08907525 false Antique Clock Dealers 2024-02-29 2025-02-28 http://www.companieshouse.gov.uk/2024-02-28 http://www.companieshouse.gov.uk/pt:PlantMachinery 2024-02-28 http://www.companieshouse.gov.uk/cd:Director1 2024-02-29 2025-02-28 http://www.companieshouse.gov.uk/pt:ShareCapital 2024-02-28 http://www.companieshouse.gov.uk/pt:PlantMachinery 2025-02-28 http://www.companieshouse.gov.uk/pt:ShareCapital 2025-02-28 http://www.companieshouse.gov.uk/pt:FurnitureFittings 2024-02-28 http://www.companieshouse.gov.uk/pt:ToolsEquipment 2024-02-28 http://www.companieshouse.gov.uk/pt:FurnitureFittings 2025-02-28 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass1 2024-02-29 2025-02-28 http://www.companieshouse.gov.uk/pt:ToolsEquipment 2025-02-28 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass2 2024-02-29 2025-02-28 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass3 2024-02-29 2025-02-28 http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport 2024-02-29 2025-02-28 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2025-02-28 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2024-02-28 http://www.companieshouse.gov.uk/2024-02-29 2025-02-28 http://www.companieshouse.gov.uk/2024-02-28 http://www.companieshouse.gov.uk/cd:FRS102 2024-02-29 2025-02-28 http://www.companieshouse.gov.uk/2025-02-28 http://www.companieshouse.gov.uk/cd:FullAccounts 2024-02-29 2025-02-28 http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 08907525
Ben Wright Limited
ACCOUNTS
FOR THE YEAR ENDED 28/02/2025
Prepared By:
Delrose Consulting Ltd
Chartered Management Accountants
Wittas House
Two Rivers
Station Lane
Witney
OX28 4BH

Ben Wright Limited

BALANCE SHEET AT 28/02/2025
|  |  |  |  |  | 2025 |  |  |  | 2024
|  | Notes |  |  |  | £ |  |  |  | £
FIXED ASSETS |  |  |  |  |  |  |  |  |  |
Tangible assets |  | 2 |  |  |  | 31,871 |  |  |  | 32,308
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Stock |  |  |  | 587,201 |  |  |  | 442,490 |  |
Debtors |  | 4 |  | 5,923 |  |  |  | 5,353 |  |
Cash at bank and in hand |  |  |  | 62,584 |  |  |  | 286,290 |  |
|  |  |  | 655,708 |  |  |  | 734,133 |  |
CREDITORS: Amounts falling due within one year |  | 5 |  | 39,116 |  |  |  | 108,012 |  |
NET CURRENT ASSETS |  |  |  |  |  | 616,592 |  |  |  | 626,121
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  |  |  |  | 648,463 |  |  |  | 658,429
PROVISIONS FOR LIABILITIES AND CHARGES |  | 7 |  |  |  | 2,594 |  |  |  | 2,226
NET ASSETS |  |  |  |  |  | 645,869 |  |  |  | 656,203
CAPITAL AND RESERVES |  |  |  |  |  |  |  |  |  |
Called up share capital |  | 8 |  |  |  | 300 |  |  |  | 300
Profit and loss account |  |  |  |  |  | 645,569 |  |  |  | 655,903
SHAREHOLDERS' FUNDS |  |  |  |  |  | 645,869 |  |  |  | 656,203
For the year ending 28/02/2025 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 10/07/2025 and signed on their behalf by |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
B P WRIGHT |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |

Ben Wright Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28/02/2025

1. ACCOUNTING POLICIES

1a. Depreciation |  |
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Short Leasehold Properties |  | straight line 5%
Plant and Machinery |  | reducing balance 25%
Fixtures and Fittings |  | reducing balance 25%
Equipment |  | reducing balance 25%

1b. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

1c. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.

1d. Basis Of Accounting FRS 1021 a
These financial statements have been prepared in accordance with the provisions of Section 1A 'Small Entities' of Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The Financial Statements have been prepared under the historical cost convention.

Ben Wright Limited

2. TANGIBLE FIXED ASSETS |  |  |  |  |  |  |  |  |  |
|  | Short Leasehold |  | Plant and |  | Fixtures |  |  |  |
|  | Properties |  | Machinery |  | and Fittings |  | Equipment |  | Total
|  | £ |  | £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |  |  |  |
At 29/02/2024 |  | 20,591 |  | 8,026 |  | 80,198 |  | 21,329 |  | 130,144
Additions |  | - |  | - |  | 9,382 |  | - |  | 9,382
At 28/02/2025 |  | 20,591 |  | 8,026 |  | 89,580 |  | 21,329 |  | 139,526
Depreciation |  |  |  |  |  |  |  |  |  |
At 29/02/2024 |  | 10,290 |  | 7,056 |  | 61,234 |  | 19,256 |  | 97,836
For the year |  | 1,029 |  | 241 |  | 7,068 |  | 1,481 |  | 9,819
At 28/02/2025 |  | 11,319 |  | 7,297 |  | 68,302 |  | 20,737 |  | 107,655
Net Book Amounts |  |  |  |  |  |  |  |  |  |
At 28/02/2025 |  | 9,272 |  | 729 |  | 21,278 |  | 592 |  | 31,871
At 28/02/2024 |  | 10,301 |  | 970 |  | 18,964 |  | 2,073 |  | 32,308

3. STOCK |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Stock comprises: |  |  |  |  |  |
Stock |  |  |  | 587,201 |  | 442,490
|  |  |  | 587,201 |  | 442,490

4. DEBTORS |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Amounts falling due within one year |  |  |  |  |  |
VAT |  |  |  | 1,699 |  | -
PAYE control |  |  |  | 22 |  | 22
Prepayments |  |  |  | 4,171 |  | 5,331
|  |  |  | 5,892 |  | 5,353

Ben Wright Limited

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
VAT |  |  |  | - |  | 2,346
Directors current account |  |  |  | 146 |  | 19,102
Credit card |  |  |  | - |  | 414
Trade creditors |  |  |  | 1,065 |  | 4,938
Other creditors |  |  |  | 34,576 |  | 72,452
Accruals |  |  |  | 3,329 |  | 8,760
|  |  |  | 39,116 |  | 108,012

6. EMPLOYEES |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | No. |  | No.
Average number of employees |  |  |  | 2 |  | 2

7. PROVISIONS FOR LIABILITIES |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Deferred taxation |  |  |  | 2,594 |  | 2,226
|  |  |  | 2,594 |  | 2,226

8. SHARE CAPITAL |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Allotted, issued and fully paid: |  |  |  |  |  |
285 A Ordinary shares of £1 each |  |  |  | 285 |  | 285
12 B Ordinary shares of £1 each |  |  |  | 12 |  | 12
3 C Ordinary shares of £1 each |  |  |  | 3 |  | 3
|  |  |  | 300 |  | 300