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REGISTERED NUMBER: 00275446 (England and Wales)
















Unaudited Financial Statements for the Year Ended 31st August 2024

for

EDWARD BENTON & CO LTD

EDWARD BENTON & CO LTD (REGISTERED NUMBER: 00275446)






Contents of the Financial Statements
for the Year Ended 31st August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EDWARD BENTON & CO LTD

Company Information
for the Year Ended 31st August 2024







DIRECTORS: G A G Smith
J A Ferrigno





SECRETARY: Mrs C A Smith





REGISTERED OFFICE: Creteangle Works
Brook Lane
Ferring
Worthing
West Sussex
BN12 5LP





REGISTERED NUMBER: 00275446 (England and Wales)





ACCOUNTANTS: MastersFuller
Chartered Certified Accountants
38 Salisbury Road
Worthing
West Sussex
BN11 1RD

EDWARD BENTON & CO LTD (REGISTERED NUMBER: 00275446)

Balance Sheet
31st August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,176 7,265

CURRENT ASSETS
Stocks 25,000 27,634
Debtors 5 62,129 30,033
Cash at bank and in hand 287,121 321,899
374,250 379,566
CREDITORS
Amounts falling due within one year 6 29,336 28,392
NET CURRENT ASSETS 344,914 351,174
TOTAL ASSETS LESS CURRENT
LIABILITIES

351,090

358,439

CAPITAL AND RESERVES
Called up share capital 77,500 77,500
Other reserves 8,250 8,250
Retained earnings 265,340 272,689
SHAREHOLDERS' FUNDS 351,090 358,439

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4th November 2024 and were signed on its behalf by:




G A G Smith - Director


EDWARD BENTON & CO LTD (REGISTERED NUMBER: 00275446)

Notes to the Financial Statements
for the Year Ended 31st August 2024

1. STATUTORY INFORMATION

Edward Benton & Co 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.
Plant & machinery - 15% on reducing balance
Fixtures & fittings - 15% on reducing balance or 33% on cost

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

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 2 (2023 - 2 ) .

EDWARD BENTON & CO LTD (REGISTERED NUMBER: 00275446)

Notes to the Financial Statements - continued
for the Year Ended 31st August 2024

4. TANGIBLE FIXED ASSETS
Plant & Fixtures
machinery & fittings Totals
£    £    £   
COST
At 1st September 2023
and 31st August 2024 65,144 32,706 97,850
DEPRECIATION
At 1st September 2023 58,418 32,167 90,585
Charge for year 1,009 80 1,089
At 31st August 2024 59,427 32,247 91,674
NET BOOK VALUE
At 31st August 2024 5,717 459 6,176
At 31st August 2023 6,726 539 7,265

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 56,686 12,720
Other debtors 1,354 2,092
Prepayments 4,089 15,221
62,129 30,033

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 7,339 7,736
PAYE & NIC control 1,402 1,267
Pension 186 307
VAT 9,178 6,650
Accrued expenses 11,231 12,432
29,336 28,392