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REGISTERED NUMBER: 09442860 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2024

FOR

BENJAMIN ALLEN BESPOKE HOMES LTD

BENJAMIN ALLEN BESPOKE HOMES LTD (REGISTERED NUMBER: 09442860)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


BENJAMIN ALLEN BESPOKE HOMES LTD (REGISTERED NUMBER: 09442860)

BALANCE SHEET
28 FEBRUARY 2024

2024 2023
as restated
Notes £    £    £    £   
FIXED ASSETS
Investments 4 100 100
Investment property 5 500,000 550,000
500,100 550,100

CURRENT ASSETS
Debtors 6 123,919 313,652
Cash at bank and in hand 563 563
124,482 314,215
CREDITORS
Amounts falling due within one year 7 21,720 203,398
NET CURRENT ASSETS 102,762 110,817
TOTAL ASSETS LESS CURRENT
LIABILITIES

602,862

660,917

CREDITORS
Amounts falling due after more than one
year

8

(158,387

)

(174,697

)

PROVISIONS FOR LIABILITIES (28,367 ) (40,867 )
NET ASSETS 416,108 445,353

CAPITAL AND RESERVES
Called up share capital 50 50
Fair value reserve 85,099 122,599
Retained earnings 330,959 322,704
SHAREHOLDERS' FUNDS 416,108 445,353

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 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.

BENJAMIN ALLEN BESPOKE HOMES LTD (REGISTERED NUMBER: 09442860)

BALANCE SHEET - continued
28 FEBRUARY 2024


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 20 November 2024 and were signed on its behalf by:





R E Dawson - Director


BENJAMIN ALLEN BESPOKE HOMES LTD (REGISTERED NUMBER: 09442860)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024


1. STATUTORY INFORMATION

Benjamin Allen Bespoke Homes Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09442860

Registered office: 2 Cooper House
Coopers Way
Henfield
West Sussex
BN5 9EQ

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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about Benjamin Allen Bespoke Homes Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 NIL (2023 - NIL).

BENJAMIN ALLEN BESPOKE HOMES LTD (REGISTERED NUMBER: 09442860)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2024


4. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 March 2023
and 28 February 2024 100
NET BOOK VALUE
At 28 February 2024 100
At 28 February 2023 100

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2023 550,000
Revaluations (50,000 )
At 28 February 2024 500,000
NET BOOK VALUE
At 28 February 2024 500,000
At 28 February 2023 550,000

Fair value at 28 February 2024 is represented by:
£   
Valuation in 2019 13,466
Valuation in 2022 125,000
Valuation in 2023 25,000
Valuation in 2024 (50,000 )
Cost 386,534
500,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Amounts owed by group undertakings 123,919 313,652

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Bank loans and overdrafts 16,310 15,607
Amounts owed to related undertakings 920 920
Taxation and social security 2,579 5,002
Other creditors 1,911 181,869
21,720 203,398

BENJAMIN ALLEN BESPOKE HOMES LTD (REGISTERED NUMBER: 09442860)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
as restated
£    £   
Bank loans 158,387 174,697

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 84,805 104,537

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
as restated
£    £   
Bank loans 174,697 190,304

The bank loan is secured over the investment property.