Company registration number 06783589 (England and Wales)
BENNETT JONES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
BENNETT JONES LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 8
BENNETT JONES LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
115,590
41,662
Investments
4
-
0
100
115,590
41,762
Current assets
Debtors
5
2,344,645
2,192,353
Cash at bank and in hand
1,155,998
903,322
3,500,643
3,095,675
Creditors: amounts falling due within one year
6
(1,039,301)
(788,542)
Net current assets
2,461,342
2,307,133
Total assets less current liabilities
2,576,932
2,348,895
Provisions for liabilities
(24,609)
(5,996)
Net assets
2,552,323
2,342,899
Capital and reserves
Called up share capital
7
533,333
533,333
Profit and loss reserves
2,018,990
1,809,566
Total equity
2,552,323
2,342,899
BENNETT JONES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2025
31 December 2025
- 2 -

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 12 March 2026 and are signed on its behalf by:
Mr A M Hayes
Mr M Smith
Director
Director
Company registration number 06783589 (England and Wales)
BENNETT JONES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
1
Accounting policies
Company information

Bennett Jones Limited is a private company limited by shares incorporated in England and Wales. The registered office is 18-22 Lloyd Street, Manchester, M2 5WA.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown gross.

Turnover represents amounts recognised by the company in respect of services supplied, exclusive of Value Added Tax.

- servicing fees which represent a % of fees recovered from IVA cases in the period and paid to

third parties who have been assigned rights to the fees;

- Fees from the assignment of IVA Cases fees for new cases to a third party in an agreed period.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold land and buildings
2% straight line
Fixtures and fittings
25% straight line
Computer Equipment
25% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

BENNETT JONES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 4 -

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less.

1.8
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

BENNETT JONES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 5 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.10
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.11
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

BENNETT JONES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 6 -
1.12
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.13
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
57
54
3
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 January 2025
17,388
54,331
71,719
Additions
-
0
102,551
102,551
At 31 December 2025
17,388
156,882
174,270
Depreciation and impairment
At 1 January 2025
-
0
30,057
30,057
Depreciation charged in the year
348
28,275
28,623
At 31 December 2025
348
58,332
58,680
Carrying amount
At 31 December 2025
17,040
98,550
115,590
At 31 December 2024
17,388
24,274
41,662
4
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
-
0
100
BENNETT JONES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
4
Fixed asset investments
(Continued)
- 7 -
Movements in fixed asset investments
Shares in subsidiaries
£
Cost or valuation
At 1 January 2025
100
Disposals
(100)
At 31 December 2025
-
Carrying amount
At 31 December 2025
-
At 31 December 2024
100
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
607,513
686,762
Amounts owed by group undertakings
432,633
-
0
Other debtors
1,304,499
1,505,591
2,344,645
2,192,353
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
279,190
346,633
Taxation and social security
219,671
247,878
Other creditors
540,440
194,031
1,039,301
788,542
7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Preference Shares of £1 each
400,000
400,000
400,000
400,000
Ordinary Shares of 1p each
1,000,000
1,000,000
10,000
10,000
A Ordinary Shares of 1p each
6,166,636
6,166,636
61,666
61,666
B Ordinary Shares of 1p each
6,166,700
6,166,700
61,667
61,667
13,733,336
13,733,336
533,333
533,333
BENNETT JONES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 8 -
8
Operating lease commitments
As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
2024
£
£
Total commitments
367,239
489,637
9
Related party transactions
Transactions with related parties

Included within debtors are amounts owed by companies under common control amounting to £896,520 (2024 - £808,952). These balances are unsecured, interest free and repayable on demand.

10
Directors' transactions

Included within debtors is a director's loan account with a balance of £136,806 (2024 - £5,029). The balance is unsecured, interest free and repayable on demand. This amount has subsequently been repaid after the year end.

Dividends totalling £203,820 (2024 - £336,000) were paid in the year in respected of shares held by the company's directors.

2025-12-31 2025-01-01 false false false 21 March 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr A M Hayes Mr M Smith Mr G J Mullarkey 06783589 2025-01-01 2025-12-31 06783589 2025-12-31 06783589 2024-12-31 06783589 core:LandBuildings 2025-12-31 06783589 core:OtherPropertyPlantEquipment 2025-12-31 06783589 core:LandBuildings 2024-12-31 06783589 core:OtherPropertyPlantEquipment 2024-12-31 06783589 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 06783589 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 06783589 core:WithinOneYear 2025-12-31 06783589 core:WithinOneYear 2024-12-31 06783589 core:CurrentFinancialInstruments 2025-12-31 06783589 core:CurrentFinancialInstruments 2024-12-31 06783589 core:ShareCapital 2025-12-31 06783589 core:ShareCapital 2024-12-31 06783589 core:RetainedEarningsAccumulatedLosses 2025-12-31 06783589 core:RetainedEarningsAccumulatedLosses 2024-12-31 06783589 core:ShareCapitalOrdinaryShareClass1 2025-12-31 06783589 core:ShareCapitalOrdinaryShareClass1 2024-12-31 06783589 core:ShareCapitalOrdinaryShareClass2 2025-12-31 06783589 core:ShareCapitalOrdinaryShareClass2 2024-12-31 06783589 core:ShareCapitalOrdinaryShareClass3 2025-12-31 06783589 core:ShareCapitalOrdinaryShareClass3 2024-12-31 06783589 core:ShareCapitalOrdinaryShareClass4 2025-12-31 06783589 core:ShareCapitalOrdinaryShareClass4 2024-12-31 06783589 core:ShareCapitalOrdinaryShares 2025-12-31 06783589 core:ShareCapitalOrdinaryShares 2024-12-31 06783589 bus:Director1 2025-01-01 2025-12-31 06783589 bus:Director2 2025-01-01 2025-12-31 06783589 core:LandBuildings core:LongLeaseholdAssets 2025-01-01 2025-12-31 06783589 core:FurnitureFittings 2025-01-01 2025-12-31 06783589 core:ComputerEquipment 2025-01-01 2025-12-31 06783589 2024-01-01 2024-12-31 06783589 core:LandBuildings 2024-12-31 06783589 core:OtherPropertyPlantEquipment 2024-12-31 06783589 2024-12-31 06783589 core:LandBuildings 2025-01-01 2025-12-31 06783589 core:OtherPropertyPlantEquipment 2025-01-01 2025-12-31 06783589 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 06783589 bus:OrdinaryShareClass2 2025-01-01 2025-12-31 06783589 bus:OrdinaryShareClass3 2025-01-01 2025-12-31 06783589 bus:OrdinaryShareClass4 2025-01-01 2025-12-31 06783589 bus:OrdinaryShareClass1 2025-12-31 06783589 bus:OrdinaryShareClass1 2024-12-31 06783589 bus:OrdinaryShareClass2 2025-12-31 06783589 bus:OrdinaryShareClass2 2024-12-31 06783589 bus:OrdinaryShareClass3 2025-12-31 06783589 bus:OrdinaryShareClass3 2024-12-31 06783589 bus:OrdinaryShareClass4 2025-12-31 06783589 bus:OrdinaryShareClass4 2024-12-31 06783589 bus:AllOrdinaryShares 2025-12-31 06783589 bus:AllOrdinaryShares 2024-12-31 06783589 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 06783589 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 06783589 bus:FRS102 2025-01-01 2025-12-31 06783589 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 06783589 bus:Director3 2025-01-01 2025-12-31 06783589 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP