Caseware UK (AP4) 2024.0.164 2024.0.164 2025-04-30 2025-04-30 true true true true true 2024-05-01 false 2 2 true false 02278967 2024-05-01 2025-04-30 02278967 2023-05-01 2024-04-30 02278967 2025-04-30 02278967 2024-04-30 02278967 2023-05-01 02278967 c:Director1 2024-05-01 2025-04-30 02278967 c:Director2 2024-05-01 2025-04-30 02278967 c:RegisteredOffice 2024-05-01 2025-04-30 02278967 d:CurrentFinancialInstruments 2025-04-30 02278967 d:CurrentFinancialInstruments 2024-04-30 02278967 d:Non-currentFinancialInstruments 2025-04-30 02278967 d:Non-currentFinancialInstruments 2024-04-30 02278967 d:CurrentFinancialInstruments d:WithinOneYear 2025-04-30 02278967 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 02278967 d:ShareCapital 2025-04-30 02278967 d:ShareCapital 2024-04-30 02278967 d:ShareCapital 2023-05-01 02278967 d:SharePremium 2025-04-30 02278967 d:SharePremium 2024-04-30 02278967 d:SharePremium 2023-05-01 02278967 d:RetainedEarningsAccumulatedLosses 2024-05-01 2025-04-30 02278967 d:RetainedEarningsAccumulatedLosses 2025-04-30 02278967 d:RetainedEarningsAccumulatedLosses 2023-05-01 2024-04-30 02278967 d:RetainedEarningsAccumulatedLosses 2024-04-30 02278967 d:RetainedEarningsAccumulatedLosses 2023-05-01 02278967 c:OrdinaryShareClass1 2024-05-01 2025-04-30 02278967 c:OrdinaryShareClass1 2025-04-30 02278967 c:OrdinaryShareClass1 2024-04-30 02278967 c:FRS102 2024-05-01 2025-04-30 02278967 c:Audited 2024-05-01 2025-04-30 02278967 c:FullAccounts 2024-05-01 2025-04-30 02278967 c:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 02278967 d:Subsidiary1 2025-04-30 02278967 d:Subsidiary1 2024-05-01 2025-04-30 02278967 d:Subsidiary1 1 2024-05-01 2025-04-30 02278967 6 2024-05-01 2025-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 02278967 BEST INVESTMENT LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
BEST INVESTMENT LIMITED COMPANY INFORMATION
Directors | J Spiers
| P Trueman
Registered number | 02278967
Registered office | 6th Floor
| 60 Gracechurch Street
| London
| EC3V 0HR
Independent auditor | MHA
| Chartered Accountants & Statutory Auditors
| 2 London Wall Place
| London
| EC2Y 5AU
BEST INVESTMENT LIMITED CONTENTS
| Page
Strategic Report | 1
Directors' Report | 2 - 3
Independent Auditor's Report | 4 - 7
Statement of Comprehensive Income | 8
Balance Sheet | 9
Statement of Changes in Equity | 10
Notes to the Financial Statements | 11 - 16
BEST INVESTMENT LIMITED STRATEGIC REPORT FOR THE YEAR ENDED 30 APRIL 2025
Introduction
The Directors present the Strategic Report for the year ended 30 April 2024.
Business review
The Company is an intermediate holding company and therefore continues to receive and pay dividends with a small amount of overheads.
Principal risks and uncertainties
The only risk to the Company is that the investment is impaired. Based on the underlying profitability of its subsidiary this is not considered to be a significant risk.
Financial key performance indicators
The only key financial performance indicator is dividends received which amounted to £782,364 (2024: £320,000) in the year.
Other key performance indicators
There were no other key performance indicators.
Directors' statement of compliance with duty to promote the success of the Company
Section 172(1) of the Companies Act 2006 requires the Directors of an entity to act in the way they consider, in good faith, would be most likely to promote the success of the entity for the benefit of its Members as a whole. As part of their deliberations and decision making process the Directors have taken into account the following; • likely consequences of any decision in the long term; • the interests of the Company's employees; • the need to foster the Company's business relationships with suppliers, customers and others; • the impact of the Company's operations on the community and the environment; and • the desirability of the entity maintaining a reputation for high standards of business conduct and the need to comply with the rules of the Company's regulator, the UK Financial Conduct Authority. The Directors recognise that building strong relationships with stakeholders will help deliver the Company strategy in line with its long-term values and is committed to effective engagement with the Company's stakeholders. Accordingly, the Directors require management to ensure that all stakeholder interests are considered in the Company's day to day management and operations, and seeks to understand the relative interests and priorities of the various stakeholders and to have regard to these in their decision making. The Directors acknowledge, however, that not every decision will necessarily result in a positive outcome for all stakeholders. As a result of these activities, the Directors believe that they have demonstrated compliance with their legal duty under s172(1) of the Companies Act 2006. This report was approved by the board on 19 August 2025 and signed on its behalf.
