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REGISTERED NUMBER: 12922823 (England and Wales)





















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

BEHAVIORALLY UK, LTD

BEHAVIORALLY UK, LTD (REGISTERED NUMBER: 12922823)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BEHAVIORALLY UK, LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Mr S Albert
Mr J D Balarezo



REGISTERED OFFICE: 1st Floor Lynton House
7-12 Tavistock Square
London
WC1H 9LT



REGISTERED NUMBER: 12922823 (England and Wales)



SENIOR STATUTORY
AUDITOR:
Rachel Taylor FCA FMAAT



AUDITORS: Acuity Professional Partnership LLP
Unit 2.02 High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

BEHAVIORALLY UK, LTD (REGISTERED NUMBER: 12922823)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 5,328

CURRENT ASSETS
Debtors 5 280,283 264,806
Cash at bank 90,624 34,252
370,907 299,058
CREDITORS
Amounts falling due within one year 6 253,747 515,911
NET CURRENT ASSETS/(LIABILITIES) 117,160 (216,853 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

117,160

(211,525

)

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 117,159 (211,526 )
SHAREHOLDERS' FUNDS 117,160 (211,525 )

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 10 July 2024 and were signed on its behalf by:





Mr J D Balarezo - Director


BEHAVIORALLY UK, LTD (REGISTERED NUMBER: 12922823)

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


1. STATUTORY INFORMATION

Behaviorally Uk, Ltd 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.
Computer equipment - 33% 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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

BEHAVIORALLY UK, LTD (REGISTERED NUMBER: 12922823)

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


2. ACCOUNTING POLICIES - continued

GOING CONCERN
The financial statements have been prepared under the going concern basis. After making enquiries, the directors are confident the Company is a going concern and have adequate resources to continue in operational existence for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2022 - 10 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
Cost
At 1 January 2023
and 31 December 2023 6,505
Depreciation
At 1 January 2023 1,177
Charge for year 5,328
At 31 December 2023 6,505
Net book value
At 31 December 2023 -
At 31 December 2022 5,328

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 280,283 264,806

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 171,264 469,298
Taxation and social security 34,273 -
Other creditors 48,210 46,613
253,747 515,911

BEHAVIORALLY UK, LTD (REGISTERED NUMBER: 12922823)

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


7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 142,800 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Rachel Taylor FCA FMAAT (Senior Statutory Auditor)
for and on behalf of Acuity Professional Partnership LLP

10. RELATED PARTY DISCLOSURES

The company is a wholly owned subsidiary undertaking of Behaviorally LY Holding LLC, a limited liability company incorporated and organized under the laws of the United States of America, registered offices located at 500 Frank W Burr Blvd, Teaneck, NJ 07666. The ultimate parent and controlling party is Behaviorally Inc., incorporated in the United States of America, located at 500 Frank W Burr Blvd, Teaneck, NJ 07666. The company has taken advantage of the exemption given within FRS102 from disclosing transactions with other wholly owned members of the group.

The only group in which the results of the company are consolidated is that headed by Behaviorally Inc. The consolidated financial statements of this company are available to the public and may be obtained from the following address:

Behaviorally Inc
500 Frank W Burr Blvd
Teaneck
NJ 07666
USA