REGISTERED NUMBER: 01410130 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Naylor Benzon & Co. Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P B Hay

Mrs R D Hay

SECRETARY:

Mrs R D Hay

REGISTERED OFFICE:

Plummer

TENTERDEN

Kent

TN30 6TU

REGISTERED NUMBER:

01410130 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Bank Chambers

61 High Street

Cranbrook

Kent

TN17 3EG

FIXED ASSETS

Tangible assets

4

393

690

Investments

5

1,000

1,000

1,393

1,690

CURRENT ASSETS

Debtors

6

-

712

Investments

7

33,000

53,285

Cash at bank

7,014

3,343

40,014

57,340

CREDITORS

Amounts falling due within one year

8

21,756

25,256

NET CURRENT ASSETS

18,258

32,084

TOTAL ASSETS LESS CURRENT LIABILITIES

19,651

33,774

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

9

9,651

23,774

SHAREHOLDERS' FUNDS

19,651

33,774

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

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

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 25 September 2025 and were signed on its behalf by:

P B Hay - Director

1.	STATUTORY INFORMATION

Naylor Benzon & Co. Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

The company has not prepared consolidated accounts, including its subsidiary undertaking, British & European Sales Limited, on the basis that it is a small group and therefore exempt from this requirement.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

25% on cost

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Current asset investments

The company has holdings in listed investments held for trading purposes. With the adoption of FRS102 Section 1A, the investments are recorded at market value. The movement in market value in the year is reflected in the income statement. The profit/loss on disposal against cost is reflected in turnover in the income statement.

Going concern basis

The accounts have been prepared on a going concern basis as the directors will not seek repayment of their loan unless the company can meet its liabilities as they fall due.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 January 2024

8,331

Additions

169

At 31 December 2024

8,500

DEPRECIATION

At 1 January 2024

7,641

Charge for year

466

At 31 December 2024

8,107

NET BOOK VALUE

At 31 December 2024

393

At 31 December 2023

690

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2024

and 31 December 2024

1,000

NET BOOK VALUE

At 31 December 2024

1,000

At 31 December 2023

1,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

-

712

7.	CURRENT ASSET INVESTMENTS

The cost of the traded investments at 31 December 2024 was £13,200 (2023: £21,904). The market value of the traded investments at 31 December 2024 was £33,000 (2023: £88,285).

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

99

50

Taxation and social security

77

-

Other creditors

21,580

25,206

21,756

25,256

9.

RESERVES

Retained

earnings

£

At 1 January 2024

23,774

Deficit for the year

(10,323

)

Dividends

(3,800

)

At 31 December 2024

9,651

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by its directors, Mr & Mrs Hay, who own 100% of the share capital.