J Spiers Director
Page 1
BEST INVESTMENT LIMITED DIRECTORS' REPORT FOR THE YEAR ENDED 30 APRIL 2025 The directors present their report and the financial statements for the year ended 30 April 2025.
Principal activity
The Company's principal activity is that of a holding company.
Directors
The directors who served during the year were:
J Spiers
P Trueman
Directors' responsibilities statement
The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period. In preparing these financial statements, the directors are required to: ∙select suitable accounting policies for the Company's financial statements and then apply them consistently; ∙make judgments and accounting estimates that are reasonable and prudent; ∙state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; ∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Results and dividends
The profit for the year, after taxation, amounted to £776,700 (2024 - £314,561). Dividends payable during the year amounted to £780,000 (2024: £340,000).
Future developments
There are no future developments to report. Page 2
BEST INVESTMENT LIMITED DIRECTORS' REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025
Disclosure of information to auditor
Each of the persons who are directors at the time when this Directors' Report is approved has confirmed that: ∙so far as the director is aware, there is no relevant audit information of which the Company's auditor is unaware, and ∙the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company's auditor is aware of that information.
Post balance sheet events
There have been no significant events affecting the Company since the year end. This report was approved by the board and signed on its behalf.
J Spiers Director
Date: 19 August 2025
Page 3
BEST INVESTMENT LIMITED INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BEST INVESTMENT LIMITED
Opinion
We have audited the financial statements of Best Investment Limited (the 'Company') for the year ended 30 April 2025, which comprise the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: ∙give a true and fair view of the state of the Company's affairs as at 30 April 2025 and of its profit for the year then ended; ∙have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and ∙have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report. Page 4
BEST INVESTMENT LIMITED INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BEST INVESTMENT LIMITED (CONTINUED)
Other information
The other information comprises the information included in the Annual Report other than the financial statements and our Auditor's Report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
Opinion on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit: ∙the information given in the Strategic Report and the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and ∙the Strategic Report and the Directors' Report have been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: ∙adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or ∙the financial statements are not in agreement with the accounting records and returns; or ∙certain disclosures of directors' remuneration specified by law are not made; or ∙we have not received all the information and explanations we require for our audit.
Responsibilities of directors
As explained more fully in the Directors' Responsibilities Statement set out on page 2, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so. Page 5
BEST INVESTMENT LIMITED INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BEST INVESTMENT LIMITED (CONTINUED)
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: ∙Enquiry of management and those charged with governance around actual and potential litigation and claims; ∙Performing audit work over the risk of management override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for bias. ∙Reviewing minutes of meetings of those charged with governance; ∙Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditor's Report. Page 6
BEST INVESTMENT LIMITED INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BEST INVESTMENT LIMITED (CONTINUED)
Use of our report
This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditor's Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed. Rakesh Shaunak FCA (Senior Statutory Auditor) for and on behalf of MHA Chartered Accountants Statutory Auditors London, United Kingdom 22 August 2025 MHA is the trading name of MHA Audit Services LLP, a limited liability partnership in England and Wales (registered number OC455542). Page 7
BEST INVESTMENT LIMITED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 APRIL 2025
| 2025 | 2024
| £ | £
Administrative expenses |  | (5,664) | (5,439)
Income from fixed assets investments | 6 | 782,364 | 320,000
Profit before tax |  | 776,700 | 314,561
Profit for the financial year |  | 776,700 | 314,561
There was no other comprehensive income for 2025 (2024:£NIL).
The notes on pages 11 to 16 form part of these financial statements.
Page 8
BEST INVESTMENT LIMITED REGISTERED NUMBER: 02278967 BALANCE SHEET AS AT 30 APRIL 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investments | 8 |  | 11,212,796 |  | 11,212,796
|  |  | 11,212,796 |  | 11,212,796
Current assets |  |  |  |  |
Debtors: amounts falling due after more than one year | 9 | 202,994 |  | 202,994 |
Cash at bank and in hand | 10 | 7,323 |  | 10,423 |
|  | 210,317 |  | 213,417 |
Creditors: amounts falling due within one year | 11 | (180,322) |  | (180,122) |
Net current assets |  |  | 29,995 |  | 33,295
Net assets |  |  | 11,242,791 |  | 11,246,091
Capital and reserves |  |  |  |  |
Called up share capital | 12 |  | 7,750,000 |  | 7,750,000
Share premium account | 12 |  | 842,526 |  | 842,526
Profit and loss account | 13 |  | 2,650,265 |  | 2,653,565
|  |  | 11,242,791 |  | 11,246,091
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
J Spiers
Director
Date: 19 August 2025
The notes on pages 11 to 16 form part of these financial statements. Page 9
BEST INVESTMENT LIMITED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 APRIL 2025
| Called up share capital | Share premium account | Profit and loss account | Total equity
| £ | £ | £ | £
At 1 May 2023 | 7,750,000 | 842,526 | 2,679,004 | 11,271,530
Comprehensive income for the year |  |  |  |
Profit for the year | - | - | 314,561 | 314,561
Dividends: Equity capital | - | - | (340,000) | (340,000)
At 1 May 2024 | 7,750,000 | 842,526 | 2,653,565 | 11,246,091
Profit for the year | - | - | 776,700 | 776,700
Dividends: Equity capital | - | - | (780,000) | (780,000)
At 30 April 2025 | 7,750,000 | 842,526 | 2,650,265 | 11,242,791
| The notes on pages 11 to 16 form part of these financial statements.
