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Company Registration No. 10041667 (England and Wales)
Benedict Commercial Estates Ltd Unaudited accounts for the year ended 31 March 2026
Benedict Commercial Estates Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Benedict Commercial Estates Ltd Company Information for the year ended 31 March 2026
Director
Hugo Paice
Company Number
10041667 (England and Wales)
Registered Office
42a Museum St London WC1A 1LT England
- 3 -
Benedict Commercial Estates Ltd Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
557
6,189,762
Current assets
Debtors
5
1,011,527
100,360
Cash at bank and in hand
683
28,461
1,012,210
128,821
Creditors: amounts falling due within one year
6
(5,853)
(1,626,046)
Net current assets/(liabilities)
1,006,357
(1,497,225)
Total assets less current liabilities
1,006,914
4,692,537
Creditors: amounts falling due after more than one year
7
-
(2,487,918)
Net assets
1,006,914
2,204,619
Capital and reserves
Called up share capital
100
100
Profit and loss account
1,006,814
2,204,519
Shareholders' funds
1,006,914
2,204,619
For the year ending 31 March 2026 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 June 2026 and were signed on its behalf by
Hugo Paice Director Company Registration No. 10041667
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Benedict Commercial Estates Ltd Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Benedict Commercial Estates Ltd is a private company, limited by shares, registered in England and Wales, registration number 10041667. The registered office is 42a Museum St, London, WC1A 1LT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not depreciated
Fixtures & fittings
Straight line - 33%
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2025
6,188,649
4,071
6,192,720
Disposals
(6,188,649)
-
(6,188,649)
At 31 March 2026
-
4,071
4,071
Depreciation
At 1 April 2025
-
2,958
2,958
Charge for the year
-
556
556
At 31 March 2026
-
3,514
3,514
Net book value
At 31 March 2026
-
557
557
At 31 March 2025
6,188,649
1,113
6,189,762
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Benedict Commercial Estates Ltd Notes to the Accounts for the year ended 31 March 2026
5
Debtors
2026
2025
£
£
Amounts falling due within one year
VAT
1,977
-
Amounts due from group undertakings etc.
15,450
90,450
Accrued income and prepayments
-
9,910
Other debtors
994,100
-
1,011,527
100,360
6
Creditors: amounts falling due within one year
2026
2025
£
£
VAT
-
27,811
Taxes and social security
3,803
61,285
Loans from directors
-
1,534,900
Accruals
2,050
2,050
5,853
1,626,046
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
-
2,487,918
Bank loans are secured against the company's investment property.
8
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Hugo Paice
Loan to director
-
994,100
-
994,100
-
994,100
-
994,100
9
Controlling party
The company was controlled throughout the period by its director, Mr Hugo Paice.
10
Average number of employees
During the year the average number of employees was 1 (2025: 1).
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