REGISTERED NUMBER: 11712508 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

Benhams Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

V Mehra

REGISTERED OFFICE:

c/o Parker Cavendish, Suite 301

Stanmore Business and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

REGISTERED NUMBER:

11712508 (England and Wales)

AUDITORS:

Parker Cavendish

Chartered Accountants

Registered Auditor

Suite 301, Stanmore Business

and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

FIXED ASSETS

Investment property

4

1,250,000

-

CURRENT ASSETS

Debtors

5

-

100

Cash at bank

22,165

-

22,165

100

CREDITORS

Amounts falling due within one year

6

(1,337,266

)

-

NET CURRENT (LIABILITIES)/ASSETS

(1,315,101

)

100

TOTAL ASSETS LESS CURRENT LIABILITIES

(65,101

)

100

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(65,201

)

-

SHAREHOLDERS' FUNDS

(65,101

)

100

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 director and authorised for issue on 22 December 2025 and were signed by:

V Mehra - Director

1.	STATUTORY INFORMATION

Benhams 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.

Turnover

Income comprises rent receivable from investment properties net of value added tax and is recognised on an accruals basis.

Investment property

Initial measurement

Investment properties are initially measured at cost.

Subsequent measurement

Investment properties are measured at fair value at each reporting date with changes in fair values recognised in profit or loss. No depreciation is provided in respect of investment properties.

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.

Going concern

At 31 March 2025, the company had a net liability position. The financial statements have been prepared on a going concern basis as the company continues to be operationally profitable and the continued support of the parent undertaking.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

1,327,158

Revaluations

(77,158

)

At 31 March 2025

1,250,000

NET BOOK VALUE

At 31 March 2025

1,250,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

1,250,000

If investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

1,327,158

-

The investment properties were valued on an open market basis on 31 March 2025 by the directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

-

100

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

1,327,058

-

Tax

3,986

-

Accruals and deferred income

6,222

-

1,337,266

-

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

The Report of the Auditors was unqualified.

Rashmin Shah (Senior Statutory Auditor)

for and on behalf of Parker Cavendish

8.	RELATED PARTY DISCLOSURES

During the year, the company purchased two investment properties from A Mehra and V Mehra, directors of the parent undertaking, at market value of £1,250,000.