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REGISTERED NUMBER: 04432113 (England and Wales)














FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

BEN EVANS PROPERTIES LIMITED

BEN EVANS PROPERTIES LIMITED (REGISTERED NUMBER: 04432113)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BEN EVANS PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTOR: Mr B I Evans





REGISTERED OFFICE: 22 Lavender Walk
Coleorton
Coalville
Leicestershire
LE67 8FA





REGISTERED NUMBER: 04432113 (England and Wales)





ACCOUNTANT: Wynniatt-Husey Ltd
Chartered Accountants
The Old Coach House
Horsefair
Rugeley
Staffordshire
WS15 2EL

BEN EVANS PROPERTIES LIMITED (REGISTERED NUMBER: 04432113)

BALANCE SHEET
31 MAY 2023

31.5.22 31.5.23
£    £    Notes £    £   
FIXED ASSETS
15,853 Tangible assets 4 1,840
1,432,566 Investment property 5 1,431,359
1,448,419 1,433,199

CURRENT ASSETS
198,722 Debtors 6 196,871
442,377 Cash at bank 491,152
641,099 688,023
CREDITORS
12,420 Amounts falling due within one year 7 63,185
628,679 NET CURRENT ASSETS 624,838
2,077,098 TOTAL ASSETS LESS CURRENT
LIABILITIES

2,058,037

3,395 PROVISIONS FOR LIABILITIES 8 2,733
2,073,703 NET ASSETS 2,055,304

CAPITAL AND RESERVES
1 Called up share capital 9 1
2,073,702 Retained earnings 2,055,303
2,073,703 SHAREHOLDERS' FUNDS 2,055,304

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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.

BEN EVANS PROPERTIES LIMITED (REGISTERED NUMBER: 04432113)

BALANCE SHEET - continued
31 MAY 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 director and authorised for issue on 2 February 2024 and were signed by:





Mr B I Evans - Director


BEN EVANS PROPERTIES LIMITED (REGISTERED NUMBER: 04432113)

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

1. STATUTORY INFORMATION

Ben Evans Properties 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 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.

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 - 33% on cost, 20% on cost and 10% on cost
Fixtures and fittings - 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Deposits in advance
Deposits in advance represent monies received from a customer where no sales invoice has been raised. Sales invoices are issued when shipping documents are received.

Accrued income
Accrued income represents sales that have accumulated during the year but have not been invoiced.

Exchange rates
The company is not exposed to any risk with regard to exchange rate variations as payment is only accepted in sterling at the amount stated on the sales invoice. This also applies to deposits held in advance.

BEN EVANS PROPERTIES LIMITED (REGISTERED NUMBER: 04432113)

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

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
Totals machinery fittings
£    £    £   
COST
At 1 June 2022 52,666 16,900 35,766
Disposals (14,500 ) (14,500 ) -
At 31 May 2023 38,166 2,400 35,766
DEPRECIATION
At 1 June 2022 36,813 1,047 35,766
Charge for year 480 480 -
Eliminated on disposal (967 ) (967 ) -
At 31 May 2023 36,326 560 35,766
NET BOOK VALUE
At 31 May 2023 1,840 1,840 -
At 31 May 2022 15,853 15,853 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2022
and 31 May 2023 1,494,250
DEPRECIATION
At 1 June 2022 61,684
Charge for year 1,207
At 31 May 2023 62,891
NET BOOK VALUE
At 31 May 2023 1,431,359
At 31 May 2022 1,432,566

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 4,000 2,398
Intercompany loan - Ben Evans
Commercials Limited

192,164

182,164
Other debtors - 3,344
VAT 707 6,241
Prepayments - 4,575
196,871 198,722

BEN EVANS PROPERTIES LIMITED (REGISTERED NUMBER: 04432113)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

The intercompany loan is interest free and payable upon demand.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 1 (2 )
Tax 11,332 661
Other creditors 45,000 -
Directors' current accounts 2,019 616
Deferred income 3,333 9,707
Accrued expenses 1,500 1,438
63,185 12,420

8. PROVISIONS FOR LIABILITIES
31.5.23 31.5.22
£    £   
Deferred tax 2,733 3,395

Deferred
tax
£   
Balance at 1 June 2022 3,395
Accelerated capital allowances (662 )
Balance at 31 May 2023 2,733

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.23 31.5.22
value: £    £   
1 Ordinary £1 1 1

10. ULTIMATE CONTROLLING PARTY

Mr B I Evans, director, controls the company by virtue of owning 100% of the issued ordinary share capital.