1 June 2023 false No description of principal activity Taxfiler 2024.6 09609915business:PrivateLimitedCompanyLtd2023-06-012024-05-31 096099152023-05-31 096099152023-06-012024-05-31 09609915business:AuditExemptWithAccountantsReport2023-06-012024-05-31 09609915business:FilletedAccounts2023-06-012024-05-31 096099152024-05-31 09609915business:Director12023-06-012024-05-31 09609915business:Director22023-06-012024-05-31 09609915business:RegisteredOffice2023-06-012024-05-31 096099152023-05-31 09609915core:WithinOneYear2024-05-31 09609915core:WithinOneYear2023-05-31 09609915core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 09609915core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 09609915core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 09609915core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 09609915core:PreviouslyStatedAmount2024-05-31 09609915core:PreviouslyStatedAmount2023-05-31 09609915business:SmallEntities2023-06-012024-05-31 09609915countries:EnglandWales2023-06-012024-05-31 096099152022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 09609915 (England and Wales)
Benevolo Limited Unaudited accounts for the year ended 31 May 2024
Benevolo Limited Unaudited accounts Contents
Page
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Benevolo Limited Company Information for the year ended 31 May 2024
Directors
M W Botha D Botha
Company Number
09609915 (England and Wales)
Registered Office
6 Danehurst Crescent Horsham West Sussex RH13 5HS United Kingdom
Accountants
M&T Accounting Limited 24 Great Lime Kilns Southwater Horsham West Sussex RH13 9JL
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Benevolo Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
495,000 
482,825 
Current assets
Debtors
7,063 
10,827 
Cash at bank and in hand
62,245 
47,891 
69,308 
58,718 
Creditors: amounts falling due within one year
(494,859)
(495,740)
Net current liabilities
(425,551)
(437,022)
Net assets
69,449 
45,803 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
69,349 
45,703 
Shareholders' funds
69,449 
45,803 
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 November 2024 and were signed on its behalf by
D Botha Director Company Registration No. 09609915
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Benevolo Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Benevolo Limited is a private company, limited by shares, registered in England and Wales, registration number 09609915. The registered office is 6 Danehurst Crescent, Horsham, West Sussex, RH13 5HS, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 and loss.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2024 
£ 
Fair value at 1 June 2023
482,825 
Net gain from fair value adjustments
12,175 
At 31 May 2024
495,000 
The investment properties are valued annually by the directors on an open market existing use basis. The historical cost of the investment properties amount to £523,174.
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Benevolo Limited Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Deferred tax asset
5,353 
7,666 
Accrued income and prepayments
1,710 
3,161 
7,063 
10,827 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
3,184 
4,065 
Other creditors
245,550 
245,550 
Loans from directors
244,950 
244,950 
Accruals
300 
300 
Deferred income
875 
875 
494,859 
495,740 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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