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Company Registration No. 11279724 (England and Wales)
MUST HAVE BINS LIMITED Unaudited accounts for the year ended 31 March 2024
MUST HAVE BINS LIMITED Unaudited accounts Contents
Page
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MUST HAVE BINS LIMITED Company Information for the year ended 31 March 2024
Director
Baldev Grewal
Company Number
11279724 (England and Wales)
Registered Office
10 REGENTS PLAZA 6 GREVILLE ROAD LONDON NW6 5HU ENGLAND
Accountants
CASA Accountancy & Bookkeeping Ltd 17 Lipizzaner Fields Whiteley Fareham Hampshire PO15 7BH
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MUST HAVE BINS LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
61,072 
66,460 
Current assets
Inventories
35,060 
40,000 
Debtors
19,754 
12,218 
Cash at bank and in hand
36,325 
11,749 
91,139 
63,967 
Creditors: amounts falling due within one year
(64,517)
(56,690)
Net current assets
26,622 
7,277 
Total assets less current liabilities
87,694 
73,737 
Creditors: amounts falling due after more than one year
(24,676)
(31,820)
Net assets
63,018 
41,917 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
62,918 
41,817 
Shareholders' funds
63,018 
41,917 
For the year ending 31 March 2024 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 6 September 2024 and were signed on its behalf by
Baldev Grewal Director Company Registration No. 11279724
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MUST HAVE BINS LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
MUST HAVE BINS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11279724. The registered office is 10 REGENTS PLAZA, 6 GREVILLE ROAD, LONDON, NW6 5HU, 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:
Computer equipment
33.33% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
89,812 
At 31 March 2024
89,812 
Amortisation
At 1 April 2023
23,352 
Charge for the year
5,388 
At 31 March 2024
28,740 
Net book value
At 31 March 2024
61,072 
At 31 March 2023
66,460 
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MUST HAVE BINS LIMITED Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
1,822 
At 31 March 2024
1,822 
Depreciation
At 1 April 2023
1,822 
At 31 March 2024
1,822 
Net book value
At 31 March 2024
- 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
19,754 
12,218 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
21,307 
1,152 
Trade creditors
27,155 
15,425 
Taxes and social security
6,323 
2,930 
Loans from directors
9,732 
37,183 
64,517 
56,690 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
24,676 
31,820 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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