Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-3182990 - Other business support service activities not elsewhere classifiedThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2024-01-01false00falsetrue 13026712 2024-01-01 2024-12-31 13026712 2023-01-01 2023-12-31 13026712 2024-12-31 13026712 2023-12-31 13026712 c:Director1 2024-01-01 2024-12-31 13026712 d:CurrentFinancialInstruments 2024-12-31 13026712 d:CurrentFinancialInstruments 2023-12-31 13026712 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 13026712 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13026712 d:ShareCapital 2024-12-31 13026712 d:ShareCapital 2023-12-31 13026712 d:RetainedEarningsAccumulatedLosses 2024-12-31 13026712 d:RetainedEarningsAccumulatedLosses 2023-12-31 13026712 c:FRS102 2024-01-01 2024-12-31 13026712 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13026712 c:FullAccounts 2024-01-01 2024-12-31 13026712 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13026712 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Company Registration Number:  13026712



















VB BENTON LIMITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
 31 DECEMBER 2024













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VB BENTON LIMITED
REGISTERED NUMBER: 13026712

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
 4 
1,595,771
743,890

Debtors: amounts falling due within one year
 5 
100,632
2,171

Cash at bank and in hand
  
42,799
8,466

  
1,739,202
754,527

Creditors: amounts falling due within one year
 6 
(1,739,808)
(757,834)

Net current liabilities
  
 
 
(606)
 
 
(3,307)

Total assets less current liabilities
  
(606)
(3,307)

  

Net liabilities
  
(606)
(3,307)


Capital and reserves
  

Called up share capital 
  
4
4

Profit and loss account
  
(610)
(3,311)

  
(606)
(3,307)


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 statement of comprehensive income 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 by: 




................................................
M E Mcquaid
Director

Date: 29 September 2025

The notes on pages 3 to 5 form part of these financial statements.
Page 1
 
VB BENTON LIMITED
REGISTERED NUMBER: 13026712

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024


Page 2
 
VB BENTON LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

The company is a private company limited by share capital, incorporated in England. 
The address of its registered office is Dere Street House, Bowburn North Industrial Estate, Bowburn, Durham, DH6 SPF United Kingdom.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


 
2.3

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3
 
VB BENTON LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.6

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees




The average monthly number of employees, including the directors, during the year was as follows:


        2024
        2023
            No.
            No.





0
0


4.


Stocks

2024
2023
£
£

Work in progress
1,595,771
743,890

1,595,771
743,890



5.


Debtors

2024
2023
£
£


Trade debtors
493
-

Prepayments
126
126

Other debtors
100,013
381

Corporation tax repayable
-
1,269

Deferred taxation
-
395

100,632
2,171


Page 4
 
VB BENTON LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
12,106
1,800

Accruals and deferred income
1,050
1,200

Other creditors
1,726,652
754,834

1,739,808
757,834



7.


Related party transactions

Summary of transactions with other related parties 
VB Benton Limited is related to Vestbrown Limited due to its common directors. During the period, Vestbrown Limited provided an interest free loan to VB Benton Limited. At the period end £884,094 (2023: £437,834) was outstanding and included within other creditors. 
VB Benton Limited is related to Dunelm Investments Limited due to its common directors. During the period, Dunelm Investments Limited provided an interest free loan to VB Benton Limited. At the period end £317,000 (2023: £317,000) was outstanding and included within other creditors. 


Page 5