Silverfin false false 31/12/2024 01/01/2024 31/12/2024 Mr P J Auckland 11/09/2019 Mr A J Bane 13/09/2019 Mrs C Mercer 03/06/2019 Mr P A Sayers 17/10/2019 Mrs S Stewart 15/05/2013 25 August 2025 The principle activity of the Company during the year was property management. 01110349 2024-12-31 01110349 bus:Director1 2024-12-31 01110349 bus:Director2 2024-12-31 01110349 bus:Director3 2024-12-31 01110349 bus:Director4 2024-12-31 01110349 bus:Director5 2024-12-31 01110349 2023-12-31 01110349 core:CurrentFinancialInstruments 2024-12-31 01110349 core:CurrentFinancialInstruments 2023-12-31 01110349 core:ShareCapital 2024-12-31 01110349 core:ShareCapital 2023-12-31 01110349 core:RetainedEarningsAccumulatedLosses 2024-12-31 01110349 core:RetainedEarningsAccumulatedLosses 2023-12-31 01110349 core:LandBuildings 2023-12-31 01110349 core:LandBuildings 2024-12-31 01110349 bus:OrdinaryShareClass1 2024-12-31 01110349 2024-01-01 2024-12-31 01110349 bus:FilletedAccounts 2024-01-01 2024-12-31 01110349 bus:SmallEntities 2024-01-01 2024-12-31 01110349 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 01110349 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01110349 bus:Director1 2024-01-01 2024-12-31 01110349 bus:Director2 2024-01-01 2024-12-31 01110349 bus:Director3 2024-01-01 2024-12-31 01110349 bus:Director4 2024-01-01 2024-12-31 01110349 bus:Director5 2024-01-01 2024-12-31 01110349 2023-01-01 2023-12-31 01110349 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 01110349 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 01110349 (England and Wales)

# BENSON DEVELOPMENTS LIMITED

### Unaudited Financial Statements
For the financial year ended 31 December 2024
Pages for filing with the registrar

BENSON DEVELOPMENTS LIMITED

## Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

BENSON DEVELOPMENTS LIMITED

## STATEMENT OF FINANCIAL POSITION

As at 31 December 2024
BENSON DEVELOPMENTS LIMITED

## STATEMENT OF FINANCIAL POSITION (continued)

As at 31 December 2024

| Note | 2024 |  | 2023
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 2 |  | 2
|  | 2 |  | 2
Current assets |  |  |  |
Debtors | 4 | 15,535 |  | 12,942
Cash at bank and in hand |  | 8,329 |  | 27,554
|  | 23,864 |  | 40,496
Creditors: amounts falling due within one year | 5 | ( 8,789) |  | ( 9,583)
Net current assets |  | 15,075 |  | 30,913
Total assets less current liabilities |  | 15,077 |  | 30,915
Net assets |  | 15,077 |  | 30,915
Capital and reserves |  |  |  |
Called-up share capital | 6 | 104 |  | 104
Profit and loss account |  | 14,973 |  | 30,811
Total shareholder's funds |  | 15,077 |  | 30,915

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Benson Developments Limited (registered number: 01110349) were approved and authorised for issue by the Board of Directors on 25 August 2025. They were signed on its behalf by:

Mrs S Stewart Director |

BENSON DEVELOPMENTS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
BENSON DEVELOPMENTS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Benson Developments Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Daniell House, Falmouth Road, Truro, TR1 2HX, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset over its expected useful life.

Land and buildings | not depreciated

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

##### Ordinary share capital

The ordinary share capital of the Company is presented as equity.

#### 2. Employees

| 2024 |  | 2023
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 4 |  | 4

#### 3. Tangible assets

| Land and buildings |  | Total
| £ |  | £
Cost |  |  |
At 01 January 2024 | 2 |  | 2
At 31 December 2024 | 2 |  | 2
Accumulated depreciation |  |  |
At 01 January 2024 | 0 |  | 0
At 31 December 2024 | 0 |  | 0
Net book value |  |  |
At 31 December 2024 | 2 |  | 2
At 31 December 2023 | 2 |  | 2

#### 4. Debtors

| 2024 |  | 2023
| £ |  | £
Trade debtors | 10,022 |  | 7,497
Prepayments | 5,513 |  | 5,445
| 15,535 |  | 12,942

#### 5. Creditors: amounts falling due within one year

| 2024 |  | 2023
| £ |  | £
Trade creditors | 7,375 |  | 7,676
Accruals | 1,414 |  | 1,907
| 8,789 |  | 9,583

#### 6. Called-up share capital

| 2024 |  | 2023
| £ |  | £
Allotted, called-up and fully-paid |  |  |
104 Ordinary shares of £ 1.00 each | 104 |  | 104