Company Registration No. 07242041 (England and Wales)
BENTINCK INVESTMENTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2021
PAGES FOR FILING WITH REGISTRAR
BENTINCK INVESTMENTS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
BENTINCK INVESTMENTS LIMITED
BALANCE SHEET
AS AT 30 SEPTEMBER 2021
30 September 2021
- 1 -
2021
2020
Notes
£
£
£
£
Fixed assets
Investments
3
81,297
81,297
Current assets
Debtors
4
16,182
15,551
Cash at bank and in hand
217,991
63,748
234,173
79,299
Creditors: amounts falling due within one year
5
(1,821)
(1,384)
Net current assets
232,352
77,915
Net assets
313,649
159,212
Capital and reserves
Called up share capital
6
300,000
98,000
Profit and loss reserves
13,649
61,212
Total equity
313,649
159,212
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 2021 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 23 December 2021
Mr RM Lee-Smith
Director
Company Registration No. 07242041
BENTINCK INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2021
- 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 and cash equivalents
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.
Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.
1.6
Taxation
The tax expense represents the sum of the tax currently payable and
any
deferred tax.
BENTINCK INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2021
- 3 -
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2021
2020
Number
Number
Total
3
Fixed asset investments
2021
2020
£
£
Investments
81,297
81,297
Movements in fixed asset investments
Investments in Limited Liability Partnerships
£
Cost or valuation
At 1 October 2020 & 30 September 2021
81,297
Carrying amount
At 30 September 2021
81,297
At 30 September 2020
81,297
4
Debtors
2021
2020
Amounts falling due within one year:
£
£
Trade debtors
16,182
15,551
BENTINCK INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2021
- 4 -
5
Creditors: amounts falling due within one year
2021
2020
£
£
Corporation tax
572
171
Other creditors
1,249
1,213
1,821
1,384
BENTINCK INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2021
- 5 -
6
Called up share capital
2021
2020
£
£
Ordinary share capital
Issued and fully paid
300,000 ordinary of £1 each
300,000
98,000
300,000
98,000
During the year, 202,000 £1 ordinary shares were allotted at par and fully paid.