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Company Registration No. 09992468 (England and Wales)
Best Choice Hire Ltd Unaudited accounts for the year ended 29 February 2024
Best Choice Hire Ltd Unaudited accounts Contents
Page
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Best Choice Hire Ltd Company Information for the year ended 29 February 2024
Director
Basir sangerwal
Company Number
09992468 (England and Wales)
Registered Office
143 West Hendon Broadway London London NW9 7DY England
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Best Choice Hire Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
149,695 
205,779 
Current assets
Debtors
- 
4,827 
Cash at bank and in hand
57,300 
118,764 
57,300 
123,591 
Creditors: amounts falling due within one year
(51,305)
(159,452)
Net current assets/(liabilities)
5,995 
(35,861)
Net assets
155,690 
169,918 
Capital and reserves
Called up share capital
10,000 
10,000 
Profit and loss account
145,690 
159,918 
Shareholders' funds
155,690 
169,918 
For the year ending 29 February 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 20 November 2024 and were signed on its behalf by
Basir sangerwal Director Company Registration No. 09992468
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Best Choice Hire Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Best Choice Hire Ltd is a private company, limited by shares, registered in England and Wales, registration number 09992468. The registered office is 143 West Hendon Broadway, London, London, NW9 7DY, 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:
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
351,249 
1,582 
1,369 
354,200 
Additions
22,336 
- 
- 
22,336 
At 29 February 2024
373,585 
1,582 
1,369 
376,536 
Depreciation
At 1 March 2023
145,861 
1,332 
1,228 
148,421 
Charge for the year
78,040 
244 
136 
78,420 
At 29 February 2024
223,901 
1,576 
1,364 
226,841 
Net book value
At 29 February 2024
149,684 
6 
5 
149,695 
At 28 February 2023
205,388 
250 
141 
205,779 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
4,827 
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Best Choice Hire Ltd Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
2,420 
2,420 
Trade creditors
48,885 
70,181 
Loans from directors
- 
80,851 
Accruals
- 
6,000 
51,305 
159,452 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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