Ben Sky Limited Filleted Accounts Cover
Ben Sky Limited
Company No. 08348493
Information for Filing with The Registrar
31 January 2024
Ben Sky Limited Directors Report Registrar
The Director presents his report and the accounts for the year ended 31 January 2024.
Principal activities
The principal activity of the company during the year under review was web hosting and design services.
Director
The Director who served at any time during the year was as follows:
B. Sanjurgo
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
B. Sanjurgo
Director
03 October 2024
Ben Sky Limited Balance Sheet Registrar
at
31 January 2024
Company No.
08348493
Notes
2024
2023
£
£
Fixed assets
Intangible assets
4
117,44562,359
Tangible assets
5
2,913175
120,35862,534
Current assets
Debtors
6
114,02713,104
Investments
7
45,91642,135
Cash at bank and in hand
83,86677,602
243,809132,841
Creditors: Amount falling due within one year
8
(106,697)
(33,632)
Net current assets
137,11299,209
Total assets less current liabilities
257,470161,743
Creditors: Amounts falling due after more than one year
9
-
(11,844)
Provisions for liabilities
Deferred taxation
(728)
-
Net assets
256,742149,899
Capital and reserves
Called up share capital
100100
Revaluation reserve
10,9177,135
Profit and loss account
11
245,725142,664
Total equity
256,742149,899
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 03 October 2024 and signed on its behalf by:
B. Sanjurgo
Director
03 October 2024
Ben Sky Limited Notes to the Accounts Registrar
for the year ended 31 January 2024
1
General information
Ben Sky Limited is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 08348493
Its registered office is:
c/o Not Just Numbers Ltd
5 Carrwood Park
Selby Road
Leeds
LS15 4LG
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Furniture, fittings and equipment
33.33% Straight line
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Leased assets
Where the company enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to the Company are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the Company at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately in profit or loss, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the Company's policy on borrowing costs (see the accounting policy above).

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term.

In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
Provisions
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.
3
Employees
2024
2023
Number
Number
The average monthly number of employees (including directors) during the year was:
11
4
Intangible fixed assets
Other
Total
£
£
Cost
At 1 February 2023
65,00065,000
Additions
54,00054,000
At 31 January 2024
119,000119,000
Amortisation and impairment
At 1 February 2023
2,6412,641
Impairment loss
(1,086)
(1,086)
At 31 January 2024
1,5551,555
Net book values
At 31 January 2024
117,445117,445
At 31 January 2023
62,35962,359
5
Tangible fixed assets
Fixtures, fittings and equipment
Total
£
£
Cost or revaluation
At 1 February 2023
3,1183,118
Additions
4,0284,028
Disposals
(2,603)
(2,603)
At 31 January 2024
4,5434,543
Depreciation
At 1 February 2023
2,9432,943
Charge for the year
1,2901,290
Disposals
(2,603)
(2,603)
At 31 January 2024
1,6301,630
Net book values
At 31 January 2024
2,9132,913
At 31 January 2023
175
175
6
Debtors
2024
2023
£
£
Trade debtors
13,94212,889
Other debtors
100,000-
Prepayments and accrued income
85215
114,02713,104
Amounts included within Other debtors that fall due after more than one year
100,000
7
Current asset investments
2024
2023
£
£
Listed investments
45,91642,135
45,91642,135
8
Creditors:
amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
750482
Trade creditors
3,2261,731
Taxes and social security
70,438
29,935
Loans from directors
19,156335
Other creditors
11,979-
Accruals and deferred income
1,1481,149
106,69733,632
9
Creditors:
amounts falling due after more than one year
2024
2023
£
£
Other creditors
-11,844
-11,844
10
Share Capital
100 Ordinary Shares allocated, called up and fully paid.
11
Reserves
Revaluation Reserve
Total other reserves
£
£
At 1 February 2022
6,103
6,103
Movement on revaluation reserve
1,032
1,032
At 31 January 2023 and 1 February 2023
7,135
7,135
Movement on revaluation reserve
3,782
3,782
At 31 January 2024
10,91710,917
Profit and loss account - includes all current and prior period retained profits and losses.
12
Related party disclosures
Transactions with related parties
Loan to BMB Assets Limited, a company owned by B Sanjurgo for £100,000.
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