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REGISTERED NUMBER: 06684268 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

Better Brand Agency Limited

Better Brand Agency Limited (Registered number: 06684268)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Better Brand Agency Limited

Company Information
for the Year Ended 31 January 2023







DIRECTORS: M E Easby
P D Bell
A J Gatenby
J M Taylor





REGISTERED OFFICE: Better Studio
Plenary House
Queens Square
Middlesbrough
TS2 1PA





REGISTERED NUMBER: 06684268 (England and Wales)





ACCOUNTANTS: APC Accountancy
Chartered Accountants
Queens Court Business Centre
Newport Road
Middlesbrough
TS1 5EH

Better Brand Agency Limited (Registered number: 06684268)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 18,649 29,661

CURRENT ASSETS
Debtors 5 143,814 201,209
Cash at bank and in hand 235,735 173,031
379,549 374,240
CREDITORS
Amounts falling due within one year 6 126,776 141,189
NET CURRENT ASSETS 252,773 233,051
TOTAL ASSETS LESS CURRENT
LIABILITIES

271,422

262,712

PROVISIONS FOR LIABILITIES 7 3,543 5,636
NET ASSETS 267,879 257,076

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 267,679 256,876
267,879 257,076

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Better Brand Agency Limited (Registered number: 06684268)

Balance Sheet - continued
31 January 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 October 2023 and were signed on its behalf by:




M E Easby - Director



P D Bell - Director


Better Brand Agency Limited (Registered number: 06684268)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Better Brand Agency Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Taxation
Taxation for the year 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 10 ) .

Better Brand Agency Limited (Registered number: 06684268)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022 103,804
Additions 1,633
At 31 January 2023 105,437
DEPRECIATION
At 1 February 2022 74,143
Charge for year 12,645
At 31 January 2023 86,788
NET BOOK VALUE
At 31 January 2023 18,649
At 31 January 2022 29,661

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 142,038 169,830
Other debtors 1,776 31,379
143,814 201,209

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade creditors 3,604 2,230
Taxation and social security 78,984 92,547
Other creditors 44,188 46,412
126,776 141,189

7. PROVISIONS FOR LIABILITIES
31.1.23 31.1.22
£    £   
Deferred tax 3,543 5,636

Deferred
tax
£   
Balance at 1 February 2022 5,636
timing differences (2,093 )
Balance at 31 January 2023 3,543

Better Brand Agency Limited (Registered number: 06684268)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

8. RELATED PARTY DISCLOSURES

At 31st January 2023 the company owed its directors £34,581 (2022: £33,155).

9. ULTIMATE CONTROLLING PARTY

The directors consider that there is no ultimate controlling party.