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Company Registration No. 5666589 (England and Wales)
Ben Spence Ltd Unaudited accounts for the year ended 31 January 2025
Ben Spence Ltd Unaudited accounts Contents
Page
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Ben Spence Ltd Company Information for the year ended 31 January 2025
Director
Benedict Spence
Company Number
5666589 (England and Wales)
Registered Office
26 Colvestone Crescent London London E8 2LH England
Accountants
David Meyer FCCA 2 Downage London NW4 1AA
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Ben Spence Ltd Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
163,444 
191,235 
Current assets
Debtors
102,443 
9,774 
Cash at bank and in hand
271,103 
227,812 
373,546 
237,586 
Creditors: amounts falling due within one year
(130,106)
(45,346)
Net current assets
243,440 
192,240 
Total assets less current liabilities
406,884 
383,475 
Creditors: amounts falling due after more than one year
(14,139)
(14,248)
Net assets
392,745 
369,227 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
392,645 
369,127 
Shareholders' funds
392,745 
369,227 
For the year ending 31 January 2025 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 1 September 2025 and were signed on its behalf by
Benedict Spence Director Company Registration No. 5666589
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Ben Spence Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Ben Spence Ltd is a private company, limited by shares, registered in England and Wales, registration number 5666589. The registered office is 26 Colvestone Crescent, London, London, E8 2LH, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2024
712,684 
113,785 
826,469 
Additions
26,689 
- 
26,689 
At 31 January 2025
739,373 
113,785 
853,158 
Depreciation
At 1 February 2024
606,788 
28,446 
635,234 
Charge for the year
33,146 
21,334 
54,480 
At 31 January 2025
639,934 
49,780 
689,714 
Net book value
At 31 January 2025
99,439 
64,005 
163,444 
At 31 January 2024
105,896 
85,339 
191,235 
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Ben Spence Ltd Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
70,065 
- 
Trade debtors
15,740 
9,774 
Other debtors
16,638 
- 
102,443 
9,774 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
- 
10,000 
VAT
85,578 
13,828 
Taxes and social security
44,528 
12,113 
Loans from directors
- 
9,405 
130,106 
45,346 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
14,139 
14,248 
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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