Company Registration No. 10073877 (England and Wales)
Better Mondays Limited
Unaudited accounts
for the year ended 31 March 2025
Better Mondays Limited
Unaudited accounts
Contents
Better Mondays Limited
Company Information
for the year ended 31 March 2025
Directors
Richard Brenkley
Tom Cole
Company Number
10073877 (England and Wales)
Registered Office
Saxon House
27 Duke Street
CHELMSFORD
CM1 1HT
UNITED KINGDOM
Accountants
Multiply Accountancy Limited
71-75 Shelton Street
London
WC2H 9JQ
Better Mondays Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
251
10
Creditors: amounts falling due within one year
(98,588)
(87,701)
Net current liabilities
(44,531)
(21,719)
Total assets less current liabilities
(44,531)
(21,719)
Creditors: amounts falling due after more than one year
(1,577)
(11,778)
Net liabilities
(46,108)
(33,497)
Called up share capital
142
142
Profit and loss account
(46,250)
(33,639)
Shareholders' funds
(46,108)
(33,497)
For the year ending 31 March 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 24 December 2025 and were signed on its behalf by
Richard Brenkley
Director
Company Registration No. 10073877
Better Mondays Limited
Notes to the Accounts
for the year ended 31 March 2025
Better Mondays Limited is a private company, limited by shares, registered in England and Wales, registration number 10073877. The registered office is Saxon House, 27 Duke Street, CHELMSFORD, CM1 1HT, UNITED KINGDOM.
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.
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.
The Company's financial statements are prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of obligations in the normal course of business. However, the Company has not generated any revenues in the year and has accumulated losses to date. The Company does not currently have any revenue generating operations. These conditions, among others, raise substantial doubt about the ability of the Company to continue as a going concern.
In view of these matters, continuation as a going concern is dependent upon continued operations of the Company, which in turn is dependent upon the Company’s ability to, meets its financial requirements, raise additional capital, and the success of its future operations. The financial statements do not include any adjustments to the amount and classification of assets and liabilities that may be necessary should the Company not continue as a going concern.
Management plans to fund operations of the Company through advances from existing shareholders, private placement of restricted securities or the issuance of stock in lieu of cash for payment of services until such a time as a business combination or other profitable investment may be achieved. There are no written agreements in place for such funding or issuance of securities and there can be no assurance that such will be available in the future. Management believes that this plan provides an opportunity for the Company to continue as a going concern.
4
Transactions with related parties
Included within Other Debtors is an amount of £40,265 (2024: £49,219) in respect of directors loans.
The Director, Richard Brenkley, of Better Mondays Ltd is also a Director of Better Agency Ltd.
Better Agency Ltd provided Better Mondays Ltd with loans in the year totalling £16,969 (2023: £15,328).
The balance at 31 March 2025, owed to Better Agency Ltd, in respect of these transactions is £58,173 (2023: £41,203).
5
Average number of employees
During the year the average number of employees was 2 (2024: 2).