2022-06-01 12593747 2023-05-31 12593747 2022-06-01 2023-05-31 12593747 2022-05-31 12593747 2021-06-01 2022-05-31 12593747 uk-core:WithinOneYear 2022-05-31 12593747 uk-core:WithinOneYear 2023-05-31 12593747 uk-core:ShareCapital 2023-05-31 12593747 uk-core:ShareCapital 2022-05-31 12593747 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 12593747 uk-core:RetainedEarningsAccumulatedLosses 2022-05-31 12593747 uk-bus:Director1 2022-06-01 2023-05-31 12593747 uk-core:ComputerEquipment 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure 12593747 uk-bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 12593747 uk-bus:FRS102 2022-06-01 2023-05-31 12593747 uk-bus:FullAccounts 2022-06-01 2023-05-31 12593747 uk-bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31
Bestelec Ltd
Registered Number:12593747
For the year ended 31 May 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2023
Bestelec Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
12593747
As at 31 May 2023
Bestelec Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
1,057
732
2
1,057
732
Current assets
Trade and other receivables
1,153
10,490
3
37,628
Cash and cash equivalents
22,059
32,549
38,781
Trade and other payables: amounts falling due within one
year
(9,152)
(5,052)
4
29,629
27,497
Net current assets
Total assets less current liabilities
28,554
30,361
28,554
Net assets
30,361
Capital and reserves
Called up share capital
2
2
Retained earnings
28,552
30,359
28,554
30,361
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Krzysztof Niemiec Director
These financial statements were approved and authorised for issue by the Board on 23 November 2023 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 May 2023
Bestelec Ltd
Notes to the Financial Statements
Statutory Information
Bestelec Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
12593747.
Registered address:
377A Middleton Road
Carshalton
SM5 1HT
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33 Straight line
Computer Equipment
2. Property, plant and equipment
Computer
Equipment
£
Cost or
valuation
At 01 June 2022
1,374
933
Additions
At 31 May 2023
2,307
Provision for depreciation and impairment
At 01 June 2022
642
Charge for year
608
At 31 May 2023
1,250
At 31 May 2023
Net book value
1,057
At 31 May 2022
732
2 of 3
5
For the year ended 31 May 2023
Bestelec Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2022
2023
£
£
Trade debtors
4,628
831
Other debtors
5,862
322
1,153
10,490
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
508
1,351
Taxation and social security
2,323
5,317
Other creditors
2,221
2,484
5,052
9,152
5. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
3 of 3