Caseware UK (AP4) 2024.0.164 2024.0.164 2025-05-312025-05-31102024-06-01falseNo description of principal activity10truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 15143871 2024-06-01 2025-05-31 15143871 2023-09-18 2024-05-31 15143871 2025-05-31 15143871 2024-05-31 15143871 c:Director1 2024-06-01 2025-05-31 15143871 d:Goodwill 2024-06-01 2025-05-31 15143871 d:Goodwill 2025-05-31 15143871 d:Goodwill 2024-05-31 15143871 d:CurrentFinancialInstruments 2025-05-31 15143871 d:CurrentFinancialInstruments 2024-05-31 15143871 d:CurrentFinancialInstruments d:WithinOneYear 2025-05-31 15143871 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 15143871 d:ShareCapital 2025-05-31 15143871 d:ShareCapital 2024-05-31 15143871 d:RetainedEarningsAccumulatedLosses 2025-05-31 15143871 d:RetainedEarningsAccumulatedLosses 2024-05-31 15143871 c:FRS102 2024-06-01 2025-05-31 15143871 c:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 15143871 c:FullAccounts 2024-06-01 2025-05-31 15143871 c:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 15143871 d:Goodwill d:ExternallyAcquiredIntangibleAssets 2024-06-01 2025-05-31 15143871 2 2024-06-01 2025-05-31 15143871 d:Goodwill d:OwnedIntangibleAssets 2024-06-01 2025-05-31 15143871 e:PoundSterling 2024-06-01 2025-05-31 iso4217:GBP xbrli:pure

Registered number: 15143871









BENJAMIN STEVENS ESTATE AGENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

 
BENJAMIN STEVENS ESTATE AGENTS LIMITED
REGISTERED NUMBER: 15143871

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2025

2025
2024
Note
£
£

Fixed assets
  

Intangible assets
 4 
35,467
-

  
35,467
-

Current assets
  

Debtors: amounts falling due within one year
 5 
150,456
133,150

Cash at bank and in hand
 6 
645,365
637,402

  
795,821
770,552

Creditors: amounts falling due within one year
 7 
(803,399)
(769,588)

Net current (liabilities)/assets
  
 
 
(7,578)
 
 
964

Total assets less current liabilities
  
27,889
964

  

Net assets
  
27,889
964


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
27,888
963

  
27,889
964


Page 1

 
BENJAMIN STEVENS ESTATE AGENTS LIMITED
REGISTERED NUMBER: 15143871
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 1 July 2025.




S H Wayne
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
BENJAMIN STEVENS ESTATE AGENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025

1.


General information

Benjamin Stevens Estate Agents Limited is a private company limited by shares and registered in England & Wales. The address of its principal place of business is 194 Station Road, Edgware, HA8 7AT.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Commssion on property sales
Revenue from commission earned on property sales which is recognised at a point in time upon the exchange of contract for such sales.
Management fees
Revenue from property management services are recognised over the life of the contract on a stright line basis which is in line with when the services are provided. 

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
BENJAMIN STEVENS ESTATE AGENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


 
2.6

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of Income and Retained Earnings over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.9

Creditors

Short-term creditors are measured at the transaction price.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4

 
BENJAMIN STEVENS ESTATE AGENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025

3.


Employees

The average monthly number of employees, including the director, during the period was 10.


4.


Intangible assets




Goodwill

£



Cost


Additions
39,408



At 31 May 2025

39,408



Amortisation


Charge for the year 
3,941



At 31 May 2025

3,941



Net book value



At 31 May 2025
35,467



At 31 May 2024
-




5.


Debtors

2025
2024
£
£


Trade debtors
125,197
82,104

Amounts owed by group undertakings
20,600
-

Other debtors
4,659
51,046

150,456
133,150


Page 5

 
BENJAMIN STEVENS ESTATE AGENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025

6.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
645,365
637,402

645,365
637,402



7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Amounts owed to group undertakings
312
12,999

Corporation tax
35,448
17,081

Other taxation and social security
56,971
51,968

Other creditors
695,668
672,540

Accruals and deferred income
15,000
15,000

803,399
769,588



8.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £11,202 (2024: £1,176). Contributions totalling £nil (2024: £nil) were payable to the fund at the reporting date.


9.


Related party transactions

The company is exempt from disclosing related party transactions between members of the group in accordance with FRS 102 paragraph 33.1A.
At the reporting date £120,786 (2024:£120,786) was due to companies with common directors. The loans are interest free and repayable on demand.


10.


Controlling party

The company's immediate parent is Benjamin Stevens Holdings Limited, a company registered in England and Wales.  The ultimate controlling party is S Wayne, who is one of the director of the company. 

 
Page 6