William Bennett Construction Ltd

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—5

Registered number: 05702436

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		9,168		10,857

			9,168		10,857
CURRENT ASSETS
Stocks		5,000		5,000
Debtors		44,122		21,728
Cash at bank and in hand		18,068		209

		67,190		26,937
Creditors: Amounts Falling Due Within One Year		(47,686 )		(67,565 )

NET CURRENT ASSETS (LIABILITIES)			19,504		(40,628 )

TOTAL ASSETS LESS CURRENT LIABILITIES			28,672		(29,771 )

Creditors: Amounts Falling Due After More Than One Year	5		(202,541 )		(182,062 )

NET LIABILITIES			(173,869 )		(211,833 )

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			(173,969 )		(211,933 )

SHAREHOLDERS' FUNDS			(173,869)		(211,833)

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William Bennett Construction Ltd

Abridged Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 September 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr James Bennett

Director

17/09/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

William Bennett Construction Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05702436 . The registered office is 22 Heath Avenue, Mansfield, Nottinghamshire, NG18 3EU.

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 for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership 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

2.3. Tangible Fixed Assets and Depreciation

All fixed assets are initially recorded at cost. The only exception is investment properties which though initially valued at cost are revalued annually, at the balance sheet date, to reflect their open market value.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold	Straight line over length of lease
Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance
Computer Equipment	33% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

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William Bennett Construction Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 30 September 2025

2.4. Leasing and Hire Purchase Contracts

Assets held under finance leases and hire purchase contracts are recognised in the balance sheet as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.

Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

2.5. Stocks and Work in Progress

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.

2.6. Pensions

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2024: 7)

4. Tangible Assets

	Total
	£
Cost
As at 1 October 2024	66,173
Additions	1,531

As at 30 September 2025	67,704

Depreciation
As at 1 October 2024	55,316
Provided during the period	3,220

As at 30 September 2025	58,536

Net Book Value
As at 30 September 2025	9,168

As at 1 October 2024	10,857

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William Bennett Construction Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 30 September 2025

6. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	-	4,276

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

8. Related Party Transactions

During the year the directors introduced and withdrew funds from their respective loan accounts. The opening balance was £168,816 owing to the directors and during the year net monies of £20,500 were introduced. The closing balance of £189,316 owing to the directors is included in creditors payable after one year.

The above loan is unsecured and interest free.

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