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REGISTERED NUMBER: 11090113 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Benhol Limited

Benhol Limited (Registered number: 11090113)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Benhol Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: J P Craxford
Mrs A E Craxford





REGISTERED OFFICE: 5 Westwood Lane
Prestbury
Cheltenham
Gloucestershire
GL52 5DL





REGISTERED NUMBER: 11090113 (England and Wales)





ACCOUNTANTS: T Poole Accounting Services Limited
5 Muscroft Road
Prestbury
Cheltenham
Gloucestershire
GL52 5DG

Benhol Limited (Registered number: 11090113)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 1,224
Investment property 5 241,442 241,442
241,442 242,666

CURRENT ASSETS
Debtors 6 647 647
Cash at bank 4,547 3,982
5,194 4,629
CREDITORS
Amounts falling due within one year 7 2,052 2,631
NET CURRENT ASSETS 3,142 1,998
TOTAL ASSETS LESS CURRENT
LIABILITIES

244,584

244,664

CREDITORS
Amounts falling due after more than
one year

8

279,688

279,688
NET LIABILITIES (35,104 ) (35,024 )

CAPITAL AND RESERVES
Called up share capital 30 30
Retained earnings (35,134 ) (35,054 )
SHAREHOLDERS' FUNDS (35,104 ) (35,024 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Benhol Limited (Registered number: 11090113)

Balance Sheet - continued
30 November 2023


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 12 August 2024 and were signed on its behalf by:





J P Craxford - Director


Benhol Limited (Registered number: 11090113)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Benhol 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on 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.

Benhol Limited (Registered number: 11090113)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

2. ACCOUNTING POLICIES - continued

Going concern
The major part of the company's working capital requirements are provided by a loan from Holben Limited, a related company which is repayable on demand. It is anticipated this loan will be repaid from the sale of a property, the net realisable value of which is in excess of the borrowing. The directors of the related company have indicated that they will not demand repayment, however no formal agreement is in place.

The directors, having considered the above and made due enquiries, continue to adopt the going concern basis in preparing the financial statements which assumes that the company will continue in operation for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022
and 30 November 2023 3,672
DEPRECIATION
At 1 December 2022 2,448
Charge for year 1,224
At 30 November 2023 3,672
NET BOOK VALUE
At 30 November 2023 -
At 30 November 2022 1,224

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022
and 30 November 2023 241,442
NET BOOK VALUE
At 30 November 2023 241,442
At 30 November 2022 241,442

Benhol Limited (Registered number: 11090113)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors 647 647

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other creditors 2,052 2,631

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans 125,675 125,675
Other creditors 154,013 154,013
279,688 279,688

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 125,675 125,675
Other loans more 5yrs non-inst 154,013 154,013
279,688 279,688

9. SECURED DEBTS

The following secured debts are included within creditors:

30.11.23 30.11.22
£    £   
Bank loans 125,675 125,675

The bank loan is secured by a fixed and floating charge over the investment property.

10. RELATED PARTY DISCLOSURES

Holben Limited, a company with common directors, has provided the company with a loan. At the year end the company owed Holben Limited £154,013 (2022: £154,013).