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REGISTERED NUMBER: 09136090 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

BENJAMINS TREES LTD

BENJAMINS TREES LTD (REGISTERED NUMBER: 09136090)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BENJAMINS TREES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: B Topping
Mrs J M Topping





REGISTERED OFFICE: 6 Red Barn Mews
Battle
East Sussex
TN33 0AG





REGISTERED NUMBER: 09136090 (England and Wales)





ACCOUNTANTS: MVL Business Services
A trading name of Xynamo 5 Limited
6 Red Barn Mews
Battle
East Sussex
TN33 0AG

BENJAMINS TREES LTD (REGISTERED NUMBER: 09136090)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 22 30
Tangible assets 5 44,390 21,127
44,412 21,157

CURRENT ASSETS
Debtors 6 1,668 2,506
Cash at bank 37,566 37,821
39,234 40,327
CREDITORS
Amounts falling due within one year 7 34,956 38,226
NET CURRENT ASSETS 4,278 2,101
TOTAL ASSETS LESS CURRENT
LIABILITIES

48,690

23,258

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 48,590 23,158
SHAREHOLDERS' FUNDS 48,690 23,258

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

BENJAMINS TREES LTD (REGISTERED NUMBER: 09136090)

BALANCE SHEET - continued
31 JULY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 11 October 2023 and were signed on its behalf by:




B Topping - Director



Mrs J M Topping - Director


BENJAMINS TREES LTD (REGISTERED NUMBER: 09136090)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

BENJAMINS TREES LTD 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Computer equipment - Straight line over 3 years

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.

Deferred tax
Deferred tax has not been recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. The directors do not believe that this is necessary and accept this accounting treatment does not comply with Financial Reporting Standard 102.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

BENJAMINS TREES LTD (REGISTERED NUMBER: 09136090)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 August 2022
and 31 July 2023 299
AMORTISATION
At 1 August 2022 269
Charge for year 8
At 31 July 2023 277
NET BOOK VALUE
At 31 July 2023 22
At 31 July 2022 30

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 August 2022 68,434 1,713 70,147
Additions 38,112 - 38,112
At 31 July 2023 106,546 1,713 108,259
DEPRECIATION
At 1 August 2022 47,361 1,659 49,020
Charge for year 14,796 53 14,849
At 31 July 2023 62,157 1,712 63,869
NET BOOK VALUE
At 31 July 2023 44,389 1 44,390
At 31 July 2022 21,073 54 21,127

BENJAMINS TREES LTD (REGISTERED NUMBER: 09136090)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 August 2022 27,750
Transfer to ownership (27,750 )
At 31 July 2023 -
DEPRECIATION
At 1 August 2022 22,552
Transfer to ownership (22,552 )
At 31 July 2023 -
NET BOOK VALUE
At 31 July 2023 -
At 31 July 2022 5,198

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 338 480
Other debtors 1,330 2,026
1,668 2,506

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts - 804
Trade creditors 563 1,017
Taxation and social security 12,322 15,599
Other creditors 22,071 20,806
34,956 38,226

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2023 and 31 July 2022:

2023 2022
£    £   
B Topping
Balance outstanding at start of year (20,806 ) (16,630 )
Amounts advanced 46,700 45,020
Amounts repaid (47,965 ) (49,196 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (22,071 ) (20,806 )

BENJAMINS TREES LTD (REGISTERED NUMBER: 09136090)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £29,000 (2022 - £36,000) were paid to the directors .

10. ULTIMATE CONTROLLING PARTY

The controlling party is B Topping.