Ernest Bennett & Co (Darlington) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00822990 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2025

for

Ernest Bennett & Company (Darlington)

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S T Maxey

I K Maxey

R W Maxey

D R Maxey

C J Godfrey

M S Bennett

REGISTERED OFFICE:

Unit 1

Caxton Way

Dinnington

Sheffield

S25 3QE

REGISTERED NUMBER:

00822990 (England and Wales)

ACCOUNTANTS:

Clive Owen LLP

Chartered Accountants

140 Coniscliffe Road

DARLINGTON

Co Durham

DL3 7RT

FIXED ASSETS

Tangible assets

4

1,310,713

1,232,001

CURRENT ASSETS

Stocks

5

315,893

382,079

Debtors

6

872,012

724,200

Cash at bank and in hand

965,591

1,060,387

2,153,496

2,166,666

CREDITORS

Amounts falling due within one year

7

(546,146

)

(618,315

)

NET CURRENT ASSETS

1,607,350

1,548,351

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,918,063

2,780,352

PROVISIONS FOR LIABILITIES

9

(185,825

)

(160,171

)

NET ASSETS

2,732,238

2,620,181

CAPITAL AND RESERVES

Called up share capital

10

150

Retained earnings

2,732,088

2,620,031

SHAREHOLDERS' FUNDS

2,732,238

2,620,181

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 27 April 2026 and were signed on its behalf by:

S T Maxey - Director

1.	STATUTORY INFORMATION

Ernest Bennett & Company (Darlington) 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

There were no material departures from that standard.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Income recognition

Income is recognised when goods have been delivered to/collected by the customer.

Tangible fixed assets

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

Freehold property

-

2% on cost

Plant and machinery

-

20% on reducing balance and 10% on cost

Fixtures and fittings

-

20% on cost and 10% on reducing balance

Motor vehicles

-

25% on cost

Tangible fixed assets are measured at cost less accumulated depreciation and impairment.

Stocks

Stocks are valued at the lower of cost and selling price less estimated costs to sell, after making due allowance for obsolete and slow moving items.

Financial instruments

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

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 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 35 (2024 - 34 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

COST

At 1 October 2024

812,895

3,175,837

100,895

327,349

4,416,976

Additions

-

118,638

4,605

132,536

255,779

Disposals

-

(65,255

)

(65,255

)

At 30 September 2025

812,895

3,294,475

105,500

394,630

4,607,500

DEPRECIATION

At 1 October 2024

275,112

2,624,364

67,210

218,289

3,184,975

Charge for year

14,058

103,754

6,438

44,858

169,108

Eliminated on disposal

-

(57,296

)

(57,296

)

At 30 September 2025

289,170

2,728,118

73,648

205,851

3,296,787

NET BOOK VALUE

At 30 September 2025

523,725

566,357

31,852

188,779

1,310,713

At 30 September 2024

537,783

551,473

33,685

109,060

1,232,001

5.

STOCKS

2025

2024

£

Finished goods

315,893

382,079

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

727,807

545,464

Other debtors

102,611

127,752

Directors' current accounts

1,185

12,389

Prepayments and accrued income

40,409

38,595

872,012

724,200

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

204,867

163,295

Taxation and social security

307,995

415,616

Other creditors

589

7,990

Accruals and deferred income

32,695

31,414

546,146

618,315

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

Within one year

1,676

5,028

Between one and five years

2,095

5,028

In more than five years

-

7,123

3,771

17,179

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

185,825

160,171

Deferred

tax

£

Balance at 1 October 2024

160,171

Accelerated capital allowances

25,654

Balance at 30 September 2025

185,825

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

10

A Ordinary

£1

10

B Ordinary

£1

10

C Ordinary

£1

10

D Ordinary

£1

10

E Ordinary

£1

10

F Ordinary

£1

10

56

G Ordinary

£1

56

34

H Ordinary

£1

34

150

The 'A', 'B', 'C', 'D', 'E', 'F', 'G' and 'H' shares shall constitute different classes of shares for the purposes of the Companies Act 2006 but shall, save as otherwise provided for, confer upon the holders thereof the same rights and rank pari passu in all respects except that the directors shall be entitled to pay such different dividend of the 'A', 'B', 'C', 'D', 'E', 'F', 'G' and 'H' shares as they shall from time to time decide.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2025 and 30 September 2024:

Director

2025

2024

£

Balance outstanding at start of year

12,389

20,993

Amounts advanced

-

Amounts repaid

(11,204

)

(8,604

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

1,185

12,389

12.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions which are under normal market conditions. The below transactions do not fall under normal market conditions:

2025

2024

£

Amounts owed from
director

1,185

12,389

No interest has been charged.