| Registered Number:SC683293 |
For the year ended 31 December 2024
Scotland
Unaudited Financial Statements
For the year ended 31 December 2024
Best Step Property Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Best Step Property Ltd
Statement of Financial Position
2023
2024
2
60,413
60,413
60,413
60,413
14,689
| Cash and cash equivalents |
15,342
15,342
14,689
| Trade and other payables: amounts falling due within one year |
(74,206)
(73,748)
3
(59,517)
(58,406)
Net current liabilities
| Total assets less current liabilities |
2,007
896
2,007
Net assets
896
2
2
2,005
894
2,007
896
Shareholders' funds
| For the year ended 31 December 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| 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 director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 10 September 2025 and were signed by: |
| The notes form part of these financial statements |
1 of 3
For the year ended 31 December 2024
Best Step Property Ltd
Notes to the Financial Statements
Statutory Information
| Best Step Property Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number SC683293. |
28 Silport Place
Carnoustie
DD7 7JU
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 ''The |
| Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have |
| been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Investment property
| Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss. |
60,413
60,413
60,413
60,413
| The investment property comprises of a residential letting property. The fair value of the investment property has been arrived at on the basis of a valuation carried out by the directors with reference to market evidence of transaction prices for similar properties. |
| 3. Trade and other payables: amounts falling due within one year |
2023
2024
| Bank loans and overdraft (secured) |
45,304
45,304
| Taxation and social security |
260
145
28,184
28,757
73,748
74,206
| 4. Average number of persons employed |
During the year the average number of employees was 2 (2023 : 2)
2 of 3
For the year ended 31 December 2024
Best Step Property Ltd
Notes to the Financial Statements Continued
3 of 3