Bennett Servo Hydraulic Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 04819986 (England and Wales)

Financial Statements for the Year Ended 31 July 2018

for

Bennett Servo Hydraulic Limited

Page

Company Information

1

Chartered Certified Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

to

5

DIRECTOR:

Mr M W Bennett

REGISTERED OFFICE:

48 Long Grove

Seer Green

Beaconsfield

Buckinghamshire

HP9 2YW

REGISTERED NUMBER:

04819986 (England and Wales)

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and

the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Bennett Servo Hydraulic Limited for the year ended 31 July 2018 which comprise the Statement

of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and

from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Bennett Servo Hydraulic Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bennett Servo Hydraulic Limited and state those matters that we have agreed to state to the director of Bennett Servo Hydraulic Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Bennett Servo Hydraulic Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bennett Servo Hydraulic Limited. You consider that Bennett Servo Hydraulic Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bennett Servo Hydraulic Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

APS Accountancy Ltd

4 Cromwell Court

New Street

Aylesbury

Buckinghamshire

HP20 2PB

Date: .............................................

FIXED ASSETS

Tangible assets

4

8,837

4,038

CURRENT ASSETS

Debtors

5

11,708

-

Cash at bank

73,390

84,521

85,098

84,521

CREDITORS

Amounts falling due within one year

6

(47,423

)

(30,760

)

NET CURRENT ASSETS

37,675

53,761

TOTAL ASSETS LESS CURRENT LIABILITIES

46,512

57,799

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

46,510

57,797

46,512

57,799

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 29 April 2019 and were signed by:

Mr M W Bennett - Director

1.	STATUTORY INFORMATION

Bennett Servo Hydraulic Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

Fixed assets

All fixed assets are initially recorded at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2017

27,181

Additions

7,803

At 31 July 2018

34,984

DEPRECIATION

At 1 August 2017

23,143

Charge for year

3,004

At 31 July 2018

26,147

NET BOOK VALUE

At 31 July 2018

8,837

At 31 July 2017

4,038

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

11,708

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

-

900

Taxation and social security

9,720

14,825

Other creditors

37,703

15,035

47,423

30,760