Company Registration No. 06477312 (England and Wales)
BENSON VENTURES LIMITED
Unaudited accounts
for the year ended 31 January 2019
BENSON VENTURES LIMITED
Unaudited accounts
Contents
BENSON VENTURES LIMITED
Company Information
for the year ended 31 January 2019
Company Number
06477312 (England and Wales)
Registered Office
24 NORTH ROW BUILDINGS
NORTH ROW
LONDON
W1K 7DG
UNITED KINGDOM
BENSON VENTURES LIMITED
Statement of financial position
as at 31 January 2019
Tangible assets
10,499
13,999
Cash at bank and in hand
1,240
9,474
Creditors: amounts falling due within one year
(13,872)
(1,700)
Net current assets
4,853
9,424
Called up share capital
100
100
Profit and loss account
15,252
23,323
Shareholders' funds
15,352
23,423
For the year ending 31 January 2019 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.
Approved by the Board on 29 October 2019.
Imrich Vasil
Director
Company Registration No. 06477312
BENSON VENTURES LIMITED
Notes to the Accounts
for the year ended 31 January 2019
BENSON VENTURES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06477312. The registered office is 24 NORTH ROW BUILDINGS, NORTH ROW, LONDON, W1K 7DG, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
BENSON VENTURES LIMITED
Notes to the Accounts
for the year ended 31 January 2019
4
Tangible fixed assets
Plant & machinery
Trade debtors
13,263
1,650
6
Creditors: amounts falling due within one year
2019
2018
Trade creditors
13,872
955
Taxes and social security
-
95
7
Average number of employees
During the year the average number of employees was 0 (2018: 1).
