Company Registration No. 03902497 (England and Wales)
Better Invest Direct Limited
Unaudited accounts
for the year ended 30 September 2025
Better Invest Direct Limited
Unaudited accounts
Contents
Better Invest Direct Limited
Company Information
for the year ended 30 September 2025
Company Number
03902497 (England and Wales)
Registered Office
65 Bracebridge Road
Sutton Coldfield
West Midlands
B74 2SL
England
Better Invest Direct Limited
Statement of financial position
as at 30 September 2025
Cash at bank and in hand
119,137
85,192
Creditors: amounts falling due within one year
(10,666)
(8,790)
Net current assets
108,750
76,778
Called up share capital
100
100
Profit and loss account
108,650
76,678
Shareholders' funds
108,750
76,778
For the year ending 30 September 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 director acknowledges his 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 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 and authorised for issue on 19 May 2026 and were signed on its behalf by
R J Wood
Director
Company Registration No. 03902497
Better Invest Direct Limited
Notes to the Accounts
for the year ended 30 September 2025
Better Invest Direct Limited is a private company, limited by shares, registered in England and Wales, registration number 03902497. The registered office is 65 Bracebridge Road, Sutton Coldfield, West Midlands, B74 2SL, England.
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.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable and payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
Better Invest Direct Limited
Notes to the Accounts
for the year ended 30 September 2025
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
9,500
7,599
Other creditors
1,166
1,191
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).