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REGISTERED NUMBER: 00305712 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

S.BENJAMIN (OVERSEAS) LIMITED

S.BENJAMIN (OVERSEAS) LIMITED (REGISTERED NUMBER: 00305712)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


S.BENJAMIN (OVERSEAS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: B M P Benjamin
G N Benjamin





SECRETARY: B M P Benjamin





REGISTERED OFFICE: Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE





REGISTERED NUMBER: 00305712 (England and Wales)





ACCOUNTANTS: Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE

S.BENJAMIN (OVERSEAS) LIMITED (REGISTERED NUMBER: 00305712)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 880 118

CURRENT ASSETS
Stocks 4,690 11,894
Debtors 5 458,028 458,502
Cash at bank 769 44,047
463,487 514,443
CREDITORS
Amounts falling due within one year 6 59,288 104,229
NET CURRENT ASSETS 404,199 410,214
TOTAL ASSETS LESS CURRENT
LIABILITIES

405,079

410,332

CAPITAL AND RESERVES
Called up share capital 135,024 135,024
Capital redemption reserve 44,977 44,977
Retained earnings 225,078 230,331
405,079 410,332

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

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 Board of Directors and authorised for issue on 18 November 2024 and were signed on its behalf by:





G N Benjamin - Director


S.BENJAMIN (OVERSEAS) LIMITED (REGISTERED NUMBER: 00305712)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024


1. STATUTORY INFORMATION

S.Benjamin (Overseas) 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
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.
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable 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.

Taxation
Taxation for the year comprises current 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 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern
After reviewing the company's forecasts, the directors believe that the company has adequate resources to continue in operational existence.

3. EMPLOYEES

The average number of employees during the year was NIL (2023 - 2 ).

S.BENJAMIN (OVERSEAS) LIMITED (REGISTERED NUMBER: 00305712)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2023 460 922 1,382
Additions - 835 835
At 29 February 2024 460 1,757 2,217
DEPRECIATION
At 1 March 2023 460 804 1,264
Charge for year - 73 73
At 29 February 2024 460 877 1,337
NET BOOK VALUE
At 29 February 2024 - 880 880
At 28 February 2023 - 118 118

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 75,398 89,606
Other debtors 314 784
75,712 90,390

Amounts falling due after more than one year:
Trade debtors 382,316 368,112

Aggregate amounts 458,028 458,502

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,701 108
Other creditors 57,587 104,121
59,288 104,229