Best Choice Corporation Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07436246 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Best Choice Corporation Limited

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

M J Allsopp

REGISTERED OFFICE:

12 - 13 The Oaks

Clews Road

Redditch

B98 7ST

REGISTERED NUMBER:

07436246 (England and Wales)

ACCOUNTANTS:

Davies Archytas Accountants Ltd

12-13 The Oaks

Clews Road

Redditch

Worcestershire

B98 7ST

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

2,152

1,181

2,152

1,181

CURRENT ASSETS

Debtors

42,838

37,856

Cash at bank

449

672

43,287

38,528

CREDITORS

Amounts falling due within one year

408,531

385,593

NET CURRENT LIABILITIES

(365,244

)

(347,065

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(363,092

)

(345,884

)

CREDITORS

Amounts falling due after more than one
year

6

10,267

12,192

NET LIABILITIES

(373,359

)

(358,076

)

CAPITAL AND RESERVES

Called up share capital

8

2

Retained earnings

(373,361

)

(358,078

)

SHAREHOLDERS' FUNDS

(373,359

)

(358,076

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 January 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 May 2026 and were signed by:

M J Allsopp - Director

1.	STATUTORY INFORMATION

Best Choice Corporation 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Franchises are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 3 (2025 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2025

and 31 January 2026

33,221

AMORTISATION

At 1 February 2025

and 31 January 2026

33,221

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2025

5,697

Additions

1,350

At 31 January 2026

7,047

DEPRECIATION

At 1 February 2025

4,516

Charge for year

379

At 31 January 2026

4,895

NET BOOK VALUE

At 31 January 2026

2,152

At 31 January 2025

1,181

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS

31.1.26

31.1.25

£

Repayable by instalments

Banks loans more than 5 years

by instalments

2,567

4,492

2,567

4,492

7.

LOANS

An analysis of the maturity of loans is given below:

31.1.26

31.1.25

£

Amounts falling due within one year or on demand:

Bank loans

1,925

Other loans

13,303

15,228

Amounts falling due between one and two years:

Bank loans - 1-2 years

1,925

Amounts falling due between two and five years:

Bank loans - 2-5 years

5,775

Amounts falling due in more than five years:

Repayable by instalments

Banks loans more than 5 years

by instalments

2,567

4,492

2,567

4,492

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

2

Ordinary

£1

2

9.	ULTIMATE CONTROLLING PARTY

During the year the ultimate controlling party was the director by virtue of his 100% ownership of the issued share capital in the company.