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REGISTERED NUMBER: 11722806 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Behaviourlab Limited

Behaviourlab Limited (Registered number: 11722806)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Behaviourlab Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Ms M D Smith





REGISTERED OFFICE: 1417/1419
London Road
London
SW16 4AH





REGISTERED NUMBER: 11722806 (England and Wales)





ACCOUNTANTS: Adrian & Co Limited
Chartered Certified Acc
1417/1419
London Road
London
SW16 4AH

Behaviourlab Limited (Registered number: 11722806)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 27,296 27,355

CURRENT ASSETS
Debtors 5 150,433 114,251
Cash at bank 981,976 1,572,645
1,132,409 1,686,896
CREDITORS
Amounts falling due within one year 6 2,440,042 1,426,693
NET CURRENT (LIABILITIES)/ASSETS (1,307,633 ) 260,203
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,280,337

)

287,558

CAPITAL AND RESERVES
Called up share capital 64,286 64,286
Share premium 1,985,711 1,985,711
Retained earnings (3,330,334 ) (1,762,439 )
SHAREHOLDERS' FUNDS (1,280,337 ) 287,558

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

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

The director acknowledges her 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.

Behaviourlab Limited (Registered number: 11722806)

Balance Sheet - continued
31 December 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 director and authorised for issue on 28 February 2024 and were signed by:





Ms M D Smith - Director


Behaviourlab Limited (Registered number: 11722806)

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

1. STATUTORY INFORMATION

Behaviourlab 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.

25% reducing balance

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.


Behaviourlab Limited (Registered number: 11722806)

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

2. ACCOUNTING POLICIES - continued
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 14 (2022 - 14 ) .

Behaviourlab Limited (Registered number: 11722806)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 39,554
Additions 10,554
Disposals (1,083 )
At 31 December 2023 49,025
DEPRECIATION
At 1 January 2023 12,199
Charge for year 9,801
Eliminated on disposal (271 )
At 31 December 2023 21,729
NET BOOK VALUE
At 31 December 2023 27,296
At 31 December 2022 27,355

5. DEBTORS
31.12.23 31.12.22
£    £   
Amounts falling due within one year:
Trade debtors 41,200 -
Other debtors-VAT 14,313 19,331
55,513 19,331

Amounts falling due after more than one year:
Rent deposits 94,920 94,920

Aggregate amounts 150,433 114,251

Behaviourlab Limited (Registered number: 11722806)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 32,194 -
Taxation and social security (295,247 ) (256,610 )
Other creditors 2,703,095 1,683,303
2,440,042 1,426,693

7. RELATED PARTY DISCLOSURES

As at balance sheet date the company owes the director £25,184.

8. OTHER CREDITORS

Other creditors due within one year includes sum of £2,676,801 which company received as advance subscription from proposed subscribers as per Advance Subscription Agreements (ASA).