Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 10006040 Mr Aron Goldman Mr Aron Goldman true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10006040 2023-02-28 10006040 2024-02-28 10006040 2023-03-01 2024-02-28 10006040 frs-core:CurrentFinancialInstruments 2024-02-28 10006040 frs-core:Non-currentFinancialInstruments 2024-02-28 10006040 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-02-28 10006040 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-01 2024-02-28 10006040 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-02-28 10006040 frs-core:ShareCapital 2024-02-28 10006040 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 10006040 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 10006040 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 10006040 frs-bus:SmallEntities 2023-03-01 2024-02-28 10006040 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 10006040 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 10006040 frs-bus:OrdinaryShareClass1 2023-03-01 2024-02-28 10006040 frs-bus:OrdinaryShareClass1 2024-02-28 10006040 1 2023-03-01 2024-02-28 10006040 frs-bus:Director1 2023-03-01 2024-02-28 10006040 frs-countries:EnglandWales 2023-03-01 2024-02-28 10006040 2022-02-28 10006040 2023-02-28 10006040 2022-03-01 2023-02-28 10006040 frs-core:CurrentFinancialInstruments 2023-02-28 10006040 frs-core:Non-currentFinancialInstruments 2023-02-28 10006040 frs-core:ShareCapital 2023-02-28 10006040 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28 10006040 frs-bus:OrdinaryShareClass1 2022-03-01 2023-02-28
Registered number: 10006040
THE BEST PROPERTY LTD
Unaudited Financial Statements
For The Year Ended 28 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10006040
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 500,000 500,000
500,000 500,000
CURRENT ASSETS
Cash at bank and in hand 17,901 13,517
17,901 13,517
Creditors: Amounts Falling Due Within One Year 5 (167,283 ) (167,283 )
NET CURRENT ASSETS (LIABILITIES) (149,382 ) (153,766 )
TOTAL ASSETS LESS CURRENT LIABILITIES 350,618 346,234
Creditors: Amounts Falling Due After More Than One Year 6 (367,719 ) (367,719 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,828 ) (2,828 )
NET LIABILITIES (19,929 ) (24,313 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (19,930 ) (24,314 )
SHAREHOLDERS' FUNDS (19,929) (24,313)
Page 1
Page 2
For the year ending 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Aron Goldman
Director
22nd November 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
THE BEST PROPERTY LTD is a private company, limited by shares, incorporated in England & Wales, registered number 10006040 . The registered office is 7 Weissmandel Court, 76 Clapton Common, London, E5 9FA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the rental income received or receivable.

Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold Nil
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Leasehold
£
Cost
As at 1 March 2023 500,000
As at 28 February 2024 500,000
Net Book Value
As at 28 February 2024 500,000
As at 1 March 2023 500,000
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 166,983 166,983
Accruals and deferred income 300 300
167,283 167,283
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 367,719 367,719
Page 3
Page 4
7. Share Capital
2024 2023
Allotted, called up and fully paid £ £
1 Ordinary Shares of £ 1.000 each 1 1
8. Ultimate Controlling Party
The company's ultimate controlling party is Mr Aron Goldman by virtue of his ownership of 100% of the issued share capital in the company.
Page 4