2022-04-012023-03-3131 March 2023Ben Shipton Ltd10051209falseBen Shipton27 November 2023The principal activity of the company continued to be manufacturing Joinery.The Old Rectory3 Rectory DriveAlphington, ExeterEX2 8XJ22Ajaccts Software2.1.7 beta10051209bus:FullAccounts2022-04-012023-03-3110051209bus:FRS1022022-04-012023-03-3110051209bus:PrivateLimitedCompanyLtd2022-04-012023-03-3110051209bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3110051209core:PlantMachinery2022-03-3110051209core:InvestmentPropertyIncludedWithinPPE2022-03-3110051209core:LandBuildings2022-03-3110051209core:FurnitureFittingsToolsEquipment2022-03-3110051209core:Vehicles2022-03-3110051209core:ComputerEquipment2022-03-3110051209core:PlantMachinery2023-03-3110051209core:InvestmentPropertyIncludedWithinPPE2023-03-3110051209core:LandBuildings2023-03-3110051209core:FurnitureFittingsToolsEquipment2023-03-3110051209core:Vehicles2023-03-3110051209core:ComputerEquipment2023-03-31100512092021-04-0110051209core:DevelopmentCostsPatentsSimilar2022-04-012023-03-3110051209core:DevelopmentCostsPatentsSimilar2023-03-3110051209core:DevelopmentCostsPatentsSimilar2022-03-3110051209core:DividendsProposed2022-04-012023-03-3110051209core:DividendsProposed2021-04-012022-03-3110051209core:LandBuildings2021-04-012022-03-3110051209core:PlantMachinery2021-04-012022-03-3110051209core:FurnitureFittingsToolsEquipment2021-04-012022-03-3110051209core:Vehicles2021-04-012022-03-3110051209core:ComputerEquipment2021-04-012022-03-3110051209core:InvestmentPropertyIncludedWithinPPE2022-04-012023-03-3110051209core:LandBuildings2022-04-012023-03-3110051209core:PlantMachinery2022-04-012023-03-3110051209core:FurnitureFittingsToolsEquipment2022-04-012023-03-3110051209core:Vehicles2022-04-012023-03-3110051209core:ComputerEquipment2022-04-012023-03-3110051209core:ComputerEquipment2021-04-0110051209core:ComputerEquipment2022-04-01100512092022-03-3110051209bus:Consolidated2022-03-31100512092023-03-3110051209bus:Consolidated2023-03-31100512092021-04-012022-03-3110051209bus:Consolidated2021-04-012022-03-31100512092022-04-012023-03-3110051209bus:Consolidated2022-04-012023-03-3110051209bus:CompanySecretaryDirector12022-04-012023-03-3110051209bus:Director12022-04-012023-03-3110051209bus:Director22022-04-012023-03-3110051209bus:Director32022-04-012023-03-3110051209bus:Director42022-04-012023-03-3110051209bus:Director52022-04-012023-03-3110051209bus:Director62022-04-012023-03-3110051209bus:Director72022-04-012023-03-3110051209bus:Director82022-04-012023-03-3110051209bus:Director92022-04-012023-03-3110051209bus:Director102022-04-012023-03-3110051209bus:Director112022-04-012023-03-3110051209bus:Director122022-04-012023-03-3110051209bus:Director132022-04-012023-03-3110051209bus:Director142022-04-012023-03-3110051209bus:Director152022-04-012023-03-3110051209bus:Director162022-04-012023-03-3110051209bus:Director172022-04-012023-03-3110051209bus:Director182022-04-012023-03-3110051209bus:Director192022-04-012023-03-3110051209bus:Director202022-04-012023-03-31100512092022-04-012023-03-3110051209bus:CompanySecretaryDirector12023-03-3110051209bus:Director12023-03-3110051209bus:Director22023-03-3110051209bus:CompanySecretaryDirector12022-04-012023-03-3110051209bus:Director12022-04-012023-03-3110051209bus:Director22022-04-012023-03-31100512092022-04-012023-03-3110051209bus:CompanySecretaryDirector12022-03-3110051209bus:Director12022-03-3110051209bus:Director22022-03-3110051209bus:EntityAccountantsOrAuditors2022-04-012023-03-3110051209bus:EntityAccountantsOrAuditors2022-04-012023-03-3110051209bus:EntityAccountantsOrAuditors2023-03-3110051209bus:RegisteredOffice2022-04-012023-03-3110051209bus:EntityBankers2022-04-012023-03-3110051209bus:EntityLawyersOrLegalAdvisers2022-04-012023-03-31xbrli:pureiso4217:GBPxbrli:shares
Filleted Unaudited Accounts for Ben Shipton Ltd
Company Information and Financial Statements

