Best Adapted Properties Ltd - Filleted accounts

Best Adapted Properties Ltd
Registered number:		10470186
Statement of Financial Position
as at 30 November 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		1,221,299			1,180,415

Current assets
Debtors	4	1,290			591
Cash at bank and in hand		46,357			55,708
		47,647			56,299

Creditors: amounts falling due within one year	5	(204,664)			(216,391)

Net current liabilities			(157,017)			(160,092)

Total assets less current liabilities			1,064,282			1,020,323

Creditors: amounts falling due after more than one year	6		(820,562)			(791,516)

Provisions for liabilities			(27,893)			(27,876)


Net assets			215,827			200,931

Capital and reserves
Called up share capital			1			1
Revaluation reserve	7		118,467			118,467
Profit and loss account			97,359			82,463

Shareholder's funds			215,827			200,931

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




O T Puplampu
Director
Approved by the board on 13 July 2026

Best Adapted Properties Ltd
Notes to the Accounts
for the year ended 30 November 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue from the rendering of services and from property rental. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover from the rental is recognised by reference to the stage of completion of the tenancy.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			25% reducing balance

	Debtors
	Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.



2	Employees and directors					2025		2024
Number							Number

	Average number of directors and persons employed by the company					1		1


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 December 2024	1,180,000		802		-		1,180,802
	Additions	-		2,899		40,500		43,399
	At 30 November 2025	1,180,000		3,701		40,500		1,224,201

	Depreciation
	At 1 December 2024	-		387		-		387
	Charge for the year	-		828		1,687		2,515
	At 30 November 2025	-		1,215		1,687		2,902

	Net book value
	At 30 November 2025	1,180,000		2,486		38,813		1,221,299
	At 30 November 2024	1,180,000		415		-		1,180,415




4	Debtors					2025		2024
£							£

	Prepayments					1,290		591


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					6,384		-
	Accruals					1,158		1,823
	Corporation tax					1,804		4,587
	Other taxes and social security costs					113		-
	Other creditors					195,205		209,981
						204,664		216,391


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					791,516		791,516
	Obligations under finance lease and hire purchase contracts					29,046		-
						820,562		791,516


7	Revaluation reserve					2025		2024
£							£

	At 1 December 2024					118,467		118,467

	At 30 November 2025					118,467		118,467


8	Other information

	Best Adapted Properties Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	124 City Road
	London
	England
	EC1V 2NX