Company Registration No. 14466446 (England and Wales)
Bettex Fashion Ltd
Unaudited accounts
for the year ended 30 November 2024
Bettex Fashion Ltd
Unaudited accounts
Contents
Bettex Fashion Ltd
Company Information
for the year ended 30 November 2024
Company Number
14466446 (England and Wales)
Registered Office
9-11 New Broadway
London
W5 5AW
England
Accountants
Cloud Tax Ltd
9-11 New Broadway
Ealing
London
W5 5AW
Bettex Fashion Ltd
Statement of financial position
as at 30 November 2024
Tangible assets
42,806
56,334
Cash at bank and in hand
58,329
50,991
Creditors: amounts falling due within one year
(145,423)
(188,478)
Net current assets/(liabilities)
40,726
(5,401)
Called up share capital
100
100
Profit and loss account
84,359
50,833
Shareholders' funds
84,459
50,933
For the year ending 30 November 2024 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 her 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 6 June 2025 and were signed on its behalf by
Hongyan YI
Director
Company Registration No. 14466446
Bettex Fashion Ltd
Notes to the Accounts
for the year ended 30 November 2024
Bettex Fashion Ltd is a private company, limited by shares, registered in England and Wales, registration number 14466446. The registered office is 9-11 New Broadway, London, W5 5AW, England.
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.
These financial statements for the year ended 30 November 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 7 November 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Reducing balance
Computer equipment
33% Reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Trademarks amortised over 10 years.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Bettex Fashion Ltd
Notes to the Accounts
for the year ended 30 November 2024
4
Intangible fixed assets
Other
5
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2023
8,794
15,210
43,403
67,407
At 30 November 2024
8,794
15,210
43,985
67,989
At 1 December 2023
-
2,327
8,746
11,073
Charge for the year
-
2,577
11,533
14,110
At 30 November 2024
-
4,904
20,279
25,183
At 30 November 2024
8,794
10,306
23,706
42,806
At 30 November 2023
8,794
12,883
34,657
56,334
Amounts falling due within one year
Trade debtors
52,725
24,719
Accrued income and prepayments
9,147
25,146
Other debtors
57,866
57,866
Bettex Fashion Ltd
Notes to the Accounts
for the year ended 30 November 2024
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
(11,410)
26,343
Taxes and social security
24,320
16,646
Other creditors
85,821
86,026
Loans from directors
1,698
1,142
Deferred income
33,350
58,000
At the balance sheet date, the company owes to the director an amount of £1,698.
9
Average number of employees
During the year the average number of employees was 11 (2023: 7).