REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST JULY 2018 |
FOR |
HOLISTIC GREEN BEAUTY LTD |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST JULY 2018 |
FOR |
HOLISTIC GREEN BEAUTY LTD |
HOLISTIC GREEN BEAUTY LTD (REGISTERED NUMBER: 08628090) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST JULY 2018 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
HOLISTIC GREEN BEAUTY LTD |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31ST JULY 2018 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
47 Calthorpe Road |
Edgbaston |
BIRMINGHAM |
B15 1TH |
BANKERS: |
PO Box 68 |
130 New Street |
Birmingham |
West Midlands |
B2 4JU |
INCORPORATION: |
HOLISTIC GREEN BEAUTY LTD (REGISTERED NUMBER: 08628090) |
ABRIDGED BALANCE SHEET |
31ST JULY 2018 |
2018 | 2017 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
( |
) |
PROVISIONS FOR LIABILITIES | 5 | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings |
SHAREHOLDERS' FUNDS |
HOLISTIC GREEN BEAUTY LTD (REGISTERED NUMBER: 08628090) |
ABRIDGED BALANCE SHEET - continued |
31ST JULY 2018 |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors on its behalf by: |
HOLISTIC GREEN BEAUTY LTD (REGISTERED NUMBER: 08628090) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST JULY 2018 |
1. | STATUTORY INFORMATION |
Holistic Green Beauty Ltd is a |
The company's registered number and registered office address can be found on the Company |
Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, |
rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated |
useful life: |
Computer equipment - 20% straight line |
Plant and machinery - 20% straight line |
Stocks |
Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out |
basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is |
made for slow moving, obsolete or damaged stock where the net realisable value is less than cost. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, |
except to the extent that it relates to items recognised in other comprehensive income or directly in |
equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been |
enacted or substantively enacted by the balance sheet date. |
HOLISTIC GREEN BEAUTY LTD (REGISTERED NUMBER: 08628090) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST JULY 2018 |
2. | ACCOUNTING POLICIES - continued |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods |
different from those in which they are recognised in financial statements. Deferred tax is measured |
using tax rates and laws that have been enacted or substantively enacted by the year end and that are |
expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable |
that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2017 - 1 ). |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1st August 2017 |
Additions |
At 31st July 2018 |
DEPRECIATION |
At 1st August 2017 |
Charge for year |
At 31st July 2018 |
NET BOOK VALUE |
At 31st July 2018 |
At 31st July 2017 |
5. | PROVISIONS FOR LIABILITIES |
2018 | 2017 |
£ | £ |
Deferred tax | 1,673 | 546 |
HOLISTIC GREEN BEAUTY LTD (REGISTERED NUMBER: 08628090) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST JULY 2018 |
5. | PROVISIONS FOR LIABILITIES - continued |
Deferred |
tax |
£ |
Balance at 1st August 2017 |
Movement during the year | 1,127 |
Balance at 31st July 2018 |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2018 | 2017 |
value: | £ | £ |
Ordinary | £1 | 2 | 2 |