REGISTERED NUMBER: 00264716 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

BENSON ESTATES (J B) LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

J S Benson

Mrs P Johnson

SECRETARY:

J S Benson

REGISTERED OFFICE:

Walkers Lower Farm

Scot Lane

Aspull

Wigan

Lancashire

WN2 1YL

REGISTERED NUMBER:

00264716 (England and Wales)

ACCOUNTANTS:

Fairhurst Accountants Ltd

Chartered Accountants

Douglas Bank House

Wigan Lane

Wigan

Lancashire

WN1 2TB

BANKERS:

HSBC Bank Plc

21 The Grand Arcade

Wigan

Lancashire

WN1 1BH

FIXED ASSETS

Tangible assets

4

1,076

1,472

Investment property

5

513,000

633,000

514,076

634,472

CURRENT ASSETS

Debtors

6

4,269

4,494

Cash at bank

2,811

7,598

7,080

12,092

CREDITORS

Amounts falling due within one year

7

3,617

104,967

NET CURRENT ASSETS/(LIABILITIES)

3,463

(92,875

)

TOTAL ASSETS LESS CURRENT LIABILITIES

517,539

541,597

PROVISIONS FOR LIABILITIES

8

18,121

18,121

NET ASSETS

499,418

523,476

CAPITAL AND RESERVES

Called up share capital

9

35,200

35,200

Share premium

10

3,375

3,375

Fair value reserve

10

333,175

326,175

Retained earnings

10

127,668

158,726

SHAREHOLDERS' FUNDS

499,418

523,476

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 25 September 2025 and were signed on its behalf by:

Mrs P Johnson - Director

1.	STATUTORY INFORMATION

Benson Estates (J B) Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings

-

10% on reducing balance

Computer equipment

-

33% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as trade and other accounts receivable and payable. Basic financial instruments are recognised at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

19,151

2,508

21,659

DEPRECIATION

At 1 April 2024

18,378

1,809

20,187

Charge for year

78

318

396

At 31 March 2025

18,456

2,127

20,583

NET BOOK VALUE

At 31 March 2025

695

381

1,076

At 31 March 2024

773

699

1,472

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

633,000

Disposals

(120,000

)

At 31 March 2025

513,000

NET BOOK VALUE

At 31 March 2025

513,000

At 31 March 2024

633,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2012

259,240

Valuation in 2018

15,000

Valuation in 2021

(28,000

)

Valuation in 2022

25

Valuation in 2024

98,031

Cost

168,704

513,000

The Investment Property was valued on a market value basis by the directors at the balance sheet date.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Prepayments and accrued income

4,269

4,494

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Income Tax

-

1,350

Social security and other taxes

466

466

Directors' loan accounts

-

100,000

Accrued expenses

3,151

3,151

3,617

104,967

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Other timing differences

18,121

18,121

Deferred

tax

£

Balance at 1 April 2024

18,121

Balance at 31 March 2025

18,121

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

35,200

Ordinary

£1

35,200

35,200

10.

RESERVES

Fair

Retained

Share

value

earnings

premium

reserve

Totals

£

£

£

£

At 1 April 2024

158,726

3,375

326,175

488,276

Deficit for the year

(24,058

)

-

-

(24,058

)

Transfer

(7,000

)

-

7,000

-

At 31 March 2025

127,668

3,375

333,175

464,218

The fair value reserve represents non distributable retained earnings.

11.	CONTROLLING PARTY

The company is controlled jointly by Mr J Benson and Mrs P Johnson.