R. Benson Property Maintenance Limited

	Page
Strategic Report	1
Directors' Report	2
Independent Auditor's Report	3—6
Profit and Loss Account	7
Statement of Comprehensive Income	8
Balance Sheet	9
Statement of Changes in Equity	10
Statement of Cash Flows	11
Notes to the Statement of Cash Flows	12
Notes to the Financial Statements	13—17

The directors present their strategic report for the year ended 30 June 2025.

Review of the Business

R. Benson is an established principal contractor with over 30 years’ experience working with partnered social housing clients.

The company results for 2025 show an increase in turnover of 17% from 2024, reflecting continued growth in project volumes and client demand. Despite the strong revenue growth, net profits have decreased compared to the prior year as the company has invested heavily in resources, staffing, and operational infrastructure to support its expanding activities. These additional costs are expected to strengthen the company’s long-term capacity and service quality.

Net assets have increased to £2,934,150 from £2,562,829 in the previous year, an improvement of 14.5%, driven by retained earnings and a solid balance sheet position.

The Board would like to express its gratitude to all staff and clients for their continued commitment and support during a period of sustained growth and development.

KEY PERFORMANCE INDICATORS

The directors consider the following to be the key performance indicators that best reflect the company’s performance:

1. Gross margin – measures profitability and operational efficiency.

2. Wage costs per head – monitors labour productivity and cost control.

3. Debtor turn – evaluates the effectiveness of credit management.

4. Cash balances – ensures liquidity and financial stability.

FUTURE DEVELOPMENTS

The directors believe that the housing maintenance sector remains strong, supported by ongoing investment in asset improvement and sustainability.

The company is well positioned to capitalise on this demand through its established reputation for quality delivery and client relationships. In addition to core maintenance activities, the directors see further opportunities in new work streams, particularly in retrofit, decarbonisation and compliance-related projects.

The company has secured a number of long-term frameworks covering different work streams in line with the Business strategy, providing a stable platform for future growth.

GOING CONCERN

The directors, after reviewing the company’s budgets, cash flows, and available financing, consider that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they are satisfied that it is appropriate to adopt the going concern basis in preparing the annual report and financial statements.

Principal Risks and Uncertainties

The principal risks and uncertainties of the business remain consistent with previous years and are as follows:

1. The recruitment and retention of a skilled workforce.

2. The potential withdrawal or reduction of local authority approval/funding.

3. Inflationary pressures affecting key cost areas, including labour and materials.

The directors actively monitor these risks and continue to implement measures to mitigate potential impacts, including strengthened supplier relationships, ongoing staff development, and proactive financial management.

On behalf of the board

Mr Russell Neal

Director

17/12/2025

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R. Benson Property Maintenance Limited

Company No. 04296835

Directors' Report For The Year Ended 30 June 2025

Directors' Report

The directors present their report and the financial statements for the year ended 30 June 2025.

Principal Activity

The company's principal activity continues to be that of delivering a full range of refurbishment and compliance services to local authorities and housing associations.

Directors

The directors who held office during the year were as follows:

Mr Robert Benson

Mr Russell Neal

Mr Marcus Neal

Statement of Directors' Responsibilities

The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards, comprising FRS102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable United Kingdom Accounting Standards, comprising FRS102, have been followed subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Statement of Disclosure of Information to Auditors

In the case of each director in office at the date the Directors' Report is approved:

so far as the director is aware, there is no relevant audit information of which the company's auditors are unaware; and
they have taken all the steps that they ought to have taken as directors in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information.

Independent Auditors

The auditors, Cox, Costello & Horne, have indicated their willingness to continue in office and a resolution concerning their re-appointment will be proposed at the Annual General Meeting.

On behalf of the board

Mr Russell Neal

Director

17/12/2025

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Independent Auditor's Report

to the Members of

R. Benson Property Maintenance Limited

Independent Auditor's Report

Opinion

We have audited the financial statements of R. Benson Property Maintenance Limited for the year ended 30 June 2025 which comprise the Profit and Loss Account, Statement of Comprehensive Income, Balance Sheet, Statement of Changes of Equity, Cash Flow Statement and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

In our opinion the financial statements:

give a true and fair view of the state of the company's affairs as at 30 June 2025 and of its profit/(loss) for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for Opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions Relating to Going Concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on Other Matters Prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

the information given in the Strategic Report and Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
the Strategic Report and Directors' Report have been prepared in accordance with applicable legal requirements.

