REGISTERED NUMBER: 09510907 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

BEST LITTLE BUILDING CO. LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J Ward

Miss L E Powell

Mrs H E Noble

SECRETARY:

Mrs H E Noble

REGISTERED OFFICE:

Ground Floor Marlborough House

298 Regents Park Road

London

N3 2SZ

REGISTERED NUMBER:

09510907 (England and Wales)

ACCOUNTANTS:

Fusion Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

288,258

247,559

Investments

6

-

1,000

288,258

248,559

CURRENT ASSETS

Stocks

227,842

358,400

Debtors

7

1,211,435

903,778

Cash at bank

275,131

175,406

1,714,408

1,437,584

CREDITORS

Amounts falling due within one year

8

1,266,313

1,066,025

NET CURRENT ASSETS

448,095

371,559

TOTAL ASSETS LESS CURRENT LIABILITIES

736,353

620,118

CREDITORS

Amounts falling due after more than one year

9

(113,368

)

(153,095

)

PROVISIONS FOR LIABILITIES

(64,499

)

(49,923

)

NET ASSETS

558,486

417,100

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

558,386

417,000

558,486

417,100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 8 September 2025 and were signed on its behalf by:

Mr J Ward - Director

1.	STATUTORY INFORMATION

Best Little Building Co. 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, has now been fully amortised in 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.

Office Equipment

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

11,000

AMORTISATION

At 1 April 2024

and 31 March 2025

11,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Office

and

Motor

Equipment

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

109,006

17,400

279,348

405,754

Additions

81,608

6,494

56,509

144,611

Disposals

(11,146

)

(4,386

)

(28,995

)

(44,527

)

At 31 March 2025

179,468

19,508

306,862

505,838

DEPRECIATION

At 1 April 2024

43,586

7,801

106,808

158,195

Charge for year

22,240

3,523

52,568

78,331

Eliminated on disposal

(5,446

)

(2,435

)

(11,065

)

(18,946

)

At 31 March 2025

60,380

8,889

148,311

217,580

NET BOOK VALUE

At 31 March 2025

119,088

10,619

158,551

288,258

At 31 March 2024

65,420

9,599

172,540

247,559

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

1,000

Disposals

(1,000

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

1,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1,207,500

771,286

Amounts owed by group undertakings

1,913

46,276

Other debtors

1,000

7,642

Value added tax

-

78,574

Prepayments and accrued income

1,022

-

1,211,435

903,778

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

43,000

43,000

Hire purchase contracts

60,044

55,095

Trade creditors

663,782

603,184

Amounts owed to group undertakings

65,669

2,950

Corporation tax

69,222

67,824

Social security and other taxes

71,109

68,416

Value added tax

28,946

-

Other creditors

66,175

116,242

Director's current account

99,689

109,314

Accruals and deferred income

98,677

-

1,266,313

1,066,025

The bank loan is secured by a fixed charge over the assets of the company.

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

7,167

50,167

Hire purchase contracts

106,201

102,928

113,368

153,095

10.	RELATED PARTY DISCLOSURES

Amounts owed by group undertakings of £1,913 is owed to the Company by another company which is under common control.

Amounts owed to group undertakings of £65,669 is owed by the Company to another company which is under common control.

The debts have no fixed date for repayments, are repayable on demand and are non-interest bearing