Company Registration No. 10459007 (England and Wales)
Biznest Ltd
Unaudited accounts
for the year ended 30 November 2025
Biznest Ltd
Unaudited accounts
Contents
Biznest Ltd
Company Information
for the year ended 30 November 2025
Company Number
10459007 (England and Wales)
Registered Office
Unit 2b
Kingcup Farm
Willets Lane, Denham
Uxbridge
Middlesex
UB9 4HE
England
Biznest Ltd
Statement of financial position
as at 30 November 2025
Tangible assets
44,332
1,044
Cash at bank and in hand
36,346
51,845
Creditors: amounts falling due within one year
(49,696)
(61,653)
Net current assets
740
12,674
Total assets less current liabilities
45,072
13,718
Creditors: amounts falling due after more than one year
(26,885)
(5,000)
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
18,186
8,456
Shareholders' funds
18,187
8,457
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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 July 2026 and were signed on its behalf by
Mr Junaid Aslam
Director
Company Registration No. 10459007
Biznest Ltd
Notes to the Accounts
for the year ended 30 November 2025
Biznest Ltd is a private company, limited by shares, registered in England and Wales, registration number 10459007. The registered office is Unit 2b, Kingcup Farm, Willets Lane, Denham, Uxbridge, Middlesex, UB9 4HE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Biznest Ltd
Notes to the Accounts
for the year ended 30 November 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2024
-
6,325
850
7,175
Additions
53,701
784
-
54,485
At 30 November 2025
53,701
7,109
850
61,660
At 1 December 2024
-
5,405
726
6,131
Charge for the year
10,740
426
31
11,197
At 30 November 2025
10,740
5,831
757
17,328
At 30 November 2025
42,961
1,278
93
44,332
At 30 November 2024
-
920
124
1,044
Amounts falling due within one year
Deferred tax asset
1,168
-
Accrued income and prepayments
1,913
634
Other debtors
7,703
11,548
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
5,000
10,000
Obligations under finance leases and hire purchase contracts
11,125
-
Taxes and social security
13,400
15,863
Other creditors
8,843
23,910
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
26,885
-
8
Transactions with related parties
During the year the company paid dividends of £8,500 (2024 - £29,000) to the director.
As at the year end date the director owed £7,703 (2024 - £8,542) to the company, the loan has been repaid post year end date.
Biznest Ltd
Notes to the Accounts
for the year ended 30 November 2025
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).