REGISTERED NUMBER: 10041655 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

A1 Best One Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Gosmitsing Kapoor

REGISTERED OFFICE:

Bridger House

9-13 Holbrook Lane

Coventry

West Midlands

CV6 4AD

REGISTERED NUMBER:

10041655 (England and Wales)

ACCOUNTANTS:

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

FIXED ASSETS

Tangible assets

4

3,554

4,740

CURRENT ASSETS

Stocks

87,030

85,627

Debtors

5

5,944

10,013

Cash in hand

9,997

9,994

102,971

105,634

CREDITORS

Amounts falling due within one year

6

42,424

7,958

NET CURRENT ASSETS

60,547

97,676

TOTAL ASSETS LESS CURRENT LIABILITIES

64,101

102,416

CREDITORS

Amounts falling due after more than one year

7

104,274

148,598

NET LIABILITIES

(40,173

)

(46,182

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

(40,273

)

(46,282

)

SHAREHOLDERS' FUNDS

(40,173

)

(46,182

)

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 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.

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 director and authorised for issue on 16 September 2025 and were signed by:

Mr Gosmitsing Kapoor - Director

1.	STATUTORY INFORMATION

A1 Best One 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

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.

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

-

25% on reducing balance

Stocks

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

16,859

DEPRECIATION

At 1 April 2024

12,119

Charge for year

1,186

At 31 March 2025

13,305

NET BOOK VALUE

At 31 March 2025

3,554

At 31 March 2024

4,740

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

5,495

9,564

Other debtors

449

449

5,944

10,013

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

37

4,883

Taxation and social security

1,647

2,029

Other creditors

40,740

1,046

42,424

7,958

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

32,809

77,133

Other creditors

71,465

71,465

104,274

148,598

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100