REGISTERED NUMBER: 03587273 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

John C Benjamin Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J C Benjamin

Mrs P A R Benjamin

REGISTERED OFFICE:

7 Merlin Courtyard

Gatehouse Close

Aylesbury

Buckinghamshire

HP19 8DP

REGISTERED NUMBER:

03587273 (England and Wales)

ACCOUNTANTS:

Danton Partners

7 Merlin Courtyard

Gatehouse Close

Aylesbury

Buckinghamshire

HP19 8DP

FIXED ASSETS

Tangible assets

4

255

264

CURRENT ASSETS

Stocks

70,715

71,264

Debtors

5

98,840

103,700

Cash at bank

199,003

193,968

368,558

368,932

CREDITORS

Amounts falling due within one year

6

10,998

4,718

NET CURRENT ASSETS

357,560

364,214

TOTAL ASSETS LESS CURRENT LIABILITIES

357,815

364,478

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

357,715

364,378

SHAREHOLDERS' FUNDS

357,815

364,478

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 27 September 2025 and were signed on its behalf by:

J C Benjamin - Director

Mrs P A R Benjamin - Director

1.	STATUTORY INFORMATION

John C Benjamin 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.

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.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and at varying rates on cost

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 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 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 defined contribution pension plans for its employees. A defined contribution plan is a pension plan under which the company pays contributions into a separate entity and has no further payment obligations.

Contributions are charged to profit or loss in the period in which they are made. The assets of the plans are held separately from the company in independently administered funds.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

3,057

DEPRECIATION

At 1 January 2024

2,793

Charge for year

9

At 31 December 2024

2,802

NET BOOK VALUE

At 31 December 2024

255

At 31 December 2023

264

5.

DEBTORS

31.12.24

31.12.23

£

£

Amounts falling due within one year:

Trade debtors

3,326

-

Other debtors

75,608

83,794

78,934

83,794

Amounts falling due after more than one year:

Other debtors

19,906

19,906

Aggregate amounts

98,840

103,700

S455 tax paid in respect of the directors loan will only be refunded after the loan to which it relates is repaid.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Taxation and social security

7,428

1,524

Other creditors

3,570

3,194

10,998

4,718

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1 January 2024

364,378

Profit for the year

27,837

Dividends

(34,500

)

At 31 December 2024

357,715

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

J C Benjamin and Mrs P A R Benjamin

Balance outstanding at start of year

75,486

75,549

Amounts advanced

1,676

1,862

Amounts repaid

(2,000

)

(1,925

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

75,162

75,486

There are no fixed terms for repayment of these loans. Interest is charged at HMRC official rates. Interest charged for the year was £1,676 (2023 - £1,634).

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are the directors, J C Benjamin and Mrs P A R Benjamin, who each own 44% of the issued share capital.