BEST IN SCOTLAND LIMITED

Company Registration Number:
SC493949 (Scotland)

Unaudited micro entity accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

BEST IN SCOTLAND LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

BEST IN SCOTLAND LIMITED

Company Information

for the Period Ended 31 December 2021




Director: Satnam Kaur Singh
Registered office: 2/3
North Bank Street
Edinburgh
GB-SCT
EH1 2LP
Company Registration Number: SC493949 (Scotland)

BEST IN SCOTLAND LIMITED

Directors' Report Period Ended 31 December 2021

The directors present their report with the financial statements of the company for the period ended 31 December 2021

Principal Activities

Retail sale in specialist stores

Directors

The directors shown below have held office during the whole of the period from 01 January 2021 to 31 December 2021
Satnam Kaur Singh

This report was approved by the board of directors on 14 September 2022
And Signed On Behalf Of The Board By:

Name: Satnam Kaur Singh
Status: Director

BEST IN SCOTLAND LIMITED

Profit and Loss Account

for the Period Ended 31 December 2021


2021
£

2020
£
Turnover 45,663 59,150
Income from coronavirus (COVID-19) business support grants 22,818 33,228
Cost of Materials ( 15,201 ) ( 44,513 )
Staff Costs ( 16,959 ) ( 16,214 )
Depreciation and Writeoffs ( 900 ) ( 900 )
Other charges ( 37,423 ) ( 31,218 )
Profit or (Loss) for Period ( 2,002 ) ( 467 )

BEST IN SCOTLAND LIMITED

Balance sheet

As at 31 December 2021


2021
£

2020
£
Called up share capital not paid: 1 1
Fixed Assets: 1,800 2,700
Current assets: 125,969 126,757
Creditors: amounts falling due within one year: ( 1,688 )
Net current assets (liabilities): 124,281 126,757
Total assets less current liabilities: 126,082 129,458
Creditors: amounts falling due after more than one year: ( 130,730 ) ( 132,104 )
Total net assets (liabilities): ( 4,648 ) ( 2,646 )
Capital and reserves: ( 4,648 ) ( 2,646 )

BEST IN SCOTLAND LIMITED

Balance sheet continued

For the year ending 31 December 2021 the company was entitled to exemption 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 14 September 2022
And Signed On Behalf Of The Board By:

Name: Satnam Kaur Singh
Status: Director

The notes form part of these financial statements

BEST IN SCOTLAND LIMITED

Footnotes to the Financial Statements

for the Period Ended 31 December 2021

  • 1. Employee Information

    Average number of employees: 2

BEST IN SCOTLAND LIMITED

Footnotes to the Financial Statements

for the Period Ended 31 December 2021

  • 2. Off balance sheet disclosure

    No