IRIS Accounts Production v24.3.2.46 SC305881 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC3058812023-03-31SC3058812024-03-31SC3058812023-04-012024-03-31SC3058812022-03-31SC3058812022-04-012023-03-31SC3058812023-03-31SC305881ns15:Scotland2023-04-012024-03-31SC305881ns14:PoundSterling2023-04-012024-03-31SC305881ns10:Director12023-04-012024-03-31SC305881ns10:PrivateLimitedCompanyLtd2023-04-012024-03-31SC305881ns10:SmallEntities2023-04-012024-03-31SC305881ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-31SC305881ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-31SC305881ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-31SC305881ns10:FullAccounts2023-04-012024-03-31SC30588112023-04-012024-03-31SC305881ns10:Director22023-04-012024-03-31SC305881ns10:RegisteredOffice2023-04-012024-03-31SC305881ns5:CurrentFinancialInstruments2024-03-31SC305881ns5:CurrentFinancialInstruments2023-03-31SC305881ns5:ShareCapital2024-03-31SC305881ns5:ShareCapital2023-03-31SC305881ns5:RetainedEarningsAccumulatedLosses2024-03-31SC305881ns5:RetainedEarningsAccumulatedLosses2023-03-31SC305881ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-31SC305881ns5:PatentsTrademarksLicencesConcessionsSimilar2023-04-012024-03-31SC305881ns5:LeaseholdImprovements2023-04-012024-03-31SC305881ns5:MotorVehicles2023-04-012024-03-31SC305881ns5:ComputerEquipment2023-04-012024-03-31SC305881ns5:IntangibleAssetsOtherThanGoodwill2023-03-31SC305881ns5:IntangibleAssetsOtherThanGoodwill2024-03-31SC305881ns5:IntangibleAssetsOtherThanGoodwill2023-03-31SC305881ns5:LeaseholdImprovements2023-03-31SC305881ns5:MotorVehicles2023-03-31SC305881ns5:ComputerEquipment2023-03-31SC305881ns5:LeaseholdImprovements2024-03-31SC305881ns5:MotorVehicles2024-03-31SC305881ns5:ComputerEquipment2024-03-31SC305881ns5:LeaseholdImprovements2023-03-31SC305881ns5:MotorVehicles2023-03-31SC305881ns5:ComputerEquipment2023-03-31SC305881ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-31SC305881ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: SC305881 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

BEN PROPERTY MANAGEMENT LIMITED

BEN PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: SC305881)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BEN PROPERTY MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: J A M Kerr
J R Plunkett





REGISTERED OFFICE: 3 Manor Place
Edinburgh
EH3 7DH





REGISTERED NUMBER: SC305881 (Scotland)





ACCOUNTANTS: Jamieson Stone LLP
Windsor House
40/41 Great Castle Street
London
W1W 8LU

BEN PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: SC305881)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 56,076 15,033
56,076 15,033

CURRENT ASSETS
Debtors 6 95,697 98,023
Cash at bank 574,859 625,566
670,556 723,589
CREDITORS
Amounts falling due within one year 7 (115,779 ) (102,580 )
NET CURRENT ASSETS 554,777 621,009
TOTAL ASSETS LESS CURRENT
LIABILITIES

610,853

636,042

CAPITAL AND RESERVES
Called up share capital 105,000 105,000
Retained earnings 505,853 531,042
SHAREHOLDERS' FUNDS 610,853 636,042

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 30 December 2024 and were signed on its behalf by:



J A M Kerr - Director


BEN PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: SC305881)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Ben Property Management Limited is a private company, limited by shares , registered in Scotland. 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 the total amount receivable by the company excluding value added tax, in the ordinary course of its business for goods supplied and services provided.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to premises - 10% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

BEN PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: SC305881)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2023
and 31 March 2024 17,058
AMORTISATION
At 1 April 2023
and 31 March 2024 17,058
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Improvements
to Motor Computer
premises vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 40,202 37,730 23,521 101,453
Additions - 56,871 970 57,841
At 31 March 2024 40,202 94,601 24,491 159,294
DEPRECIATION
At 1 April 2023 27,242 37,730 21,448 86,420
Charge for year 1,440 14,218 1,140 16,798
At 31 March 2024 28,682 51,948 22,588 103,218
NET BOOK VALUE
At 31 March 2024 11,520 42,653 1,903 56,076
At 31 March 2023 12,960 - 2,073 15,033

BEN PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: SC305881)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 79,562 78,719
Other debtors 1,250 1,250
Amounts due from group undertakings 4,589 5,867
Tax 3,435 4,408
Prepayments 6,861 7,779
95,697 98,023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,334 7,617
Corporation tax 23,531 32,072
VAT 37,117 32,597
Other creditors 19,694 6,820
Directors' current accounts 3,230 5,001
Accruals and deferred income 29,873 18,473
115,779 102,580