Company registration number 03207920 (England and Wales)
B.E.S.T DESIGNS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
PAGES FOR FILING WITH REGISTRAR
B.E.S.T DESIGNS LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
B.E.S.T DESIGNS LIMITED
BALANCE SHEET
AS AT
30 JUNE 2025
30 June 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
643
857
Current assets
Stocks
21,965
18,805
Debtors
4
137,015
116,870
Cash at bank and in hand
82,764
53,660
241,744
189,335
Creditors: amounts falling due within one year
5
(189,764)
(130,272)
Net current assets
51,980
59,063
Total assets less current liabilities
52,623
59,920
Creditors: amounts falling due after more than one year
6
(9,643)
(19,908)
Net assets
42,980
40,012
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
42,880
39,912
Total equity
42,980
40,012
B.E.S.T DESIGNS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 JUNE 2025
30 June 2025
- 2 -

For the financial year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 25 March 2026 and are signed on its behalf by:
Mr Alexis Theophanous
Mr Stephen Burrell
Director
Director
Company registration number 03207920 (England and Wales)
B.E.S.T DESIGNS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
- 3 -
1
Accounting policies
Company information

B.E.S.T Designs Limited is a private company limited by shares incorporated in England and Wales. The registered office is 34-36 Maddox Street, London, W1S 1PD.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
25% Reducing balance
Fixtures, fittings & equipment
25% Reducing balance
1.4
Stocks

Stock is valued at the lower of cost and net realisable value.

1.5
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

B.E.S.T DESIGNS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 4 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
6
6
B.E.S.T DESIGNS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 5 -
3
Tangible fixed assets
Plant and machinery
Fixtures, fittings & equipment
Total
£
£
£
Cost
At 1 July 2024 and 30 June 2025
20,093
18,091
38,184
Depreciation and impairment
At 1 July 2024
19,662
17,665
37,327
Depreciation charged in the year
108
106
214
At 30 June 2025
19,770
17,771
37,541
Carrying amount
At 30 June 2025
323
320
643
At 30 June 2024
431
426
857
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
135,174
116,569
Other debtors
1,500
-
0
Prepayments and accrued income
341
301
137,015
116,870
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
48,556
34,475
Corporation tax
35,946
38,125
Other taxation and social security
24,111
28,497
Other creditors
81,151
29,175
189,764
130,272
6
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Bank loans and overdrafts
9,643
19,908

The long-term loans are secured by fixed charges over the asset of the company.

B.E.S.T DESIGNS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 6 -
7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
8
Control

The company was under the control of the directors during the year.

2025-06-30 2024-07-01 false false false CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr Alexis Theophanous Mr Stephen Burrell Mr Stephen Burrell 03207920 2024-07-01 2025-06-30 03207920 2025-06-30 03207920 2024-06-30 03207920 core:PlantMachinery 2025-06-30 03207920 core:FurnitureFittings 2025-06-30 03207920 core:PlantMachinery 2024-06-30 03207920 core:FurnitureFittings 2024-06-30 03207920 core:ShareCapital 2025-06-30 03207920 core:ShareCapital 2024-06-30 03207920 core:RetainedEarningsAccumulatedLosses 2025-06-30 03207920 core:RetainedEarningsAccumulatedLosses 2024-06-30 03207920 core:ShareCapitalOrdinaryShareClass1 2025-06-30 03207920 core:ShareCapitalOrdinaryShareClass1 2024-06-30 03207920 bus:Director1 2024-07-01 2025-06-30 03207920 bus:CompanySecretaryDirector1 2024-07-01 2025-06-30 03207920 core:PlantMachinery 2024-07-01 2025-06-30 03207920 core:FurnitureFittings 2024-07-01 2025-06-30 03207920 2023-07-01 2024-06-30 03207920 core:PlantMachinery 2024-06-30 03207920 core:FurnitureFittings 2024-06-30 03207920 2024-06-30 03207920 core:CurrentFinancialInstruments 2025-06-30 03207920 core:CurrentFinancialInstruments 2024-06-30 03207920 core:Non-currentFinancialInstruments 2025-06-30 03207920 core:Non-currentFinancialInstruments 2024-06-30 03207920 bus:OrdinaryShareClass1 2024-07-01 2025-06-30 03207920 bus:OrdinaryShareClass1 2025-06-30 03207920 bus:OrdinaryShareClass1 2024-06-30 03207920 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 03207920 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 03207920 bus:FRS102 2024-07-01 2025-06-30 03207920 bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 03207920 bus:Director2 2024-07-01 2025-06-30 03207920 bus:CompanySecretary1 2024-07-01 2025-06-30 03207920 bus:FullAccounts 2024-07-01 2025-06-30 xbrli:pure xbrli:shares iso4217:GBP