For the Financial Year ended 31 March 2023

Company Information

Directors
Ben Shipton
Ben Shipton Ltd is a Limited Company incorporated in the United Kingdom and registered in England and Wales.
Registered Office Address
Ben Shipton Ltd
The Old Rectory
3 Rectory Drive
Alphington, Exeter
EX2 8XJ
Registered Number
10051209
Filleted Unaudited Financial Statements
Statement of Financial Position
at 31 March 2023
20232022
££
Fixed Assets
Intangible assets--
Tangible assets518,31818,318
Investments--
18,31818,318
Current assets
Stocks2,0002,000
Debtors-6,704
Cash at bank and in hand601588
Other--
2,6019,292
Creditors: amounts falling due within one year4(34,922)(30,395)
Net current assets(32,321)(21,103)
Total assets less current liabilities(14,003)(2,785)
Creditors: amounts falling due after more than one year(15,050)(15,050)
Deferred tax liability(-)(-)
Other Provisions for Liabilities(-)(2,155)
Net Assets(29,053)(19,990)
Capital and Reserves
Called up Share Capital61010
Share Premium--
Profit and Loss account(29,063)(20,000)
Total Equity(29,053)(19,990)
Statement of Accordance with Small Companies regime, and Audit not required
The directors confirm that financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
The directors confirm that the Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. No audit has been obtained
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The income statement and directors report have not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small companies regime.
Other Footnotes
None
Signature of Statement of Financial Position
Signed by
DirectorBen Shipton
Approved by the board, 27 November 2023
Notes to the financial statements
at 31 March 2023
1. General Information
Ben Shipton Ltd is a Limited company incorporated in the United Kingdom and registered in England and Wales.
Registered Office Address:
Ben Shipton Ltd
The Old Rectory
3 Rectory Drive
Alphington, Exeter
EX2 8XJ
2. Basis of Preparation and Policies
The financial statements are prepared under the historical cost convention and in accordance with FRS 102 section 1A, the Financial Reporting Standard applicable in the UK and Republic of Ireland applicable to Smaller Entities.
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.
Statement of Cash flows
Exempt from cash flow statement requirement : true
Accounting Policies
Turnover
Turnover represents revenue earned during the period, net of Value Added Tax.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery -- over a period of between 2 and 5 years straight line
Computer equipment -- over a period of 3 years straight line
Motor vehicles -- over a period of between 2 and 5 years straight line
The carrying values of tangible fixed assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.
Other
3. Analysis of Debtors
Short term debtors : Trade Debtors
20232022
££
-6,704
Short term debtors : Prepayments
20232022
££
--
Short term debtors : Others
20232022
££
--
4. Analysis of Creditors
Short term creditors : Trade Creditors
20232022
££
--
Short term creditors : Accruals
20232022
££
--
Short term creditors : Bank Overdraft
20232022
££
--
Short term creditors : Other Loan/HP
20232022
££
--
Short term creditors : Corporation Tax
20232022
££
00
Short term creditors : VAT/Social Security
20232022
££
4,476-
Short term creditors : Dividends
20232022
££
--
Short term creditors : Others
20232022
££
51-
Short term creditors : Directors Loans
20232022
££
30,39530,395
Group Undertakings
20232022
££
--
Long term creditors (incl. Directors Loans)
20232022
££
15,05015,050
5. Tangible fixed assets
Land/BuildingsPlant MachineryFixts, Fittings, EquipmentComputer EquipmentVehiclesTotal
££££££
Cost
At 31 March 20222,16023,1944,36408,40038,118
Additions000000
Disposals(0)(0)(0)(0)(0)(0)
Revaluations000000
At 31 March 20232,16023,1944,36408,40038,118
Depreciation
At 31 March 2022013,0382,31104,45219,800
Charge for the year000000
Eliminated this year(0)(0)(0)(0)(0)(0)
At 31 March 2023013,0382,31104,45219,800
Net book value
At 31 March 20222,16010,1562,05303,94818,318
At 31 March 20232,16010,1562,05303,94818,318
6. Share Capital
Allotted, called up and fully paid
20232022
No£No£
Ordinary10101010
Total10101010
7. Controlling Party
The ultimate controlling party is the Director(s)
8. Other Notes
The average number of employees in the year was 2 (Previous: 2)
End of Notes to Financial Statements