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REGISTERED NUMBER: 10309096 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Best Distribution Services Ltd

Best Distribution Services Ltd (Registered number: 10309096)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Best Distribution Services Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTOR: J R Hankin





REGISTERED OFFICE: Moseley Hall Farm
Chelford Road
Knutsford
Cheshire
WA16 8RB





REGISTERED NUMBER: 10309096 (England and Wales)





ACCOUNTANTS: Jennions Macken Ltd
Suite 1, Foundry House
Waterside Lane
Widnes
Cheshire
WA8 8GT

Best Distribution Services Ltd (Registered number: 10309096)

Abridged Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £   
CURRENT ASSETS
Debtors 219,452 135,801
Cash at bank 37,150 45,396
256,602 181,197
CREDITORS
Amounts falling due within one year 135,075 137,877
NET CURRENT ASSETS 121,527 43,320
TOTAL ASSETS LESS CURRENT
LIABILITIES

121,527

43,320

CAPITAL AND RESERVES
Called up share capital 5 1 1
Retained earnings 121,526 43,319
SHAREHOLDERS' FUNDS 121,527 43,320

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Best Distribution Services Ltd (Registered number: 10309096)

Abridged Balance Sheet - continued
31 August 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 August 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 May 2025 and were signed by:





J R Hankin - Director


Best Distribution Services Ltd (Registered number: 10309096)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Best Distribution Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
At the time of approving the financial statements, the director has a reasonable expectation the company has adequate resources and continued support from its ultimate parent to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


Best Distribution Services Ltd (Registered number: 10309096)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

2. ACCOUNTING POLICIES - continued
Taxation
The tax expense represents the sum of the current tax expense and deferred tax expense. Current tax assets are recognised when tax paid exceeds the tax payable.

Current and deferred tax is charged or credited to profit or loss, except when it relates to items charged or credited to other comprehensive income or equity, when the tax follows the transaction or event it relates to and is also charged or credited to other comprehensive income, or equity.

Current tax assets and current tax liabilities and deferred tax assets and deferred tax liabilities are offset, if and only if, there is a legally enforceable right to set off the amounts and the entity intends either to settle on the net basis or to realise the asset and settle the liability simultaneously.

Current tax is based on taxable profit for the year. Current tax assets and liabilities are measured using tax rates that have been enacted or substantively enacted by the reporting date.

Deferred tax is calculated at the tax rates that are expected to apply to the period when the asset is realised or the liability is settled based on tax rates that have been enacted or substantively enacted by the reporting date.

Deferred tax liabilities are recognised in respect of all timing differences that exist at the reporting date. Timing differences are differences between taxable profits and total comprehensive income that arise from the inclusion of income and expenses in tax assessments in different periods from their recognition in the financial statements. Deferred tax assets are recognised only to the extent that it is probable that they will be recovered by the reversal of deferred tax liabilities or other future taxable profits

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2023
and 31 August 2024 3,513
DEPRECIATION
At 1 September 2023
and 31 August 2024 3,513
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 -

Best Distribution Services Ltd (Registered number: 10309096)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
1 Ordinary 1 1 1

Ordinary shares

The company‘s ordinary shares, which carry no right to fixed income, each carry the right to one vote at general meetings of the company

6. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', including the provisions of Section 1A "Small Entities", not to disclose related party transactions. The transactions have been considered, and deemed to fall within the exemption.