Registered number
11179053
Better Counsel Ltd.
Unaudited Filleted Accounts
31 March 2025
Better Counsel Ltd.
Registered number: 11179053
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 579 869
Current assets
Debtors 4 74,791 5,791
Cash at bank and in hand 90,106 73,809
164,897 79,600
Creditors: amounts falling due within one year 5 (51,463) (27,073)
Net current assets 113,434 52,527
Total assets less current liabilities 114,013 53,396
Provisions for liabilities (126) (165)
Net assets 113,887 53,231
Capital and reserves
Called up share capital 100 100
Profit and loss account 113,787 53,131
Shareholders' funds 113,887 53,231
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Tina Benson
Director
Approved by the board on 1 July 2025
Better Counsel Ltd.
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The financial statements are presented in sterling which is the functional currency of the company and are rounded ot the nearest £.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 4 years
Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable and payable within one year are recorded at transaction price. Any losses from impairment are recognised in the profit and loss account in other administrative expenses.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024 6,083
At 31 March 2025 6,083
Depreciation
At 1 April 2024 5,214
Charge for the year 290
At 31 March 2025 5,504
Net book value
At 31 March 2025 579
At 31 March 2024 869
4 Debtors 2025 2024
£ £
Trade debtors 17,072 -
Other debtors 57,719 5,791
74,791 5,791
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 25 6,849
Taxation and social security costs 26,299 7,828
Other creditors 25,139 12,396
51,463 27,073
6 Loans (to)/from directors
B/fwd Paid Repaid C/fwd
£ £ £ £
Director 1
Interest charged at HMRC's official rate, repayable on demand 3,000 (33,017) 3,700 (26,317)
Director 1
Interest charged at HMRC's official rate, repayable on demand 3,000 (33,017) 3,700 (26,317)
6,000 (66,034) 7,400 (52,634)
7 Other information
Better Counsel Ltd. is a private company limited by shares and incorporated in England. Its registered office is:
5 Providence Court
Pynes Hill
Exeter
Devon
EX2 5JL
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