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REGISTERED NUMBER: 15146773 (England and Wales)



Report of the Directors and

Unaudited Financial Statements

for the Period 19 September 2023 to 30 September 2024

for

LM Bene Ltd

LM Bene Ltd (Registered number: 15146773)






Contents of the Financial Statements
for the Period 19 September 2023 to 30 September 2024




Page

Company Information 1

Report of the Directors 2

Balance Sheet 3

Notes to the Financial Statements 5


LM Bene Ltd

Company Information
for the Period 19 September 2023 to 30 September 2024







DIRECTORS: Dr Patrick Chukwuemeka Ojechi
Dr Christian Mbonu Okoli





REGISTERED OFFICE: 9 Greenacre Park
Lower Fell
Gateshead
NE9 6HF





REGISTERED NUMBER: 15146773 (England and Wales)





ACCOUNTANTS: Argon & Krypton Consulting Ltd
(Chartered Certified Accountants & Tax Advisers)
Unit 6
Town Quay Wharf
Abbey Road
Barking
Essex
IG11 7BZ

LM Bene Ltd (Registered number: 15146773)

Report of the Directors
for the Period 19 September 2023 to 30 September 2024

The directors present their report with the financial statements of the company for the period 19 September 2023 to 30 September 2024.

INCORPORATION
The company was incorporated on 19 September 2023 and commenced trading on the same date.

DIRECTORS

The beneficial interests of the directors holding office at 30 September 2024 in the shares of the company, according to the register of directors' interests, were as follows:

30.9.24 at date of
appointment
Ordinary shares of £1.00 each
Dr Patrick Chukwuemeka Ojechi - appointed 19.9.23 50 50
Dr Christian Mbonu Okoli - appointed 19.9.23 50 50

These directors did not hold any non-beneficial interests in the shares of the company.

Both the directors, being eligible, offer themselves for election at the forthcoming first Annual General Meeting.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Dr Christian Mbonu Okoli - Director


15 April 2025

LM Bene Ltd (Registered number: 15146773)

Balance Sheet
30 September 2024

Notes £   
CURRENT ASSETS
Cash at bank 30,493

CREDITORS
Amounts falling due within one year 4 1,065
NET CURRENT ASSETS 29,428
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,428

CREDITORS
Amounts falling due after more than one year 5 30,300
NET LIABILITIES (872 )

CAPITAL AND RESERVES
Called up share capital 6 200
Retained earnings (1,072 )
SHAREHOLDERS' FUNDS (872 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 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.

LM Bene Ltd (Registered number: 15146773)

Balance Sheet - continued
30 September 2024


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 15 April 2025 and were signed on its behalf by:




Dr Christian Mbonu Okoli - Director



Dr Patrick Chukwuemeka Ojechi - Director


LM Bene Ltd (Registered number: 15146773)

Notes to the Financial Statements
for the Period 19 September 2023 to 30 September 2024

1. STATUTORY INFORMATION

LM Bene 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.

Taxation
Taxation for the period 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 565
Mr Onyinyechi 500
1,065

LM Bene Ltd (Registered number: 15146773)

Notes to the Financial Statements - continued
for the Period 19 September 2023 to 30 September 2024

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Mr Adigwe 950
Dr Okoli 9,950
Dr Ojechi 9,950
Mr Ndubuisi 9,450
30,300

6. CALLED UP SHARE CAPITAL

The Total Share Capital is 200 Ordinary Shares, and the Prescribe Right of Each Share are given below

Each Share is entitled to one Vote in any circumstances
Each share has equal rights to dividends
Each Share is entitled to participate in a distribution arising from a winding up of the company

Shareholders are:
Ordinary Shares
Dr Mbonu Okoli 50
Dr Patrick Ojaechi 50
Mr Chinedu Ndubuisi 50
Mr Vincent Adigwe 50