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Company Registration No. 11031826 (England and Wales)
Benedict Commercial Estates 2 Ltd Unaudited accounts for the year ended 31 March 2025
Benedict Commercial Estates 2 Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Benedict Commercial Estates 2 Ltd Company Information for the year ended 31 March 2025
Director
Mr Hugo Paice
Company Number
11031826 (England and Wales)
Registered Office
42a Museum St London WC1A 1LT United Kingdom
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Benedict Commercial Estates 2 Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
2,593,293
2,593,293
Current assets
Cash at bank and in hand
49,650
79,427
Creditors: amounts falling due within one year
5
(903,640)
(991,655)
Net current liabilities
(853,990)
(912,228)
Total assets less current liabilities
1,739,303
1,681,065
Creditors: amounts falling due after more than one year
6
(904,734)
(935,630)
Net assets
834,569
745,435
Capital and reserves
Called up share capital
100
100
Profit and loss account
834,469
745,335
Shareholders' funds
834,569
745,435
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 August 2025 and were signed on its behalf by
Mr Hugo Paice Director Company Registration No. 11031826
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Benedict Commercial Estates 2 Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Benedict Commercial Estates 2 Ltd is a private company, limited by shares, registered in England and Wales, registration number 11031826. The registered office is 42a Museum St, London, WC1A 1LT, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not depreciated
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 April 2024
2,593,293
At 31 March 2025
2,593,293
Depreciation
At 31 March 2025
-
Net book value
At 31 March 2025
2,593,293
At 31 March 2024
2,593,293
5
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
13,395
12,468
Taxes and social security
29,711
28,653
Other creditors
90,450
90,450
Loans from directors
709,900
799,900
Accruals
2,050
2,050
Deferred income
58,134
58,134
903,640
991,655
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Benedict Commercial Estates 2 Ltd Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
904,734
935,630
Bank loans are secured against the company's land and building which have a carrying value of £2,593,293 at 31 March 2025.
7
Transactions with related parties
The company was owed £90,450 (2024: £90,450) by Benedict Commercial Estates Ltd, which is a company under common control.
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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