors

182,893

87,225

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

5,074

5,171

Taxation and social security

183,301

150,314

Other creditors

7,952

8,544

196,327

164,029

7.	Directors' advances, credits and guarantees

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

2025

2024

£

£

Mr G B Cheyney Bennett

Balance outstanding at start of year

(400

)

(411

)

Amounts advanced

19,350

11

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

18,950

(400

)

Mr A H J Dagnall

Balance outstanding at start of year

(392

)

(1,868

)

Amounts advanced

63,452

1,476

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

63,060

(392

)