Company registration number 07242041 (England and Wales)
BENTINCK INVESTMENTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
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 2023
30 September 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Investments
3
494,760
156,297
Current assets
Debtors
4
36,823
18,684
Cash at bank and in hand
9,511
143,991
46,334
162,675
Creditors: amounts falling due within one year
5
(5,912)
(3,054)
Net current assets
40,422
159,621
Net assets
535,182
315,918
Capital and reserves
Called up share capital
6
500,000
300,000
Profit and loss reserves
35,182
15,918
Total equity
535,182
315,918
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 2023 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.
The 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 16 April 2024
Mr RM Lee-Smith
Director
Company registration number 07242041 (England and Wales)
BENTINCK INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
- 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 amounts 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.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
BENTINCK INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
- 3 -
3
Fixed asset investments
2023
2022
£
£
Investments
494,760
156,297
Movements in fixed asset investments
Investments in Limited Liability Partnerships
£
Cost or valuation
At 1 October 2022
156,297
Additions
389,337
Returns of capital
(50,874)
At 30 September 2023
494,760
Carrying amount
At 30 September 2023
494,760
At 30 September 2022
156,297
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
36,823
18,684
5
Creditors: amounts falling due within one year
2023
2022
£
£
Corporation tax
4,519
532
Other creditors
1,393
2,522
5,912
3,054
6
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
ordinary of £1 each
500,000
300,000
500,000
300,000
BENTINCK INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
6
Called up share capital
(Continued)
- 4 -
During the year the company issued 200,000 additional ordinary shares with nominal values of £1 each.