REGISTERED NUMBER: 03715859 (England and Wales)

Financial Statements for the Year Ended 28 February 2025

for

Bessfame Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr S Hathi

Mr V R Ghedia

SECRETARY:

Mrs A Hathi

REGISTERED OFFICE:

Unit 4

Bradfield Road

Ruislip

Middlesex

HA4 0NU

REGISTERED NUMBER:

03715859 (England and Wales)

ACCOUNTANTS:

Nielsens

Chartered Accountants

The Gatehouse

453 Cranbrook Road

Ilford

Essex

IG2 6EW

FIXED ASSETS

Investment property

4

-

300,000

CURRENT ASSETS

Debtors

257

7,457

Cash at bank

468,280

17,850

468,537

25,307

CREDITORS

Amounts falling due within one year

654,537

579,988

NET CURRENT LIABILITIES

(186,000

)

(554,681

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(186,000

)

(254,681

)

CAPITAL AND RESERVES

Called up share capital

100

100

Other reserves

-

12,214

Retained earnings

(186,100

)

(266,995

)

(186,000

)

(254,681

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Balance Sheet for the year ended 28 February 2025 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 Board of Directors and authorised for issue on 19 June 2025 and were signed on its behalf by:

Mr S Hathi - Director

1.	STATUTORY INFORMATION

Bessfame Limited 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

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The directors have given the company assurances of their continued financial support for the foreseeable future. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis.

Turnover

Turnover is recognised at the fair value of rental income received.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2024

300,000

Disposals

(300,000

)

At 28 February 2025

-

NET BOOK VALUE

At 28 February 2025

-

At 29 February 2024

300,000

5.	RELATED PARTY DISCLOSURES

Included in other creditor is £334,800 (2024: £334,800) due to Gowrie Holding Limited, a company in which Mr S Hathi is also a director. The loan is interest free and repayable on demand.

Included in other creditor is £232,069 (2024: £232,069) due to Zina Chemist Limited, a company in which Mr V Ghedia is also a director. The loan is interest free and repayable on demand.

Included within other creditors are balances of £11,000 (2024: £11,000) and £263 (2024: £263) owed to Mr S Hathi and Mr V Ghedia respectively who are directors of this company. The loans are interest free and repayable on demand.