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REGISTERED NUMBER: 08492553 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2023

for

better decisions group Limited

better decisions group Limited (Registered number: 08492553)

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










Page

Company information 1

Chartered accountants' report 2

Statement of financial position 3 to 4

Notes to the financial statements 5 to 7


better decisions group Limited

Company Information
for the Year Ended 31 December 2023







Directors: C Kiock
T L Owen





Registered office: 62 Hatt Close
Moulton
Spalding
Lincolnshire
PE12 6PY





Business address: Holland House
16 High Street
Spalding
Lincolnshire
PE11 1TW





Registered number: 08492553 (England and Wales)





Accountants: Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
better decisions group Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of better decisions group Limited for the year ended 31 December 2023 which comprise the Statement of income and retained earnings, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of better decisions group Limited, as a body, in accordance with the terms of our engagement letter dated 23 November 2018. Our work has been undertaken solely to prepare for your approval the financial statements of better decisions group Limited and state those matters that we have agreed to state to the Board of Directors of better decisions group Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than better decisions group Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that better decisions group Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of better decisions group Limited. You consider that better decisions group Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of better decisions group Limited. 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 statutory financial statements.






Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB


18 June 2024

better decisions group Limited (Registered number: 08492553)

Statement of Financial Position
31 December 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 5 21,826 23,451

Current assets
Debtors 6 735,899 526,894
Cash at bank 131,302 61,828
867,201 588,722
Creditors
Amounts falling due within one year 7 302,328 172,908
Net current assets 564,873 415,814
Total assets less current liabilities 586,699 439,265

Provisions for liabilities 5,457 5,863
Net assets 581,242 433,402

Capital and reserves
Called up share capital 9 2 2
Retained earnings 581,240 433,400
Shareholders' funds 581,242 433,402

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 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.

better decisions group Limited (Registered number: 08492553)

Statement of Financial Position - 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 June 2024 and were signed on its behalf by:




C Kiock - Director



T L Owen - Director


better decisions group Limited (Registered number: 08492553)

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


1. Statutory information

better decisions group 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
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.

Office Equipment - 25 % on a straight line basis
Fixtures and Fittings - 25% on a straight line basis

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

better decisions group Limited (Registered number: 08492553)

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


3. Accounting policies - continued

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.

4. Employees and directors

The average number of employees during the year was 19 (2022 - 14 ) .

5. Tangible fixed assets
Fixtures
and Office
fittings equipment Totals
£    £    £   
Cost
At 1 January 2023 4,400 37,099 41,499
Additions - 10,789 10,789
At 31 December 2023 4,400 47,888 52,288
Depreciation
At 1 January 2023 1,838 16,210 18,048
Charge for year 1,100 11,314 12,414
At 31 December 2023 2,938 27,524 30,462
Net book value
At 31 December 2023 1,462 20,364 21,826
At 31 December 2022 2,562 20,889 23,451

6. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 337,977 155,692
Amounts owed by group undertakings 388,457 345,663
Other debtors 500 1,625
Directors' current accounts - 12,320
Prepayments and accrued income 8,965 11,594
735,899 526,894

7. Creditors: amounts falling due within one year
2023 2022
£    £   
Trade creditors 15,776 21,997
Corporation tax 44,587 66,094
Social security and other taxes 22,999 12,553
VAT 107,795 51,397
Pension liability 5,253 2,671
Directors' current accounts 1,082 -
Accruals and deferred income 104,836 18,196
302,328 172,908

better decisions group Limited (Registered number: 08492553)

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


8. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 22,042 24,992
Between one and five years 55,374 68,184
In more than five years - 1,189
77,416 94,365

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary Shares 1.00 2 2

10. Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
C Kiock
Balance outstanding at start of year 12,320 (9,558 )
Amounts advanced 518 23,156
Amounts repaid (13,920 ) (1,278 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,082 ) 12,320

The above figures are aggregated. Interest at 2% and 2.25% was charged to the overdrawn amounts.