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REGISTERED NUMBER: 11412955 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2021 TO 31 DECEMBER 2022

FOR

EBEN INVESTMENTS LTD

EBEN INVESTMENTS LTD (REGISTERED NUMBER: 11412955)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JULY 2021 TO 31 DECEMBER 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


EBEN INVESTMENTS LTD

COMPANY INFORMATION
FOR THE PERIOD 1 JULY 2021 TO 31 DECEMBER 2022







DIRECTORS: S Low
O Low





REGISTERED OFFICE: Unit 1 Hawthorn Business Park
165 Granville Road
London
NW2 2AZ





REGISTERED NUMBER: 11412955 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

EBEN INVESTMENTS LTD (REGISTERED NUMBER: 11412955)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2022

31.12.22 30.6.21
Notes £    £   
FIXED ASSETS
Investment property 5 997,076 997,076

CURRENT ASSETS
Debtors 6 198,432 192,613
Cash at bank 35,673 12,909
234,105 205,522
CREDITORS
Amounts falling due within one year 7 (479,918 ) (473,957 )
NET CURRENT LIABILITIES (245,813 ) (268,435 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

751,263

728,641

CREDITORS
Amounts falling due after more than one
year

8

(539,196

)

(567,424

)
NET ASSETS 212,067 161,217

CAPITAL AND RESERVES
Called up share capital 11 28 28
Retained earnings 12 212,039 161,189
SHAREHOLDERS' FUNDS 212,067 161,217

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2022 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.

EBEN INVESTMENTS LTD (REGISTERED NUMBER: 11412955)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2022


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 and authorised for issue by the Board of Directors and authorised for issue on 27 September 2023 and were signed on its behalf by:





S Low - Director


EBEN INVESTMENTS LTD (REGISTERED NUMBER: 11412955)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JULY 2021 TO 31 DECEMBER 2022

1. STATUTORY INFORMATION

Eben Investments 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. 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.

Turnover represents net rent receivable, excluding value added tax.

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 period 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 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2021 - 1 ) .

EBEN INVESTMENTS LTD (REGISTERED NUMBER: 11412955)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JULY 2021 TO 31 DECEMBER 2022

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2021
and 31 December 2022 997,076
NET BOOK VALUE
At 31 December 2022 997,076
At 30 June 2021 997,076

The fair value of investment property was assessed to be unchanged by the director. The fair value was determined using open market valuation method. The director does not have a formal qualification but considerable experience in property market to ascertain the fair value with sufficient level of confidence.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 30.6.21
£    £   
Trade debtors 734 1,000
Other debtors 197,698 191,613
198,432 192,613

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 30.6.21
£    £   
Trade creditors 1,795 1
Taxation and social security 22,204 37,815
Other creditors 455,919 436,141
479,918 473,957

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.22 30.6.21
£    £   
Bank loans (see note 9) 519,550 539,163
Other creditors 19,646 28,261
539,196 567,424

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 511,665 511,665

Repayable by instalments
Bank loans more 5 yr by instal 7,885 27,498
Other loans more 5yrs instal - 28,261
7,885 55,759

EBEN INVESTMENTS LTD (REGISTERED NUMBER: 11412955)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JULY 2021 TO 31 DECEMBER 2022

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued

Other creditors include Bounceback loan of £19,646 [30.06.2021 - £28,261]. The loan is unsecured, interest free for the first year, then capped at 2.5% and guaranteed by HM Government.

9. LOANS

An analysis of the maturity of loans is given below:

31.12.22 30.6.21
£    £   
Amounts falling due between two and five years:
Other loans - 2-5 years 19,646 -

Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 511,665 511,665

Repayable by instalments
Bank loans more 5 yr by instal 7,885 27,498
Other loans more 5yrs instal - 28,261
7,885 55,759

10. SECURED DEBTS

The following secured debts are included within creditors:

31.12.22 30.6.21
£    £   
Bank loans 519,550 539,163

Bank loan is secured by the ways of first charge over the company's investment properties.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.22 30.6.21
value: £    £   
28 Ordinary £1 28 28

12. RESERVES
Retained
earnings
£   

At 1 July 2021 161,189
Profit for the period 50,850
At 31 December 2022 212,039