IRIS Accounts Production v24.2.0.383 04447467 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh044474672023-03-31044474672024-03-31044474672023-04-012024-03-31044474672022-03-31044474672022-04-012023-03-31044474672023-03-3104447467ns15:EnglandWales2023-04-012024-03-3104447467ns14:PoundSterling2023-04-012024-03-3104447467ns10:Director12023-04-012024-03-3104447467ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3104447467ns10:SmallEntities2023-04-012024-03-3104447467ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3104447467ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3104447467ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3104447467ns10:FullAccounts2023-04-012024-03-310444746712023-04-012024-03-3104447467ns10:Director22023-04-012024-03-3104447467ns10:CompanySecretary12023-04-012024-03-3104447467ns10:RegisteredOffice2023-04-012024-03-3104447467ns5:CurrentFinancialInstruments2024-03-3104447467ns5:CurrentFinancialInstruments2023-03-3104447467ns5:ShareCapital2024-03-3104447467ns5:ShareCapital2023-03-3104447467ns5:RetainedEarningsAccumulatedLosses2024-03-3104447467ns5:RetainedEarningsAccumulatedLosses2023-03-3104447467ns5:NetGoodwill2023-04-012024-03-3104447467ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3104447467ns5:PlantMachinery2023-04-012024-03-3104447467ns5:NetGoodwill2023-03-3104447467ns5:NetGoodwill2024-03-3104447467ns5:NetGoodwill2023-03-3104447467ns5:PlantMachinery2023-03-3104447467ns5:PlantMachinery2024-03-3104447467ns5:PlantMachinery2023-03-3104447467ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3104447467ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 04447467 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

JACK BENNEY LIMITED

JACK BENNEY LIMITED (REGISTERED NUMBER: 04447467)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JACK BENNEY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: S Benney
S Benney





SECRETARY: S Benney





REGISTERED OFFICE: Downalong
West Pentire Road
Crantock
Newquay
Cornwall
TR8 5RZ





REGISTERED NUMBER: 04447467 (England and Wales)





ACCOUNTANTS: Whitakers
Chartered Accountants
Bryndon House
5/7 Berry Road
Newquay
Cornwall
TR7 1AD

JACK BENNEY LIMITED (REGISTERED NUMBER: 04447467)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 2,582 3,328
2,582 3,328

CURRENT ASSETS
Debtors 6 26,180 8,718
Cash at bank 46,950 61,865
73,130 70,583
CREDITORS
Amounts falling due within one year 7 72,220 64,971
NET CURRENT ASSETS 910 5,612
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,492

8,940

PROVISIONS FOR LIABILITIES 491 632
NET ASSETS 3,001 8,308

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 2,999 8,306
SHAREHOLDERS' FUNDS 3,001 8,308

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

JACK BENNEY LIMITED (REGISTERED NUMBER: 04447467)

BALANCE SHEET - continued
31 MARCH 2024


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 31 May 2024 and were signed on its behalf by:





S Benney - Director


JACK BENNEY LIMITED (REGISTERED NUMBER: 04447467)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Jack Benney 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 represents net invoiced sales of goods and services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, has been fully amortised.

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 - 15% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

JACK BENNEY LIMITED (REGISTERED NUMBER: 04447467)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 5,000
AMORTISATION
At 1 April 2023
and 31 March 2024 5,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 April 2023
and 31 March 2024 11,804
DEPRECIATION
At 1 April 2023 8,476
Charge for year 746
At 31 March 2024 9,222
NET BOOK VALUE
At 31 March 2024 2,582
At 31 March 2023 3,328

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 22,103 7,042
CIS 2,314 -
Amounts recoverable on contract 1,325 1,287
Prepayments and accrued income 438 389
26,180 8,718

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 3,475 395
Tax 4,996 2,092
Social security and other taxes 2,626 2,295
Directors' loan accounts 60,303 53,583
Accruals & deferred income 820 6,606
72,220 64,971

JACK BENNEY LIMITED (REGISTERED NUMBER: 04447467)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. RELATED PARTY DISCLOSURES

During the period, the company was controlled by its director, Mr S Benney, by virtue of the fact that he owns one hundred percent of the company's ordinary issued share capital.