Benjamin Clowes Limited Accounts

BENJAMIN CLOWES LIMITED - Company Information






Benjamin Clowes Limited

	Company No. 01637991
		Information for Filing with The Registrar
		31 March 2023

The Directors present their report and the accounts for the year ended 31 March 2023.

Principal activities
The principal activity of the company during the year under review was that of providing accountancy and taxation services.




Directors

The Directors who served at any time during the year were as follows:

E.L. Clowes
H.B.B. Clowes






































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

H.B.B. Clowes
Director
05 July 2023

at	31 March 2023
Company No.		01637991	Notes	2023	2022
				£	£
Fixed assets

	Tangible assets		4	3,695	-


				3,695	-
Current assets
	Work in progress		5	14,735	-
	Debtors		6	8,044	5,089

	Cash at bank and in hand			125,751	50,373
				148,530	55,462
Creditors: Amount falling due within one year			7	(50,921)	(39,062)
Net current assets				97,609	16,400
Total assets less current liabilities				101,304	16,400




Net assets				101,304	16,400

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		8	101,204	16,300

Total equity				101,304	16,400



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 March 2023 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 05 July 2023
And signed on its behalf by:
H.B.B. Clowes
Director
05 July 2023

for the year ended 31 March 2023

General information

Its registered number is: 01637991

Its registered office is:

Its trading address is:

Preston Court

Preston-on-Wye

Hereford

HR2 9JU

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

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

Furniture, fittings and equipment

25% Straight line

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other 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.

Defined contribution pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.

The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

3	Employees
			2023	2022
			Number	Number
		The average monthly number of employees (including directors) during the year was:	2	2

4	Tangible fixed assets
			Fixtures, fittings and equipment	Total
			£	£
		Cost or revaluation
		At 1 April 2022	30,754	30,754
		Additions	4,926	4,926


		Disposals	(25,754)	(25,754)
		At 31 March 2023	9,926	9,926
		Depreciation
		At 1 April 2022	30,754	30,754
		Charge for the year	1,231	1,231


		Disposals	(25,754)	(25,754)
		At 31 March 2023	6,231	6,231
		Net book values
		At 31 March 2023	3,695	3,695
		At 31 March 2022	-	-

5	Work in progress
			2023	2022
			£	£

		Work in progress	14,735	-

			14,735	-

6	Debtors
			2023	2022
			£	£
		Trade debtors	4,396	5,076





		Other debtors	-	13
		Prepayments and accrued income	3,648	-
			8,044	5,089

7	Creditors:
		amounts falling due within one year
			2023	2022
			£	£






		Taxes and social security	21,494	18,893
		Loans from directors	27,828	19,086
		Other creditors	1,598	1,084
		Accruals and deferred income	1	(1)
			50,921	39,062

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

9	Dividends
			2023	2022
			£	£
		Dividends for the period:
		Dividends paid in the period	67,500	14,250

			67,500	14,250

		Dividends by type:

		Equity dividends	67,500	14,250
			67,500	14,250