REGISTERED NUMBER: OC349148 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

BEST SEAT LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr P J Merry

Mrs E V Merry

REGISTERED OFFICE:

2 Manor Farm Court,

Old Wolverton Road,

Milton Keynes

Buckinghamshire

MK12 5NN

REGISTERED NUMBER:

OC349148 (England and Wales)

ACCOUNTANTS:

Ad Valorem Accountancy Services Limited

Chartered Certified Accountants

2 Manor Farm Court

Old Wolverton Road

Old Wolverton

Milton Keynes

Buckinghamshire

MK12 5NN

FIXED ASSETS

Tangible assets

3

19,234

5,912

CURRENT ASSETS

Debtors

4

96,895

82,611

Cash at bank

2,708

907

99,603

83,518

CREDITORS

Amounts falling due within one year

5

40,837

11,430

NET CURRENT ASSETS

58,766

72,088

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

78,000

78,000

LOANS AND OTHER DEBTS DUE TO MEMBERS

6

78,000

78,000

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

78,000

78,000

Amounts due from members

4

(88,109

)

(73,876

)

(10,109

)

4,124

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 August 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 16 May 2026 and were signed by:

Mr P J Merry - Designated member

1.	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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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.

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

2.	EMPLOYEE INFORMATION

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

3.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 September 2024

2,191

37,065

39,256

Additions

-

16,899

16,899

At 31 August 2025

2,191

53,964

56,155

DEPRECIATION

At 1 September 2024

2,191

31,153

33,344

Charge for year

-

3,577

3,577

At 31 August 2025

2,191

34,730

36,921

NET BOOK VALUE

At 31 August 2025

-

19,234

19,234

At 31 August 2024

-

5,912

5,912

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

6,949

-

Amounts owed by associates

-

6,000

Amounts due from members

88,109

73,876

VAT

-

256

Prepayments

1,837

2,479

96,895

82,611

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

9,093

-

Amounts owed to associates

30,750

-

VAT

280

-

Accruals and deferred income

714

11,430

40,837

11,430

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

£

Loans from members

78,000

78,000

Falling due within one year

78,000

78,000

In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.