REGISTERED NUMBER: 06807139 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2016

for

Best Solutions (Uk) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

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

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.

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 2017 and were signed by:

Mrs L A Davidson - Director

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.

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

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

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