Ben Mace Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09837898

Unaudited Financial Statements

for the Period 1 April 2024 to 31 July 2025

for

Ben Mace Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

B T Mace

Mrs H N B Mace

REGISTERED OFFICE:

Oakley House

Tetbury Road

Cirencester

Glos

GL7 1US

REGISTERED NUMBER:

09837898

FIXED ASSETS

Intangible assets

5

-

1,000

Tangible assets

6

2,672

3,814

2,672

4,814

CURRENT ASSETS

Stocks

-

1,073

Debtors

7

17,179

13,502

Cash at bank

1,555

21,100

18,734

35,675

CREDITORS

Amounts falling due within one year

8

18,855

8,580

NET CURRENT (LIABILITIES)/ASSETS

(121

)

27,095

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,551

31,909

PROVISIONS FOR LIABILITIES

319

726

NET ASSETS

2,232

31,183

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

2,132

31,083

2,232

31,183

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 January 2026 and were signed on its behalf by:

Mrs H N B Mace - Director

B T Mace - Director

1.	GENERAL INFORMATION

Ben Mace Ltd is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2024 - 2 ).

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 July 2025

10,000

AMORTISATION

At 1 April 2024

9,000

Amortisation for period

1,000

At 31 July 2025

10,000

NET BOOK VALUE

At 31 July 2025

-

At 31 March 2024

1,000

6.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1 April 2024

and 31 July 2025

3,857

17,442

1,725

23,024

DEPRECIATION

At 1 April 2024

2,854

15,114

1,242

19,210

Charge for period

269

776

97

1,142

At 31 July 2025

3,123

15,890

1,339

20,352

NET BOOK VALUE

At 31 July 2025

734

1,552

386

2,672

At 31 March 2024

1,003

2,328

483

3,814

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other debtors

16,993

12,789

VAT

186

713

17,179

13,502

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

121

Tax

9,045

5,744

Social security and other taxes

-

1,390

Directors' current accounts

8,189

250

Accruals and deferred income

1,500

1,075

18,855

8,580

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 July 2025 and the year ended 31 March 2024:

2025

2024

£

B T Mace

Balance outstanding at start of period

(125

)

(1,154

)

Amounts advanced

(3,970

)

1,029

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

(4,095

)

(125

)

Mrs H N B Mace

Balance outstanding at start of period

(125

)

(1,154

)

Amounts advanced

(3,969

)

1,029

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

(4,094

)

(125

)