REGISTERED NUMBER: 10676877 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Better Homes (Surrey) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A S Rakhra

Mrs P K Rakhra

SECRETARY:

Mrs P K Rakhra

REGISTERED OFFICE:

43 Camp Road

Gerrards Cross

Buckinghamshire

SL9 7PG

REGISTERED NUMBER:

10676877 (England and Wales)

ACCOUNTANTS:

Business Ledger Limited

Chartered Certified Accountants

3 Waterside Drive

Langley

Berkshire

SL3 6EZ

CURRENT ASSETS

Debtors

4

175,593

254,833

Cash at bank and in hand

620

16,645

176,213

271,478

CREDITORS

Amounts falling due within one year

5

14,930

109,768

NET CURRENT ASSETS

161,283

161,710

TOTAL ASSETS LESS CURRENT LIABILITIES

161,283

161,710

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

161,183

161,610

161,283

161,710

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 December 2025 and were signed on its behalf by:

A S Rakhra - Director

1.	STATUTORY INFORMATION

Better Homes (Surrey) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Changes in accounting policies

Work started to convert the investment property which was a of single dwelling into three separate dwellings in the preceding year.

This change necessitated the change of accounting policy - from Investment Property to inventory. The property was transferred at deemed cost to inventory. See the notes on Investment property and inventory on the succeeding pages.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

175,593

254,833

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

-

525

Other creditors

14,930

109,243

14,930

109,768

6.	RELATED PARTY DISCLOSURES

Included in Other creditors due within one year is £14,450 (2024 - £101,563) due to the director. The loan is interest free and payable on demand.

Included in Other debtors due within one year is £175,593 (2024 - £254,706) due from companies under common control of the directors. The loans are interest free and do not have fixed dates of repayment.