2 false false false false false false false false false false true false false false false false false No description of principal activity 2023-07-01 Sage Accounts Production Advanced 2023 - FRS102_2023 8,703 8,611 69 8,680 23 92 xbrli:pure xbrli:shares iso4217:GBP 08584841 2023-07-01 2024-06-30 08584841 2024-06-30 08584841 2023-06-30 08584841 2022-07-01 2023-06-30 08584841 2023-06-30 08584841 2022-06-30 08584841 bus:RegisteredOffice 2023-07-01 2024-06-30 08584841 bus:LeadAgentIfApplicable 2023-07-01 2024-06-30 08584841 bus:Director1 2023-07-01 2024-06-30 08584841 core:WithinOneYear 2024-06-30 08584841 core:WithinOneYear 2023-06-30 08584841 core:AfterOneYear 2024-06-30 08584841 core:AfterOneYear 2023-06-30 08584841 core:ShareCapital 2024-06-30 08584841 core:ShareCapital 2023-06-30 08584841 core:RetainedEarningsAccumulatedLosses 2024-06-30 08584841 core:RetainedEarningsAccumulatedLosses 2023-06-30 08584841 bus:SmallEntities 2023-07-01 2024-06-30 08584841 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 08584841 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 08584841 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 08584841 bus:FullAccounts 2023-07-01 2024-06-30 08584841 core:ComputerEquipment 2023-07-01 2024-06-30 08584841 core:ComputerEquipment 2024-06-30 08584841 core:ComputerEquipment 2023-06-30
COMPANY REGISTRATION NUMBER: 08584841
Best Of Parenting Limited
Filleted Unaudited Financial Statements
30 June 2024
Best Of Parenting Limited
Financial Statements
Year ended 30 June 2024
Contents
Page
Officers and professional advisers
1
Chartered certified accountants report to the director on the preparation of the unaudited statutory financial statements
2
Statement of financial position
3
Notes to the financial statements
5
Best Of Parenting Limited
Officers and Professional Advisers
Director
N Saad
Registered office
727-729 High Road
London
N12 0BP
Accountants
Complete Accounting Solutions
Chartered Certified Accountants
727-729 High Road
London
N12 0BP
Best Of Parenting Limited
Chartered Certified Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Best Of Parenting Limited
Year ended 30 June 2024
As described on the statement of financial position, the director of the company is responsible for the preparation of the financial statements for the year ended 30 June 2024, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
Complete Accounting Solutions Chartered Certified Accountants
727-729 High Road London N12 0BP
Best Of Parenting Limited
Statement of Financial Position
30 June 2024
2024
2023
Note
£
£
Fixed assets
Tangible assets
5
23
92
Current assets
Stocks
73,579
52,402
Debtors
6
126,174
169,279
Cash at bank and in hand
6,489
33,098
---------
---------
206,242
254,779
Creditors: amounts falling due within one year
7
43,076
25,059
---------
---------
Net current assets
163,166
229,720
---------
---------
Total assets less current liabilities
163,189
229,812
Creditors: amounts falling due after more than one year
8
1,926,590
1,183,904
------------
------------
Net liabilities
( 1,763,401)
( 954,092)
------------
------------
Capital and reserves
Called up share capital
2
2
Profit and loss account
( 1,763,403)
( 954,094)
------------
---------
Shareholders funds
( 1,763,401)
( 954,092)
------------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Best Of Parenting Limited
Statement of Financial Position (continued)
30 June 2024
These financial statements were approved by the board of directors and authorised for issue on 26 June 2025 , and are signed on behalf of the board by:
N Saad
Director
Company registration number: 08584841
Best Of Parenting Limited
Notes to the Financial Statements
Year ended 30 June 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 727-729 High Road, London, N12 0BP.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
Going concern
We believe that the company's financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the company's needs. We believe that no further disclosures relating to the company's ability to continue as a going concern need to be made in the financial statements. In assessing going concern, we have paid particular attention to a period of not less than one year from the date of approval of the financial statements.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
33% straight line
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: Nil).
5. Tangible assets
Equipment
£
Cost
At 1 July 2023 and 30 June 2024
8,703
-------
Depreciation
At 1 July 2023
8,611
Charge for the year
69
-------
At 30 June 2024
8,680
-------
Carrying amount
At 30 June 2024
23
-------
At 30 June 2023
92
-------
6. Debtors
2024
2023
£
£
Trade debtors
93,134
169,279
Other debtors
33,040
---------
---------
126,174
169,279
---------
---------
7. Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
17,238
21,762
Social security and other taxes
23,638
1,347
Other creditors
2,200
1,950
--------
--------
43,076
25,059
--------
--------
8. Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
1,926,590
1,183,904
------------
------------