Company Registration No. 08200809 (England and Wales)
Benson & Company Ltd
Unaudited accounts
for the year ended 31 December 2017
Benson & Company Ltd
Unaudited accounts
Contents
Benson & Company Ltd
Company Information
for the year ended 31 December 2017
Company Number
08200809 (England and Wales)
Registered Office
20-22 WENLOCK ROAD
LONDON
N1 7GU
ENGLAND
Accountants
First Call Accounting Ltd
1st Floor Audit House
151 High Street
Billericay
Essex
CM12 9AB
Benson & Company Ltd
Statement of financial position
as at
31 December 2017
Cash at bank and in hand
1,382
8,120
Creditors: amounts falling due within one year
(71,033)
(75,228)
Net current liabilities
(62,170)
(59,627)
Total assets less current liabilities
(62,170)
(59,486)
Provisions for liabilities
Net liabilities
(62,170)
(59,514)
Called up share capital
100
100
Profit and loss account
(62,270)
(59,614)
Shareholders' funds
(62,170)
(59,514)
For the year ending 31 December 2017 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 31 October 2018.
Ben Benson
Director
Company Registration No. 08200809
Benson & Company Ltd
Notes to the Accounts
for the year ended 31 December 2017
Benson & Company Ltd is a private company, limited by shares, registered in England and Wales, registration number 08200809. The registered office is 20-22 WENLOCK ROAD, LONDON, N1 7GU, ENGLAND.
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.
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:
Plant & machinery
33% straight line
Although there is a deficiency of assets in the Balance Sheet, there is sufficient funding available, in the director's opinion, to finance ongoing operations, and accordingly the going concern basis is applicable.
Benson & Company Ltd
Notes to the Accounts
for the year ended 31 December 2017
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
Finished goods
7,481
7,481
6
Creditors: amounts falling due within one year
2017
2016
Trade creditors
870
2,350
Taxes and social security
4
829
Other creditors
1,420
1,646
Loans from directors
67,539
69,203
Other creditors includes the balance owed to the Director of £67,539 (2016 £69,203). There are no repayment plans and no interest charged.
7
Average number of employees
During the year the average number of employees was 1 (2016: 1).