General Information
Betterview Homes Limited is a private company, limited by shares, registered in England and Wales, registration number 05865694, registration address 28 Reservoir Road, Rear Of 28 Reservoir Road, London , N14 4BG.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company and trade discounts.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation and is fully amortised.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Computer Equipment |
25% Reducing Balance
|
|
| 2. |
Average number of employees
Average number of employees during the year was 1 (2024 : 2).
|
| 3. |
Intangible fixed assets
| Cost |
Goodwill |
|
Total |
| |
£ |
|
£ |
| At 01 August 2024 |
1,529 |
|
1,529 |
| Additions |
- |
|
- |
| Disposals |
- |
|
- |
| At 31 July 2025 |
1,529 |
|
1,529 |
| Amortisation |
| At 01 August 2024 |
1,528 |
|
1,528 |
| Charge for year |
- |
|
- |
| On disposals |
- |
|
- |
| At 31 July 2025 |
1,528 |
|
1,528 |
| Net book values |
| At 31 July 2025 |
1 |
|
1 |
| At 31 July 2024 |
1 |
|
1 |
|
| 4. |
Tangible fixed assets
| Cost or valuation |
Computer Equipment |
|
Total |
| |
£ |
|
£ |
| At 01 August 2024 |
3,510 |
|
3,510 |
| Additions |
- |
|
- |
| Disposals |
- |
|
- |
| At 31 July 2025 |
3,510 |
|
3,510 |
| Depreciation |
| At 01 August 2024 |
3,204 |
|
3,204 |
| Charge for year |
76 |
|
76 |
| On disposals |
- |
|
- |
| At 31 July 2025 |
3,280 |
|
3,280 |
| Net book values |
| Closing balance as at 31 July 2025 |
230 |
|
230 |
| Opening balance as at 01 August 2024 |
306 |
|
306 |
|
| 5. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Debtors |
21,415 |
|
26,626 |
| Prepayments & Accrued Income |
101 |
|
0 |
| Other Debtors |
0 |
|
690 |
|
21,516 |
|
27,316 |
|
| 6. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Corporation Tax |
2,688 |
|
3,488 |
| Accrued Expenses |
937 |
|
787 |
| Deferred Income |
0 |
|
1,900 |
| Shareholders Account |
0 |
|
1,000 |
| Directors' Current Accounts |
7,827 |
|
6,440 |
|
11,452 |
|
13,615 |
|
| 7. |
Share Capital
Allotted, called up and fully paid
|
2025
£ |
|
2024
£ |
|
300
Class A shares of £1.00 each |
300 |
|
300 |
|
100
A Ordinary shares of £1.00 each |
100 |
|
100 |
|
400 |
|
400 |
|
3
|