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REGISTERED NUMBER: 09016553 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Binks Associates Ltd

Binks Associates Ltd (Registered number: 09016553)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Binks Associates Ltd (Registered number: 09016553)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 95,326 98,311
Investments 6 3,800 -
99,126 98,311

CURRENT ASSETS
Debtors 7 14,364 39,274
Cash at bank 25,739 91,510
40,103 130,784
CREDITORS
Amounts falling due within one year 8 434 38,052
NET CURRENT ASSETS 39,669 92,732
TOTAL ASSETS LESS CURRENT
LIABILITIES

138,795

191,043

CREDITORS
Amounts falling due after more than
one year

9

12,427

14,146
NET ASSETS 126,368 176,897

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 126,367 176,896
SHAREHOLDERS' FUNDS 126,368 176,897

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

Binks Associates Ltd (Registered number: 09016553)

Balance Sheet - continued
31 October 2024


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 14 July 2025 and were signed on its behalf by:





Mrs K J Truphet - Director


Binks Associates Ltd (Registered number: 09016553)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Binks Associates Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09016553

Registered office: 22 Bicknell Road
London
SE5 9AU

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Revenue recognition
Sales comprise the fair value of the consideration received or receivable for the rendering of services in the ordinary course of the company's activities. Sales are presented, net of value-added tax, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the company's activities as follows:

Revenue from the sale of services is recognised at the point at which those services have been provided to the customer. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost


Binks Associates Ltd (Registered number: 09016553)

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

3. ACCOUNTING POLICIES - continued
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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2023 79,090 2,930 22,995 4,595 109,610
Additions - - - 3,589 3,589
At 31 October 2024 79,090 2,930 22,995 8,184 113,199
DEPRECIATION
At 1 November 2023 - 2,536 5,749 3,014 11,299
Charge for year - 79 4,599 1,896 6,574
At 31 October 2024 - 2,615 10,348 4,910 17,873
NET BOOK VALUE
At 31 October 2024 79,090 315 12,647 3,274 95,326
At 31 October 2023 79,090 394 17,246 1,581 98,311

Binks Associates Ltd (Registered number: 09016553)

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

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 3,800
At 31 October 2024 3,800
NET BOOK VALUE
At 31 October 2024 3,800

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Other debtors 14,364 39,137
Prepayments - 137
14,364 39,274

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 265 581
Tax - 28,575
VAT 169 8,896
434 38,052

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.10.24 31.10.23
£    £   
Other loans more 5yrs instal 12,427 14,146

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 12,427 14,146