REGISTERED NUMBER: 10966779 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

Bestcall Solutions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C McGrane

L McGrane

REGISTERED OFFICE:

c/o Parker Cavendish, Suite 301

Stanmore Business and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

REGISTERED NUMBER:

10966779 (England and Wales)

ACCOUNTANTS:

Parker Cavendish

Chartered Accountants

Suite 301, Stanmore Business

and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

FIXED ASSETS

Tangible assets

5

-

1,181

Investments

6

3,138,254

-

3,138,254

1,181

CURRENT ASSETS

Debtors

7

1,184,246

1,556,782

Cash at bank

42,218

2,093,587

1,226,464

3,650,369

CREDITORS

Amounts falling due within one year

8

(517,511

)

(787,160

)

NET CURRENT ASSETS

708,953

2,863,209

TOTAL ASSETS LESS CURRENT LIABILITIES

3,847,207

2,864,390

PROVISIONS FOR LIABILITIES

(33,835

)

-

NET ASSETS

3,813,372

2,864,390

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

3,813,370

2,864,388

SHAREHOLDERS' FUNDS

3,813,372

2,864,390

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 September 2025 and were signed on its behalf by:

L McGrane - Director

1.	STATUTORY INFORMATION

Bestcall Solutions 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

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

Income is recognised on the provision of the service.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% Straight line

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

9,200

DEPRECIATION

At 1 January 2024

8,019

Charge for year

1,181

At 31 December 2024

9,200

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

1,181

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

Additions

3,178,272

Disposals

(175,356

)

Revaluations

135,338

At 31 December 2024

3,138,254

NET BOOK VALUE

At 31 December 2024

3,138,254

Cost or valuation at 31 December 2024 is represented by:

Other

investments

£

Valuation in 2024

135,338

Cost

3,002,916

3,138,254

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

556,321

1,225,802

Other debtors

627,925

330,980

1,184,246

1,556,782

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

-

2,086

Taxation and social security

514,061

781,816

Other creditors

3,450

3,258

517,511

787,160

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within other debtors at the year end is an aggregate amount of £89,613 (2023: £8 other creditors) due from the directors C McGrane and L McGrane. Interest amounting to £3,322 (2023: £2,809) has been charged on the overdrawn balance at the rate of between 2.25% whilst the loan account was overdrawn.

The following advances have taken place during the year which are deemed material;

January 2024 £118,461

There have been no other advances which individually were considered material and no other individual advances exceeding £20,000 to the directors.

The overdrawn balance was settled in full on 1 September 2025.

10.	RELATED PARTY DISCLOSURES

Included within other debtors at the year end is an amount of £120,500 (2023: £119,000) due from LCM Ventures Ltd, a company in which L McGrane is a director and shareholder. This amount has been provided unsecured, interest free and is repayable on demand.

Included within other debtors at the year end is an amount of £217,812 (2023: £211,982) due from L McGrane's Spanish company. The balance represents a loan of £185,093 plus accrued interest which has been charged at a rate of 8% up until 1 January 2019 when it was reduced to 2.75%. The loan has been provided unsecured and is repayable on demand.