Best Solutions (Uk) Limited - Accounts to registrar - small 16.3d

Best Solutions (Uk) Limited - Accounts to registrar - small 16.3d


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REGISTERED NUMBER: 06807139(England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2016

for

Best Solutions (Uk) Limited

Best Solutions (Uk) Limited (Registered number: 06807139)






Contents of the Financial Statements
for the Year Ended 31 December 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Best Solutions (Uk) Limited

Company Information
for the Year Ended 31 December 2016







DIRECTOR: Mrs L A Davidson





REGISTERED OFFICE: Ardmore Station Lane
Great Barrow
Chester
Cheshire
CH3 7JN





REGISTERED NUMBER: 06807139(England and Wales)





ACCOUNTANTS: DH Business Support Ltd
12 Jordan Street
Liverpool
L1 0BP

Best Solutions (Uk) Limited (Registered number: 06807139)

Balance Sheet
31 December 2016

Notes £    £   
FIXED ASSETS
Intangible assets 3 4,783
Tangible assets 4 5,521
Investments 5 -
10,304

CURRENT ASSETS
Stocks 11,000
Debtors 6 630,378
Cash at bank and in hand 10,658
652,036
CREDITORS
Amounts falling due within one year 7 1,571,351
NET CURRENT LIABILITIES (919,315 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(909,011

)

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (909,111 )
SHAREHOLDERS' FUNDS (909,011 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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.

Best Solutions (Uk) Limited (Registered number: 06807139)

Balance Sheet - continued
31 December 2016


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 21 September 2017and were signed by:





Mrs L A Davidson- Director


Best Solutions (Uk) Limited (Registered number: 06807139)

Notes to the Financial Statements
for the Year Ended 31 December 2016

1. STATUTORY INFORMATION

Best Solutions (Uk) 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

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

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any provision for
impairment.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

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 that
have been enacted or substantively enacted by the balance sheet date.


Best Solutions (Uk) Limited (Registered number: 06807139)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over
the period of the lease.

3. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2016
and 31 December 2016 13,999
AMORTISATION
At 1 January 2016 7,816
Charge for year 1,400
At 31 December 2016 9,216
NET BOOK VALUE
At 31 December 2016 4,783
At 31 December 2015 6,183

Best Solutions (Uk) Limited (Registered number: 06807139)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2016 40,454
Disposals (1,000 )
At 31 December 2016 39,454
DEPRECIATION
At 1 January 2016 40,454
Charge for year (6,521 )
At 31 December 2016 33,933
NET BOOK VALUE
At 31 December 2016 5,521

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakin
£   
COST
At 1 January 2016
PROVISIONS
At 1 January 2016 (11,479 )

Provision written back 11,479
At 31 December 2016 -
NET BOOK VALUE
At 31 December 2016 -
At 31 December 2015 11,479

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 630,378

Best Solutions (Uk) Limited (Registered number: 06807139)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 2,520
Trade creditors 15,854
Taxation and social security 15,960
Other creditors 1,537,017
1,571,351