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Independent Auditor's Report (continued)

to the Members of

R. Benson Property Maintenance Limited

Matters on Which We Are Required to Report by Exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records or returns; or
certain disclosures of directors' remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.

Responsibilities of Directors

As explained more fully in the Directors' Responsibilities Statement set out on page 2, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

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Independent Auditor's Report (continued)

to the Members of

R. Benson Property Maintenance Limited

Auditor's Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We designed procedures in line with our responsibilities outlined above, to detect material misstatements in respect of irregularities, including fraud.

We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements from our: general commercial and sector experience; through verbal and written communications with those charged with governance and other management; and via inspection of the company's regulatory and legal correspondence.

We discussed with those charged with governance and other management the policies and procedures regarding compliance with laws and regulations.

We communicated identified laws and regulations to our team and remained alert to any indicators of non-compliance throughout the audit, we also specifically considered where and how fraud may occur within the company.

The potential effect of these laws and regulations on the financial statements varies considerably.

Firstly, the company is subject to laws and regulations that directly affect the financial statements, including: the company's constitution, relevant financial reporting standards; company law; tax legislation and distributable profits legislation and we assess the extent of compliance with these laws and regulations as part of our procedures on the related financial statement items.

Secondly the company is subject to many other laws and regulations where the consequences of non-compliance could have a material effect on the amounts or disclosures in the financial statements, for instance through the imposition of fines and penalties, or through losses arising from litigations. We identified the following areas as those most likely to have such an effect: laws and regulations relevant to Property Management; employment legislation; health and safety legislation; data protection legislation; anti-bribery and corruption legislation.

International Auditing Standards (UK) limit the required procedures to identify non-compliance with these laws and regulations, and no procedures over and above those already noted are required. These limited procedures did not identify any actual or suspected non-compliance with laws and regulations that could have a material impact on the financial statements.

In relation to fraud, we performed the following specific procedures in addition to those already noted:

* Challenging assumptions made by management in its significant accounting estimates;

* Identifying and testing journal entries, in particular any entries posted with unusual nominal ledger account combinations, journal entries crediting cash or any revenue account, and journal entries posted by senior management;

* Performing analytical procedures to identify unexpected movements in account balances which may be indicative of fraud;

* Ensuring that testing undertaken on both the performance statement and the Balance Sheet includes a number of items selected on a random basis;

These procedures did not identify any actual or suspected fraudulent irregularity that could have a material impact on the financial statements.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with International Auditing Standards UK). For example, the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely the procedures that we are required to undertake would identify it. In addition, as with any audit, there remains a high risk of non-detection of irregularities, as these might involve collusion, forgery, intentional omissions, misrepresentation, or the override of internal controls. We are not responsible for preventing non-compliance with laws and regulations or fraud, and cannot be expected to detect non-compliance with all laws and regulations or every incidence of fraud.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use Of Our Report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters that we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

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Independent Auditor's Report (continued)

to the Members of

R. Benson Property Maintenance Limited

P. Rajani (Senior Statutory Auditor)

for and on behalf of Cox, Costello & Horne , Statutory Auditor

17/12/2025

Cox, Costello & Horne

Chartered Accountants and Statutory Auditors

Batchworth Lock House, 99 Church Street

Rickmansworrth

WD3 1JJ

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R. Benson Property Maintenance Limited

Profit and Loss Account

For The Year Ended 30 June 2025

Profit and Loss Account

		2025	2024
	Notes	£	£
TURNOVER	3	23,524,348	20,187,409
Cost of sales		(17,959,464 )	(14,916,005 )

GROSS PROFIT		5,564,884	5,271,404

Administrative expenses		(4,378,094 )	(3,683,721 )

OPERATING PROFIT	4	1,186,790	1,587,683
Profit on disposal of fixed assets		-	15,525
Interest payable and similar charges	9	(98,104 )	(38,049 )

PROFIT BEFORE TAXATION		1,088,686	1,565,159
Tax on Profit		(304,507 )	(397,087 )

PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR		784,179	1,168,072

The notes on pages 12 to 17 form part of these financial statements.

