Company Registration No. 09166598 (England and Wales)
Ben Austin Ltd
Unaudited accounts
for the year ended 31 August 2024
Ben Austin Ltd
Unaudited accounts
Contents
Ben Austin Ltd
Company Information
for the year ended 31 August 2024
Director
Benjamin Charles Austin
Company Number
09166598 (England and Wales)
Registered Office
247 Church Street
London
N16 9HP
United Kingdom
Accountants
Wyatts Partnership Ltd
247 Church Street
London
N16 9HP
Ben Austin Ltd
Statement of financial position
as at 31 August 2024
Cash at bank and in hand
21,574
75,339
Creditors: amounts falling due within one year
21,813
(12,745)
Net current assets
59,500
81,634
Called up share capital
150
150
Profit and loss account
60,549
82,300
Shareholders' funds
60,699
82,450
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 February 2025 and were signed on its behalf by
Benjamin Charles Austin
Director
Company Registration No. 09166598
Ben Austin Ltd
Notes to the Accounts
for the year ended 31 August 2024
Ben Austin Ltd is a private company, limited by shares, registered in England and Wales, registration number 09166598. The registered office is 247 Church Street, London, N16 9HP, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in pounds sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
-
368
8,797
9,165
At 31 August 2024
1,054
-
8,797
9,851
At 1 September 2023
-
368
7,981
8,349
Charge for the year
263
-
408
671
On disposals
-
(368)
-
(368)
At 31 August 2024
263
-
8,389
8,652
At 31 August 2024
791
-
408
1,199
At 31 August 2023
-
-
816
816
Ben Austin Ltd
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
15,644
18,164
Accrued income and prepayments
469
650
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,171
5,877
Loans from directors
(32,799)
982
Allotted, called up and fully paid:
150 Ordinary shares of £1 each
150
150
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan
(982)
33,781
-
32,799
The Director took a loan out from the Company during the year and confirms this will be repaid by 30th April 2025.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).