1 April 2023 false No description of principal activity Taxfiler 2024.5 true 10763170business:PrivateLimitedCompanyLtd2023-04-012024-03-31 107631702023-03-31 107631702023-04-012024-03-31 10763170business:AuditExemptWithAccountantsReport2023-04-012024-03-31 10763170business:FilletedAccounts2023-04-012024-03-31 107631702024-03-31 10763170business:Director12023-04-012024-03-31 10763170business:RegisteredOffice2023-04-012024-03-31 107631702023-03-31 10763170core:WithinOneYear2024-03-31 10763170core:WithinOneYear2023-03-31 10763170core:AfterOneYear2024-03-31 10763170core:AfterOneYear2023-03-31 10763170core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 10763170core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 10763170core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 10763170core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 10763170core:PreviouslyStatedAmount2024-03-31 10763170core:PreviouslyStatedAmount2023-03-31 10763170business:SmallEntities2023-04-012024-03-31 10763170countries:EnglandWales2023-04-012024-03-31 10763170core:PlantMachinery2023-04-012024-03-31 10763170core:MotorVehicles2023-04-012024-03-31 10763170core:LandBuildings2023-03-31 10763170core:PlantMachinery2023-03-31 10763170core:MotorVehicles2023-03-31 10763170core:LandBuildings2023-04-012024-03-31 10763170core:LandBuildings2024-03-31 10763170core:PlantMachinery2024-03-31 10763170core:MotorVehicles2024-03-31 107631702022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 10763170 (England and Wales)
Have! A Pinch Ltd Unaudited accounts for the year ended 31 March 2024
Have! A Pinch Ltd Unaudited accounts Contents
Page
- 2 -
Have! A Pinch Ltd Company Information for the year ended 31 March 2024
Director
Levente Hadnagy
Company Number
10763170 (England and Wales)
Registered Office
14 Winner Street Paignton Devon TQ3 3BJ
Accountants
MA and AM Locke Accountants 2 Locksley Close Torquay Devon TQ1 3HQ
- 3 -
Have! A Pinch Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
255,350 
Investment property
229,488 
- 
229,488 
255,350 
Current assets
Debtors
1,800 
900 
Cash at bank and in hand
2 
583 
1,802 
1,483 
Creditors: amounts falling due within one year
(134,785)
(138,923)
Net current liabilities
(132,983)
(137,440)
Total assets less current liabilities
96,505 
117,910 
Creditors: amounts falling due after more than one year
(89,562)
(115,692)
Provisions for liabilities
Other provisions
- 
(218)
Net assets
6,943 
2,000 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
6,843 
1,900 
Shareholders' funds
6,943 
2,000 
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 his 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 2 October 2024 and were signed on its behalf by
Levente Hadnagy Director Company Registration No. 10763170
- 4 -
Have! A Pinch Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Have! A Pinch Ltd is a private company, limited by shares, registered in England and Wales, registration number 10763170. The registered office is 14 Winner Street, Paignton, Devon, TQ3 3BJ.
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
20% Straight line
Motor vehicles
20% Straight line
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Going concern
Support has been provided by a loan from the director who has indicated that this support will continue for the foreseeable future.
- 5 -
Have! A Pinch Ltd Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
229,488 
2,721 
36,006 
268,215 
Disposals
- 
(2,721)
(36,006)
(38,727)
Transfer to investment property
(229,488)
- 
- 
(229,488)
At 31 March 2024
- 
- 
- 
- 
Depreciation
At 1 April 2023
- 
2,721 
10,144 
12,865 
On disposals
- 
(2,721)
(10,144)
(12,865)
At 31 March 2024
- 
- 
- 
- 
Net book value
At 31 March 2024
- 
- 
- 
- 
At 31 March 2023
229,488 
- 
25,862 
255,350 
5
Investment property
2024 
£ 
Transfers from tangible fixed assets
229,488 
At 31 March 2024
229,488 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
1,800 
900 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,608 
6,380 
Obligations under finance leases and hire purchase contracts
- 
4,585 
Taxes and social security
1,343 
1,000 
Other creditors
1,008 
1,800 
Loans from directors
125,826 
125,158 
134,785 
138,923 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
89,562 
95,624 
Obligations under finance leases and hire purchase contracts
- 
20,068 
89,562 
115,692 
9
Average number of employees
During the year the average number of employees was 1 (2023: 2).
- 6 -