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REGISTERED NUMBER: 11575764 (England and Wales)
















Process Benchmarking Holdings Ltd

Unaudited Financial Statements

for the Year Ended 31st December 2024






Process Benchmarking Holdings Ltd (Registered number: 11575764)






Contents of the Financial Statements
for the Year Ended 31st December 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Process Benchmarking Holdings Ltd

Company Information
for the Year Ended 31st December 2024







Directors: Mr A R Lloyd
Mr M I Bell
Mrs I L Russell
Miss J Lane
Mrs L Baxter
Mr J W Payne





Registered office: 1 Bromley Lane
Chislehurst
Kent
BR7 6LH





Registered number: 11575764 (England and Wales)





Accountants: Wilson Stevens
Accountants
4th Floor
100 Fenchurch Street
London
EC3M 5JD

Process Benchmarking Holdings Ltd (Registered number: 11575764)

Statement of Financial Position
31st December 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Investments 4 2,183,444 2,183,444

Current assets
Debtors 5 101 -
Cash at bank 1,635 1,303
1,736 1,303
Creditors
Amounts falling due within one year 6 1,796,627 1,795,817
Net current liabilities (1,794,891 ) (1,794,514 )
Total assets less current liabilities 388,553 388,930

Capital and reserves
Called up share capital 100 100
Retained earnings 388,453 388,830
388,553 388,930

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 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.

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 15th April 2025 and were signed on its behalf by:





Mr A R Lloyd - Director


Process Benchmarking Holdings Ltd (Registered number: 11575764)

Notes to the Financial Statements
for the Year Ended 31st December 2024

1. Statutory information

Process Benchmarking Holdings 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.

Preparation of consolidated financial statements
The financial statements contain information about Process Benchmarking Holdings Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. Employees and directors

The average number of employees during the year was 6 (2023 - 5 ) .

Process Benchmarking Holdings Ltd (Registered number: 11575764)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2024

4. Fixed asset investments
Shares in
group
undertakin
£   
Cost
At 1st January 2024
and 31st December 2024 2,183,444
Net book value
At 31st December 2024 2,183,444
At 31st December 2023 2,183,444

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Other debtors 101 -

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Amounts owed to group undertakings 1,796,627 1,794,127
Taxation and social security - 1,690
1,796,627 1,795,817

7. Ultimate controlling party

The ultimate controllling party is Process Benchmarking Trustees Ltd, a company incorporated in England and Wales.