REGISTERED NUMBER: 02509454 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

BESTBAY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S Dalvi

I Dalvi

F Dalvi

SECRETARIES:

Mrs S Dalvi

F Dalvi

REGISTERED OFFICE:

69 Preston Road

Wembley

Middlesex

HA9 8JZ

REGISTERED NUMBER:

02509454 (England and Wales)

ACCOUNTANTS:

Malshahz Accountants

27 Russell Road

Whetstone

London

N20 0TN

FIXED ASSETS

Property, plant and equipment

4

3,542,254

3,560,373

CURRENT ASSETS

Debtors

5

64,228

44,369

Cash at bank

60,951

61,511

125,179

105,880

CREDITORS

Amounts falling due within one year

6

(87,026

)

(84,572

)

NET CURRENT ASSETS

38,153

21,308

TOTAL ASSETS LESS CURRENT LIABILITIES

3,580,407

3,581,681

CREDITORS

Amounts falling due after more than one year

7

(2,023,834

)

(2,023,985

)

NET ASSETS

1,556,573

1,557,696

CAPITAL AND RESERVES

Called up share capital

490

490

Retained earnings

1,556,083

1,557,206

SHAREHOLDERS' FUNDS

1,556,573

1,557,696

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2026 and were signed on its behalf by:

F Dalvi - Director

1.	STATUTORY INFORMATION

BESTBAY 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover comprises rents receivable. Some of the rents are Net of Agent's commissions and expenses incurred on behalf of the landlord.

Tangible fixed asset

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Long

and

Computer

leasehold

fittings

equipment

Totals

£

£

£

£

COST OR VALUATION

At 1 January 2025

and 31 December 2025

3,619,077

1,034

2,023

3,622,134

DEPRECIATION

At 1 January 2025

58,773

995

1,993

61,761

Charge for year

18,096

10

13

18,119

At 31 December 2025

76,869

1,005

2,006

79,880

NET BOOK VALUE

At 31 December 2025

3,542,208

29

17

3,542,254

At 31 December 2024

3,560,304

39

30

3,560,373

Cost or valuation at 31 December 2025 is represented by:

Fixtures

Long

and

Computer

leasehold

fittings

equipment

Totals

£

£

£

£

Valuation in 1

600,000

-

-

600,000

Cost

3,019,077

1,034

2,023

3,022,134

3,619,077

1,034

2,023

3,622,134

If 2 Shops at Church road had not been revalued they would have been included at the following historical cost:

31.12.25

31.12.24

£

£

Cost

237,946

237,946

Aggregate depreciation

17,796

13,608

2 Shops at Church road were valued on an open market basis on 15 November 2021 by Copping Joyce Chartered Surveyors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

3,662

2,703

Other debtors

60,566

41,666

64,228

44,369

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

-

4,448

Taxation and social security

11,396

9,039

Other creditors

75,630

71,085

87,026

84,572

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

2,023,834

2,023,985

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

2,020,000

2,020,000

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Bank loans

2,023,834

2,028,433

The loan with Arbuthnot & Latham is secured against the Investment properties held by company.

The loan is a 6 years interest only. The Facility is a Base Rate Facility which means that interest under the Facility is to be calculated by reference to the Base Rate. For the purposes of this Facility, the Base Rate shall be the Bank of England bank rate.for the purposes of the Facility, base rate cannot go below 2.75 per cent. at any time.The Margin for the Facility is 2.90 per cent. per annum. The loan repayable in full after 6 year unless its renewed.