Best Adapted Properties Limited

Best Adapted Properties Limited
Registered number:		10470186
Statement of Financial Position
as at 30 June 2026

Notes			2026			2025
£				£
Fixed assets
Investment properties			1,225,889			1,180,000
Other tangible fixed assets			35,276			41,299
	4		1,261,165			1,221,299

Current assets
Debtors	5	1,179			1,290
Cash at bank and in hand		46,723			46,357
		47,902			47,647

Creditors: amounts falling due within one year	6	(196,628)			(204,664)

Net current liabilities			(148,726)			(157,017)

Total assets less current liabilities			1,112,439			1,064,282

Creditors: amounts falling due after more than one year	7		(816,622)			(820,562)

Provisions for liabilities			(49,350)			(27,893)


Net assets			246,467			215,827

Capital and reserves
Called up share capital			1			1
Fair value reserve	8		144,141			118,467
Profit and loss account			102,325			97,359

Shareholder's funds			246,467			215,827

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 Puplampu
Director
Approved by the board on 10 August 2026

Best Adapted Properties Limited
Notes to the Accounts
for the period from 1 December 2025 to 30 June 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention as modified by the inclusion of investment property at fair value 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 investment properties, 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
	Motor vehicles			25% reducing balance

	Investment property
	Investment property is initially measured at cost, including transaction costs, and subsequently measured at fair value at each reporting date. Changes in fair value are recognised in profit or loss. No depreciation is provided in respect of investment property. Deferred tax is provided on fair value gains and losses at the rate expected to apply on sale of the property. Changes in fair value/Impairment losses are included in the profit and loss account.

	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	Exceptional items					2026		2025
£							£

	Value adjustments on fixed assets and current asset investments					45,889		-
						45,889		-


3	Employees and directors					2026		2025
Number							Number

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


4	Fixed assets
		Investment properties		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost or valuation
	At 1 December 2025	1,180,000		3,701		40,500		1,224,201
	Fair value movements	45,889		-		-		45,889
	At 30 June 2026	1,225,889		3,701		40,500		1,270,090

	Depreciation
	At 1 December 2025	-		1,215		1,687		2,902
	Charge for the period	-		363		5,660		6,023
	At 30 June 2026	-		1,578		7,347		8,925

	Net book value
	At 30 June 2026	1,225,889		2,123		33,153		1,261,165
	At 30 November 2025	1,180,000		2,486		38,813		1,221,299

	The investment properties were valued at fair value on an open market basis by the director of the company at 30 June 2026.


5	Debtors					2026		2025
£							£

	Trade debtors					30		-
	Prepayments					1,149		1,290
						1,179		1,290


6	Creditors: amounts falling due within one year					2026		2025
£							£

	Obligations under finance lease and hire purchase contracts					6,648		6,384
	Accruals					2,346		1,158
	Corporation tax					4,052		1,804
	Other taxes and social security costs					-		113
	Other creditors					183,582		195,205
						196,628		204,664


7	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					791,516		791,516
	Obligations under finance lease and hire purchase contracts					25,106		29,046
						816,622		820,562


8	Fair value reserve					2026		2025
£							£

	At 1 December 2025					118,467		118,467
	Gain on fair value movement of investment properties					45,889		-
	Deferred taxation arising					(20,215)		-

	At 30 June 2026					144,141		118,467


9	Other information

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