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Registered number: 07958319
Benthom Developments Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
MJH Accountants Limited
129 Woodplumpton Road
Fulwood
Preston
Lancashire
PR2 3LF
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—6
Page 1
Balance Sheet
Registered number: 07958319
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 138,272 102,617
138,272 102,617
CURRENT ASSETS
Stocks 5 158,600 148,200
Debtors 6 286,720 207,178
Cash at bank and in hand 22,781 85,396
468,101 440,774
Creditors: Amounts Falling Due Within One Year 7 (227,534 ) (150,119 )
NET CURRENT ASSETS (LIABILITIES) 240,567 290,655
TOTAL ASSETS LESS CURRENT LIABILITIES 378,839 393,272
Creditors: Amounts Falling Due After More Than One Year 8 - (11,667 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (34,568 ) (26,655 )
NET ASSETS 344,271 354,950
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 344,171 354,850
SHAREHOLDERS' FUNDS 344,271 354,950
Page 1
Page 2
For the 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.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr A P Smith
Director
17 December 2025
The notes on pages 4 to 6 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 April 2023 100 314,031 314,131
Profit for the year and total comprehensive income - 68,819 68,819
Dividends paid - (28,000) (28,000)
As at 31 March 2024 and 1 April 2024 100 354,850 354,950
Profit for the year and total comprehensive income - 65,321 65,321
Dividends paid - (76,000) (76,000)
As at 31 March 2025 100 344,171 344,271
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Benthom Developments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07958319 . The registered office is 16 Berry Lane, Longridge, Preston, PR3 3JA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% on written down value
Motor Vehicles 25% on written down value
Fixtures & Fittings 33.3% on cost
Computer Equipment 33.3% on cost
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
Page 4
Page 5
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 18 (2024: 12)
18 12
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 66,687 125,324 1,793 6,910 200,714
Additions 32,145 31,000 587 5,227 68,959
Disposals - (8,100 ) - - (8,100 )
As at 31 March 2025 98,832 148,224 2,380 12,137 261,573
Depreciation
As at 1 April 2024 23,913 67,303 1,276 5,605 98,097
Provided during the period 12,387 15,378 372 1,073 29,210
Disposals - (4,006 ) - - (4,006 )
As at 31 March 2025 36,300 78,675 1,648 6,678 123,301
Net Book Value
As at 31 March 2025 62,532 69,549 732 5,459 138,272
As at 1 April 2024 42,774 58,021 517 1,305 102,617
5. Stocks
2025 2024
£ £
Stock 158,600 148,200
Page 5
Page 6
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 231,500 129,000
Other debtors 55,220 78,178
286,720 207,178
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 17,162 99,837
Bank loans and overdrafts - 10,000
Other creditors 178,461 4,000
Taxation and social security 31,911 36,282
227,534 150,119
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 11,667
9. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Bank loans and overdrafts - 21,667
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 7,500 -
Later than one year and not later than five years 1,875 -
9,375 -
Page 6