IRIS Accounts Production v23.1.0.753 12487110 director 1.3.23 29.2.24 29.2.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure124871102023-02-28124871102024-02-29124871102023-03-012024-02-29124871102022-02-28124871102022-03-012023-02-28124871102023-02-2812487110ns15:EnglandWales2023-03-012024-02-2912487110ns14:PoundSterling2023-03-012024-02-2912487110ns10:Director12023-03-012024-02-2912487110ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2912487110ns10:SmallEntities2023-03-012024-02-2912487110ns10:AuditExemptWithAccountantsReport2023-03-012024-02-2912487110ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2912487110ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2912487110ns10:FullAccounts2023-03-012024-02-2912487110ns10:OrdinaryShareClass12023-03-012024-02-2912487110ns10:RegisteredOffice2023-03-012024-02-2912487110ns5:CurrentFinancialInstruments2024-02-2912487110ns5:CurrentFinancialInstruments2023-02-2812487110ns5:Non-currentFinancialInstruments2024-02-2912487110ns5:Non-currentFinancialInstruments2023-02-2812487110ns5:ShareCapital2024-02-2912487110ns5:ShareCapital2023-02-2812487110ns5:RetainedEarningsAccumulatedLosses2024-02-2912487110ns5:RetainedEarningsAccumulatedLosses2023-02-2812487110ns5:ComputerEquipment2023-03-012024-02-2912487110ns5:ComputerEquipment2023-02-2812487110ns5:ComputerEquipment2024-02-2912487110ns5:ComputerEquipment2023-02-2812487110ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2912487110ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2812487110ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-02-2912487110ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-02-2812487110ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-02-2912487110ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-02-2812487110ns5:DeferredTaxation2023-02-2812487110ns5:DeferredTaxation2023-03-012024-02-2912487110ns5:DeferredTaxation2024-02-2912487110ns10:OrdinaryShareClass12024-02-29
REGISTERED NUMBER: 12487110 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Ben Ottewell Ltd

Ben Ottewell Ltd (Registered number: 12487110)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Ben Ottewell Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTOR: B P Ottewell





REGISTERED OFFICE: C205 The Chocolate Factory
5 Clarendon Road
Wood Green
London
N22 6XJ





REGISTERED NUMBER: 12487110 (England and Wales)





ACCOUNTANTS: CPS Accountancy Ltd
Chartered Certified Accountants
C205 The Chocolate Factory
5 Clarendon Road
Wood Green
London
N22 6XJ

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Ben Ottewell Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ben Ottewell Ltd for the year ended 29 February 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Ben Ottewell Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ben Ottewell Ltd and state those matters that we have agreed to state to the director of Ben Ottewell Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Ben Ottewell Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ben Ottewell Ltd. You consider that Ben Ottewell Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ben Ottewell Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






CPS Accountancy Ltd
Chartered Certified Accountants
C205 The Chocolate Factory
5 Clarendon Road
Wood Green
London
N22 6XJ


25 November 2024

Ben Ottewell Ltd (Registered number: 12487110)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,503 7,176

CURRENT ASSETS
Debtors 5 16,920 14,771
Cash at bank and in hand 111,949 115,555
128,869 130,326
CREDITORS
Amounts falling due within one year 6 74,163 73,698
NET CURRENT ASSETS 54,706 56,628
TOTAL ASSETS LESS CURRENT
LIABILITIES

61,209

63,804

CREDITORS
Amounts falling due after more than
one year

7

(5,669

)

(9,666

)

PROVISIONS FOR LIABILITIES 9 (1,236 ) (1,363 )
NET ASSETS 54,304 52,775

Ben Ottewell Ltd (Registered number: 12487110)

Balance Sheet - continued
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 54,204 52,675
SHAREHOLDERS' FUNDS 54,304 52,775

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 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 Income Statement has not been delivered.

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





B P Ottewell - Director


Ben Ottewell Ltd (Registered number: 12487110)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Ben Ottewell 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.
Computer equipment - 25% on reducing balance

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.

Ben Ottewell Ltd (Registered number: 12487110)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2023 12,939
Additions 1,495
At 29 February 2024 14,434
DEPRECIATION
At 1 March 2023 5,763
Charge for year 2,168
At 29 February 2024 7,931
NET BOOK VALUE
At 29 February 2024 6,503
At 28 February 2023 7,176

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 16,920 14,771

Ben Ottewell Ltd (Registered number: 12487110)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts (see note 8)
4,000

4,000
Trade creditors - 680
Tax 3,322 8,073
Social security and other taxes 144 152
VAT 4,442 5,028
Other creditors 61,675 55,265
Accrued expenses 580 500
74,163 73,698

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans (see note 8) 5,669 9,666

8. LOANS

An analysis of the maturity of loans is given below:

29.2.24 28.2.23
£    £   
Amounts falling due within one year or on demand:
Bank loans 4,000 4,000

Amounts falling due between one and two years:
Bank loans - 1-2 years 4,000 4,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 1,669 5,666

9. PROVISIONS FOR LIABILITIES
29.2.24 28.2.23
£    £   
Deferred tax 1,236 1,363

Ben Ottewell Ltd (Registered number: 12487110)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 March 2023 1,363
Provided during year (127 )
Balance at 29 February 2024 1,236

10. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 Ordinary 1 100 100