Company Registration No. 09495963 (England and Wales)
Morebetter Ltd
Unaudited accounts
for the year ended 31 March 2025
Morebetter Ltd
Unaudited accounts
Contents
Morebetter Ltd
Company Information
for the year ended 31 March 2025
Company Number
09495963 (England and Wales)
Registered Office
8th Floor, Elizabeth House,
54-58 High Street,
Edgware,
Middlesex
HA8 7EJ
United Kingdom
Accountants
Accountancy SOS
21 Gorsehill Road
Poole,
DORSET
BH15 3QH
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Morebetter Ltd for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Morebetter Ltd for the year ended
31 March 2025 as set out on pages
5 -
7 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 at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Morebetter Ltd, as a body, in accordance with the terms of our engagement letter dated 31 March 2016. Our work has been undertaken solely to prepare for your approval the accounts of Morebetter Ltd and state those matters that we have agreed to state to the Board of Directors of Morebetter Ltd, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Morebetter Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Morebetter 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 of Morebetter Ltd. You consider that Morebetter Ltd 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 accounts of Morebetter 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 statutory accounts.
Accountancy SOS
Chartered Accountants
21 Gorsehill Road
Poole,
DORSET
BH15 3QH
25 April 2025
Morebetter Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
5,166
10,057
Creditors: amounts falling due within one year
(20,022)
(17,961)
Net current liabilities
(13,601)
(7,904)
Net liabilities
(13,601)
(7,904)
Called up share capital
100
100
Profit and loss account
(13,701)
(8,004)
Shareholders' funds
(13,601)
(7,904)
For the year ending 31 March 2025 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 12 May 2025 and were signed on its behalf by
Floris Ramaekers
Director
Company Registration No. 09495963
Morebetter Ltd
Notes to the Accounts
for the year ended 31 March 2025
Morebetter Ltd is a private company, limited by shares, registered in England and Wales, registration number 09495963. The registered office is 8th Floor, Elizabeth House, , 54-58 High Street,, Edgware, , Middlesex, HA8 7EJ, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Motor vehicles
25% straight line
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
3,980
4,996
516
7,031
16,523
At 31 March 2025
3,980
4,996
516
7,031
16,523
At 1 April 2024
3,980
4,996
516
7,031
16,523
At 31 March 2025
3,980
4,996
516
7,031
16,523
At 31 March 2025
-
-
-
-
-
Morebetter Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Amounts falling due after more than one year
Accrued income and prepayments
235
-
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
572
954
Loans from directors
19,050
16,339
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).