BESTTOHAVE LTD

BESTTOHAVE LTD

BESTTOHAVE LTD - Company Information

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Company Registration No. 08715664 (England and Wales)
BESTTOHAVE LTD Unaudited accounts for the year ended 31 October 2017
BESTTOHAVE LTD Unaudited accounts Contents
Page
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BESTTOHAVE LTD Company Information for the year ended 31 October 2017
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 2017
2017 
2016 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,708 
- 
Current assets
Inventories
5
28,741 
- 
Debtors
6
51 
- 
Cash at bank and in hand
9,712 
- 
38,504 
- 
Creditors: amounts falling due within one year
7
(28,599)
- 
Net current assets
9,905 
- 
Net assets
11,613 
- 
Capital and reserves
Called up share capital
100 
- 
Profit and loss account
11,513 
- 
Shareholders' funds
11,613 
- 
For the year ending 31 October 2017 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.
Approved by the Board on 25 June 2018.
AYE THANDA MON Director Company Registration No. 08715664
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BESTTOHAVE LTD Notes to the Accounts for the year ended 31 October 2017
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
These financial statements for the year ended 31 October 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2015. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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
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BESTTOHAVE LTD Notes to the Accounts for the year ended 31 October 2017
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 November 2016
- 
Additions
2,561 
At 31 October 2017
2,561 
Depreciation
Charge for the year
853 
At 31 October 2017
853 
Net book value
At 31 October 2017
1,708 
5
Inventories
2017 
2016 
£ 
£ 
Finished goods
28,741 
- 
28,741 
- 
6
Debtors
2017 
2016 
£ 
£ 
Other debtors
51 
- 
7
Creditors: amounts falling due within one year
2017 
2016 
£ 
£ 
Taxes and social security
18,453 
- 
Other creditors
10,146 
- 
28,599 
- 
8
Average number of employees
During the year the average number of employees was 2 (2016: 2).
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