Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-301truefalseNo description of principal activityfalse2023-05-01false1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14029520 2023-05-01 2024-04-30 14029520 2022-05-01 2023-04-30 14029520 2024-04-30 14029520 2023-04-30 14029520 c:Director1 2023-05-01 2024-04-30 14029520 d:FreeholdInvestmentProperty 2024-04-30 14029520 d:FreeholdInvestmentProperty 2023-04-30 14029520 d:CurrentFinancialInstruments 2024-04-30 14029520 d:CurrentFinancialInstruments 2023-04-30 14029520 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 14029520 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 14029520 d:ShareCapital 2024-04-30 14029520 d:ShareCapital 2023-04-30 14029520 d:RetainedEarningsAccumulatedLosses 2024-04-30 14029520 d:RetainedEarningsAccumulatedLosses 2023-04-30 14029520 c:OrdinaryShareClass1 2023-05-01 2024-04-30 14029520 c:OrdinaryShareClass1 2024-04-30 14029520 c:OrdinaryShareClass1 2023-04-30 14029520 c:FRS102 2023-05-01 2024-04-30 14029520 c:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 14029520 c:FullAccounts 2023-05-01 2024-04-30 14029520 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 14029520 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14029520









MB BENGEO LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
MB BENGEO LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MB BENGEO LIMITED
FOR THE YEAR ENDED 30 APRIL 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of MB BENGEO LIMITED for the year ended 30 April 2024 which comprise  the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of MB BENGEO LIMITED in accordance with the terms of our engagement letter dated 9 April 2022Our work has been undertaken solely to prepare for your approval the financial statements of MB BENGEO LIMITED and state those matters that we have agreed to state to the director of MB BENGEO LIMITED in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MB BENGEO LIMITED and its director for our work or for this report. 

It is your duty to ensure that MB BENGEO LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of MB BENGEO LIMITED. You consider that MB BENGEO LIMITED is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of MB BENGEO LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Hurkan Sayman & Co
 
Chartered Accountants
  
291 Green Lanes
Palmers Green
London
N13 4XS
17 January 2025
Page 1

 
MB BENGEO LIMITED
REGISTERED NUMBER: 14029520

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
510,000
510,000

  
510,000
510,000

  

Creditors: amounts falling due within one year
 5 
(482,150)
(501,103)

Net current liabilities
  
 
 
(482,150)
 
 
(501,103)

Total assets less current liabilities
  
27,850
8,897

  

Net assets
  
27,850
8,897


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
27,750
8,797

  
27,850
8,897


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Muge Beyzade
Director

Date: 17 January 2025

The notes on pages 4 to 5 form part of these financial statements.
Page 2

 
MB BENGEO LIMITED
REGISTERED NUMBER: 14029520
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024


Page 3

 
MB BENGEO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

MB Bengo Limited is a private company limited by share capital, incorporated in England and Wales, registration number 14029520. The address of the registered office is 291 Green Lanes, Palmers Green, London, N13 4XS. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Rental income

Rental income from investment properties is recognised on a straight-line basis over the term of the lease. The revenue recognition commences when the tenant take possession or controls the physical use of the lease space.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.4

Investment property

Investment property is carried at fair value determined annually by the Director and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
MB BENGEO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Investment property


Freehold investment property

£



Valuation


At 1 May 2023
510,000



At 30 April 2024
510,000

The 2024 valuations were made by the Director, on an open market value for existing use basis.





5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
136
-

Corporation tax
4,481
2,063

Other creditors
476,693
497,960

Accruals and deferred income
840
1,080

482,150
501,103



6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



7.


Related party transactions

Included within Other Creditors due in less than 1 year is a loan amount of £476,694 due to the Director. The loan is secured by the property held in the company, free of interest and repayable on demand.

 
Page 5