Better With Property Ltd
Better With Property Ltd
Registered number: 13962494
Unaudited Financial Statements
For the Period
8 March 2022
to
31 March 2023
Booth & Co
Better With Property Ltd
Unaudited Financial Statements
For the Period
8 March 2022
to
31 March 2023
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—4 |
Page 1
Better With Property Ltd
Balance Sheet
As At
31 March 2023
Balance Sheet
Registered number:
13962494
For the period ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
| 31 March 2023 | |||
|---|---|---|---|
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Investment Properties | 4 |
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| CURRENT ASSETS | |||
| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 5 |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
( |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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||
| Creditors: Amounts Falling Due After More Than One Year | 6 |
( |
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| NET LIABILITIES |
( |
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| CAPITAL AND RESERVES | |||
| Called up share capital | 7 |
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| Profit and Loss Account |
( |
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| SHAREHOLDERS' FUNDS | (1,090) | ||
Page 1
Page 2
Better With Property Ltd
Balance Sheet (continued)
As At
31 March 2023
On behalf of the board
|
Director
|
|
|
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Better With Property Ltd
Notes to the Financial Statements
For the Period
8 March 2022
to
31 March 2023
Notes to the Financial Statements
1.
General Information
Better With Property Ltd
is a private company, limited by shares, incorporated in England & Wales, registered number
13962494
. The registered office is The Hermitage, 15a Shenfield Road, BRENTWOOD, Essex, CM15 8AG.
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3.
Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 1
4.
Investment Property
| 31 March 2023 | |
|---|---|
| £ | |
| Fair Value | |
| As at
|
|
| Additions |
|
| As at
|
|
5.
Creditors: Amounts Falling Due Within One Year
| 31 March 2023 | |
|---|---|
| £ | |
| Bank loans and overdrafts |
|
| Accruals and deferred income |
|
| Director's loan account |
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Page 3
Page 4
Better With Property Ltd
Notes to the Financial Statements (continued)
For the Period
8 March 2022
to
31 March 2023
6.
Creditors: Amounts Falling Due After More Than One Year
| 31 March 2023 | |
|---|---|
| £ | |
| Bank loans |
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|
|
7.
Share Capital
| 31 March 2023 | |
|---|---|
| £ | |
| Allotted, Called up and fully paid |
|
Page 4