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REGISTERED NUMBER: 10862384 (England and Wales)











Financial Statements

for the Year Ended 31 July 2023

for

BENITON INVESTMENTS LIMITED

BENITON INVESTMENTS LIMITED (REGISTERED NUMBER: 10862384)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BENITON INVESTMENTS LIMITED

Company Information
for the Year Ended 31 July 2023







DIRECTORS: Mr L S Bentley
Mr L A Leviton





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 10862384 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

BENITON INVESTMENTS LIMITED (REGISTERED NUMBER: 10862384)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 416,220 416,220

CURRENT ASSETS
Debtors 5 43,500 42,000
Cash at bank 34,689 10,147
78,189 52,147
CREDITORS
Amounts falling due within one year 6 121,188 104,081
NET CURRENT LIABILITIES (42,999 ) (51,934 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

373,221

364,286

CREDITORS
Amounts falling due after more than one year 7 325,584 325,584
NET ASSETS 47,637 38,702

CAPITAL AND RESERVES
Called up share capital 12 12
Retained earnings 47,625 38,690
SHAREHOLDERS' FUNDS 47,637 38,702

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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 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 19 April 2024 and were signed on its behalf by:





Mr L S Bentley - Director


BENITON INVESTMENTS LIMITED (REGISTERED NUMBER: 10862384)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Beniton Investments Limited 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022
and 31 July 2023 416,220
NET BOOK VALUE
At 31 July 2023 416,220
At 31 July 2022 416,220

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Other debtors 43,500 42,000

BENITON INVESTMENTS LIMITED (REGISTERED NUMBER: 10862384)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Amounts owed to group undertakings 45,614 31,464
Taxation and social security 2,096 2,522
Other creditors 73,478 70,095
121,188 104,081

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans 325,584 325,584

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 325,584 325,584

8. SECURED DEBTS

The following secured debts are included within creditors:

31.7.23 31.7.22
£    £   
Bank loans 325,584 325,584

9. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed an amount of £23,096 (2022: £19,713 owed by) to the director. The amount is interest free & repayable on demand.

At the balance sheet date, the company owed an amount of £45,615 (2022: £31,465 ) to Middlesex & Herts Properties Limited. Mr L Bentley is also a director of Middlesex & Herts Properties Limited.

10. SECURED DEBTS

The mortgage is secured over the investment property of the company.