ACCOUNTS - Final Accounts

Company Registration No. 09777346 (England and Wales)

DANZ BENZ LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

Riordan O'Sullivan & Co

Chartered Certified Accountants

40 Chamberlayne Road

London

NW10 3JE


DANZ BENZ LTD REGISTERED NUMBER:09777346

BALANCE SHEET

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£


Current assets
Stocks		96,350		657,533
Debtors	5	1,159		43,401
Cash at bank and in hand		4,427		18,376
		101,936		719,310
Creditors: amounts falling due within one year	6	(91,640)		(899,482)
Net current assets/(liabilities)			10,296		(180,172)
Total assets less current liabilities			10,296		(180,172)

Net assets/(liabilities)			10,296		(180,172)

Capital and reserves
Called up share capital	7	100	100
Profit and loss account		10,196	(180,272)
		10,296	(180,172)

The directors consider 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 directors acknowledge their 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 profit and loss account 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 24 June 2025.

___________________________

Daniel Arthur Lucas

Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1


DANZ BENZ LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Danz Benz Ltd is a private company, limited by shares, registered in England and Wales. The registered office is 11 Invicta Business Park, London Road, Wrotham, Kent, TN15 7RJ.

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.

The financial statements are prepared in sterling, which is the functional currency of the company.

The following principal accounting policies have been applied:

2.2

Going concern

The accounts have been prepared on a going concern basis, with the directors and related companies having confirmed their continued financial support.

2.3

Turnover

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

2.4

Hire purchase and leasing commitnents

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Page 2


DANZ BENZ LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.5

Current and deferred taxation

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to th extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

2.6

Stocks

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

Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 4).

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DANZ BENZ LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

4.	Intangible assets

		Website
		£
	Cost
	At 1 January 2024	20,160
	At 31 December 2024	20,160
	Amortisation
	At 1 January 2024	20,160
	At 31 December 2024	20,160
	Net book value
	At 31 December 2024	-
	At 31 December 2023	-

Debtors

					2024	2023
					£	£


Other debtors	1,159	5,857
Deferred taxation	-	37,544
	1,159	43,401

Page 4


DANZ BENZ LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

6.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Bank loans	-	360,493
Trade creditors	19,000	11,400
Amounts owed to associates	20,000	505,861
Other creditors	51,840	14,595
Accruals and deferred income	800	7,133
	91,640	899,482

Amounts owed to associates are unsecured, interest free and payable on demand.

7.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

100 (2023 - 100) Ordinary shares of £1.00 each	100	100

8.	Post balance sheet events

There were no events since the year end which materially affected the company.

Page 5