Company Registration No. 07242041 (England and Wales)
BENTINCK INVESTMENTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2020
PAGES FOR FILING WITH REGISTRAR
BENTINCK INVESTMENTS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
BENTINCK INVESTMENTS LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2020
30 September 2020
- 1 -
2020
2019
Notes
£
£
£
£
Fixed assets
Investments
3
81,297
80,000
Current assets
Debtors
4
15,551
17,212
Cash at bank and in hand
63,748
12,791
79,299
30,003
Creditors: amounts falling due within one year
5
(1,384)
(1,520)
Net current assets
77,915
28,483
Total assets less current liabilities
159,212
108,483
Capital and reserves
Called up share capital
6
98,000
48,000
Profit and loss reserves
61,212
60,483
Total equity
159,212
108,483
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 30 September 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 7 January 2021
Mr RM Lee-Smith
Director
Company Registration No. 07242041
BENTINCK INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2020
- 2 -
1
Accounting policies
Company information
Bentinck Investments Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
3rd Floor, 114a Cromwell Road, London, SW7 4AG.
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 the profit shares receivable by the company from its fixed asset investments. This is recognised on an accruals basis with any amounts not received at the year end included in Trade Debtors.
1.3
Fixed asset investments
Fixed Asset Investments comprise the company's investments in Limited Liability Partnerships, which are initially recorded at cost and are subsequently measured at cost less provisions.
1.4
Cash and cash equivalents
Cash at bank and in hand
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, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.5
Financial instruments
The company only has financial assets and financial liabilities of a kind which qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and are subsequently measured at their settlement value.
1.6
Taxation
The tax expense represents the sum of the tax currently payable and
any
deferred tax.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was 0
(2019 - 0).
BENTINCK INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2020
- 3 -
3
Fixed asset investments
2020
2019
£
£
Investments
81,297
80,000
Movements in fixed asset investments
Investments in Limited Liability Partnerships
£
Cost or valuation
At 1 October 2019
80,000
Additions
1,297
At 30 September 2020
81,297
Carrying amount
At 30 September 2020
81,297
At 30 September 2019
80,000
4
Debtors
2020
2019
Amounts falling due within one year:
£
£
Trade debtors
15,551
14,174
Other debtors
-
3,038
15,551
17,212
5
Creditors: amounts falling due within one year
2020
2019
£
£
Corporation tax
171
307
Other creditors
1,213
1,213
1,384
1,520
BENTINCK INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2020
- 4 -
6
Called up share capital
2020
2019
£
£
Ordinary share capital
Issued and fully paid
98,000 ordinary of £1 each
98,000
48,000
98,000
48,000
During the year, 50,000 £1 ordinary shares were allotted at par and fully paid.