Benjamin Allen Bespoke Homes Ltd - Accounts to registrar (filleted) - small 18.2

Benjamin Allen Bespoke Homes Ltd - Accounts to registrar (filleted) - small 18.2

BENJAMIN ALLEN BESPOKE HOMES LTD - Company Information

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REGISTERED NUMBER: 09442860 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2021

FOR

BENJAMIN ALLEN BESPOKE HOMES LTD
BENJAMIN ALLEN BESPOKE HOMES LTD (REGISTERED NUMBER: 09442860)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2021










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BENJAMIN ALLEN BESPOKE HOMES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2021







DIRECTORS: M V Dawson
A R Dawson
S R A Dawson
B R Dawson
R E Dawson





REGISTERED OFFICE: Devonshire House
High Street
Handcross
Haywards Heath
West Sussex
RH17 6BJ





REGISTERED NUMBER: 09442860 (England and Wales)





ACCOUNTANTS: Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE
Page 1
BENJAMIN ALLEN BESPOKE HOMES LTD (REGISTERED NUMBER: 09442860)

BALANCE SHEET
28 FEBRUARY 2021

2021 2020
as restated
Notes £    £    £    £   
FIXED ASSETS
Investments 4 100 100
Investment property 5 400,000 400,000
400,100 400,100

CURRENT ASSETS
Debtors 6 17,997 21,598
Cash at bank and in hand 209 4,309
18,206 25,907
CREDITORS
Amounts falling due within one year 7 18,212 18,481
NET CURRENT (LIABILITIES)/ASSETS (6 ) 7,426
TOTAL ASSETS LESS CURRENT
LIABILITIES
400,094
407,526

CREDITORS
Amounts falling due after more than one
year
8
(205,197
)
(219,325
)

PROVISIONS FOR LIABILITIES (2,559 ) (2,559 )
NET ASSETS 192,338 185,642

CAPITAL AND RESERVES
Called up share capital 50 50
Revaluation reserve 10,907 10,907
Retained earnings 181,381 174,685
SHAREHOLDERS' FUNDS 192,338 185,642

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2021 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 notes form part of these financial statements

Page 2 continued...
BENJAMIN ALLEN BESPOKE HOMES LTD (REGISTERED NUMBER: 09442860)

BALANCE SHEET - continued
28 FEBRUARY 2021


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 August 2021 and were signed on its behalf by:





M V Dawson - Director


The notes form part of these financial statements

Page 3
BENJAMIN ALLEN BESPOKE HOMES LTD (REGISTERED NUMBER: 09442860)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2021


1. STATUTORY INFORMATION

Benjamin Allen Bespoke Homes Ltd is a private company, limited by shares , registered in England and Wales. 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. ACCOUNTING POLICIES

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

Preparation of consolidated financial statements
The financial statements contain information about Benjamin Allen Bespoke Homes Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

Going concern
The directors do not anticipate that the recent Covid-19 outbreak will affect the company's ability to continue for the foreseeable future, given the avenues of support that are available. The company continues to adopt the going concern basis when preparing its financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

Page 4 continued...
BENJAMIN ALLEN BESPOKE HOMES LTD (REGISTERED NUMBER: 09442860)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2021


4. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 March 2020
and 28 February 2021 100
NET BOOK VALUE
At 28 February 2021 100
At 29 February 2020 100

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2020
and 28 February 2021 400,000
NET BOOK VALUE
At 28 February 2021 400,000
At 29 February 2020 400,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
as restated
£    £   
Amounts owed by group undertakings 17,997 21,598

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
as restated
£    £   
Bank loans and overdrafts 14,128 13,498
Amounts owed to group undertakings 920 920
Taxation and social security 1,571 2,365
Other creditors 1,593 1,698
18,212 18,481

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2021 2020
as restated
£    £   
Bank loans 205,197 219,325

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 141,267 158,387

Page 5 continued...
BENJAMIN ALLEN BESPOKE HOMES LTD (REGISTERED NUMBER: 09442860)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2021


9. SECURED DEBTS

The following secured debts are included within creditors:

2021 2020
as restated
£    £   
Bank loans 219,325 232,823

The bank loan is secured over the investment property.

Page 6