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R. Benson Property Maintenance Limited

Statement of Comprehensive Income

For The Year Ended 30 June 2025

Statement of Comprehensive Income

	2025	2024
	£	£
PROFIT FOR THE FINANCIAL YEAR	784,179	1,168,072
OTHER COMPREHENSIVE INCOME FOR THE YEAR	-	-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR	784,179	1,168,072

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R. Benson Property Maintenance Limited

Balance Sheet

As At 30 June 2025

Balance Sheet

Registered number: 04296835

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	10		1,748,270		698,850
Investments	11		12,189		-

			1,760,459		698,850
CURRENT ASSETS
Stocks	12	1,394,247		2,135,251
Debtors	13	1,511,583		2,673,735
Cash at bank and in hand		3,557,102		1,612,251

		6,462,932		6,421,237
Creditors: Amounts Falling Due Within One Year	14	(3,531,057 )		(3,858,408 )

NET CURRENT ASSETS (LIABILITIES)			2,931,875		2,562,829

TOTAL ASSETS LESS CURRENT LIABILITIES			4,692,334		3,261,679

Creditors: Amounts Falling Due After More Than One Year	15		(1,346,476 )		(400,000 )

NET ASSETS			3,345,858		2,861,679

CAPITAL AND RESERVES
Called up share capital	17		100		100
Profit and Loss Account			3,345,758		2,861,579

SHAREHOLDERS' FUNDS			3,345,858		2,861,679

On behalf of the board

Mr Russell Neal

Director

17/12/2025

The notes on pages 12 to 17 form part of these financial statements.

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R. Benson Property Maintenance Limited

Statement of Changes in Equity

For The Year Ended 30 June 2025

Statement of Changes in Equity

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 1 July 2023	100	2,093,507	2,093,607
Profit for the year and total comprehensive income	-	1,168,072	1,168,072

Dividends paid	-	(400,000)	(400,000)

As at 30 June 2024 and 1 July 2024	100	2,861,579	2,861,679


Profit for the year and total comprehensive income	-	784,179	784,179

Dividends paid	-	(300,000)	(300,000)

As at 30 June 2025	100	3,345,758	3,345,858

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R. Benson Property Maintenance Limited

Statement of Cash Flows

For The Year Ended 30 June 2025

Statement of Cash Flows

		2025	2024
	Notes	£	£
Cash flows from operating activities
Net cash generated from operations	1	2,839,234	530,575
Interest paid		(98,104 )	(38,049 )
Tax paid		(397,087 )	(98,945 )

Net cash generated from operating activities		2,344,043	393,581

Cash flows from investing activities
Purchase of tangible assets		(1,135,191 )	(51,760 )
Proceeds from disposal of tangible assets		-	20,327
Purchase of other fixed asset investments		(12,189 )	-

Net cash used in investing activities		(1,147,380 )	(31,433 )

Cash flows from financing activities
Equity dividends paid		(300,000 )	(400,000 )
Proceeds from new bank borrowings		953,920	-
Repayment of bank borrowings		-	(81,685 )
Amount introduced by directors		94,268	227,461

Net cash generated from/(used in) financing activities		748,188	(254,224 )



Increase in cash and cash equivalents		1,944,851	107,924
Cash and cash equivalents at beginning of year	2	1,612,251	1,504,327

Cash and cash equivalents at end of year	2	3,557,102	1,612,251

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R. Benson Property Maintenance Limited

Notes to the Statement of Cash Flows

For The Year Ended 30 June 2025

Notes to the Statement of Cash Flows

1. Reconciliation of profit for the financial year to cash generated from operations

	2025	2024
	£	£
Profit for the financial year	784,179	1,168,072
Adjustments for:
Tax on profit	304,507	397,087
Interest expense	98,104	38,049
Depreciation of tangible assets	85,771	70,614
Profit on disposal of tangible assets	-	(15,525)
Movements in working capital:
Decrease/(increase) in stocks	741,004	(807,145 )
Decrease/(increase) in trade and other debtors	1,162,152	(551,267 )
(Decrease)/increase in trade and other creditors	(336,483 )	230,690

Net cash generated from operations	2,839,234	530,575

2. Cash and cash equivalents

Cash and cash equivalents, as stated in the Statement of Cash Flows, relates to the following items in the Balance Sheet:

	2025	2024
	£	£
Cash at bank and in hand	3,557,102	1,612,251

3. Analysis of changes in net funds

	As at 1 July 2024	Cash flows	As at 30 June 2025
	£	£	£
Cash at bank and in hand	1,612,251	1,944,851	3,557,102
Debts falling due within one year	(42,779 )	(7,444)	(50,223 )
Debts falling due after more than one year	(400,000)	(946,476)	(1,346,476)

	1,169,472	990,931	2,160,403

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R. Benson Property Maintenance Limited

