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Company Registration No. 12452639 (England and Wales)
Bestrane Polymer UK Limited Unaudited accounts for the year ended 29 February 2024
Bestrane Polymer UK Limited Unaudited accounts Contents
Page
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Bestrane Polymer UK Limited Company Information for the year ended 29 February 2024
Director
Olajide Taiwo
Company Number
12452639 (England and Wales)
Registered Office
NBV Enterprise Centre David Lane Nottingha, Nottinghamshire NG6 0JU United Kingdom
Accountants
Jacksons Accountants Limited Oak House Samuel Brunts Way Mansfield NG18 2AH
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Bestrane Polymer UK Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
- 
9,447 
Debtors
- 
120,690 
Cash at bank and in hand
(7,174)
(7,208)
(7,174)
122,929 
Creditors: amounts falling due within one year
6,811 
(81,730)
Net current (liabilities)/assets
(363)
41,199 
Total assets less current liabilities
(363)
41,199 
Creditors: amounts falling due after more than one year
(35,286)
(40,841)
Net (liabilities)/assets
(35,649)
358 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(35,749)
258 
Shareholders' funds
(35,649)
358 
For the year ending 29 February 2024 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 director acknowledges his 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 and authorised for issue on 17 April 2024 and were signed on its behalf by
Olajide Taiwo Director Company Registration No. 12452639
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Bestrane Polymer UK Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Bestrane Polymer UK Limited is a private company, limited by shares, registered in England and Wales, registration number 12452639. The registered office is NBV Enterprise Centre, David Lane, Nottingha,, Nottinghamshire, NG6 0JU, 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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
116,234 
Other debtors
- 
4,456 
- 
120,690 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
79,013 
Other creditors
2,954 
15,921 
Loans from directors
(9,765)
(13,204)
(6,811)
81,730 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
35,286 
40,841 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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