Company Registration No. 08322085 (England and Wales)
HAVEBEST LIMITED
Unaudited accounts
for the year ended 31 December 2024
HAVEBEST LIMITED
Unaudited accounts
Contents
HAVEBEST LIMITED
Company Information
for the year ended 31 December 2024
Company Number
08322085 (England and Wales)
Registered Office
First Floor, Unit 14, Piccadilly Trading
Manchester
M1 2NP
England
Accountants
HLA Accountants
21 Hyde Park Road
Leeds
West Yorkshire
LS6 1PY
HAVEBEST LIMITED
Statement of financial position
as at 31 December 2024
Tangible assets
27,419
34,271
Cash at bank and in hand
(148)
15,402
Creditors: amounts falling due within one year
(60,622)
(69,416)
Net current assets
10,112
8,564
Called up share capital
1
1
Profit and loss account
37,530
42,834
Shareholders' funds
37,531
42,835
For the year ending 31 December 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 19 December 2025 and were signed on its behalf by
Liyuan CHANG
Director
Company Registration No. 08322085
HAVEBEST LIMITED
Notes to the Accounts
for the year ended 31 December 2024
HAVEBEST LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08322085. The registered office is First Floor, Unit 14, Piccadilly Trading, Manchester, M1 2NP, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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% diminishing balance method.
Fixtures & fittings
20% diminishing balance method.
Computer equipment
20% diminishing balance method.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Retail sale in non-specialised stores with food, beverages or tobacco predominating
HAVEBEST LIMITED
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
8,123
38,440
1,502
48,065
At 31 December 2024
8,123
38,440
1,502
48,065
At 1 January 2024
4,795
8,401
598
13,794
Charge for the year
665
6,007
180
6,852
At 31 December 2024
5,460
14,408
778
20,646
At 31 December 2024
2,663
24,032
724
27,419
At 31 December 2023
3,328
30,039
904
34,271
Amounts falling due within one year
Trade debtors
70,482
52,019
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
3,499
Trade creditors
39,036
41,325
Taxes and social security
1,135
1,991
Loans from directors
13,316
18,550
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Average number of employees
During the year the average number of employees was 1 (2023: 1).