REGISTERED NUMBER: 02323860 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Rakbest Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss K L Smith

REGISTERED OFFICE:

Park House

37 Clarence Street

Leicester

LE1 3RW

REGISTERED NUMBER:

02323860 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

Park House

37 Clarence Street

Leicester

Leicestershire

LE1 3RW

FIXED ASSETS

Tangible assets

4

39,127

40,104

Investment property

5

5,760,000

5,760,000

5,799,127

5,800,104

CURRENT ASSETS

Debtors

6

29,146

27,721

Cash at bank

26,095

10,078

55,241

37,799

CREDITORS

Amounts falling due within one year

7

(19,642

)

(21,697

)

NET CURRENT ASSETS

35,599

16,102

TOTAL ASSETS LESS CURRENT LIABILITIES

5,834,726

5,816,206

CREDITORS

Amounts falling due after more than one year

8

(2,271,538

)

(2,271,538

)

PROVISIONS FOR LIABILITIES

(554,439

)

(554,439

)

NET ASSETS

3,008,749

2,990,229

CAPITAL AND RESERVES

Called up share capital

1,023,849

1,023,849

Fair value reserve

1,966,276

1,966,276

Retained earnings

18,624

104

SHAREHOLDERS' FUNDS

3,008,749

2,990,229

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 August 2026 and were signed by:

Miss K L Smith - Director

1.	STATUTORY INFORMATION

Rakbest 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.

The accounts have been prepared on the going concern basis as the directors have indicated their willingness to support the company for the foreseeable future.

Turnover

Turnover represents gross rental income receivable and the net invoiced sales of goods/services.

Tangible fixed assets

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

Improvements to property

-

2% on cost

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

10% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 December 2024

45,233

14,449

476

60,158

Additions

-

-

768

768

At 30 November 2025

45,233

14,449

1,244

60,926

DEPRECIATION

At 1 December 2024

9,951

9,674

429

20,054

Charge for year

905

716

124

1,745

At 30 November 2025

10,856

10,390

553

21,799

NET BOOK VALUE

At 30 November 2025

34,377

4,059

691

39,127

At 30 November 2024

35,282

4,775

47

40,104

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2024

and 30 November 2025

5,760,000

NET BOOK VALUE

At 30 November 2025

5,760,000

At 30 November 2024

5,760,000

Investment property was valued on an open market basis on 30 November 2024 by the director.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

19,030

11,710

Other debtors

10,116

16,011

29,146

27,721

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade creditors

6,069

4,613

Taxation and social security

(63

)

3,450

Other creditors

13,636

13,634

19,642

21,697

Other creditors includes accruals and deferred income of £16,636 (2024 - £13,634).

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Other creditors

2,271,538

2,271,538

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans due after more than 5 years

2,271,538

2,271,538

9.	SECURED DEBTS

The following secured debts are included within creditors:

30.11.25

30.11.24

£

£

Mortgage loan

2,271,538

2,271,538

Mortgage loan is secured against properties included within investment property.

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2025 and 30 November 2024:

30.11.25

30.11.24

£

£

Miss K L Smith

Balance outstanding at start of year

6,705

3,295

Amounts advanced

7,559

6,705

Amounts repaid

(6,411

)

(3,295

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

7,853

6,705

The loan is charged at the official HMRC rate and is repayable on demand.