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Company Registration No. 09588069 (England and Wales)
Best Environmental Solutions Ltd Unaudited accounts for the year ended 31 May 2023
Best Environmental Solutions Ltd Unaudited accounts Contents
Page
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Best Environmental Solutions Ltd Company Information for the year ended 31 May 2023
Directors
Mr Samuel Hunkin Mr James England
Company Number
09588069 (England and Wales)
Registered Office
Bay 1 and 2 Unit 1 Rawreth Industrial Estate Rayleigh Essex SS6 9RL United Kingdom
Accountants
Davies & Co Unit C Prout Industrial Estate Point Road Canvey Island Essex SS8 7TJ
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Best Environmental Solutions Ltd Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
127,341 
196,514 
Current assets
Debtors
174,434 
125,404 
Cash at bank and in hand
27,581 
7,694 
202,015 
133,098 
Creditors: amounts falling due within one year
(88,329)
(280,090)
Net current assets/(liabilities)
113,686 
(146,992)
Total assets less current liabilities
241,027 
49,522 
Creditors: amounts falling due after more than one year
(202,469)
- 
Provisions for liabilities
Deferred tax
(24,195)
(37,338)
Net assets
14,363 
12,184 
Capital and reserves
Called up share capital
102 
102 
Profit and loss account
14,261 
12,082 
Shareholders' funds
14,363 
12,184 
For the year ending 31 May 2023 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 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 of Directors and authorised for issue on 8 November 2023 and were signed on its behalf by
Mr Samuel Hunkin Director Company Registration No. 09588069
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Best Environmental Solutions Ltd Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Best Environmental Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 09588069. The registered office is Bay 1 and 2, Unit 1 Rawreth Industrial Estate, Rayleigh, Essex, SS6 9RL, United Kingdom.
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:
Plant & machinery
20% S/L
Motor vehicles
20% S/L
Fixtures & fittings
20% S/L
Computer equipment
20% S/L
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Best Environmental Solutions Ltd Notes to the Accounts for the year ended 31 May 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 June 2022
254,089 
38,245 
2,721 
1,392 
296,447 
Additions
76,600 
- 
3,652 
2,874 
83,126 
Disposals
(161,089)
- 
- 
- 
(161,089)
At 31 May 2023
169,600 
38,245 
6,373 
4,266 
218,484 
Depreciation
At 1 June 2022
67,655 
29,047 
2,185 
1,046 
99,933 
Charge for the year
33,920 
4,599 
999 
747 
40,265 
On disposals
(49,055)
- 
- 
- 
(49,055)
At 31 May 2023
52,520 
33,646 
3,184 
1,793 
91,143 
Net book value
At 31 May 2023
117,080 
4,599 
3,189 
2,473 
127,341 
At 31 May 2022
186,434 
9,198 
536 
346 
196,514 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
22,125 
13,762 
Trade debtors
152,309 
111,642 
174,434 
125,404 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
74,474 
58,116 
Taxes and social security
11,868 
13,229 
Other creditors
312 
- 
Loans from directors
- 
207,070 
Accruals
1,675 
1,675 
88,329 
280,090 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
202,469 
- 
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Best Environmental Solutions Ltd Notes to the Accounts for the year ended 31 May 2023
8
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
24,195 
37,338 
2023 
2022 
£ 
£ 
Provision at start of year
37,338 
30,653 
(Credited)/charged to the profit and loss account
(13,143)
6,685 
Provision at end of year
24,195 
37,338 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
102 Ordinary shares of £1 each
102 
102 
10
Average number of employees
During the year the average number of employees was 7 (2022: 7).
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