PTP Accounts Production v24.2.0.383 04316515 Board of Directors 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh043165152022-11-30043165152023-11-30043165152022-12-012023-11-30043165152021-11-30043165152021-12-012022-11-30043165152022-11-3004316515ns15:EnglandWales2022-12-012023-11-3004316515ns14:PoundSterling2022-12-012023-11-3004316515ns10:Director12022-12-012023-11-3004316515ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3004316515ns10:SmallEntities2022-12-012023-11-3004316515ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3004316515ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3004316515ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3004316515ns10:FullAccounts2022-12-012023-11-3004316515ns10:Director22022-12-012023-11-3004316515ns10:CompanySecretary12022-12-012023-11-3004316515ns10:RegisteredOffice2022-12-012023-11-3004316515ns5:CurrentFinancialInstruments2023-11-3004316515ns5:CurrentFinancialInstruments2022-11-3004316515ns5:ShareCapital2023-11-3004316515ns5:ShareCapital2022-11-3004316515ns5:RetainedEarningsAccumulatedLosses2023-11-3004316515ns5:RetainedEarningsAccumulatedLosses2022-11-3004316515ns5:FurnitureFittings2022-12-012023-11-3004316515ns5:ComputerEquipment2022-12-012023-11-3004316515ns5:FurnitureFittings2022-11-3004316515ns5:ComputerEquipment2022-11-3004316515ns5:FurnitureFittings2023-11-3004316515ns5:ComputerEquipment2023-11-3004316515ns5:FurnitureFittings2022-11-3004316515ns5:ComputerEquipment2022-11-3004316515ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3004316515ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-3004316515ns5:DeferredTaxation2022-11-3004316515ns5:DeferredTaxation2023-11-30
REGISTERED NUMBER: 04316515 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER 2023

FOR

GREAT BENEFIT LIMITED

GREAT BENEFIT LIMITED (REGISTERED NUMBER: 04316515)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GREAT BENEFIT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2023







DIRECTORS: I J S Jones
G Jones





SECRETARY: I J S Jones





REGISTERED OFFICE: The Old School House
Bridge Road
Hunton Bridge
Kings Langley
Hertfordshire
WD4 8SZ





REGISTERED NUMBER: 04316515 (England and Wales)





ACCOUNTANTS: Gowers Limited
The Old School House
Bridge Road
Hunton Bridge
Kings Langley
Hertfordshire
WD4 8SZ

GREAT BENEFIT LIMITED (REGISTERED NUMBER: 04316515)

BALANCE SHEET
30TH NOVEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,350 3,548

CURRENT ASSETS
Debtors 5 8,723 6,056
Cash at bank 14,927 12,869
23,650 18,925
CREDITORS
Amounts falling due within one year 6 (32,165 ) (29,338 )
NET CURRENT LIABILITIES (8,515 ) (10,413 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(6,165

)

(6,865

)

PROVISIONS FOR LIABILITIES 7 (150 ) (150 )
NET LIABILITIES (6,315 ) (7,015 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (6,415 ) (7,115 )
SHAREHOLDERS' FUNDS (6,315 ) (7,015 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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.

GREAT BENEFIT LIMITED (REGISTERED NUMBER: 04316515)

BALANCE SHEET - continued
30TH NOVEMBER 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 20th August 2024 and were signed on its behalf by:





I J S Jones - Director


GREAT BENEFIT LIMITED (REGISTERED NUMBER: 04316515)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023


1. STATUTORY INFORMATION

Great Benefit 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 services and goods excluding Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% on cost
Computer equipment - 33% on cost

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.

3. EMPLOYEES AND DIRECTORS

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

GREAT BENEFIT LIMITED (REGISTERED NUMBER: 04316515)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st December 2022 9,067 53,524 62,591
Additions 1,059 1,022 2,081
At 30th November 2023 10,126 54,546 64,672
DEPRECIATION
At 1st December 2022 8,484 50,559 59,043
Charge for year 291 2,988 3,279
At 30th November 2023 8,775 53,547 62,322
NET BOOK VALUE
At 30th November 2023 1,351 999 2,350
At 30th November 2022 583 2,965 3,548

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 8,900 5,180
Other debtors 11 11
Tax (188 ) 865
8,723 6,056

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 1,304 1,174
Other creditors 30,861 28,164
32,165 29,338

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 150 150

GREAT BENEFIT LIMITED (REGISTERED NUMBER: 04316515)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023


7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st December 2022 150
Movement in the year
Balance at 30th November 2023 150