49 47 Bentley Yorkshire Limited 07611305 false 2024-01-01 2025-04-30 2025-04-30 The principal activity of the company is the operation of a vehicle dealership in Keighley, West Yorkshire with a number of recognised marques. Digita Accounts Production Advanced 6.30.9574.0 true 07611305 2024-01-01 2025-04-30 07611305 2025-04-30 07611305 core:CurrentFinancialInstruments 2025-04-30 07611305 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-30 07611305 core:Non-currentFinancialInstruments 2025-04-30 07611305 core:Non-currentFinancialInstruments core:AfterOneYear 2025-04-30 07611305 core:Goodwill 2025-04-30 07611305 core:FurnitureFittingsToolsEquipment 2025-04-30 07611305 core:OtherPropertyPlantEquipment 2025-04-30 07611305 bus:SmallEntities 2024-01-01 2025-04-30 07611305 bus:AuditExemptWithAccountantsReport 2024-01-01 2025-04-30 07611305 bus:FilletedAccounts 2024-01-01 2025-04-30 07611305 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2025-04-30 07611305 bus:RegisteredOffice 2024-01-01 2025-04-30 07611305 bus:Director2 2024-01-01 2025-04-30 07611305 bus:PrivateLimitedCompanyLtd 2024-01-01 2025-04-30 07611305 core:Goodwill 2024-01-01 2025-04-30 07611305 core:FurnitureFittingsToolsEquipment 2024-01-01 2025-04-30 07611305 core:OtherPropertyPlantEquipment 2024-01-01 2025-04-30 07611305 core:PlantMachinery 2024-01-01 2025-04-30 07611305 countries:UnitedKingdom 2024-01-01 2025-04-30 07611305 2023-12-31 07611305 core:Goodwill 2023-12-31 07611305 core:FurnitureFittingsToolsEquipment 2023-12-31 07611305 core:OtherPropertyPlantEquipment 2023-12-31 07611305 2023-01-01 2023-12-31 07611305 2023-12-31 07611305 core:CurrentFinancialInstruments 2023-12-31 07611305 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 07611305 core:Non-currentFinancialInstruments 2023-12-31 07611305 core:Non-currentFinancialInstruments core:AfterOneYear 2023-12-31 07611305 core:FurnitureFittingsToolsEquipment 2023-12-31 07611305 core:OtherPropertyPlantEquipment 2023-12-31 xbrli:pure iso4217:GBP

Registration number: 07611305

Bentley Yorkshire Limited
Unaudited Financial Statements
for the Period from 1 January 2024 to 30 April 2025

Bentley Yorkshire Limited

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 8

Bentley Yorkshire Limited

(Registration number: 07611305)
Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2023 £
Fixed assets |  |  |
Tangible assets | 5 | 208,687 | 25,145
Current assets |  |  |
Stocks |  | 3,377,231 | 4,103,932
Debtors | 6 | 964,666 | 1,658,899
Cash at bank and in hand |  | 7,027 | 31,642
|  | 4,348,924 | 5,794,473
Creditors: Amounts falling due within one year | 7 | (3,973,153) | (5,429,410)
Net current assets |  | 375,771 | 365,063
Total assets less current liabilities |  | 584,458 | 390,208
Creditors: Amounts falling due after more than one year | 7 | (70,198) | (17,375)
Provisions for liabilities |  | (48,285) | (6,286)
Net assets |  | 465,975 | 366,547
Capital and reserves |  |  |
Called up share capital |  | 1 | 1
Retained earnings |  | 465,974 | 366,546
Shareholders' funds |  | 465,975 | 366,547

For the financial period ending 30 April 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 period 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 20 April 2026 and signed on its behalf by:

Mr MP Bentley Director |  |

Bentley Yorkshire Limited

Notes to the Unaudited Financial Statements for the Period from 1 January 2024 to 30 April 2025

1 | General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Keighley Kia And Mazda
Dalton Lane
Keighley
West Yorkshire
BD21 4JH
United Kingdom

These financial statements were authorised for issue by the Board on 20 April 2026.

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.

Bentley Yorkshire Limited

Notes to the Unaudited Financial Statements for the Period from 1 January 2024 to 30 April 2025

Key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Significant judgements
The judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows:
- Determination of recoverability of trade debtors. A specific provision is made against certain debts where in the opinion of the directors the debt is not fully recoverable.
- Determination of the useful life of tangible fixed assets. The directors review the life of the tangible assets and make a reasonable judgement of the life of that asset and depreciate it accordingly..

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tax

The tax expense for the period comprises deferred 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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Bentley Yorkshire Limited

Notes to the Unaudited Financial Statements for the Period from 1 January 2024 to 30 April 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
Plant and Machinery | 33% straight line
Fixtures, Fittings and Equipment | 33% - 100% straight line

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.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | 5% straight line

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.

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.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

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.

Bentley Yorkshire Limited

Notes to the Unaudited Financial Statements for the Period from 1 January 2024 to 30 April 2025

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.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

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

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

Bentley Yorkshire Limited

Notes to the Unaudited Financial Statements for the Period from 1 January 2024 to 30 April 2025

Financial instruments

Classification
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the period, was 49 (2023 - 47).

Bentley Yorkshire Limited

Notes to the Unaudited Financial Statements for the Period from 1 January 2024 to 30 April 2025

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 January 2024 | 7,758 | 7,758
At 30 April 2025 | 7,758 | 7,758
Amortisation
At 1 January 2024 | 7,758 | 7,758
At 30 April 2025 | 7,758 | 7,758
Carrying amount
At 30 April 2025 | - | -

5 | Tangible assets

| Furniture, fittings and equipment £ | Other tangible assets £ | Total £
Cost or valuation
At 1 January 2024 | 170,851 | 419,782 | 590,633
Additions | 209,897 | 26,049 | 235,946
At 30 April 2025 | 380,748 | 445,831 | 826,579
Depreciation
At 1 January 2024 | 166,974 | 398,514 | 565,488
Charge for the period | 30,250 | 22,154 | 52,404
At 30 April 2025 | 197,224 | 420,668 | 617,892
Carrying amount
At 30 April 2025 | 183,524 | 25,163 | 208,687
At 31 December 2023 | 3,877 | 21,268 | 25,145

6 | Debtors

Current | 2025 £ | 2023 £
Trade debtors | 568,347 | 202,841
Prepayments | 113,425 | 55,458
Other debtors | 282,894 | 1,400,600
| 964,666 | 1,658,899

Bentley Yorkshire Limited

Notes to the Unaudited Financial Statements for the Period from 1 January 2024 to 30 April 2025

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2023 £
Due within one year |  |  |
Loans and borrowings | 8 | 190,630 | 294,486
Trade creditors |  | 3,042,941 | 4,467,592
Taxation and social security |  | 137,164 | 250,644
Accruals and deferred income |  | 118,345 | 112,380
Other creditors |  | 484,073 | 304,308
|  | 3,973,153 | 5,429,410

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2023 £
Due after one year |  |  |
Loans and borrowings | 8 | 70,198 | 17,375

8 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2023 £
Bank borrowings | 70,198 | 17,375

Current loans and borrowings

| 2025 £ | 2023 £
Bank borrowings | 77,091 | 10,085
Bank overdrafts | 113,539 | 284,401
| 190,630 | 294,486