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Registered number: NI705155
East Is Best Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2025
SJK Chartered Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: NI705155
30 November 2025 30 November 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,982 7,702
Investment Properties 5 295,348 96,628
305,330 104,330
CURRENT ASSETS
Debtors 6 - 232
Cash at bank and in hand 1,000 518
1,000 750
Creditors: Amounts Falling Due Within One Year 7 (213,584 ) (110,094 )
NET CURRENT ASSETS (LIABILITIES) (212,584 ) (109,344 )
TOTAL ASSETS LESS CURRENT LIABILITIES 92,746 (5,014 )
Creditors: Amounts Falling Due After More Than One Year 8 (112,500 ) -
NET LIABILITIES (19,754 ) (5,014 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (19,854 ) (5,114 )
SHAREHOLDERS' FUNDS (19,754) (5,014)
Page 1
Page 2
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs M McTiernan
Director
24 July 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
East Is Best Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI705155 . The registered office is C/O Sjk Chartered Accountants, 8 Bridge Road, Moira, BT67 0PF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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 is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 15% Reducing Balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 December 2024 7,900
Additions 3,600
As at 30 November 2025 11,500
Depreciation
As at 1 December 2024 198
Provided during the period 1,320
As at 30 November 2025 1,518
...CONTINUED
Page 3
Page 4
Net Book Value
As at 30 November 2025 9,982
As at 1 December 2024 7,702
5. Investment Property
30 November 2025
£
Fair Value
As at 1 December 2024 96,628
Additions 198,720
As at 30 November 2025 295,348
The directors consider the above value of investment properties to reflect the market value at 30 November 2025.
6. Debtors
30 November 2025 30 November 2024
£ £
Due within one year
Other debtors - 232
7. Creditors: Amounts Falling Due Within One Year
30 November 2025 30 November 2024
£ £
Accruals and deferred income 780 690
Director's loan account 212,804 109,404
213,584 110,094
8. Creditors: Amounts Falling Due After More Than One Year
30 November 2025 30 November 2024
£ £
Bank loans 112,500 -
9. Share Capital
30 November 2025 30 November 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4
Page 5
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 December 2024 Amounts advanced Amounts repaid Amounts written off As at 30 November 2025
£ £ £ £ £
Mrs Maire McTiernan (109,404 ) (103,400 ) - - (212,804 )
The above loan is unsecured, interest free and repayable on demand.
Page 5