1 April 2024 false No description of principal activity Taxfiler 2024.6 7562359 business:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 7562359 2024-03-31 7562359 2024-04-01 2025-03-31 7562359 business:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 7562359 business:FilletedAccounts 2024-04-01 2025-03-31 7562359 2025-03-31 7562359 business:Director1 2024-04-01 2025-03-31 7562359 business:RegisteredOffice 2024-04-01 2025-03-31 7562359 2024-03-31 7562359 core:WithinOneYear 2025-03-31 7562359 core:WithinOneYear 2024-03-31 7562359 core:AfterOneYear 2025-03-31 7562359 core:AfterOneYear 2024-03-31 7562359 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 7562359 core:ShareCapital core:PreviouslyStatedAmount 2024-03-31 7562359 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 7562359 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-03-31 7562359 core:PreviouslyStatedAmount 2025-03-31 7562359 core:PreviouslyStatedAmount 2024-03-31 7562359 business:SmallEntities 2024-04-01 2025-03-31 7562359 countries:EnglandWales 2024-04-01 2025-03-31 7562359 core:PlantMachinery 2024-04-01 2025-03-31 7562359 core:PlantMachinery 2024-03-31 7562359 core:MotorVehicles 2024-03-31 7562359 core:PlantMachinery 2025-03-31 7562359 core:MotorVehicles 2025-03-31 7562359 core:MotorVehicles 2024-04-01 2025-03-31 7562359 business:OrdinaryShareClass1 2024-04-01 2025-03-31 7562359 business:OrdinaryShareClass1 2023-04-01 2024-03-31 7562359 2023-04-01 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 7562359 (England and Wales)
Ben Banayo Ltd Unaudited accounts for the year ended 31 March 2025
Ben Banayo Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Ben Banayo Ltd Company Information for the year ended 31 March 2025
Director
Benjamin Banayo
Company Number
7562359 (England and Wales)
Registered Office
69 BARMOUTH AVENUE PERIVALE GREENFORD MIDDLESEX UB6 8JU
Accountants
David Meyer FCCA 2 Downage London NW4 1AA
- 3 -
Ben Banayo Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
13,583
18,110
Current assets
Debtors
5
22,486
10,031
Cash at bank and in hand
25,571
16,747
48,057
26,778
Creditors: amounts falling due within one year
6
(24,610)
(1)
Net current assets
23,447
26,777
Total assets less current liabilities
37,030
44,887
Creditors: amounts falling due after more than one year
7
(36,699)
(44,798)
Net assets
331
89
Capital and reserves
Called up share capital
8
1
1
Profit and loss account
330
88
Shareholders' funds
331
89
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 October 2025 and were signed on its behalf by
Benjamin Banayo Director Company Registration No. 7562359
- 4 -
Ben Banayo Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Ben Banayo Ltd is a private company, limited by shares, registered in England and Wales, registration number 7562359. The registered office is 69 BARMOUTH AVENUE, PERIVALE, GREENFORD, MIDDLESEX, UB6 8JU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
18,755
19,020
37,775
At 31 March 2025
18,755
19,020
37,775
Depreciation
At 1 April 2024
8,669
10,996
19,665
Charge for the year
2,521
2,006
4,527
At 31 March 2025
11,190
13,002
24,192
Net book value
At 31 March 2025
7,565
6,018
13,583
At 31 March 2024
10,086
8,024
18,110
- 5 -
Ben Banayo Ltd Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
13,433
2,088
Trade debtors
3,265
1,767
Other debtors
5,788
6,176
22,486
10,031
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
18,436
-
Taxes and social security
6,174
1
24,610
1
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
32,191
37,293
Obligations under finance leases and hire purchase contracts
4,508
7,505
36,699
44,798
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -