Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31falseNo description of principal activitytrue2022-05-194falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14117845 2022-05-19 2022-12-31 14117845 2021-05-19 2022-05-18 14117845 2022-12-31 14117845 2022-05-18 14117845 c:Director4 2022-05-19 2022-12-31 14117845 d:CurrentFinancialInstruments 2022-12-31 14117845 d:CurrentFinancialInstruments 2022-05-18 14117845 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 14117845 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-18 14117845 d:ShareCapital 2022-12-31 14117845 d:ShareCapital 2022-05-18 14117845 d:SharePremium 2022-12-31 14117845 d:SharePremium 2022-05-18 14117845 d:RetainedEarningsAccumulatedLosses 2022-12-31 14117845 d:RetainedEarningsAccumulatedLosses 2022-05-18 14117845 c:EntityHasNeverTraded 2022-05-19 2022-12-31 14117845 c:FRS102 2022-05-19 2022-12-31 14117845 c:AuditExempt-NoAccountantsReport 2022-05-19 2022-12-31 14117845 c:FullAccounts 2022-05-19 2022-12-31 14117845 c:PrivateLimitedCompanyLtd 2022-05-19 2022-12-31 14117845 6 2022-05-19 2022-12-31 iso4217:GBP xbrli:pure

Registered number: 14117845









BENNING ESTATES HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2022

 
BENNING ESTATES HOLDINGS LIMITED
REGISTERED NUMBER: 14117845

BALANCE SHEET
AS AT 31 DECEMBER 2022

2022
2022
Note
£
£

Fixed assets
  

Investments
 3 
1
-

  
1
-

Current assets
  

Debtors: amounts falling due within one year
 4 
1,486,349
-

  
1,486,349
-

Creditors: amounts falling due within one year
  
(125,850)
-

Net current assets
  
 
 
1,360,499
 
 
-

Total assets less current liabilities
  
1,360,500
-

  

Net assets
  
1,360,500
-


Capital and reserves
  

Called up share capital 
  
660,000
-

Share premium account
  
693,000
-

Profit and loss account
  
7,500
-

  
1,360,500
-


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question 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 financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 March 2024.

Page 1

 
BENNING ESTATES HOLDINGS LIMITED
REGISTERED NUMBER: 14117845
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2022




S Benning
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
BENNING ESTATES HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

1.


General information

Benning Estate Holdings Limited is a private company limited by shares, incorporated in England and Wales, registration number 14117845. The registered office is Hawke House, Old Station Road, Loughton, Essex, IG10 4PL. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and Loss Account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.3

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

 
2.4

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.

 
2.5

Financial instruments

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Page 3

 
BENNING ESTATES HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

2.Accounting policies (continued)


2.5
Financial instruments (continued)

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting date. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Other financial instruments

Derivatives, including forward exchange contracts, futures contracts and interest rate swaps, are not classified as basic financial instruments. These are initially recognised at fair value on the date the derivative contract is entered into, with costs being charged to the profit or loss. They are subsequently measured at fair value with changes in the profit or loss.

Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss. This recognition and measurement would also apply to financial instruments where the performance is evaluated on a fair value basis as with a documented risk management or investment strategy.

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Page 4

 
BENNING ESTATES HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

3.


Fixed asset investments





Investments in associates

£



Cost or valuation


Additions
2,029,499


Disposals
(2,038,249)


Revaluations
8,751



At 31 December 2022
1





4.


Debtors

2022
2022
£
£


Amounts owed by group undertakings
1,486,349
-

1,486,349
-



5.


Creditors: Amounts falling due within one year

2022
2022
£
£

Other creditors
124,600
-

Accruals and deferred income
1,250
-

125,850
-


 
Page 5