REGISTERED NUMBER: 09573012 (England and Wales)

Financial Statements

for the year ended

31 December 2024

for

Benjamin Moore UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D Calkins

T Griep

C I Shaw

F Lotito

REGISTERED OFFICE:

804 Oxford Avenue

Slough

SL1 4LN

REGISTERED NUMBER:

09573012 (England and Wales)

AUDITORS:

Just Audit Limited

Chartered Accountants and Statutory Auditors

Strelley Hall

Main Street

Strelley

Nottingham

NG8 6PE

FIXED ASSETS

Tangible assets

4

1,387,377

1,439,674

CURRENT ASSETS

Stocks

488,851

411,325

Debtors

5

694,075

612,790

Cash at bank

1,144,031

671,586

2,326,957

1,695,701

CREDITORS

Amounts falling due within one year

6

2,739,572

2,378,601

NET CURRENT LIABILITIES

(412,615

)

(682,900

)

TOTAL ASSETS LESS CURRENT LIABILITIES

974,762

756,774

PROVISIONS FOR LIABILITIES

186,008

123,048

NET ASSETS

788,754

633,726

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

788,654

633,626

SHAREHOLDERS' FUNDS

788,754

633,726

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 4 September 2025 and were signed on its behalf by:

C I Shaw - Director

T Griep - Director

1.	STATUTORY INFORMATION

Benjamin Moore UK Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 09573012 and the registered office address is 804 Oxford Avenue, Slough, England, SL1 4LN.

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

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.

Going Concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future due to the fact that the company has the continued support of the group. Despite the global economic crisis the group have continued to trade well. The directors have been given assurance that this support will continue for the foreseeable future. Thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer (usually on despatch or retail sale of the goods).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold improvements - Straight line over term of lease

Plant and machinery - Straight line over 7 to 10 years as appropriate

Fixtures and fittings - Straight line over 10 years

Computer equipment - Straight line over 3 years

Tangible fixed assets are stated at cost less accumulated depreciation and any recognised impairment loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement and Retained Earnings, 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.

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.

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 25 (2023 - 19 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

86,408

1,828,144

1,914,552

Additions

9,033

184,784

193,817

At 31 December 2024

95,441

2,012,928

2,108,369

DEPRECIATION

At 1 January 2024

50,471

424,407

474,878

Charge for year

23,311

222,803

246,114

At 31 December 2024

73,782

647,210

720,992

NET BOOK VALUE

At 31 December 2024

21,659

1,365,718

1,387,377

At 31 December 2023

35,937

1,403,737

1,439,674

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

446,012

383,082

Other debtors

248,063

229,708

694,075

612,790

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

97,977

13,934

Amounts owed to group undertakings

2,070,043

1,839,287

Taxation and social security

77,317

36,360

Other creditors

494,235

489,020

2,739,572

2,378,601

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

177,921

225,144

Between one and five years

166,328

344,249

344,249

569,393

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

David Fletcher BA BFP FCA (Senior Statutory Auditor)

for and on behalf of Just Audit Limited

10.	ULTIMATE CONTROLLING PARTY

Benjamin Moore UK Limited is a subsidiary of Berkshire Hathaway Inc.

The parent company of the smallest group that draws up consolidated financial statements which include the results of Benjamin Moore UK Limited is Benjamin Moore & Co; its registered office address is 101 Paragon Drive, Montvale, New Jersey, 076451862, USA.