Acorah Software Products - Accounts Production 15.0.500 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 10963998 Bettina Looney iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10963998 2022-12-31 10963998 2023-12-31 10963998 2023-01-01 2023-12-31 10963998 frs-core:CurrentFinancialInstruments 2023-12-31 10963998 frs-core:ComputerEquipment 2023-12-31 10963998 frs-core:ComputerEquipment 2023-01-01 2023-12-31 10963998 frs-core:ComputerEquipment 2022-12-31 10963998 frs-core:FurnitureFittings 2023-12-31 10963998 frs-core:FurnitureFittings 2023-01-01 2023-12-31 10963998 frs-core:FurnitureFittings 2022-12-31 10963998 frs-core:ShareCapital 2023-12-31 10963998 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10963998 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10963998 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 10963998 frs-bus:SmallEntities 2023-01-01 2023-12-31 10963998 frs-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 10963998 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 10963998 frs-bus:Director1 2023-01-01 2023-12-31 10963998 frs-countries:EnglandWales 2023-01-01 2023-12-31 10963998 2021-12-31 10963998 2022-12-31 10963998 2022-01-01 2022-12-31 10963998 frs-core:CurrentFinancialInstruments 2022-12-31 10963998 frs-core:ShareCapital 2022-12-31 10963998 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 10963998
Bettina Looney Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Pearl Accountants Limited
ICAEW, ATT
Contents
Page
Company Information 1
Accountant's Report 2
Balance Sheet 3
Notes to the Financial Statements 4—5
Page 1
Company Information
Director Bettina Looney
Company Number 10963998
Registered Office Pall Mall Deposit, Unit 14b
Barlby Road
London
W10 6BL
Accountants Pearl Accountants Limited
Suite 2, First Floor Profile West
950 Great West Road
Brentford
TW8 9ES
Page 1
Page 2
Accountant's Report
Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Bettina Looney Ltd for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Bettina Looney Ltd for the year ended 31 December 2023 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of Bettina Looney Ltd , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Bettina Looney Ltd and state those matters that we have agreed to state to the directors of Bettina Looney Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bettina Looney Ltd and its directors, as a body, for our work or for this report.
It is your duty to ensure that Bettina Looney Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Bettina Looney Ltd . You consider that Bettina Looney Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Bettina Looney 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 financial statements.
Signed
18/07/2024
Pearl Accountants Limited
Suite 2, First Floor Profile West
950 Great West Road
Brentford
TW8 9ES
Page 2
Page 3
Balance Sheet
Registered number: 10963998
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,063 14,282
9,063 14,282
CURRENT ASSETS
Stocks 5 38,136 19,849
Debtors 6 76,786 110,695
Cash at bank and in hand 191,532 188,692
306,454 319,236
Creditors: Amounts Falling Due Within One Year 7 (94,998 ) (113,591 )
NET CURRENT ASSETS (LIABILITIES) 211,456 205,645
TOTAL ASSETS LESS CURRENT LIABILITIES 220,519 219,927
NET ASSETS 220,519 219,927
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 220,518 219,926
SHAREHOLDERS' FUNDS 220,519 219,927
For the year ending 31 December 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 directors acknowledge their 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.
The financial statements were approved by the board of directors on 18 July 2024 and were signed on its behalf by:
Bettina Looney
Director
18/07/2024
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Bettina Looney Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10963998 . The registered office is Pall Mall Deposit, Unit 14b, Barlby Road, London, W10 6BL.
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.
Presentation currency
Monetary figures for this client's accounts will be reported in United Kingdom, Pounds sterling £.
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.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings depreciated on straight line method over 3 years.
Computer Equipment depreciated on straight line method over 3 years.
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2022: 7)
7 7
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2023 26,673 12,048 38,721
Additions 1,119 2,328 3,447
Disposals - (1,441 ) (1,441 )
As at 31 December 2023 27,792 12,935 40,727
Depreciation
As at 1 January 2023 16,469 7,970 24,439
Provided during the period 5,520 1,705 7,225
As at 31 December 2023 21,989 9,675 31,664
Net Book Value
As at 31 December 2023 5,803 3,260 9,063
As at 1 January 2023 10,204 4,078 14,282
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Page 5
5. Stocks
2023 2022
£ £
Finished goods 38,136 19,849
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 2,072 -
Other debtors 74,714 110,695
76,786 110,695
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 61,069 76,332
Taxation and social security 33,929 37,259
94,998 113,591
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
  1 Ordinary shares of £1 each
Page 5