Benvue Developments Limited Accounts






Benvue Developments Limited

	Company No. 08118348
		Information for Filing with The Registrar
		30 June 2025

The Director presents his report and the accounts for the year ended 30 June 2025.

Principal activities
The principal activity of the company during the year under review was property management and development .




Director

The Director who served at any time during the year was as follows:

Ashraf Atif









































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

Ashraf Atif
Director
29 May 2025

at	30 June 2025
Company No.		08118348	Notes	2025	2024
				£	£
Fixed assets


	Investment property		4	525,000	525,000

				525,000	525,000
Current assets

	Debtors		5	453,270	66,300

	Cash at bank and in hand			9,046	17,625
				462,316	83,925
Creditors: Amount falling due within one year			6	(539,691)	(515,515)
Net current liabilities				(77,375)	(431,590)
Total assets less current liabilities				447,625	93,410
Creditors: Amounts falling due after more than one year			7	(397,555)	-
Provisions for liabilities
	Deferred taxation			(5,000)	(5,000)

Net assets				45,070	88,410

Capital and reserves
	Called up share capital			200	200

	Fair Value Reserve		9	37,028	37,028

	Profit and loss account		9	7,842	51,182

Total equity				45,070	88,410



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 30 June 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 29 May 2025 and signed on its behalf by:
Ashraf Atif
Director
29 May 2025

for the year ended 30 June 2025

General information

Benvue Developments Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 08118348

Its registered office is:

21 Ravens Wood

Bolton

BL1 5TL

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Going concern

The financial statements have been prepared on the going concern basis. The director is not aware of any material threats to the ability of the company to continue to trade for the foreseeable future.

Accounting policies

Turnover

Turnover is the fair value of rent receivable for the period.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

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

Motor vehicles

25% Reducing balance

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 profit and loss account because of items of income or expense that are taxable or deductible in other years 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 temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary 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.

Current or deferred tax for the year is recognised in profit or loss, except when they relate 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.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Financial instruments

Financial assets

Basic financial assets, including trade and other receivables and cash and bank balances, are recognised and carried forward at transaction price. Financial assets are derecognised when:

(a) The contractual rights to the cash flows from the asset expire or are settled;

(b) Substantially all the risks and rewards of the ownership of the asset are transferred to another party; or

(c) Control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities

Basic financial liabilities, including trade and other payables, and loans from third parties are initially recognised and carried forward at transaction price.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

The company has only financial assets and financial liabilities of a kind that qualify as a basic financial instruments. Basic financial instruments are recognised initially at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest rate method.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	1	1

4	Investment property
			Freehold Investment Property
			£
		Valuation
		At 1 July 2024	525,000



		At 30 June 2025	525,000


		The company's freehold investment property was revalued by the director, on an existing use basis on 30 June 2024.The director considers that there has been no significant movement in the market value of the company's investment property since that date

5	Debtors
			2025	2024
			£	£
		Trade debtors	5,000	-





		Other debtors	447,920	65,600
		Prepayments and accrued income	350	700
			453,270	66,300

6	Creditors:
		amounts falling due within one year
			2025	2024
			£	£






		Taxes and social security	140	4,463
		Loans from directors	511,338	507,921
		Other creditors	22,982	-
		Accruals and deferred income	5,231	3,131
			539,691	515,515

7	Creditors:
		amounts falling due after more than one year
			2025	2024
			£	£

		Bank loans and overdrafts	397,555	-






			397,555	-

Share Capital

Share capital consists of 200 Ordinary Shares of £1 each, which are fully paid.

9	Reserves
			Fair Value Reserve	Total other reserves
			£	£
		At 1 July 2023	18,278	18,278
		Movement on fair value reserve	18,750	18,750


		At 30 June 2024 and 1 July 2024	37,028	37,028



		At 30 June 2025	37,028	37,028

		Fair value reserve - reflects the revaluation of investment properties.


		Profit and loss account - includes all current and prior period retained profits and losses.

Related party transactions

The director is also a director of two other companies with which the company has entered into transactions.

The details of these are as follows:

1. With the first company

The company has made a loan to this company of £20,000 (2024 £20,000)

2. With the second company

The company has made a loan to this company of £424,817 (2024 £45,600)

The balances are unsecured, free of interest and are repayable upon demand.

11	Dividends
			2025	2024
			£	£
		Dividends for the period:
		Dividends paid in the period	30,000	32,000

			30,000	32,000

		Dividends by type:

		Equity dividends	30,000	32,000
			30,000	32,000