| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 MAY 2025 |
| FOR |
| BENFIELD INVESTMENTS LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 MAY 2025 |
| FOR |
| BENFIELD INVESTMENTS LIMITED |
| BENFIELD INVESTMENTS LIMITED (REGISTERED NUMBER: 05121561) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 MAY 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| BENFIELD INVESTMENTS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 MAY 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 15 West Street |
| Brighton |
| East Sussex |
| BN1 2RL |
| BENFIELD INVESTMENTS LIMITED (REGISTERED NUMBER: 05121561) |
| BALANCE SHEET |
| 30 MAY 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 3 |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| ( |
) | ( |
) |
| 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 were approved by the Board of Directors and authorised for issue on |
| BENFIELD INVESTMENTS LIMITED (REGISTERED NUMBER: 05121561) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 MAY 2025 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| These financial statements have been prepared on the basis that the company will continue to be a going concern. The presentational currency of the accounts is the Pound Sterling and amounts are rounded to the nearest Pound. If this assumption is not considered valid, then adjustments would need to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise and to reclassify fixed assets and long term liabilities as current assets and liabilities. |
| Turnover |
| Turnover represents sales of services and is recognised at the point the customer is entitled to consideration and is measured at the fair value of consideration received or receivable, net of discounts and value added taxes. |
| Goodwill |
| Goodwill, being the amount paid in connection with the acquisition of a business in 2004, has been fully amortised evenly over its estimated useful life of ten years. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Plant and machinery | - |
| Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. |
| Provision for depreciation against the carrying value of freehold property is not provided for in these accounts because, in the opinion of the directors, to do so would not show a true and fair view. The directors consider this to be appropriate because the associated costs of maintaining the asset, which are charged to the profit & loss account are more than sufficient to offset any depreciation of the asset, and thus maintain the asset at it's carrying value. |
| This policy of not depreciating freehold property is a departure from the requirement to depreciate in tangible fixed assets in accordance with the Companies Act 2006. However the directors consider this policy necessary for the overriding principle of showing a true & fair view as set out in s396 of the Companies Act 2006. |
| 2. | EMPLOYEES |
| The average number of employees during the year was NIL (2024 - NIL). |
| BENFIELD INVESTMENTS LIMITED (REGISTERED NUMBER: 05121561) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 MAY 2025 |
| 3. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 31 May 2024 |
| and 30 May 2025 |
| AMORTISATION |
| At 31 May 2024 |
| and 30 May 2025 |
| NET BOOK VALUE |
| At 30 May 2025 |
| At 30 May 2024 |
| 4. | TANGIBLE FIXED ASSETS |
| Freehold | Plant and |
| property | machinery | Totals |
| £ | £ | £ |
| COST |
| At 31 May 2024 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 30 May 2025 |
| DEPRECIATION |
| At 31 May 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 30 May 2025 |
| NET BOOK VALUE |
| At 30 May 2025 |
| At 30 May 2024 |
| Included in cost of land and buildings is freehold land of £ 849,977 (2024 - £ 849,977 ) which is not depreciated. |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Prepayments |
| BENFIELD INVESTMENTS LIMITED (REGISTERED NUMBER: 05121561) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 MAY 2025 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| VAT | 3,414 | 711 |
| Other creditors |
| Directors' loan accounts | 636,698 | 636,698 |
| Accrued expenses |