Bene Dc Ltd

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—4

Registered number: 10311481

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		1,555,084		1,555,084

			1,555,084		1,555,084
CURRENT ASSETS
Debtors	5	-		2,255
Cash at bank and in hand		31		23

		31		2,278
Creditors: Amounts Falling Due Within One Year	6	-		(975 )

NET CURRENT ASSETS (LIABILITIES)			31		1,303

TOTAL ASSETS LESS CURRENT LIABILITIES			1,555,115		1,556,387

Creditors: Amounts Falling Due After More Than One Year	7		(733,734 )		(734,927 )

NET ASSETS			821,381		821,460

CAPITAL AND RESERVES
Called up share capital	8		100		100
Income Statement			821,281		821,360

SHAREHOLDERS' FUNDS			821,381		821,460

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Bene Dc Ltd

Statement of Financial Position (continued)

As At 30 April 2026

For the year ending 30 April 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr Paul Rishworth

Director

17 August 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Bene Dc Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10311481 . The registered office is 150 Main Street, Addingham, Ilkley, West Yorkshire, LS29 0LY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

When preparing the financial statements, the directors have made an assessment of the company's ability to continue as a going concern. The company is considered a going concern as the directors have no intention to liquidate the company or to cease trading. In assessing whether the going concern assumption is appropriate, the directors have taken into account all available information about the future, which is at least, but is not limited to, twelve months from the date when the financial statements are authorised for issue.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2025: 4)

4. Investments

	Unlisted
	£
Cost or Valuation
As at 1 May 2025	1,555,084

As at 30 April 2026	1,555,084

Provision
As at 1 May 2025	-

As at 30 April 2026	-

Net Book Value
As at 30 April 2026	1,555,084

As at 1 May 2025	1,555,084

The investment of 100% of the share capital of Advanced Power Technology Limited was initially recognised at fair value, being the transaction price including transaction costs. No impairment is deemed necessary at 30-04-2026 due to the underlying value of the investment and the investment's confirmed future order book.

5. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	-	2,255

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other creditors	-	975

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Bene Dc Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Amounts owed to group undertakings	733,734	734,927

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

9. Related Party Transactions

The company owns 100% of the share capital of subsidiary company Advanced Power Technology Limited. At the year end balances due to Advanced Power Technology Limited were as follows:

Within creditors falling due after more than one year £733,734 (2025 : £734,927)

During the year, the company received dividends totalling £199,418 from Advanced Power Technology Limited (2025 : £98,464).

10. Ultimate Controlling Party

The company's ultimate controlling party is IT Thermal Management Limited by virtue of his ownership of 100% of the issued share capital in the company.

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