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REGISTERED NUMBER: 08642602 (England and Wales)


















Below The Belt Grooming Limited

Unaudited Financial Statements for the Year Ended 31st March 2018






Below The Belt Grooming Limited (Registered number: 08642602)






Contents of the Financial Statements
for the year ended 31st March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Below The Belt Grooming Limited

Company Information
for the year ended 31st March 2018







DIRECTORS: G Lynch-Staunton
J N Durden
G M Percy





REGISTERED OFFICE: Number Ten Elm Court
Arden Street
Stratford Upon Avon
Warwickshire
CV37 6PA





REGISTERED NUMBER: 08642602 (England and Wales)





ACCOUNTANTS: Smailes Goldie
Chartered Accountants
Regent's Court
Princess Street
Hull
East Yorkshire
HU2 8BA

Below The Belt Grooming Limited (Registered number: 08642602)

Balance Sheet
31st March 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 3 418 494
Tangible assets 4 - -
418 494

CURRENT ASSETS
Stocks 88 -
Debtors 5 4,159 16,212
Cash at bank and in hand 2,773 5,997
7,020 22,209
CREDITORS
Amounts falling due within one year 6 28,810 358,138
NET CURRENT LIABILITIES (21,790 ) (335,929 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(21,372

)

(335,435

)

CREDITORS
Amounts falling due after more than one
year

7

337,331

-
NET LIABILITIES (358,703 ) (335,435 )

CAPITAL AND RESERVES
Called up share capital 8 3 3
Share premium 34,999 34,999
Retained earnings (393,705 ) (370,437 )
SHAREHOLDERS' FUNDS (358,703 ) (335,435 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2018 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.

Below The Belt Grooming Limited (Registered number: 08642602)

Balance Sheet - continued
31st March 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 20th September 2018 and were signed
on its behalf by:





G Lynch-Staunton - Director


Below The Belt Grooming Limited (Registered number: 08642602)

Notes to the Financial Statements
for the year ended 31st March 2018

1. STATUTORY INFORMATION

Below The Belt Grooming Limited is a private company, limited by shares , registered in England and
Wales. 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
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured
at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Intangible fixed assets
Amortisation is provided at the following rate in order to write off each asset over its estimated useful
life:

Intellectual Property and Trademarks - 10%

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation
and accumulated impairment losses. Cost included costs directly attributable to making the asset
capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less
estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Fixtures and fittings- 33%

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
COsts includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to
its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is
made for damaged, obsolete and slow moving stock where appropriate.

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.


Below The Belt Grooming Limited (Registered number: 08642602)

Notes to the Financial Statements - continued
for the year ended 31st March 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.

Going concern
The financial statements have been prepared on a going concern basis which assumes that the
company will continue in operational existence for the foreseeable future.The validity of this
assumption is dependent upon the continued support of the company's shareholders.The shareholders
have indicated their willingness to continue to support the company for at least a period of a year from
the date of this report. The directors have therefore concluded that it is appropriate for the financial
statements to be prepared on a going concern basis.

3. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1st April 2017
and 31st March 2018 760
AMORTISATION
At 1st April 2017 266
Amortisation for year 76
At 31st March 2018 342
NET BOOK VALUE
At 31st March 2018 418
At 31st March 2017 494

Below The Belt Grooming Limited (Registered number: 08642602)

Notes to the Financial Statements - continued
for the year ended 31st March 2018

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1st April 2017
and 31st March 2018 22,399
DEPRECIATION
At 1st April 2017
and 31st March 2018 22,399
NET BOOK VALUE
At 31st March 2018 -
At 31st March 2017 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors - 8,521
Other debtors 4,159 7,691
4,159 16,212

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 7,455 3,629
Taxation and social security - 750
Other creditors 21,355 353,759
28,810 358,138

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2018 2017
£    £   
Other creditors 337,331 -

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
3,000 Ordinary shares .001 3 3