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REGISTERED NUMBER: 05641923 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

DARREN M BENSON CROP SPRAYING LTD.

DARREN M BENSON CROP SPRAYING LTD. (REGISTERED NUMBER: 05641923)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


DARREN M BENSON CROP SPRAYING LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: D M Benson





REGISTERED OFFICE: Beatrice House
Vicarage Lane
Welton
Lincolnshire
LN2 3JG





REGISTERED NUMBER: 05641923 (England and Wales)





ACCOUNTANTS: Dexter & Sharpe (Lincoln) Ltd
Landmark House
1 Riseholme Road
Lincoln
Lincolnshire
LN1 3SN

DARREN M BENSON CROP SPRAYING LTD. (REGISTERED NUMBER: 05641923)

ABRIDGED BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 3 - -
Tangible assets 4 334,089 309,404
334,089 309,404

CURRENT ASSETS
Debtors 13,663 26,463
Cash at bank 31,154 186,283
44,817 212,746
CREDITORS
Amounts falling due within one year 3,385 59,380
NET CURRENT ASSETS 41,432 153,366
TOTAL ASSETS LESS CURRENT
LIABILITIES

375,521

462,770

PROVISIONS FOR LIABILITIES 59,603 56,642
NET ASSETS 315,918 406,128

CAPITAL AND RESERVES
Called up share capital 4 4
Revaluation reserve 5 151,224 151,224
Retained earnings 164,690 254,900
SHAREHOLDERS' FUNDS 315,918 406,128

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

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

DARREN M BENSON CROP SPRAYING LTD. (REGISTERED NUMBER: 05641923)

ABRIDGED BALANCE SHEET - continued
31 DECEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 September 2024 and were signed by:





D M Benson - Director


DARREN M BENSON CROP SPRAYING LTD. (REGISTERED NUMBER: 05641923)

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

1. 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 as modified by the revaluation of certain assets.

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 2006, is being amortised evenly over its estimated useful life of fifteen 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 - 25% on reducing balance and 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

2. EMPLOYEES AND DIRECTORS

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

DARREN M BENSON CROP SPRAYING LTD. (REGISTERED NUMBER: 05641923)

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

3. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023
and 31 December 2023 30,000
AMORTISATION
At 1 January 2023
and 31 December 2023 30,000
NET BOOK VALUE

At 31 December 2023 -
At 31 December 2022 -

4. TANGIBLE FIXED ASSETS
Totals
£   
COST OR VALUATION
At 1 January 2023 522,613
Additions 79,723
At 31 December 2023 602,336
DEPRECIATION
At 1 January 2023 213,209
Charge for year 55,038
At 31 December 2023 268,247
NET BOOK VALUE
At 31 December 2023 334,089
At 31 December 2022 309,404

Cost or valuation at 31 December 2023 is represented by:

Totals
£   
Valuation in 2022 38,022
Cost 564,314
602,336

5. RESERVES
Revaluation
reserve
£   
At 1 January 2023
and 31 December 2023 151,224

DARREN M BENSON CROP SPRAYING LTD. (REGISTERED NUMBER: 05641923)

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

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
D M Benson
Balance outstanding at start of year 25,107 9,124
Amounts advanced - 52,004
Amounts repaid (15,540 ) (36,021 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,567 25,107

Directors Loan repaid within 9 months of the end of the accounting period.