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REGISTERED NUMBER: 00305712 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

S.BENJAMIN (OVERSEAS) LIMITED

S.BENJAMIN (OVERSEAS) LIMITED (REGISTERED NUMBER: 00305712)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


S.BENJAMIN (OVERSEAS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTORS: B M P Benjamin
G N Benjamin





SECRETARY: B M P Benjamin





REGISTERED OFFICE: Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE





REGISTERED NUMBER: 00305712 (England and Wales)





ACCOUNTANTS: Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE

S.BENJAMIN (OVERSEAS) LIMITED (REGISTERED NUMBER: 00305712)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 118 177

CURRENT ASSETS
Stocks 11,894 5,881
Debtors 5 458,502 515,590
Cash at bank 44,047 225,295
514,443 746,766
CREDITORS
Amounts falling due within one year 6 (104,229 ) (108,164 )
NET CURRENT ASSETS 410,214 638,602
TOTAL ASSETS LESS CURRENT
LIABILITIES

410,332

638,779

CAPITAL AND RESERVES
Called up share capital 135,024 135,024
Capital redemption reserve 44,977 44,977
Retained earnings 230,331 458,778
410,332 638,779

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 November 2023 and were signed on its behalf by:





G N Benjamin - Director


S.BENJAMIN (OVERSEAS) LIMITED (REGISTERED NUMBER: 00305712)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023


1. STATUTORY INFORMATION

S.Benjamin (Overseas) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Taxation
Taxation for the year comprises current tax payable. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Going concern
After reviewing the company's forecasts, the directors believe that the company has adequate resources to continue in operational existence.

3. EMPLOYEES

The average number of employees during the year was 2 (2022 - 3 ) .

S.BENJAMIN (OVERSEAS) LIMITED (REGISTERED NUMBER: 00305712)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2022
and 28 February 2023 460 922 1,382
DEPRECIATION
At 1 March 2022 460 745 1,205
Charge for year - 59 59
At 28 February 2023 460 804 1,264
NET BOOK VALUE
At 28 February 2023 - 118 118
At 28 February 2022 - 177 177

5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 89,606 31,024
Other debtors 784 59,997
90,390 91,021

Amounts falling due after more than one year:
Trade debtors 368,112 424,569

Aggregate amounts 458,502 515,590

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 108 20,884
Taxation and social security - 261
Other creditors 104,121 87,019
104,229 108,164