Acorah Software Products - Accounts Production 16.4.675 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 12393734 Mr J Nagarajah Mr K Ng Dr M Sidler iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12393734 2023-12-31 12393734 2024-12-31 12393734 2024-01-01 2024-12-31 12393734 frs-core:CurrentFinancialInstruments 2024-12-31 12393734 frs-core:BetweenOneFiveYears 2024-12-31 12393734 frs-core:ComputerEquipment 2024-12-31 12393734 frs-core:ComputerEquipment 2024-01-01 2024-12-31 12393734 frs-core:ComputerEquipment 2023-12-31 12393734 frs-core:FurnitureFittings 2024-12-31 12393734 frs-core:FurnitureFittings 2024-01-01 2024-12-31 12393734 frs-core:FurnitureFittings 2023-12-31 12393734 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 12393734 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 12393734 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 12393734 frs-core:PlantMachinery 2024-12-31 12393734 frs-core:PlantMachinery 2024-01-01 2024-12-31 12393734 frs-core:PlantMachinery 2023-12-31 12393734 frs-core:WithinOneYear 2024-12-31 12393734 frs-core:SharePremium 2024-12-31 12393734 frs-core:ShareCapital 2024-12-31 12393734 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12393734 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12393734 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 12393734 frs-bus:SmallEntities 2024-01-01 2024-12-31 12393734 frs-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 12393734 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12393734 frs-bus:Director1 2024-01-01 2024-12-31 12393734 frs-bus:Director2 2024-01-01 2024-12-31 12393734 frs-bus:Director3 2024-01-01 2024-12-31 12393734 frs-core:CurrentFinancialInstruments 9 2024-12-31 12393734 frs-countries:EnglandWales 2024-01-01 2024-12-31 12393734 2022-12-31 12393734 2023-12-31 12393734 2023-01-01 2023-12-31 12393734 frs-core:CurrentFinancialInstruments 2023-12-31 12393734 frs-core:BetweenOneFiveYears 2023-12-31 12393734 frs-core:WithinOneYear 2023-12-31 12393734 frs-core:SharePremium 2023-12-31 12393734 frs-core:ShareCapital 2023-12-31 12393734 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12393734 frs-core:CurrentFinancialInstruments 9 2023-12-31
Registered number: 12393734
Better Dairy Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
dines Accountancy Limited
Better Dairy Limited
Contents
Contents

| Page
--- | ---
Accountant's Report | 1
Balance Sheet | 2
Notes to the Financial Statements | 3—5

Page 1
Better Dairy Limited
Accountant's Report
For The Year Ended 31 December 2024
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Better Dairy Limited For The Year Ended 31 December 2024
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Better Dairy Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Better Dairy Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Better Dairy Limited and state those matters that we have agreed to state to the directors of Better Dairy Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Better Dairy Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Better Dairy Limited 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 or loss of Better Dairy Limited . You consider that Better Dairy Limited 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 Better Dairy Limited . 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 financial statements.

Robert Fiford FCCA
19/09/2025

dines Accountancy Limited
ACCA
Edinburgh House
170 Kennington Lane
London
SE11 5DP
Page 1
Page 2
Better Dairy Limited
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: 12393734

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 369,321 |  | 755,901
|  |  | 369,321 |  | 755,901
CURRENT ASSETS
Debtors | 5 | 1,218,495 |  | 188,123 |
Cash at bank and in hand |  | 5,672,105 |  | 9,175,266 |
|  | 6,890,600 |  | 9,363,389 |
Creditors: Amounts Falling Due Within One Year | 6 | (480,880 ) |  | (372,485 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 6,409,720 |  | 8,990,904
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 6,779,041 |  | 9,746,805
NET ASSETS |  |  | 6,779,041 |  | 9,746,805
CAPITAL AND RESERVES
Called up share capital | 7 |  | 172 |  | 172
Share premium account |  |  | 17,929,767 |  | 17,929,767
Profit and Loss Account |  |  | (11,150,898 ) |  | (8,183,134 )
SHAREHOLDERS' FUNDS |  |  | 6,779,041 |  | 9,746,805

For the year ending 31 December 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr J Nagarajah Director
19/09/2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Better Dairy Limited
Notes to the Financial Statements
For The Year Ended 31 December 2024
Notes to the Financial Statements
1. General Information
Better Dairy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12393734 . The registered office is Unit J/K Bagel Factory, 24 White Post Lane, London, E9 5SZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold | 20% on cost
Plant & Machinery | 33% on cost
Fixtures & Fittings | 33% on cost
Computer Equipment | 33% on cost

2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 31 (2023: 26)
31 26
Page 3
Page 4
Better Dairy Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
4. Tangible Assets

| Land & Property
--- | ---
| Leasehold | Plant & Machinery | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £ | £
Cost
As at 1 January 2024 | 26,270 | 1,192,323 | 72,066 | 51,091 | 1,341,750
Additions | - | 34,101 | 1,906 | 4,308 | 40,315
As at 31 December 2024 | 26,270 | 1,226,424 | 73,972 | 55,399 | 1,382,065
Depreciation
As at 1 January 2024 | 8,662 | 526,056 | 28,929 | 22,202 | 585,849
Provided during the period | 5,254 | 381,000 | 23,254 | 17,387 | 426,895
As at 31 December 2024 | 13,916 | 907,056 | 52,183 | 39,589 | 1,012,744
Net Book Value
As at 31 December 2024 | 12,354 | 319,368 | 21,789 | 15,810 | 369,321
As at 1 January 2024 | 17,608 | 666,267 | 43,137 | 28,889 | 755,901

5. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | 98,132 |  | 80,102
Other debtors | 63,639 |  | 60,654
Corporation tax recoverable assets | 1,026,477 |  | -
VAT | 30,247 |  | 47,367
| 1,218,495 |  | 188,123

6. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Trade creditors | 76,406 |  | 227,596
Bank loans and overdrafts | - |  | 14,377
Other taxes and social security | 134,603 |  | 55,168
Other creditors | 6,331 |  | 6,372
Accruals and deferred income | 262,314 |  | 68,058
Directors' loan accounts | 1,226 |  | 914
| 480,880 |  | 372,485

7. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 172 |  | 172

Page 4
Page 5
Better Dairy Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
8. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Not later than one year | 180,087 |  | 190,245
Later than one year and not later than five years | 174,391 |  | 144,532
| 354,478 |  | 334,777

Page 5