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REGISTERED NUMBER: 13561099 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

FOR

THE BETTER TRENDS COMPANY LIMITED

THE BETTER TRENDS COMPANY LIMITED (REGISTERED NUMBER: 13561099)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE BETTER TRENDS COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTORS: Mrs N Alexander
Mrs L C Healy-Adonis





REGISTERED OFFICE: Orion House
28a Spital Terrace
GAINSBOROUGH
Lincolnshire
DN21 2HQ





REGISTERED NUMBER: 13561099 (England and Wales)





ACCOUNTANTS: Rigel Wolf Ltd
Orion House
28A Spital Terrace
GAINSBOROUGH
Lincolnshire
DN21 2HQ

THE BETTER TRENDS COMPANY LIMITED (REGISTERED NUMBER: 13561099)

BALANCE SHEET
31 AUGUST 2023

31.8.23 31.8.22
Notes £    £   
CURRENT ASSETS
Debtors 4 8,100 -
Cash at bank 7,998 5,998
16,098 5,998
CREDITORS
Amounts falling due within one year 5 11,141 5,905
NET CURRENT ASSETS 4,957 93
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,957

93

CAPITAL AND RESERVES
Called up share capital 6 2 3
Retained earnings 7 4,955 90
SHAREHOLDERS' FUNDS 4,957 93

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

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 16 April 2024 and were signed on its behalf by:





Mrs N Alexander - Director


THE BETTER TRENDS COMPANY LIMITED (REGISTERED NUMBER: 13561099)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1. STATUTORY INFORMATION

The Better Trends Company 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 3 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 8,100 -

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade creditors 300 -
Tax 4,894 807
Other creditors 1,785 -
Directors' current accounts 3,502 4,099
Accruals and deferred income 660 999
11,141 5,905

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.23 31.8.22
value: £    £   
1 Ordinary A £1 1 1
1 Ordinary B £1 1 1
NIL Ordinary C £1 - 1
2 3

All shares rank pari passu in regard to dividends and any other distribution.

During the year the C share was cancelled.

THE BETTER TRENDS COMPANY LIMITED (REGISTERED NUMBER: 13561099)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

7. RESERVES
Retained
earnings
£   

At 1 September 2022 90
Profit for the year 20,865
Dividends (16,000 )
At 31 August 2023 4,955

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors, Mrs N Alexander and Mrs L C Healy-Adonis charged the company £312 (2022 £312) each for use of homes as offices,

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £16,000 (2022 - £3,000) were paid to the directors .

At 31 August 2023 the following balances were owed by the company to the directors and shareholders.

2023
£
Mrs N Alexander 708
Mrs L C Healy-Adonis 2,793

3,501

These balances have been shown in Creditors.