REGISTERED NUMBER: 03903360 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

BENBOW INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S. T. A. Dodd-Noble

REGISTERED OFFICE:

Flat A

17-18 Smith Street

London

London

SW3 4EH

REGISTERED NUMBER:

03903360 (England and Wales)

ACCOUNTANTS:

Bronsens Accountants Limited

Chartered Certified Accountants

Hillside

Albion Street

Chipping Norton

Oxfordshire

OX7 5BH

FIXED ASSETS

Tangible assets

4

541

10,330

Investment property

5

947,096

947,096

947,637

957,426

CURRENT ASSETS

Stocks

6

669,995

450,649

Debtors: amounts falling due within one year

7

38,346

-

Investments

8

1,149,883

1,216,499

Cash at bank

35,343

306,334

1,893,567

1,973,482

CREDITORS

Amounts falling due within one year

9

460,741

688,812

NET CURRENT ASSETS

1,432,826

1,284,670

TOTAL ASSETS LESS CURRENT LIABILITIES

2,380,463

2,242,096

CAPITAL AND RESERVES

Called up share capital

11

1,000

1,000

Retained earnings

2,379,463

2,241,096

SHAREHOLDERS' FUNDS

2,380,463

2,242,096

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 October 2026 and were signed by:

Mr S. T. A. Dodd-Noble - Director

1.	STATUTORY INFORMATION

Benbow Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 historical cost convention.

These accounts have been prepared on a going concern basis on the assumption that the director will continue to support the company for the foreseeable future.

Turnover

Turnover represents the invoiced value of rents received.

Tangible fixed assets

Motor Vehicles

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life - 25% Reducing balance.

Freehold Land & property

In the opinion of the directors the residual value of the freehold land & property is not materially different to the current value, and therefore no depreciation has been provided.

Investments

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Investments

Investments are recorded on the balance sheet at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 November 2024

152,854

-

152,854

Additions

-

721

721

At 31 October 2025

152,854

721

153,575

DEPRECIATION

At 1 November 2024

142,524

-

142,524

Charge for year

10,330

180

10,510

At 31 October 2025

152,854

180

153,034

NET BOOK VALUE

At 31 October 2025

-

541

541

At 31 October 2024

10,330

-

10,330

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

947,096

NET BOOK VALUE

At 31 October 2025

947,096

At 31 October 2024

947,096

6.

STOCKS

31.10.25

31.10.24

£

£

Work-in-progress

669,995

450,649

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

47

-

Other debtors

30,000

-

VAT

5,191

-

Prepayments

3,108

-

38,346

-

8.	CURRENT ASSET INVESTMENTS

31.10.25

31.10.24

£

£

Other

1,149,883

1,216,499

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

54,652

31,788

Corporation Tax

326,366

575,931

Social security and other taxes

771

542

Pension

286

247

VAT

-

1,243

Other creditors

10,305

10,305

Accruals and deferred income

68,361

68,756

460,741

688,812

10.	SECURED DEBTS

Atom Bank PLC hold a charge dated 16/05/2026 by way of first legal mortgage, on the investment property of 45-50, shrivenham hundred business park, majors road, watchfield, swindon as registered at the land registry with title number ON269369.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

810

Ordinary A

£1

810

810

190

Ordinary B

£1

190

190

1,000

1,000

12.	ULTIMATE CONTROLLING PARTY

The company was under the joint control of Mr and Mrs Dodd Noble by virtue of their shareholdings.