Benburb Holdings Ltd iXBRL

Company Registration Number: NI641006

Benburb Holdings Ltd

Unaudited Financial Statements

for the financial year ended 30 September 2025

Benburb Holdings Ltd

Company Registration Number: NI641006

BALANCE SHEET

as at 30 September 2025

		2025	2024
	Notes	£	£

Fixed Assets

Tangible assets

130,000

115,000

─────────

Current Assets

Debtors

280,341

265,836

Cash and cash equivalents

3,450

6,341

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283,791

272,177

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Creditors: amounts falling due within one year

(16,090)

(5,974)

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Net Current Assets

267,701

266,203

─────────

Total Assets less Current Liabilities

397,701

381,203

Creditors:

amounts falling due after more than one year

(11,997)

Provisions for liabilities

(9,105)

(5,355)

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Net Assets

376,599

375,848

═════════

Capital and Reserves

Called up share capital

Retained earnings

376,579

375,828

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Equity attributable to owners of the company

376,599

375,848

═════════

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 company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Director's Report.

For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 3 April 2026



________________________________
Mr. Daithi Conlon
Director

Benburb Holdings Ltd

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 30 September 2025

General Information

Benburb Holdings Ltd is a company limited by shares incorporated in Northern Ireland. 177 Derryfubble Road, Dungannon, Co Tyrone, BT71 7PS, Northern Ireland is the registered office, which is also the principal place of business of the company. . The principal activity of the company is that of an investment company. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the year ended 30 September 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Investment properties

Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business.

Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Profit and Loss Account as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Profit and Loss Account.

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 except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

Provisions

Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Ordinary share capital

The ordinary share capital of the company is presented as equity.


3.	Tangible assets
		Investment	Total
		properties

		£	£
	Cost or Valuation
	At 1 October 2024	115,000	115,000
	Revaluation	15,000	15,000
		─────────	─────────
	At 30 September 2025	130,000	130,000
		─────────	─────────
	Depreciation
	At 1 October 2024	-	-
		─────────	─────────
	At 30 September 2025	-	-
		─────────	─────────
	Net book value
	At 30 September 2025	130,000	130,000
		═════════	═════════
	At 30 September 2024	115,000	115,000
		═════════	═════════


4.	Debtors	2025	2024
		£	£

	Amounts owed by connected parties (Note 10)	280,341	265,836
		═════════	═════════


5.	Creditors	2025	2024
	Amounts falling due within one year	£	£

	Taxation (Note 7)	3,257	5,474
	Other creditors	12,333	-
	Accruals	500	500
		─────────	─────────
		16,090	5,974
		═════════	═════════


6.	Creditors	2025	2024
	Amounts falling due after more than one year	£	£

	Director's loan accounts	11,997	-
		═════════	═════════


7.	Taxation	2025	2024
		£	£

	Creditors:
	Corporation tax	3,174	5,474
	PAYE / NI	83	-
		─────────	─────────
		3,257	5,474
		═════════	═════════

Provisions for liabilities

The amounts provided for deferred taxation are analysed below:

Property

Total

Total

revaluations

2025

2024

At financial year start

5,355

5,355

4,101

Charged to profit and loss

3,750

3,750

1,254

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At financial year end

9,105

5,355

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Capital commitments

The company had no material capital commitments at the financial year-ended 30 September 2025.

10.

Related party transactions

The company has availed of the exemption under FRS 102 Section 1A in relation to the disclosure of transactions with group undertakings.

Balance

Movement

Balance

Maximum

2025

in year

2024

in year

Conlect Holdings Ltd

280,341

14,505

265,836

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The director in Benburb Holdings Ltd is also a director of Conlect Holdings Ltd. At the start of the year Conlect Holdings Ltd owed Benburb Holdings Ltd £265,836. During the year, Benburb Holdings Ltd charged interest of £14,505. At the year end Conlect Holdings Ltd owes Benburb Holdings Ltd £280,341 (2024: £265,836) and this is included in the debtors section of the balance sheet.

In the opinion of the director these amounts arise in the ordinary course of business and the terms of the amounts due are in accordance with the terms ordinarily offered by the company.

The director of Benburb Holdings Ltd and his wife had an opening loan balance of £0. During the year the company borrowed £24,010 and repaid £13. At the year end, the director and his wife are owed £23,997 (2024:£0) from Benburb Holdings Ltd and this is included in the creditors section of the balance sheet.

11.

Post-Balance Sheet Events

There have been no significant events affecting the company since the financial year-end.