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Company Registration No. 07662573 (England and Wales)
BEN DIXON LIMITED Unaudited accounts for the year ended 30 June 2023
BEN DIXON LIMITED Unaudited accounts Contents
Page
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BEN DIXON LIMITED Company Information for the year ended 30 June 2023
Director
Benjamin James Dixon
Company Number
07662573 (England and Wales)
Registered Office
A4-Livingstone court 55 Peel Road London HA3 7QT United Kingdom
Accountants
Premium Accounting Service Limited A4-55 Peel Road, Harrow Harrow Middlesex HA3 7QT
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BEN DIXON LIMITED Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
37,826 
48,909 
Current assets
Debtors
158,913 
180,126 
Cash at bank and in hand
192,653 
199,547 
351,566 
379,673 
Creditors: amounts falling due within one year
100,528 
(65,573)
Net current assets
452,094 
314,100 
Net assets
489,920 
363,009 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
489,820 
362,909 
Shareholders' funds
489,920 
363,009 
For the year ending 30 June 2023 the company was 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 February 2024 and were signed on its behalf by
Benjamin James Dixon Director Company Registration No. 07662573
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BEN DIXON LIMITED Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
BEN DIXON LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07662573. The registered office is A4-Livingstone court, 55 Peel Road, London, HA3 7QT, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% on Straight line method
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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BEN DIXON LIMITED Notes to the Accounts for the year ended 30 June 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2022
- 
49,950 
1,350 
51,300 
Additions
1,775 
- 
- 
1,775 
At 30 June 2023
1,775 
49,950 
1,350 
53,075 
Depreciation
At 1 July 2022
- 
1,041 
1,350 
2,391 
Charge for the year
370 
12,488 
- 
12,858 
At 30 June 2023
370 
13,529 
1,350 
15,249 
Net book value
At 30 June 2023
1,405 
36,421 
- 
37,826 
At 30 June 2022
- 
48,909 
- 
48,909 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
80 
- 
Trade debtors
7,563 
31,856 
Accrued income and prepayments
7,381 
9,915 
15,024 
41,771 
Amounts falling due after more than one year
Other debtors
143,889 
138,355 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
13,586 
20,611 
Taxes and social security
33,837 
43,824 
Other creditors
3,044 
- 
Loans from directors
(153,967)
(2,462)
Accruals
2,972 
3,600 
(100,528)
65,573 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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