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Better Buy Miles Limited
Annual Report and Unaudited Financial Statements
Year Ended 31 May 2025

Registration number: 08306465

Better Buy Miles Limited

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 6

Better Buy Miles Limited

Balance Sheet

31 May 2025

| Note | 2025 £ 000 | 2024 £ 000
Fixed assets |  |  |
Intangible assets | 4 | 5 | 8
Current assets |  |  |
Debtors | 5 | 3 | 1
Cash at bank and in hand |  | 1 | 2
|  | 4 | 3
Creditors: Amounts falling due within one year | 6 | (26) | (25)
Net current liabilities |  | (22) | (22)
Net liabilities |  | (17) | (14)
Capital and reserves |  |  |
Called up share capital | 7 | 1 | 1
Profit and loss account |  | (18) | (15)
Shareholders' deficit |  | (17) | (14)

Better Buy Miles Limited

Balance Sheet

31 May 2025

For the financial year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 6 January 2026 and signed on its behalf by:

......................................... A R Brown Director

Company Registration Number: 08306465

Better Buy Miles Limited

Notes to the Unaudited Financial Statements

Year Ended 31 May 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Unit 4A
Severn View Industrial Estate
Central Avenue
Hallen
Bristol
BS10 7SD

These financial statements were authorised for issue by the Board on 6 January 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The directors consider that the company has sufficient resources available in terms of related party funding to justify preparing the financial statements on a going concern basis.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Website costs | 4 years straight line

Better Buy Miles Limited

Notes to the Unaudited Financial Statements

Year Ended 31 May 2025

Financial instruments

Classification
The company holds the following financial instruments:
• Short term trade and other debtors and creditors;
• Bank loans; and
• Cash and bank balances.
All financial instruments are classified as basic.
Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.
Except for bank loans, such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.
Bank loans are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Better Buy Miles Limited

Notes to the Unaudited Financial Statements

Year Ended 31 May 2025

4 | Intangible assets

| Website costs £ 000 | Total £ 000
Cost or valuation
At 1 June 2024 | 11 | 11
At 31 May 2025 | 11 | 11
Amortisation
At 1 June 2024 | 3 | 3
Amortisation charge | 3 | 3
At 31 May 2025 | 6 | 6
Carrying amount
At 31 May 2025 | 5 | 5
At 31 May 2024 | 8 | 8

5 | Debtors

| 2025 £ 000 | 2024 £ 000
Other debtors | 3 | 1
| 3 | 1

Better Buy Miles Limited

Notes to the Unaudited Financial Statements

Year Ended 31 May 2025

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ 000 | 2024 £ 000
Due within one year |  |
Accruals and deferred income | 2 | 1
Other creditors | 24 | 24
| 26 | 25

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. 000 | £ 000 | No. 000 | £ 000
Ordinary of £1 each | 1 | 1 | 1 | 1