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Company Registration No. 11371383 (England and Wales)
BEST BUY CARS LIMITED Unaudited accounts for the year ended 31 May 2024
BEST BUY CARS LIMITED Unaudited accounts Contents
Page
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BEST BUY CARS LIMITED Company Information for the year ended 31 May 2024
Director
Hassan Pervaiz
Company Number
11371383 (England and Wales)
Registered Office
The Winning Box, 27 - 37 Station Road, Hayes, United Kingdom, UB3 4DX
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BEST BUY CARS LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
10,724 
19,963 
Cash at bank and in hand
2,011 
333 
12,735 
20,296 
Creditors: amounts falling due within one year
(4,799)
(2,838)
Net current assets
7,936 
17,458 
Total assets less current liabilities
7,936 
17,458 
Creditors: amounts falling due after more than one year
(12,076)
(14,663)
Net (liabilities)/assets
(4,140)
2,795 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
(4,143)
2,792 
Shareholders' funds
(4,140)
2,795 
For the year ending 31 May 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 26 February 2025 and were signed on its behalf by
Hassan Pervaiz Director Company Registration No. 11371383
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BEST BUY CARS LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
BEST BUY CARS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11371383. The registered office is The Winning Box, , 27 - 37 Station Road, , Hayes, , United Kingdom,, UB3 4DX.
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
10,724 
19,963 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
3,270 
2,149 
Taxes and social security
686 
(61)
Loans from directors
93 
- 
Accruals
750 
750 
4,799 
2,838 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
12,076 
14,663 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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