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Company Registration No. 02952645 (England and Wales)
Best Limited Filleted Accounts for the year ended 31 December 2024
Best Limited Filleted Accounts Contents
Page
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Best Limited Company Information for the year ended 31 December 2024
Director
Mr Y Shoota
Company Number
02952645 (England and Wales)
Registered Office
101 Hodford Road Golders Green London NW11 8EH
Accountants
Lacome & Co Chartered Accountants Sapphire House 73 St.Margarets Avenue London N20 9LD
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Best Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,870,608 
5,800,287 
Current assets
Debtors
34 
13 
Cash at bank and in hand
199,296 
150,299 
199,330 
150,312 
Creditors: amounts falling due within one year
(643,461)
(661,574)
Net current liabilities
(444,131)
(511,262)
Total assets less current liabilities
5,426,477 
5,289,025 
Creditors: amounts falling due after more than one year
(3,847)
(13,548)
Net assets
5,422,630 
5,275,477 
Capital and reserves
Called up share capital
4,720,738 
4,720,738 
Profit and loss account
701,892 
554,739 
Shareholders' funds
5,422,630 
5,275,477 
For the year ending 31 December 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 16 May 2025 and were signed on its behalf by
Mr Y Shoota Director Company Registration No. 02952645
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Best Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Best Limited is a private company, limited by shares, registered in England and Wales, registration number 02952645. The registered office is 101 Hodford Road, Golders Green, London, NW11 8EH.
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.
Turnover
Turnover represents net invoiced rents receivable, excluding Value Added Tax.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Over the period of the Lease.
Motor vehicles
Reducing balance method at 20% per annum.
Fixtures & fittings
Reducing balance method at 20% per annum.
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
5,779,529 
2,950 
26,589 
5,809,068 
Additions
74,728 
- 
799 
75,527 
At 31 December 2024
5,854,257 
2,950 
27,388 
5,884,595 
Depreciation
At 1 January 2024
2,253 
590 
5,938 
8,781 
Charge for the year
444 
472 
4,290 
5,206 
At 31 December 2024
2,697 
1,062 
10,228 
13,987 
Net book value
At 31 December 2024
5,851,560 
1,888 
17,160 
5,870,608 
At 31 December 2023
5,777,276 
2,360 
20,651 
5,800,287 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
34 
13 
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Best Limited Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,320 
10,620 
Taxes and social security
48,651 
53,491 
Other creditors
3,989 
3,989 
Loans from directors
576,301 
589,274 
Accruals
4,200 
4,200 
643,461 
661,574 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
3,847 
13,548 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
4,720,738 Ordinary shares of £1 each
4,720,738 
4,720,738 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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