Company Registration No. 07897317 (England and Wales)
Better Health Limited
Unaudited accounts
for the year ended 31 January 2025
Better Health Limited
Unaudited accounts
Contents
Better Health Limited
Company Information
for the year ended 31 January 2025
Directors
Jonathan Philp
Philippa Dunn
Company Number
07897317 (England and Wales)
Registered Office
C/O WONDERSTUFF 1 SALTERS ROAD
GOSFORTH
NEWCASTLE UPON TYNE
TYNE & WEAR
NE3 1DH
ENGLAND
Accountants
Harwood Business Services Limited
Woodstock
Felton
Morpeth
Northumberland
NE65 9HP
Better Health Limited
Statement of financial position
as at 31 January 2025
Tangible assets
5,086
5,651
Inventories
351,665
411,330
Cash at bank and in hand
280,513
287,795
Creditors: amounts falling due within one year
(589,748)
(428,404)
Net current assets
499,737
679,747
Total assets less current liabilities
504,823
685,398
Creditors: amounts falling due after more than one year
(141,545)
(367,114)
Net assets
363,278
318,284
Called up share capital
270
270
Share premium
1,115,071
1,115,071
Profit and loss account
(752,063)
(797,057)
Shareholders' funds
363,278
318,284
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 23 July 2025 and were signed on its behalf by
Jonathan Philp
Director
Company Registration No. 07897317
Better Health Limited
Notes to the Accounts
for the year ended 31 January 2025
Better Health Limited is a private company, limited by shares, registered in England and Wales, registration number 07897317. The registered office is C/O WONDERSTUFF 1 SALTERS ROAD, GOSFORTH, NEWCASTLE UPON TYNE, TYNE & WEAR, NE3 1DH, ENGLAND.
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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.
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
15% Reducing Balance Basis
Computer equipment
33% Straight Line Basis
The financial statements have been prepared on a going concern basis and in accordance with United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). During the year the directors secured further loan funding that provided the required funding to meet all liabilities as they fall due. For this reason the directors believe that the going concern basis for preparing the financial statements is appropriate.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2024
5,365
8,169
13,534
At 31 January 2025
5,365
10,201
15,566
At 1 February 2024
4,043
3,840
7,883
Charge for the year
198
2,399
2,597
At 31 January 2025
4,241
6,239
10,480
At 31 January 2025
1,124
3,962
5,086
At 31 January 2024
1,322
4,329
5,651
Better Health Limited
Notes to the Accounts
for the year ended 31 January 2025
Amounts falling due within one year
Trade debtors
329,765
266,153
Accrued income and prepayments
25,224
86,396
Other debtors
102,318
56,477
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
56,467
52,261
Trade creditors
146,537
143,011
Taxes and social security
5,008
18,488
Other creditors
195,192
46,603
Loans from directors
4,655
4,655
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Creditors: amounts falling due after more than one year
2025
2024
Bank loans
141,545
198,012
Other creditors includes a loan of £180,603 (2024: £169,102) from Broody Limited, a connected company by virtue of shareholding and a common director, P Dunn.
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan
(4,655)
-
-
(4,655)
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Transactions with related parties
Included within other creditors is £180,603 (2024: 169,102) which was owed to a connected company, Broody Limited (company number 10525109). The amount was fully repaid on 9 June 2025.
10
Average number of employees
During the year the average number of employees was 6 (2024: 9).