IRIS Accounts Production v24.1.9.2 04695688 Board of Directors 1.11.22 31.10.23 31.10.23 false true false false false true false 2687 2687 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh046956882022-10-31046956882023-10-31046956882022-11-012023-10-31046956882021-10-31046956882021-11-012022-10-31046956882022-10-3104695688ns15:EnglandWales2022-11-012023-10-3104695688ns14:PoundSterling2022-11-012023-10-3104695688ns10:Director12022-11-012023-10-3104695688ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3104695688ns10:SmallEntities2022-11-012023-10-3104695688ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3104695688ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3104695688ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3104695688ns10:FullAccounts2022-11-012023-10-310469568812022-11-012023-10-310469568842ns10:Director22022-11-012023-10-310469568842ns10:Director22023-10-3104695688ns10:Director22022-11-012023-10-3104695688ns10:CompanySecretary12022-11-012023-10-3104695688ns10:RegisteredOffice2022-11-012023-10-3104695688ns5:CurrentFinancialInstruments2023-10-3104695688ns5:CurrentFinancialInstruments2022-10-3104695688ns5:Non-currentFinancialInstruments2023-10-3104695688ns5:Non-currentFinancialInstruments2022-10-3104695688ns5:ShareCapital2023-10-3104695688ns5:ShareCapital2022-10-3104695688ns5:RetainedEarningsAccumulatedLosses2023-10-3104695688ns5:RetainedEarningsAccumulatedLosses2022-10-3104695688ns5:NetGoodwill2022-11-012023-10-3104695688ns5:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3104695688ns5:PlantMachinery2022-11-012023-10-3104695688ns5:NetGoodwill2022-10-3104695688ns5:NetGoodwill2023-10-3104695688ns5:NetGoodwill2022-10-3104695688ns5:LandBuildings2022-10-3104695688ns5:PlantMachinery2022-10-3104695688ns5:LandBuildings2022-11-012023-10-3104695688ns5:LandBuildings2023-10-3104695688ns5:PlantMachinery2023-10-3104695688ns5:LandBuildings2022-10-3104695688ns5:PlantMachinery2022-10-3104695688ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3104695688ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-31046956881ns10:Director12022-10-31046956881ns10:Director12021-10-31046956881ns10:Director12022-11-012023-10-31046956881ns10:Director12021-11-012022-10-31046956881ns10:Director12023-10-31046956881ns10:Director12022-10-31
REGISTERED NUMBER: 04695688 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Bensons Printing Company Limited

Bensons Printing Company Limited (Registered number: 04695688)






Contents of the Financial Statements
for the year ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bensons Printing Company Limited

Company Information
for the year ended 31 October 2023







DIRECTORS: G C Stock
Mrs R Stock





SECRETARY: Mrs R Stock





REGISTERED OFFICE: 12 Perry Road
Witham
Essex
CM8 3YZ





REGISTERED NUMBER: 04695688 (England and Wales)





ACCOUNTANTS: Simpson Accountancy
Unit 6 Cherrytree Farm
Blackmore End Road
Sible Hedingham
Essex
C09 3LZ

Bensons Printing Company Limited (Registered number: 04695688)

Balance Sheet
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,737 5,933
1,737 5,933

CURRENT ASSETS
Stocks 4,365 3,885
Debtors 6 34,889 43,122
Cash at bank 14,389 29,746
53,643 76,753
CREDITORS
Amounts falling due within one year 7 28,694 42,513
NET CURRENT ASSETS 24,949 34,240
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,686

40,173

CREDITORS
Amounts falling due after more than one
year

8

26,524

36,350
NET ASSETS 162 3,823

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 160 3,821
SHAREHOLDERS' FUNDS 162 3,823

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

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

Bensons Printing Company Limited (Registered number: 04695688)

Balance Sheet - continued
31 October 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 30 July 2024 and were signed on its behalf by:





G C Stock - Director


Bensons Printing Company Limited (Registered number: 04695688)

Notes to the Financial Statements
for the year ended 31 October 2023

1. STATUTORY INFORMATION

Bensons Printing Company 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

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.

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 etc - 33% on cost and 10% on cost

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

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.

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.

Bensons Printing Company Limited (Registered number: 04695688)

Notes to the Financial Statements - continued
for the year ended 31 October 2023

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 250,000
AMORTISATION
At 1 November 2022
and 31 October 2023 250,000
NET BOOK VALUE
At 31 October 2023 -
At 31 October 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2022
and 31 October 2023 9,062 432,901 441,963
DEPRECIATION
At 1 November 2022 9,062 426,968 436,030
Charge for year - 4,196 4,196
At 31 October 2023 9,062 431,164 440,226
NET BOOK VALUE
At 31 October 2023 - 1,737 1,737
At 31 October 2022 - 5,933 5,933

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 29,461 43,122
Other debtors 5,428 -
34,889 43,122

Bensons Printing Company Limited (Registered number: 04695688)

Notes to the Financial Statements - continued
for the year ended 31 October 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 11,902 21,449
Taxation and social security 9,909 11,704
Other creditors 6,883 9,360
28,694 42,513

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 26,524 36,350

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2023 and 31 October 2022:

2023 2022
£    £   
G C Stock and Mrs R Stock
Balance outstanding at start of year - -
Amounts advanced 2,687 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,687 -

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £44,000 were paid to the directors .

Interest of £577 has been charged in the year to the directors on the overdrawn loan accounts through the year.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G C Stock.