Company registration number 03934639 (England and Wales)
BINKS (SALES AND LETTINGS) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
BINKS (SALES AND LETTINGS) LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
BINKS (SALES AND LETTINGS) LIMITED
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
15,905
19,418
Current assets
Debtors
4
64,156
50,866
Cash at bank and in hand
118,730
106,718
182,886
157,584
Creditors: amounts falling due within one year
5
(68,782)
(74,139)
Net current assets
114,104
83,445
Total assets less current liabilities
130,009
102,863
Provisions for liabilities
6
(2,236)
(2,801)
Net assets
127,773
100,062
Capital and reserves
Called up share capital
8
5,000
5,000
Profit and loss reserves
122,773
95,062
Total equity
127,773
100,062

For the financial year ended 31 March 2026 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 6 August 2026 and are signed on its behalf by:
Mr S R A Binks
Director
Company registration number 03934639 (England and Wales)
BINKS (SALES AND LETTINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 2 -
1
Accounting policies
Company information

Binks (Sales and Lettings) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 166 College Road, Harrow, Middlesex, HA1 1RA.

1.1
Accounting convention

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
Turnover

Turnover represents income receivable from sale, letting and management of properties net of VAT. Income is recognised in the period to which it relates.

1.3
Tangible fixed assets

Tangible fixed assets are measured at cost net of depreciation and any impairment losses.

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

Improvement to properties
20% Reducing Balance
Plant and machinery
33% Straight Line
Fixtures, fittings & equipment
20% & 33% 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.

1.4
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 measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.

BINKS (SALES AND LETTINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 3 -
Basic financial liabilities

Basic financial liabilities, including creditors, are 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.

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.

1.5
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.

1.6
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.

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.

1.7
Leases

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:

2026
2025
Number
Number
Total
7
6
BINKS (SALES AND LETTINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 4 -
3
Tangible fixed assets
Improvement to properties
Plant and machinery
Fixtures, fittings & equipment
Total
£
£
£
£
Cost
At 1 April 2025
33,110
4,460
64,510
102,080
Additions
-
0
-
0
6,443
6,443
At 31 March 2026
33,110
4,460
70,953
108,523
Depreciation and impairment
At 1 April 2025
24,921
4,460
53,281
82,662
Depreciation charged in the year
1,638
-
0
8,318
9,956
At 31 March 2026
26,559
4,460
61,599
92,618
Carrying amount
At 31 March 2026
6,551
-
0
9,354
15,905
At 31 March 2025
8,189
-
0
11,229
19,418
4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
55,973
48,370
Other debtors
8,183
2,496
64,156
50,866
5
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
7,375
4,485
Corporation tax
19,531
19,634
Other taxation and social security
29,657
35,966
Other creditors
12,219
14,054
68,782
74,139
6
Provisions for liabilities
2026
2025
£
£
Deferred tax liabilities
2,236
2,801
BINKS (SALES AND LETTINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 5 -
7
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the company and movements thereon:

Liabilities
Liabilities
Assets
Assets
2026
2025
2026
2025
Balances:
£
£
£
£
Accelerated capital allowances
2,236
2,801
-
-
2026
Movements in the year:
£
Liability at 1 April 2025
2,801
Credit to profit or loss
(565)
Liability at 31 March 2026
2,236
8
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary Shares of £1 each
5,000
5,000
5,000
5,000
9
Operating lease commitments

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

2026
2025
£
£
65,000
78,000
10
Related party transactions

Included in other creditors is an amount outstanding to the directors of £1 2,219 (2025: £13,642).

2026-03-31 2025-04-01 false false false 06 August 2026 CCH Software CCH Accounts Production 2026.200 No description of principal activity Mr S R A Binks Mrs S J Binks Mr M O'Neill Mr S R A Binks 03934639 2025-04-01 2026-03-31 03934639 2026-03-31 03934639 core:WithinOneYear 2026-03-31 03934639 core:WithinOneYear 2025-03-31 03934639 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 03934639 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 03934639 2025-03-31 03934639 core:ShareCapital 2026-03-31 03934639 core:ShareCapital 2025-03-31 03934639 core:RetainedEarningsAccumulatedLosses 2026-03-31 03934639 core:RetainedEarningsAccumulatedLosses 2025-03-31 03934639 core:ShareCapitalOrdinaryShareClass1 2026-03-31 03934639 core:ShareCapitalOrdinaryShareClass1 2025-03-31 03934639 bus:CompanySecretaryDirector1 2025-04-01 2026-03-31 03934639 core:LandBuildings core:LeasedAssetsHeldAsLessee 2025-04-01 2026-03-31 03934639 core:PlantMachinery 2025-04-01 2026-03-31 03934639 core:FurnitureFittings 2025-04-01 2026-03-31 03934639 2024-04-01 2025-03-31 03934639 core:LandBuildings core:LeasedAssetsHeldAsLessee 2025-03-31 03934639 core:PlantMachinery 2025-03-31 03934639 core:FurnitureFittings 2025-03-31 03934639 2025-03-31 03934639 core:LandBuildings core:LeasedAssetsHeldAsLessee 2026-03-31 03934639 core:PlantMachinery 2026-03-31 03934639 core:FurnitureFittings 2026-03-31 03934639 core:LandBuildings 2025-03-31 03934639 core:PlantMachinery 2025-03-31 03934639 core:FurnitureFittings 2025-03-31 03934639 core:CurrentFinancialInstruments 2026-03-31 03934639 core:CurrentFinancialInstruments 2025-03-31 03934639 bus:OrdinaryShareClass1 2025-04-01 2026-03-31 03934639 bus:OrdinaryShareClass1 2026-03-31 03934639 bus:OrdinaryShareClass1 2025-03-31 03934639 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 03934639 bus:FRS102 2025-04-01 2026-03-31 03934639 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 03934639 bus:Director1 2025-04-01 2026-03-31 03934639 bus:Director2 2025-04-01 2026-03-31 03934639 bus:Director3 2025-04-01 2026-03-31 03934639 bus:CompanySecretary1 2025-04-01 2026-03-31 03934639 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 03934639 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP