Betterment Properties (weymouth) Limited in Weymouth, DT4 9UX

Description

Data updated on: 01-11-2023

Betterment Properties (weymouth) Limited can be reached at Weymouth at Leanne House. You can search for the firm by the post code - DT4 9UX. The firm has been in business on the English market for 57 years. The firm is registered under the number 00903201 and its official status is active. This firm's SIC and NACE codes are 41202 : Construction of domestic buildings. 31st May 2022 is the last time the company accounts were reported.

Having four job advert since Monday 7th July 2014, the corporation has been quite active on the job market. On Friday 3rd October 2014, it was searching for candidates for a part time general maintenance / decorator post in Weymouth, and on Monday 7th July 2014, for the vacant post of a part time Construction Site Manager in Portland. As of yet, they have employed applicants for the Contracts Manager/Surveyor/Buyer positions.

In order to meet the requirements of their clients, this specific business is continually improved by a team of two directors who are Serena M. and Joseph S.. Their outstanding services have been of extreme importance to the business since 2018-08-14.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-05-31	2017-05-26	2017-05-31	2018-05-31	2019-05-31	2021-05-31	2022-05-31	2023-05-31
Currency

Balance Sheet
Cash Bank On Hand	7 838 769	10 623 962	10 623 962	534 092	2 733 234	13 470 084	8 034 474	13 757 783
Current Assets	34 928 853	37 085 938	37 085 938	29 682 831	31 142 706	38 405 049	39 408 285	44 251 449
Debtors	5 968 765	5 684 775	5 684 775	4 484 893	4 931 773	4 911 447	6 098 179	6 346 407
Net Assets Liabilities	39 100 290	41 004 615	41 004 615	43 227 154	44 978 834	51 601 416	54 338 763	60 995 406
Other Debtors	5 599 888	5 640 873	5 640 873	4 462 178	4 904 905	4 714 261	5 721 582	5 740 121
Property Plant Equipment	284 799	267 278	267 278	8 069 009	8 846 983	9 325 042	9 319 369	10 550 250
Total Inventories	21 121 319	20 777 201	20 777 201	24 663 846	23 477 699	20 023 518	25 275 632	24 147 259

