The Better Home Company Europe Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 12062925

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Debtors	4	102,716		103,426
Cash at bank and in hand		144,749		7,430

		247,465		110,856
Creditors: Amounts Falling Due Within One Year	5	(302,971 )		(131,523 )

NET CURRENT ASSETS (LIABILITIES)			(55,506 )		(20,667 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(55,506 )		(20,667 )

Creditors: Amounts Falling Due After More Than One Year	6		(26,186 )		(40,999 )

NET LIABILITIES			(81,692 )		(61,666 )

CAPITAL AND RESERVES
Called up share capital	7		100,000		100,000
Profit and Loss Account			(181,692 )		(161,666 )

SHAREHOLDERS' FUNDS			(81,692)		(61,666)

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 Mads Dal

Director

30th September 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

The Better Home Company Europe Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12062925 . The registered office is Morie Street Studios 4 Morie Street, Studio 6, London, England, SW18 1SL.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. 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:

Plant & Machinery

3 years straight line

2.4. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 2)

4. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	-	710
Other debtors	102,716	102,716

	102,716	103,426

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	2,120	61
Bank loans and overdrafts	9,243	-
Amounts owed to participating interests	96,875	53,170
Other creditors	161,379	34,138
Taxation and social security	33,354	44,154

	302,971	131,523

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The Better Home Company Europe Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

6. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	26,186	40,999

Bank loans include an amount of £35,429 with an interest rate of 2.5%, due back over monthly repayments until December 2027.

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100,000	100,000

8. Related Party Transactions

Included within Creditors due within one year is the following director loan:

Mr Mads Dal - £11,379

The above loan is unsecured, interest free and repayable on demand.

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