Abbreviated Company Accounts - BETTER 2 KNOW LIMITED

BETTER 2 KNOW LIMITED - Company Information

07509860 BETTER 2 KNOW LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 07509860 2014-04-01 2015-03-31 07509860 2015-03-31 07509860 2014-03-31 07509860 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 07509860 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-03-31 iso4217:GBP shares

Registered Number 07509860

BETTER 2 KNOW LIMITED

Abbreviated Accounts

31 March 2015

BETTER 2 KNOW LIMITED Registered Number 07509860

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	420,000	446,250
		420,000	446,250
Current assets
Debtors		28,267	20,455
Cash at bank and in hand		78,963	33,318
		107,230	53,773
Creditors: amounts falling due within one year		(197,686)	(213,364)
Net current assets (liabilities)		(90,456)	(159,591)
Total assets less current liabilities		329,544	286,659
Total net assets (liabilities)		329,544	286,659
Capital and reserves
Called up share capital	3	250,100	250,100
Profit and loss account		79,444	36,559
Shareholders' funds		329,544	286,659

For the year ending 31 March 2015 the company was entitled to exemption 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 19 August 2015

And signed on their behalf by:
Michael Asher, Director
Anthea Morris, Director

BETTER 2 KNOW LIMITED Registered Number 07509860

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net invoiced sales of services. Where income has been received in advance of work being performed, this is included in Liabilities: Amounts due in under one year as deferred income.

Intangible assets amortisation policy
The company is amortising goodwill at 5% a year.

2Intangible fixed assets

	£
Cost
At 1 April 2014	525,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	525,000
Amortisation
At 1 April 2014	78,750
Charge for the year	26,250
On disposals	-
At 31 March 2015	105,000
Net book values
At 31 March 2015	420,000
At 31 March 2014	446,250

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £2,500 each	250,000	250,000
100 A Ordinary shares of £1 each	100	100

The Share Capital was restated during the year as the Company became aware of a second allocation of shares during the purchase in 2011.