Other Financial Data
Audit Fees Expenses						15 000	-2 392	12 488
Accumulated Depreciation Impairment Property Plant Equipment	775 789	823 513	823 513	775 295	832 773	920 945	998 312	1 048 755
Additions Other Than Through Business Combinations Investment Property Fair Value Model				700 000			596 500
Additions Other Than Through Business Combinations Property Plant Equipment		30 203		8 002 481	835 452		71 694	1 291 448
Administration Support Average Number Employees						8	8	8
Administrative Expenses						549 977	678 111	705 559
Amounts Owed To Related Parties	106 871	106 871	106 871	106 871	106 871
Applicable Tax Rate						19	19	20
Average Number Employees During Period	16	16	16	16		14	15	16
Balances With Banks						13 470 011	8 034 401	13 757 783
Cash Cash Equivalents						13 470 084	8 034 474
Cash Cash Equivalents Cash Flow Value						13 470 084	8 034 474
Comprehensive Income Expense						2 551 653	2 749 347	6 666 643
Corporation Tax Payable						1 254 205
Cost Sales						14 516 572	11 106 705	14 427 100
Creditors	2 600 000	2 600 000	2 600 000	600 000	600 000	600 000	600 000	600 000
Current Tax For Period						552 033	600 991	1 619 268
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences								14 232
Deferred Tax Liabilities						18 888	18 888	33 120
Depreciation Amortisation Expense						50 645	77 367	57 366
Depreciation Expense Property Plant Equipment						50 645	77 367	57 366
Disposals Decrease In Depreciation Impairment Property Plant Equipment				-108 359				-6 923
Disposals Investment Property Fair Value Model					-588 392
Disposals Property Plant Equipment				-248 968				-10 124
Dividends Paid						-216 500	-12 000	-10 000
Dividends Paid Classified As Financing Activities						-216 500	-12 000	-10 000
Financial Assets		250 000		250 000	250 000		250 000	250 000
Finished Goods	11 352 476	12 289 793	12 289 793	16 795 952	17 024 867
Finished Goods Goods For Resale						14 463 988	19 408 682	19 139 333
Fixed Assets	7 160 031	7 142 510	7 142 510	15 644 241	15 833 823	15 633 270	16 397 069	17 947 950
Further Item Debtors Component Total Debtors							243 433	524 165
Gain Loss From Fair Value Adjustment Investment Property Recognised In Profit Or Loss							172 972	320 000
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables						-74 922	-283 893	276 830
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables						1 050 431	943 299	-32 504
Gain Loss In Cash Flows From Change In Inventories						-2 423 460	5 252 114	-1 128 373
Gain Loss On Disposals Property Plant Equipment						21 028		7 299
Government Grant Income						46 493
Gross Profit Loss						3 058 968	3 071 396	7 645 558
Income Taxes Paid Refund Classified As Operating Activities						206 895	2 098 629	1 900 000
Increase Decrease From Fair Value Adjustment Investment Property Fair Value Model							172 972	320 000
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation						4 389 403	-5 435 610	5 723 309
Increase Decrease In Existing Provisions								14 232
Increase From Depreciation Charge For Year Property Plant Equipment		47 724		60 141	57 478		77 367	57 366
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss						5 942	898	5 047
Interest Expense On Preference Shares Classified As Debt								32 420
Interest Income On Bank Deposits						4 352	16 824	232 103
Interest Paid Classified As Financing Activities						-5 942	-898	-5 047
Interest Paid Classified As Operating Activities						5 942	898	37 467
Interest Payable Similar Charges Finance Costs						5 942	898	37 467
Interest Received Classified As Investing Activities						16 329	22 528	244 604
Interest Received Classified As Operating Activities						16 329	22 528	244 604
Investment Property	6 584 032	6 584 032	6 584 032	7 284 032	6 695 640	6 017 028	6 786 500	7 106 500
Investment Property Fair Value Model	6 584 032		6 584 032	7 284 032	6 695 640	6 017 028	6 786 500	7 106 500
Investments Fixed Assets	41 200	41 200	41 200	41 200	41 200	41 200	41 200	41 200
Investments In Subsidiaries	41 200	41 200	41 200	41 200	41 200	41 200	41 200	41 200
Loans From Group Undertakings						106 871	106 871	106 871
Merchandise	43 047	23 032	23 032	10 000
Net Cash Flows From Used In Financing Activities						-222 442	-12 898	-47 467
Net Cash Flows From Used In Investing Activities						247 873	-645 666	-1 036 344
Net Cash Flows From Used In Operating Activities						4 363 972	-4 777 046	6 807 120
Net Cash Generated From Operations						4 570 867	-2 678 417	8 707 120
Net Cash Inflow Outflow From Operations Before Movements In Working Capital						3 122 916	3 233 103	7 823 073
Net Current Assets Liabilities	34 566 429	36 483 275	36 483 275	28 201 801	29 763 899	36 587 034	38 560 582	43 680 576
Operating Profit Loss						3 093 299	3 155 736	7 773 006
Other Creditors	116 522	127 670	127 670	278 071	113 303	154 471	108 446	134 190
Other Finance Income						11 977	5 704	12 501
Other Interest Receivable Similar Income Finance Income						16 329	22 528	244 604
Other Inventories						134 443	165 878	150 000
Other Operating Income Format1						584 308	762 451	833 007
Other Payables Accrued Expenses						58 175	36 556	20 000
Other Remaining Operating Income						537 815	762 451	833 007
Ownership Interest In Subsidiary Percent			100	100	100	100	100	100
Pension Costs Defined Contribution Plan						13 804	15 961	17 452
Prepayments						81 481	37 188
Proceeds From Sales Investment Properties						262 972
Proceeds From Sales Property Plant Equipment						21 028		10 500
Production Average Number Employees						6	7	8
Profit Loss						2 551 653	2 749 347	6 666 643
Profit Loss On Ordinary Activities Before Tax						3 103 686	3 350 338	8 300 143
Property Plant Equipment Gross Cost	1 060 588	1 090 791	1 090 791	8 844 304	9 679 756	10 245 987	10 317 681	11 599 005
Provisions						18 888	18 888	33 120
Provisions For Liabilities Balance Sheet Subtotal	26 170	21 170	21 170	18 888		18 888	18 888	33 120
Purchase Investment Properties							-596 500
Purchase Property Plant Equipment						-52 456	-71 694	-1 291 448
Raw Materials	9 725 796	8 464 376	8 464 376	7 857 894	6 452 832
Raw Materials Consumables						5 425 087	5 701 072	4 857 926
Redeemable Preference Shares Liability	2 600 000	2 600 000	2 600 000	600 000	600 000	600 000	600 000	600 000
Revenue From Rendering Services						529 890	1 253 581	752 782
Revenue From Sale Goods						17 045 650	12 924 520	21 319 876
Short-term Deposits Classified As Cash Equivalents						73	73
Social Security Costs						47 772	54 543	57 820
Staff Costs Employee Benefits Expense						541 046	585 354	656 471
Tax Decrease Increase From Effect Revenue Exempt From Taxation							-32 865	-64 000
Tax Decrease Increase From Effect Tax Incentives						-39 971	-2 081
Tax Expense Credit Applicable Tax Rate						589 700	636 564	1 660 029
Tax Increase Decrease From Effect Capital Allowances Depreciation						2 304	-627	37 471
Tax Tax Credit On Profit Or Loss On Ordinary Activities						552 033	600 991	1 633 500
Total Assets Less Current Liabilities	41 726 460	43 625 785	43 625 785	43 846 042	45 597 722	52 220 304	54 957 651	61 628 526
Total Borrowings	2 600 000	2 600 000	2 600 000	600 000	600 000	600 000	600 000	600 000
Trade Creditors Trade Payables	139 031	145 534	145 534	235 802	471 288	244 293	595 830	309 812
Trade Debtors Trade Receivables	85 730	43 902	43 902	22 715	26 868	115 705	95 976	82 121
Turnover Revenue						17 575 540	14 178 101	22 072 658
Wages Salaries						479 470	514 850	581 199
Amount Specific Advance Or Credit Directors	1 933 049	2 020 154	2 020 154	83 818	130 976	274 326	323 903	399 476
Amount Specific Advance Or Credit Made In Period Directors	1 780 197	218 921	218 921	80 664	67 444	50 887	83 404	88 129
Amount Specific Advance Or Credit Repaid In Period Directors	-35 215	-131 816	-131 816	-2 017 000	-20 286	-1 964	-33 827	-12 556
Company Contributions To Money Purchase Plans Directors						2 433	2 562	2 093
Director Remuneration						101 800	114 071	114 740