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REGISTERED NUMBER: 10300596 (England and Wales)










Financial Statements

for the Year Ended 31 December 2023

for

Bennison Brown Ltd

Bennison Brown Ltd (Registered number: 10300596)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bennison Brown Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: A M Brown
M Bennison





REGISTERED OFFICE: 149C Manchester Road
London
London
E14 3DN





REGISTERED NUMBER: 10300596 (England and Wales)





ACCOUNTANTS: SKS Bailey Group Limited
Suite 32/33 Normany Gateway,
Lysaghts Way,
Scunthorpe
North Lincolnshire
DN15 9YG

Bennison Brown Ltd (Registered number: 10300596)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 35,271 39,214

CURRENT ASSETS
Debtors 5 10,005 111,072
Cash at bank and in hand 74,983 23,202
84,988 134,274
CREDITORS
Amounts falling due within one year 6 (96,926 ) (93,510 )
NET CURRENT (LIABILITIES)/ASSETS (11,938 ) 40,764
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,333

79,978

CREDITORS
Amounts falling due after more than one year 7 (15,000 ) (25,000 )
NET ASSETS 8,333 54,978

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 8,233 54,878
SHAREHOLDERS' FUNDS 8,333 54,978

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 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.

Bennison Brown Ltd (Registered number: 10300596)

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.

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 10 September 2024 and were signed on its behalf by:




A M Brown - Director



M Bennison - Director


Bennison Brown Ltd (Registered number: 10300596)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Bennison Brown Ltd 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.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to leasehold property - Straight line over 15 years
Website development - 20% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 20% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2022 - 17 ) .

Bennison Brown Ltd (Registered number: 10300596)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Improvements
to Fixtures
leasehold Website and Computer
property development fittings equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 35,036 14,804 13,858 48,748 112,446
Additions 1,375 - - 5,033 6,408
At 31 December 2023 36,411 14,804 13,858 53,781 118,854
DEPRECIATION
At 1 January 2023 12,708 12,929 12,967 34,628 73,232
Charge for year 2,634 971 584 6,162 10,351
At 31 December 2023 15,342 13,900 13,551 40,790 83,583
NET BOOK VALUE
At 31 December 2023 21,069 904 307 12,991 35,271
At 31 December 2022 22,328 1,875 891 14,120 39,214

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 9,000 110,337
Prepayments 1,005 735
10,005 111,072

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 8) 10,000 10,000
Corporation tax 51,069 47,161
Social security and other tax 14,752 18,848
Other creditors 13,969 16,160
Directors' current accounts - 97
Accrued expenses 7,136 1,244
96,926 93,510

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans (see note 8) 15,000 25,000

Bennison Brown Ltd (Registered number: 10300596)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loans - 1-2 years 10,000 10,000

Amounts falling due between one and two years:
Bank loans - 1-2 years 10,000 10,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 5,000 15,000

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 January 2023 54,878
Profit for the year 160,204
Dividends (206,849 )
At 31 December 2023 8,233

11. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Bennison Brown Group Limited, its controlling party. The Group does not prepare consolidated financial statements.