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REGISTERED NUMBER: 07129841 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BENINCA AUTOMATION UK LIMITED

BENINCA AUTOMATION UK LIMITED (REGISTERED NUMBER: 07129841)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BENINCA AUTOMATION UK LIMITED

COMPANY INFORMATION
For The Year Ended 31 December 2024







DIRECTORS: L Beninca
S Beninca
J R Berry





REGISTERED OFFICE: Unit 4, Plenty Close
Hambridge Road
Newbury
Berkshire
RG14 5RL





REGISTERED NUMBER: 07129841 (England and Wales)





AUDITORS: Banks & Co Limited
Chartered Certified Accountants
1 Carnegie Road
Newbury
Berkshire
RG14 5DJ

BENINCA AUTOMATION UK LIMITED (REGISTERED NUMBER: 07129841)

BALANCE SHEET
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 77,186 123,462

CURRENT ASSETS
Stocks 965,450 853,865
Debtors 5 741,951 824,893
Cash at bank 181,267 227,566
1,888,668 1,906,324
CREDITORS
Amounts falling due within one year 6 711,909 793,442
NET CURRENT ASSETS 1,176,759 1,112,882
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,253,945

1,236,344

PROVISIONS FOR LIABILITIES - 8,681
NET ASSETS 1,253,945 1,227,663

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 1,253,845 1,227,563
SHAREHOLDERS' FUNDS 1,253,945 1,227,663

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 30 May 2025 and were signed on its behalf by:





L Beninca - Director


BENINCA AUTOMATION UK LIMITED (REGISTERED NUMBER: 07129841)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2024

1. STATUTORY INFORMATION

Beninca Automation UK Limited is a private company, limited by shares, registered in England & Wales. The company's registered number is 07129841 and its registered office address is Unit 4, Plenty Close, Hambridge Road, Newbury, Berkshire, RG14 5RL

The presentation currency of the financial statements is the GB pound (£).

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and value added tax as a result of the sale entry systems and controls. A sale is identified upon delivery of the product.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 15% on cost
Plant and machinery - 33% on cost
Fixtures and fittings - 33% on cost
Motor vehicles - 33% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 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 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

BENINCA AUTOMATION UK LIMITED (REGISTERED NUMBER: 07129841)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 January 2024 220,450 2,759 44,434
Additions - - -
At 31 December 2024 220,450 2,759 44,434
DEPRECIATION
At 1 January 2024 139,982 2,755 31,473
Charge for year 33,068 - 6,148
At 31 December 2024 173,050 2,755 37,621
NET BOOK VALUE
At 31 December 2024 47,400 4 6,813
At 31 December 2023 80,468 4 12,961

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2024 28,500 51,095 347,238
Additions - 7,699 7,699
At 31 December 2024 28,500 58,794 354,937
DEPRECIATION
At 1 January 2024 5,486 44,080 223,776
Charge for year 9,405 5,354 53,975
At 31 December 2024 14,891 49,434 277,751
NET BOOK VALUE
At 31 December 2024 13,609 9,360 77,186
At 31 December 2023 23,014 7,015 123,462

BENINCA AUTOMATION UK LIMITED (REGISTERED NUMBER: 07129841)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2024

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 644,961 731,332
Amounts owed by group undertakings - 2,960
Other debtors 43,160 36,771
688,121 771,063

Amounts falling due after more than one year:
Other debtors 53,830 53,830

Aggregate amounts 741,951 824,893

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 106,540 90,905
Amounts owed to group undertakings 291,599 339,862
Taxation and social security 201,127 223,597
Other creditors 112,643 139,078
711,909 793,442

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 1,201 3,604
Between one and five years 161,520 269,200
162,721 272,804

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

R M L Taylor FCCA (Senior Statutory Auditor)
for and on behalf of Banks & Co Limited

10. OTHER FINANCIAL COMMITMENTS

As at the year end, the Company is aware that a rent review is in progress by the landlord with any resulting increase being back dated to May 2024. Negotiations are ongoing and the financial implication of such discussions is not yet known.

BENINCA AUTOMATION UK LIMITED (REGISTERED NUMBER: 07129841)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2024

11. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

12. ULTIMATE CONTROLLING PARTY

The controlling party is Automatismi Beninca S.p.A.

The ultimate controlling party is Beninca Holding S.p.A.

Both the controlling and ultimate controlling parties are incorporated in Italy.

Copies of the group accounts can be obtained from the Camero di Commercio Industria Artigianato ed Agricoltura di Vicenza Registro imprese Archivio ufficiale CCIAA at Via Montale 17, 36100 Vicenza, Italy.