Notes to the Financial Statements

For The Year Ended 30 June 2025

Notes to the Financial Statements

1. General Information

R. Benson Property Maintenance Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04296835 . The registered office is Unit 1 Anglo Business Park Asheridge Road, Chesham, HP5 2QA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2% straight line
Leasehold	2% straight line
Motor Vehicles	33% straight line
Fixtures & Fittings	25% straight line

2.4. Investments

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

Cost is determined using the first-in, first-out method. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Work in progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

At the end of each reporting period stocks are assessed for impairment. If an item of stock is impaired, the identified stock is reduced to its selling price less costs to complete and sell and an impairment charge is recognised in the profit and loss account. Where a reversal of the impairment is required the impairment charge is reversed, up to the original impairment loss, and is recognised as a credit in the profit and loss account.

2.6. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

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R. Benson Property Maintenance Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Turnover

4. Operating Profit

The operating profit is stated after charging:

	2025	2024
	£	£
Depreciation of tangible fixed assets	85,771	70,614

5. Auditor's Remuneration

Remuneration received by the company's auditors and their associates during the year was as follows:

	2025	2024
	£	£
Audit Services
Audit of the company's financial statements	9,900	9,500

6. Staff Costs

Staff costs, including directors' remuneration, were as follows:

	2025	2024
	£	£
Wages and salaries	2,956,512	2,502,640
Other pension costs	94,381	85,545

	3,050,893	2,588,185

7. Average Number of Employees

Average number of employees, including directors, during the year was: 58 (2024: 49)

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R. Benson Property Maintenance Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

8. Directors' remuneration

	2025	2024
	£	£
Emoluments	219,200	219,200
Company contributions to money purchase pension schemes	51,054	51,054

	270,254	270,254

Information regarding the highest paid director was as follows:

	2025	2024
	£	£
Emoluments	109,600	109,600
Company contributions to money purchase pension schemes	25,527	25,527

	135,127	135,127

9. Interest Payable and Similar Charges

	2025	2024
	£	£
Bank loans and overdrafts	98,104	38,049

10. Tangible Assets

	Land & Property
	Freehold	Motor Vehicles	Total
	£	£	£
Cost
As at 1 July 2024	719,220	203,226	922,446
Additions	1,135,191	-	1,135,191

As at 30 June 2025	1,854,411	203,226	2,057,637

Depreciation
As at 1 July 2024	86,303	137,293	223,596
Provided during the period	37,088	48,683	85,771

As at 30 June 2025	123,391	185,976	309,367

Net Book Value
As at 30 June 2025	1,731,020	17,250	1,748,270

As at 1 July 2024	632,917	65,933	698,850

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R. Benson Property Maintenance Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

11. Investments

	Unlisted
	£
Cost or Valuation
As at 1 July 2024	-
Additions	12,189

As at 30 June 2025	12,189

Provision
As at 1 July 2024	-

As at 30 June 2025	-

Net Book Value
As at 30 June 2025	12,189

As at 1 July 2024	-

12. Stocks

	2025	2024
	£	£
Work in progress	1,394,247	2,135,251

13. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,418,038	2,657,361
Other debtors	93,545	16,374

	1,511,583	2,673,735

14. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,313,485	1,391,461
Bank loans and overdrafts	50,223	42,779
Other creditors	706,493	677,411
Corporation tax	304,507	397,087
Taxation and social security	302,796	570,737
Accruals and deferred income	853,553	778,933

	3,531,057	3,858,408

15. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	1,346,476	400,000

R. Benson Property Maintenance Limited has fixed charges over its freehold properties located at 1 & 3 Anglo Buisness Park, Ashridge Road, Chesham, as security for mortgage liabilities of £1,396,699. The charges grant the lender rights over the assets in the event of default on the associated liabilities.

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R. Benson Property Maintenance Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

16. Loans

An analysis of the maturity of loans is given below:

	2025	2024
	£	£
Amounts falling due within one year or on demand:
Bank loans	50,223	42,779

	2025	2024
	£	£
Amounts falling due between one and five years:
Bank loans	1,346,476	400,000

17. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1 each	100	100

18. Pension Commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.

During the year the charge to the profit and loss account in respect of defined contribution schemes was £94,381 (2024: £85,545).

At the balance sheet date contributions of £NIL were due to the fund and are included in creditors.

19. Dividends

	2025	2024
	£	£
On equity shares:
Final dividend paid	300,000	400,000

20. Related Party Disclosures

At the year end, included within other creditors is a balance of £443,113 due to directors in respect of dividends declared but not yet paid.

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