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REGISTERED NUMBER: 13561099 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

THE BETTER TRENDS COMPANY LIMITED

THE BETTER TRENDS COMPANY LIMITED (REGISTERED NUMBER: 13561099)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE BETTER TRENDS COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: Mrs N Alexander
Ms L C Healy





REGISTERED OFFICE: Orion House
28a Spital Terrace
GAINSBOROUGH
Lincolnshire
DN21 2HQ





REGISTERED NUMBER: 13561099 (England and Wales)





ACCOUNTANTS: Shucksmith Accountants (Gainsborough) Limited
94-96 Oswald Road
SCUNTHORPE
North Lincolnshire
DN15 7PA

THE BETTER TRENDS COMPANY LIMITED (REGISTERED NUMBER: 13561099)

BALANCE SHEET
31 AUGUST 2024

31.8.24 31.8.23
Notes £    £   
CURRENT ASSETS
Debtors 4 6,162 8,100
Cash at bank 4,109 7,998
10,271 16,098
CREDITORS
Amounts falling due within one year 5 9,695 11,141
NET CURRENT ASSETS 576 4,957
TOTAL ASSETS LESS CURRENT
LIABILITIES

576

4,957

CAPITAL AND RESERVES
Called up share capital 6 2 2
Retained earnings 7 574 4,955
SHAREHOLDERS' FUNDS 576 4,957

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 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.

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 27 May 2025 and were signed on its behalf by:





Mrs N Alexander - Director


THE BETTER TRENDS COMPANY LIMITED (REGISTERED NUMBER: 13561099)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

The Better Trends Company 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 6,162 8,100

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 150 300
Tax 6,478 4,894
Other creditors - 1,785
Directors' current accounts 2,347 3,502
Accruals and deferred income 720 660
9,695 11,141

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
1 Ordinary A £1 1 1
1 Ordinary B £1 1 1
2 2

All shares rank pari passu in regard to dividends and any other distribution.

During the year the C share was cancelled.

THE BETTER TRENDS COMPANY LIMITED (REGISTERED NUMBER: 13561099)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

7. RESERVES
Retained
earnings
£   

At 1 September 2023 4,955
Profit for the year 27,619
Dividends (32,000 )
At 31 August 2024 574

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors, Mrs N Alexander and Mrs L C Healy-Adonis charged the company £312 (2023 £312) each for use of homes as offices,

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £32,000 (2023 - £16,000) were paid to the directors .

At 31 August 2024 the following balances were owed by the company to the directors and shareholders.

2024 2023
£ £
Mrs N Alexander 1,598 708
Mrs L C Healy-Adonis 749 2,793

2,347 3502

These balances have been shown in Creditors.