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Company Registration No. 12240845 (England and Wales)
Better Buildings Limited Accounts for the year ended 31 October 2023
Better Buildings Limited Accounts Contents
Page
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Better Buildings Limited Company Information for the year ended 31 October 2023
Director
Asif Ahmed
Company Number
12240845 (England and Wales)
Registered Office
Office G26, CT3 Building, Wigan Investment Centre, Waterside Drive Wigan WN3 5BA
Accountants
Tax50 Wigan Investment Centre Waterside Drive Wigan WN3 5BA
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Better Buildings Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
260,000 
120,000 
Current assets
Cash at bank and in hand
9,654 
11,079 
Net current assets
9,654 
11,079 
Total assets less current liabilities
269,654 
131,079 
Creditors: amounts falling due after more than one year
(273,466)
(132,670)
Net liabilities
(3,812)
(1,591)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(3,912)
(1,691)
Shareholders' funds
(3,812)
(1,591)
For the year ending 31 October 2023 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 his 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 1 July 2024 and were signed on its behalf by
Asif Ahmed Director Company Registration No. 12240845
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Better Buildings Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Better Buildings Limited is a private company, limited by shares, registered in England and Wales, registration number 12240845. The registered office is Office G26, CT3 Building,, Wigan Investment Centre, Waterside Drive, Wigan, WN3 5BA.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
These accounts have been prepared on a "Going Concern" basis, which assumes the company will continue to trade normally for the foreseeable future.
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:
Land & buildings
0%
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 November 2022
120,000 
Additions
140,000 
At 31 October 2023
260,000 
Depreciation
At 31 October 2023
- 
Net book value
At 31 October 2023
260,000 
At 31 October 2022
120,000 
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Better Buildings Limited Notes to the Accounts for the year ended 31 October 2023
5
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
196,270 
17,149 
Other creditors
- 
38,325 
Loans from directors
77,196 
77,196 
273,466 
132,670 
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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