Better With Money Ltd - Accounts to registrar (filleted) - small 18.2
Better With Money Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1st September 2019 to 31st March 2020 |
for |
Better With Money Ltd |
Better With Money Ltd (Registered number: 09943881) |
Contents of the Financial Statements |
for the Period 1st September 2019 to 31st March 2020 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Chartered Accountants' Report | 5 |
Better With Money Ltd |
Company Information |
for the Period 1st September 2019 to 31st March 2020 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
29a Crown Street |
Brentwood |
Essex |
CM14 4BA |
Better With Money Ltd (Registered number: 09943881) |
Balance Sheet |
31st March 2020 |
31.3.20 | 31.8.19 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
The director acknowledges her responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
Better With Money Ltd (Registered number: 09943881) |
Notes to the Financial Statements |
for the Period 1st September 2019 to 31st March 2020 |
1. | STATUTORY INFORMATION |
Better With Money Ltd is a |
registered number and registered office address can be found on the Company Information page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The director has reviewed the ongoing situation with COVID-19 and she considers it reasonable to prepare the |
financial statements on a going concern basis. It is expected that the company's income will continue to be generated |
during the course of the pandemic and, therefore, the director has no significant concern as to the company's ability |
to continue to trade for the next 12 months. |
Revenue recognition |
Revenue is measured based upon the sales vale of work performed during the year by reference to the total sales |
value and the stage of completion of each contract and excludes Value Added Tax. |
Tangible fixed assets |
Plant and machinery etc | - |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the |
extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
substantively enacted by the balance sheet date. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
Better With Money Ltd (Registered number: 09943881) |
Notes to the Financial Statements - continued |
for the Period 1st September 2019 to 31st March 2020 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1st September 2019 |
Additions |
Disposals | ( |
) |
At 31st March 2020 |
DEPRECIATION |
At 1st September 2019 |
Charge for period |
Eliminated on disposal | ( |
) |
At 31st March 2020 |
NET BOOK VALUE |
At 31st March 2020 |
At 31st August 2019 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.20 | 31.8.19 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.20 | 31.8.19 |
£ | £ |
Payments on account |
Trade creditors |
Taxation and social security |
Other creditors |
Chartered Accountants' Report to the Director |
on the Unaudited Financial Statements of |
Better With Money Ltd |
The following reproduces the text of the report prepared for the director in respect of the company's annual |
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a |
Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the |
Report of the Director are not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial |
statements of Better With Money Ltd for the period ended 31st March 2020 which comprise the Income Statement, Balance |
Sheet and the related notes from the company's accounting records and from information and explanations you have given |
us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the director of Better With Money Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Better With Money Ltd and state those matters that we have agreed to state to the director of Better With Money Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Better With Money Ltd and its director for our work or for this report. |
It is your duty to ensure that Better With Money Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Better With Money Ltd. You consider that Better With Money Ltd is exempt from the statutory audit requirement for the period. |
We have not been instructed to carry out an audit or a review of the financial statements of Better With Money Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Chartered Accountants |
29a Crown Street |
Brentwood |
Essex |
CM14 4BA |