THE BEST KETTLES LTD

Company Registration Number:
13084951 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

THE BEST KETTLES LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

THE BEST KETTLES LTD

Company Information

for the Period Ended 31 December 2023




Director: Alfred William Best
Registered office: 1st Floor
70 Hatton Garden
London
England
EC1N 8JT
Company Registration Number: 13084951 (England and Wales)

THE BEST KETTLES LTD

Directors' Report Period Ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal Activities

The purchase and sale of 2nd hand high value Watches

Political and charitable donations

None disclosed

Company policy on the employment of disabled persons

Equal rights

Additional information

The company made a loss due to an unprecedented situation that was not even the fault of the company, this has seriously impacted the future sales.

Directors

The directors shown below have held office during the whole of the period from 01 January 2023 to 31 December 2023
Alfred William Best

This report was approved by the board of directors on 11 October 2024
And Signed On Behalf Of The Board By:

Name: Alfred William Best
Status: Director

THE BEST KETTLES LTD

Profit and Loss Account

for the Period Ended 31 December 2023


Notes

2023
£

2022
£
Gross Profit or (Loss) ( 140,826 ) 47,082
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 103,953 ) ( 32,655 )
Operating Profit or (Loss) ( 244,779 ) 14,427
Profit or (Loss) Before Tax ( 244,779 ) 14,427
Tax on Profit ( 0 ) ( 2,741 )
Profit or (Loss) for Period ( 244,779 ) 11,686

The notes form part of these financial statements

THE BEST KETTLES LTD

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 0 0
Tangible assets: 5 0 0
Total fixed assets: 0 0
Current assets
Stocks: 219,647 753,715
Debtors: 6 0 0
Cash at bank and in hand: 0 0
Total current assets: 219,647 753,715
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 0 ) ( 0 )
Net current assets (liabilities): 219,647 753,715
Total assets less current liabilities: 219,647 753,715
Creditors: amounts falling due after more than one year: ( 0 ) ( 0 )
Provision for liabilities: ( 464,326 ) ( 725,111 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): ( 244,679 ) 28,604

The notes form part of these financial statements

THE BEST KETTLES LTD

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 7 0 0
Profit and loss account: ( 244,779 ) 28,504
Shareholders funds: ( 244,679 ) 28,604

For the year ending 31 December 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 11 October 2024
And Signed On Behalf Of The Board By:

Name: Alfred William Best
Status: Director

The notes form part of these financial statements

THE BEST KETTLES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

THE BEST KETTLES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

THE BEST KETTLES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

THE BEST KETTLES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 4. Intangible assets

    Total
    Cost £
    At 01 January 2023 0
    Additions 0
    Disposals (0)
    Revaluations 0
    Transfers 0
    At 31 December 2023 0
    Amortisation
    Amortisation at 01 January 2023 0
    Charge for year 0
    On disposals (0)
    Other adjustments 0
    Amortisation at 31 December 2023 0
    Net book value
    Net book value at 31 December 2023 0
    Net book value at 31 December 2022 0

THE BEST KETTLES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Tangible Assets

Total
Cost £
At 01 January 2023 0
Additions 0
Disposals (0)
Revaluations 0
Transfers 0
At 31 December 2023 0
Depreciation
At 01 January 2023 0
Charge for year 0
On disposals (0)
Other adjustments 0
At 31 December 2023 0
Net book value
At 31 December 2023 0
At 31 December 2022 0

THE BEST KETTLES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 6. Debtors


    2023
    £

    2022
    £
    Debtors due after more than one year: 0 0

THE BEST KETTLES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Revaluation reserve


2023
£
Balance at 01 January 2023 0
Surplus or deficit after revaluation 0
Balance at 31 December 2023 0