Page 10
BEST INVESTMENT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
1. | General information
The Company is a private company limited by shares and is incorporated in England and Wales registration number 02278967. Its registered office is 6th Floor, 60 Gracechurch Street, London, EC3R 0HR and it is based in Centennium House, 100 Lower Thames Street, London, EC3R 6DL. Its principal activity is that of a holding company. The financial statements are presented in pound sterling which is the functional and presentational currency of the Company are rounded to the nearest pound. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3). The following principal accounting policies have been applied:
| 2.2 | Financial Reporting Standard 102 - reduced disclosure exemptions
The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland": ∙the requirements of Section 7 Statement of Cash Flows; ∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d); ∙the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c); ∙the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A; ∙the requirements of Section 33 Related Party Disclosures paragraph 33.7. This information is included in the consolidated financial statements of EQ Investors Group Limited as at 30 April 2025 and these financial statements may be obtained from Companies House.
| 2.3 | Going concern
The financial statements have been prepared on the going concern basis which is dependent upon the financial support of the company's fellow group companies. Page 11
BEST INVESTMENT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.4 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
| 2.5 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.6 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.7 | Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares. Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan. Investments in non-derivative instruments that are equity to the issuer are measured: ∙at fair value with changes recognised in the Statement of Comprehensive Income if the shares are publicly traded or their fair value can otherwise be measured reliably; ∙at cost less impairment for all other investments. Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income. For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract. For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is Page 12
BEST INVESTMENT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.7 | Financial instruments (continued)
an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.
| 2.8 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Judgments in applying accounting policies and key sources of estimation uncertainty
The Company makes estimates and assumptions concerning future performance. The resulting accounting estimates will, by definition, seldom equal the actual results. The estimates and assumptions that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities are set out below: 3.1 Investments The directors have assessed the carrying value of the investments based on forecasts of the profitability of the subsidiary companies and have concluded that investments are not impaired as a result.
4. | Auditor's remuneration
| During the year, the Company obtained the following services from the Company's auditor and its associates:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Fees payable to the Company's auditor and its associates for the audit of the Company's financial statements | 4,700 | 4,500
| The Company has taken advantage of the exemption not to disclose amounts paid for non-audit services as these are disclosed in the consolidated accounts of the parent Company.
Page 13
BEST INVESTMENT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
5. | Employees
| The average monthly number of employees, including the directors, during the year was as follows:
|  |  | 2025 | 2024
|  |  | No. | No.
|  | Directors | 2 | 2
| There were no staff costs during the current or previous year.
6. | Income from investments
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Dividends receivable | 750,000 | 320,000
| Liquidation distribution on investments previously written off | 32,364 | -
|  | 782,364 | 320,000
7. | Dividends
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Dividends paid | 780,000 | 340,000
8. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| At 1 May 2024 | 11,212,796
| At 30 April 2025 | 11,212,796
Page 14
BEST INVESTMENT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
| Subsidiary undertaking
| The following was a subsidiary undertaking of the Company:
| Name | Registered office | Class of shares | Holding
| EQ Investors Limited | 6th Floor, 60 Gracechurch Street, London, EC3V 0HR | Ordinary | 100%
| The aggregate of the share capital and reserves as at 30 April 2025 and the profit or loss for the year ended on that date for the subsidiary undertaking were as follows:
| Name | Aggregate of share capital and reserves | Profit/(Loss)
| EQ Investors Limited | 2,962,703 | 550,646
9. | Debtors
| Due after more than one year |  |
| Other debtors | 202,994 | 202,994
10. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 7,323 | 10,423
11. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed to group undertakings | 174,722 | 174,722
| Accruals and deferred income | 5,600 | 5,400
|  | 180,322 | 180,122
Page 15
BEST INVESTMENT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
12. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 30,999,999 (2024 - 30,999,999) Ordinary shares of £0.25 each | 7,750,000 | 7,750,000
13. | Reserves
Profit and loss account The profit and loss account represents accumulated profits or losses of the Company.
14. | Related party transactions
| Dividends of £750,000 (2023 - £320,000) were receivable from EQ Investors Limited, the Company's subsidiary undertaking.
15. | Controlling party
The ultimate parent undertaking is EQ Investors Group Limited. EQ Investors Group Limited is registered in England and Wales and consolidated financial statements can be obtained from Companies House. The ultimate controlling party is J D Spiers.
Page 16