ACCOUNTS - Final Accounts preparation

Registered number: 14604076

BENCH WALK ADVISORS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2023

BENCH WALK ADVISORS LIMITED

REGISTERED NUMBER: 14604076

BALANCE SHEET

AS AT 31 DECEMBER 2023

		2023
Note		£


Current assets
Debtors: amounts falling due within one year	4	45,646
Cash at bank and in hand	5	71,431
		117,077
Creditors: amounts falling due within one year	6	(4,260)
Net current assets			112,817
Total assets less current liabilities			112,817

Net assets			112,817

Capital and reserves
Called up share capital	7	1
Profit and loss account		112,816
		112,817

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question 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 financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

S Grant

Director

Date: 1 June 2026

The notes on pages 2 to 5 form part of these financial statements.

Page 1

BENCH WALK ADVISORS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2023

1.	General information

Bench Walk Advisors Limited is a private company, limited by share capital and incorporated in England and Wales.

The Company's registered office is 1 Bow Lane, London, EC4M 9EE.
The Company was incorporated on 19 January 2023 and commenced trading on the same date.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 2

BENCH WALK ADVISORS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.6

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.

Employees

The average monthly number of employees, including directors, during the period was 7.

Page 3

BENCH WALK ADVISORS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2023

Debtors

					2023
					£


	Amounts owed by group undertakings	45,646

The amounts owed by group undertakings are non-interest bearing and repayable on demand.

5.	Cash and cash equivalents
		2023
		£

	Cash at bank and in hand	71,431

6.	Creditors: Amounts falling due within one year
		2023
		£

	Accruals and deferred income	4,260
		4,260

7.	Share capital
		2023
		£

		Allotted, called up and fully paid

		1 Ordinary share of £1.00	1

Upon incorporation, 1 Ordinary share was issued with a nominal value of £1.

8.	Commitments under operating leases
	At 31 December 2023 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
		2023
		£

	Not later than 1 year	40,625
		40,625

Page 4

BENCH WALK ADVISORS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2023

9.	Controlling party

The Company is controlled by the sole shareholder Bench Walk Advisors LLC, a company registered in Delaware, USA.

Page 5