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REGISTERED NUMBER: 05171417 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

BENSTONE INVESTMENTS LTD

BENSTONE INVESTMENTS LTD (REGISTERED NUMBER: 05171417)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


BENSTONE INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: J Schrieber
Mrs R Benedikt
M Rothbart





SECRETARY: Mrs R Benedikt





REGISTERED OFFICE: 69 Lingwood Road
London
E5 9BN





REGISTERED NUMBER: 05171417 (England and Wales)





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

BENSTONE INVESTMENTS LTD (REGISTERED NUMBER: 05171417)

STATEMENT OF FINANCIAL POSITION
31 JULY 2023

31.7.23 31.7.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 515 606
Investment property 5 700,000 700,000
700,515 700,606

CURRENT ASSETS
Debtors 6 - 4,675
Cash at bank 2,898 3,323
2,898 7,998
CREDITORS
Amounts falling due within one year 7 (69,683 ) (75,245 )
NET CURRENT LIABILITIES (66,785 ) (67,247 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

633,730

633,359

CREDITORS
Amounts falling due after more than one
year

8

(240,902

)

(251,000

)

PROVISIONS FOR LIABILITIES (28,500 ) (28,500 )
NET ASSETS 364,328 353,859

CAPITAL AND RESERVES
Called up share capital 10 100 100
Revaluation reserve 11 257,987 257,987
Fair value reserve 11 150,000 150,000
Retained earnings 11 (43,759 ) (54,228 )
SHAREHOLDERS' FUNDS 364,328 353,859

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.

BENSTONE INVESTMENTS LTD (REGISTERED NUMBER: 05171417)

STATEMENT OF FINANCIAL POSITION - continued
31 JULY 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 November 2024 and were signed on its behalf by:





J Schrieber - Director


BENSTONE INVESTMENTS LTD (REGISTERED NUMBER: 05171417)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

Benstone 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. 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net rent receivable, excluding value added tax.

Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

Investment properties
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 August 2022
and 31 July 2023 6,204
DEPRECIATION
At 1 August 2022 5,598
Charge for year 91
At 31 July 2023 5,689
NET BOOK VALUE
At 31 July 2023 515
At 31 July 2022 606

BENSTONE INVESTMENTS LTD (REGISTERED NUMBER: 05171417)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022
and 31 July 2023 700,000
NET BOOK VALUE
At 31 July 2023 700,000
At 31 July 2022 700,000

Fair value at 31 July 2023 is represented by:
£   
Valuation in 2016 257,987
Valuation in 2020 150,000
Cost 292,013
700,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Other debtors - 4,675

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Taxation and social security 846 801
Other creditors 68,837 74,444
69,683 75,245

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.23 31.7.22
£    £   
Bank loans 240,902 251,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 240,902 -
Bank loan - 251,000
240,902 251,000

BENSTONE INVESTMENTS LTD (REGISTERED NUMBER: 05171417)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

9. SECURED DEBTS

The following secured debts are included within creditors:

31.7.23 31.7.22
£    £   
Bank loans 240,902 251,000

The mortgage loans are secured by a first charge over the company's properties and a floating charge over the assets of the company, and bear interest at fixed rates.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Fair
Retained Revaluation value
earnings reserve reserve Totals
£    £    £    £   

At 1 August 2022 (54,228 ) 257,987 150,000 353,759
Profit for the year 10,469 10,469
At 31 July 2023 (43,759 ) 257,987 150,000 364,228

12. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs R Benedikt.