REGISTERED NUMBER: 03186899 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2016

FOR

A BETTER SERVICE LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D Bicknell

G Bicknell

SECRETARY:

D Bicknell

REGISTERED OFFICE:

The Homestead

Park Lane

Charvil

Reading

Berkshire

RG10 9TR

REGISTERED NUMBER:

03186899 (England and Wales)

ACCOUNTANTS:

Griffins

Chartered Accountants

Griffins Court

24-32 London Road

NEWBURY

Berkshire

RG14 1JX

FIXED ASSETS

Tangible assets

2

921,024

980,769

CURRENT ASSETS

Debtors

821,400

809,480

Cash at bank

1,824,393

2,072,447

2,645,793

2,881,927

CREDITORS

Amounts falling due within one year

3

756,754

717,715

NET CURRENT ASSETS

1,889,039

2,164,212

TOTAL ASSETS LESS CURRENT LIABILITIES

2,810,063

3,144,981

CREDITORS

Amounts falling due after more than one year

3

(360,438

)

(489,196

)

PROVISIONS FOR LIABILITIES

(106,776

)

(109,865

)

NET ASSETS

2,342,849

2,545,920

CAPITAL AND RESERVES

Called up share capital

4

532

753

Share premium

113,591

113,591

Capital redemption reserve

472

251

Profit and loss account

2,228,254

2,431,325

SHAREHOLDERS' FUNDS

2,342,849

2,545,920

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 5 January 2017 and were signed on its behalf by:

M Bicknell - Director

D Bicknell - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention.

Financial reporting standard number 1

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small

company.

Turnover

Turnover represents the net invoiced sales of goods and services excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

10% on reducing balance

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

Deferred tax

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

date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet

date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of

transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire

purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over

their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital

element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme

are charged to the profit and loss account in the period to which they relate.

Operating leases

Rentals paid under operating leases are charged to the profit and loss account evenly over the term of the lease agreement.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

3,245,813

Additions

236,971

At 31 October 2016

3,482,784

DEPRECIATION

At 1 November 2015

2,265,044

Charge for year

296,716

At 31 October 2016

2,561,760

NET BOOK VALUE

At 31 October 2016

921,024

At 31 October 2015

980,769

3.

CREDITORS

Creditors include an amount of £ 590,382 (31/10/15 - £ 750,776 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/10/16

31/10/15

value:

£

£

530

Ordinary

£1

530

750

(31/10/15 - 750 )

NIL

B non voting

£1

-

1

(31/10/15 - 1 )

1

C non voting

£1

1

1

1

D non voting

£1

1

1

532

753

5.	CAPITAL REDEMPTION RESERVE

Purchase of own shares:

During the period 220 ordinary shares and 1 ordinary B share were purchased by the company for a total consideration of

£900,000.

6.	PURCHASE OF OWN SHARES

During the period the following amounts were paid by the company to buy back shares from participators.

Date

No of Shares

Consideration

6 November 2015

221

£900,000