Abbreviated Company Accounts - BENNETT STOCK LIMITED

BENNETT STOCK LIMITED - Company Information

03062592 BENNETT STOCK LIMITED 2014-04-30 false 2013-05-01 2014-04-30 true 03062592 2013-05-01 2014-04-30 03062592 2014-04-30 03062592 2013-04-30 03062592 uk-gaap-cd-bus:Director1 2013-05-01 2014-04-30 03062592 uk-gaap-cd-bus:Director2 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 iso4217:GBP shares

Registered Number 03062592

BENNETT STOCK LIMITED

Abbreviated Accounts

30 April 2014

BENNETT STOCK LIMITED Registered Number 03062592

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Investments	2	20,000	40,000
		20,000	40,000
Current assets
Debtors		11,945	11,053
Cash at bank and in hand		86,967	61,889
		98,912	72,942
Creditors: amounts falling due within one year		(22,577)	(14,997)
Net current assets (liabilities)		76,335	57,945
Total assets less current liabilities		96,335	97,945
Total net assets (liabilities)		96,335	97,945
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		96,333	97,943
Shareholders' funds		96,335	97,945

For the year ending 30 April 2014 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 6 August 2014

And signed on their behalf by:
H P Stock, Director

BENNETT STOCK LIMITED Registered Number 03062592

Notes to the Abbreviated Accounts for the period ended 30 April 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the amounts receivable, excluding VAT and trade discounts, by the company for goods and services provided during the year. All transactions arose in the United Kingdom

Other accounting policies
Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.

2Fixed assets Investments
Investments (neither listed nor unlisted) were as follows:

Shares in group companies at 30.04.14 was £40,000
Impairment of investments at 30.04.14 was £(20,000)
Total value at 30.04.14 was £20,000

Shares in group companies at 30.04.13 was £40,000

The company's investments at the balance sheet date in the share capital of companies include the following:

Stanley Joseph Payroll Services Limited
Nature of business: Payroll Services

Class of shares: Ordinary
Holding: 100%

Aggregate capital and reserves at 30.04.14 were £(3,271)
Loss for the year to 30.04.14 was £(3,344)

Aggregate capital and reserves at 30.04.13 were £73
Loss for the year to 30.04.13 was £(5,638)

The director has reviewed the carrying value of the investment in the subsidiary and concluded that an impairment review reducing the market value by £20,000 is appropriate, given the losses and balance sheet value of the subsidiary.

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2