08907525falseAntique Clock Dealers2024-02-292025-02-28http://www.companieshouse.gov.uk/2024-02-28http://www.companieshouse.gov.uk/pt:PlantMachinery2024-02-28http://www.companieshouse.gov.uk/cd:Director12024-02-292025-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2024-02-28http://www.companieshouse.gov.uk/pt:PlantMachinery2025-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2025-02-28http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-02-28http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-02-28http://www.companieshouse.gov.uk/pt:FurnitureFittings2025-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-02-292025-02-28http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22024-02-292025-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32024-02-292025-02-28http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-02-292025-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-02-28http://www.companieshouse.gov.uk/2024-02-292025-02-28http://www.companieshouse.gov.uk/2024-02-28http://www.companieshouse.gov.uk/cd:FRS1022024-02-292025-02-28http://www.companieshouse.gov.uk/2025-02-28http://www.companieshouse.gov.uk/cd:FullAccounts2024-02-292025-02-28http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-02-292025-02-28iso4217:GBPxbrli:sharesxbrli: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
20252024
Notes££
FIXED ASSETS
Tangible assets231,87132,308
CURRENT ASSETS
Stock587,201442,490
Debtors45,9235,353
Cash at bank and in hand62,584286,290
655,708734,133
CREDITORS: Amounts falling due within one year539,116108,012
NET CURRENT ASSETS616,592626,121
TOTAL ASSETS LESS CURRENT LIABILITIES648,463658,429
PROVISIONS FOR LIABILITIES AND CHARGES72,5942,226
NET ASSETS645,869656,203
CAPITAL AND RESERVES
Called up share capital8300300
Profit and loss account645,569655,903
SHAREHOLDERS' FUNDS645,869656,203
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 Propertiesstraight line 5%
Plant and Machineryreducing balance 25%
Fixtures and Fittingsreducing balance 25%
Equipmentreducing 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 LeaseholdPlant andFixtures
PropertiesMachineryand FittingsEquipmentTotal
£££££
Cost
At 29/02/202420,5918,02680,19821,329130,144
Additions--9,382-9,382
At 28/02/202520,5918,02689,58021,329139,526
Depreciation
At 29/02/202410,2907,05661,23419,25697,836
For the year1,0292417,0681,4819,819
At 28/02/202511,3197,29768,30220,737107,655
Net Book Amounts
At 28/02/20259,27272921,27859231,871
At 28/02/202410,30197018,9642,07332,308
3. STOCK 20252024
££
Stock comprises:
Stock587,201442,490
587,201442,490
4. DEBTORS 20252024
££
Amounts falling due within one year
VAT1,699-
PAYE control2222
Prepayments4,1715,331
5,8925,353
Ben Wright Limited
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
VAT-2,346
Directors current account14619,102
Credit card-414
Trade creditors1,0654,938
Other creditors34,57672,452
Accruals3,3298,760
39,116108,012
6. EMPLOYEES
20252024
No.No.
Average number of employees22
7. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation2,5942,226
2,5942,226
8. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
285 A Ordinary shares of £1 each285285
12 B Ordinary shares of £1 each1212
3 C Ordinary shares of £1 each33
300300