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REGISTERED NUMBER: 05961403 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

BEN'S BUS LIMITED

BEN'S BUS LIMITED (REGISTERED NUMBER: 05961403)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BEN'S BUS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: B J G Keown





REGISTERED OFFICE: Garden Flat
70 Fairhazel Gardens
London
NW6 3SR





REGISTERED NUMBER: 05961403 (England and Wales)





ACCOUNTANTS: Hartley Fowler LLP
Chartered Accountants
Pavilion View
19 New Road
Brighton
East Sussex
BN1 1EY

BEN'S BUS LIMITED (REGISTERED NUMBER: 05961403)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 32,919 23,837

CURRENT ASSETS
Debtors 5 44,333 5,173
Cash at bank 488,877 348,776
533,210 353,949
CREDITORS
Amounts falling due within one year 6 288,330 266,088
NET CURRENT ASSETS 244,880 87,861
TOTAL ASSETS LESS CURRENT
LIABILITIES

277,799

111,698

PROVISIONS FOR LIABILITIES 7 8,230 5,959
NET ASSETS 269,569 105,739

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 269,568 105,738
SHAREHOLDERS' FUNDS 269,569 105,739

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 September 2024 and were signed by:





B J G Keown - Director


BEN'S BUS LIMITED (REGISTERED NUMBER: 05961403)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Ben's Bus 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Revenue is measured at fair value of the consideration received or receivable less customer refunds.

Revenue from the provision of services is recognised once invoiced.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Website - 33% on cost
Fixtures, fittings & equipment - 25% on reducing balance
Computer equipment - 25% 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.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

BEN'S BUS LIMITED (REGISTERED NUMBER: 05961403)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 33 (2023 - 17 ) .

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings Computer
Website & equipment equipment Totals
£    £    £    £   
COST
At 1 July 2023 134,661 2,631 5,895 143,187
Additions 22,901 389 2,808 26,098
At 30 June 2024 157,562 3,020 8,703 169,285
DEPRECIATION
At 1 July 2023 112,985 2,483 3,882 119,350
Charge for year 15,986 95 935 17,016
At 30 June 2024 128,971 2,578 4,817 136,366
NET BOOK VALUE
At 30 June 2024 28,591 442 3,886 32,919
At 30 June 2023 21,676 148 2,013 23,837

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 3,225
Other debtors 44,333 1,948
44,333 5,173

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 1,122
Taxation and social security 271,787 248,561
Other creditors 16,543 16,405
288,330 266,088

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 8,230 5,959

Deferred
tax
£   
Balance at 1 July 2023 5,959
Provided during year 2,271
Balance at 30 June 2024 8,230

BEN'S BUS LIMITED (REGISTERED NUMBER: 05961403)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1