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
Best Choice Hire Ltd
Company Information
for the year ended 29 February 2024
Company Number
09992468 (England and Wales)
Registered Office
143 West Hendon Broadway
London
London
NW9 7DY
England
Best Choice Hire Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
149,695
205,779
Cash at bank and in hand
57,300
118,764
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
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
Best Choice Hire Ltd
Notes to the Accounts
for the year ended 29 February 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
At 29 February 2024
149,684
6
5
149,695
At 28 February 2023
205,388
250
141
205,779
Amounts falling due within one year
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
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).