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REGISTERED NUMBER: 13626237 (England and Wales)















Unaudited Financial Statements

for the Period 16 September 2021 to 29 September 2022

for

BENIC Ltd

BENIC Ltd (Registered number: 13626237)






Contents of the Financial Statements
for the Period 16 September 2021 to 29 September 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BENIC Ltd

Company Information
for the Period 16 September 2021 to 29 September 2022







DIRECTOR: D O'Connell





REGISTERED OFFICE: 2 Cricklade Court
Old Town
Swindon
Wiltshire
SN1 3EY





REGISTERED NUMBER: 13626237 (England and Wales)

BENIC Ltd (Registered number: 13626237)

Balance Sheet
29 September 2022

Notes £   
CURRENT ASSETS
Debtors 4 23,105
Cash at bank and in hand 122
23,227
CREDITORS
Amounts falling due within one year 5 23,300
NET CURRENT LIABILITIES (73 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(73

)

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (173 )
(73 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 September 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 September 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

BENIC Ltd (Registered number: 13626237)

Balance Sheet - continued
29 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 September 2024 and were signed by:





D O'Connell - Director


BENIC Ltd (Registered number: 13626237)

Notes to the Financial Statements
for the Period 16 September 2021 to 29 September 2022

1. STATUTORY INFORMATION

BENIC 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.

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.

Financial instruments
Basic financial instruments, including trade and other receivables and payables, cash and bank balances, bank loans and loans to or from other group companies are initially recognised at transaction price, 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. Such assets are subsequently carried at amortised cost using the effective interest method.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 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.

BENIC Ltd (Registered number: 13626237)

Notes to the Financial Statements - continued
for the Period 16 September 2021 to 29 September 2022

2. ACCOUNTING POLICIES - continued

Financial instruments
Basic financial instruments, including trade and other receivables and payables, cash and bank balances, bank loans and loans to or from other group companies are initially recognised at transaction price, 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. Such assets are subsequently carried at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. DEBTORS
£   
Amounts falling due within one year:
Other debtors 23,065

Amounts falling due after more than one year:
Deferred tax asset 40

Aggregate amounts 23,105

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 2,000
Other creditors 21,300
23,300

6. GOING CONCERN

The director has considered the cashflow and profitability of the business and they are of the opinion that the company will generate sufficient revenues to enable the company to meet its day to day trading needs.

Consequently, the directors continue to believe that the going concern basis is appropriate in the preparation of these accounts.

If adoption of the going concern basis were inappropriate, adjustments would be required to write down assets to their recoverable value, to reclassify fixed assets as current assets and to provide for any further liabilities that may arise.