BESTTOHAVE LTD

BESTTOHAVE LTD

BESTTOHAVE LTD - Company Information

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1 November 2019 false No description of principal activity Taxfiler 2021.7 08715664business:PrivateLimitedCompanyLtd2019-11-012020-10-31 087156642019-10-31 087156642019-11-012020-10-31 08715664business:AuditExempt-NoAccountantsReport2019-11-012020-10-31 08715664business:FullAccounts2019-11-012020-10-31 087156642020-10-31 08715664business:Director12019-11-012020-10-31 08715664business:RegisteredOffice2019-11-012020-10-31 087156642019-10-31 08715664core:WithinOneYear2020-10-31 08715664core:WithinOneYear2019-10-31 08715664core:AfterOneYear2020-10-31 08715664core:AfterOneYear2019-10-31 08715664core:ShareCapital2020-10-31 08715664core:ShareCapital2019-10-31 08715664core:RetainedEarningsAccumulatedLosses2020-10-31 08715664core:RetainedEarningsAccumulatedLosses2019-10-31 08715664business:SmallEntities2019-11-012020-10-31 08715664countries:EnglandWales2019-11-012020-10-31 08715664core:PlantMachinery2019-11-012020-10-31 08715664core:FurnitureFittings2019-11-012020-10-31 08715664core:PlantMachinery2019-10-31 08715664core:FurnitureFittings2019-10-31 08715664core:PlantMachinery2020-10-31 08715664core:FurnitureFittings2020-10-31 087156642018-11-012019-10-31 iso4217:GBP xbrli:pure
Company Registration No. 08715664 (England and Wales)
BESTTOHAVE LTD Unaudited accounts for the year ended 31 October 2020
BESTTOHAVE LTD Unaudited accounts Contents
Page
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BESTTOHAVE LTD Company Information for the year ended 31 October 2020
Director
AYE THANDA MON
Company Number
08715664 (England and Wales)
Registered Office
20-22 WENLOCK ROAD LONDON N1 7GU ENGLAND
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BESTTOHAVE LTD Statement of financial position as at 31 October 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
236 
767 
Current assets
Inventories
2,423 
3,500 
Debtors
5
14,744 
8,593 
Cash at bank and in hand
36,560 
15,480 
53,727 
27,573 
Creditors: amounts falling due within one year
6
(9,155)
(18,103)
Net current assets
44,572 
9,470 
Total assets less current liabilities
44,808 
10,237 
Creditors: amounts falling due after more than one year
7
(33,941)
(924)
Net assets
10,867 
9,313 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
10,767 
9,213 
Shareholders' funds
10,867 
9,313 
For the year ending 31 October 2020 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 her 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 24 July 2021 and were signed on its behalf by
AYE THANDA MON Director Company Registration No. 08715664
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BESTTOHAVE LTD Notes to the Accounts for the year ended 31 October 2020
1
Statutory information
BESTTOHAVE LTD is a private company, limited by shares, registered in England and Wales, registration number 08715664. The registered office is 20-22 WENLOCK ROAD, LONDON, N1 7GU, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
33.3% straight line method
Fixtures & fittings
20% straight line method
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2019
3,790 
590 
4,380 
At 31 October 2020
3,790 
590 
4,380 
Depreciation
At 1 November 2019
3,377 
236 
3,613 
Charge for the year
413 
118 
531 
At 31 October 2020
3,790 
354 
4,144 
Net book value
At 31 October 2020
- 
236 
236 
At 31 October 2019
413 
354 
767 
5
Debtors: amounts falling due within one year
2020 
2019 
£ 
£ 
Other debtors
14,744 
8,593 
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BESTTOHAVE LTD Notes to the Accounts for the year ended 31 October 2020
6
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
VAT
3,933 
- 
Taxes and social security
4,070 
8,488 
Other creditors
1,152 
- 
Loans from directors
- 
9,615 
9,155 
18,103 
7
Creditors: amounts falling due after more than one year
2020 
2019 
£ 
£ 
Bank loans
33,941 
924 
8
Average number of employees
During the year the average number of employees was 0 (2019: 2).
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