Company registration number: 16017385
Annual report and unaudited financial statements
for the period ended 31 October 2025
for
Benbex Ltd
Pages for filing with the Registrar
Company registration number: 16017385
Benbex Ltd
Balance sheet
as at 31 October 2025
Note £ £
Fixed assets
Investment property 4 120,000
120,000
Current assets
Debtors (1,500)
(1,500)
Creditors: amounts falling due within one year
(700)
Net current liabilities (2,200)
Total assets less current liabilities 117,800
Creditors: Amounts falling due after more than one year
5 (138,126)
NET LIABILITIES (20,326)
Capital and reserves
Called up share capital (100)
Profit and loss account (20,226)
TOTAL EQUITY (20,326)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 31 October 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 16017385
Benbex Ltd
Balance sheet - continued
as at 31 October 2025
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 14 October 2026 and signed on its behalf by:
Ms Y Ben Brahim, Director Mr A Ben Brahim, Director
14 October 2026 14 October 2026
2
Benbex Ltd
Notes to the financial statements
for the period ended 31 October 2025
1 Company information
Benbex Ltd is a private company registered in England and Wales. Its registered number is 16017385. The company is limited by shares. Its registered office is 3 Hardman Square, Spinningfields,, Manchester, M3 3EB.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
At 31 October 2025 the company had net liabilities of had net liabilities of £20,126. Alex & Co Limited, a company under common control, has confirmed it will not seek repayment of amounts owed to it for at least 12 months from the date of approval of these financial statements, to the extent that this would leave the company unable to pay its other creditors. The directors therefore consider it appropriate to prepare the financial statements on a going concern basis.
Changes in accounting policies
Investment property is carried at fair value determined annually by the directors and derived from current market prices for comparable real estate. Investment property is initially measured at cost, including transaction costs. Changes in fair value are recognised in profit or loss.
Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
3 Average number of employees
During the period the average number of employees was Nil.
4 Investment property
£
Valuation
Additions 127,963
Revaluations (7,963)
At 31 October 2025 120,000
3
Benbex Ltd
Notes to the financial statements - continued
for the period ended 31 October 2025
5 Creditors: amounts falling due after more than one year
£
Other loans 138,126
6 Related party transactions
During the period Alex & Co Limited, a company under the common control of the directors, advanced £138,726 to the company to fund the purchase of, and repairs to, the investment property. The loan is interest-free, unsecured and repayable on demand. At 31 October 2025 £138,726 was owed to Alex & Co Limited.
7 Fair value adjustment
The investment property was valued at 31 October 2025 by the directors, who are not independent valuers, on an open market value basis. The valuation reflects the arm’s length purchase price in June 2025 and market evidence of transaction prices for similar properties. If the investment property had been accounted for under the historical cost accounting rules, it would have been measured at £127,963
4