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REGISTERED NUMBER: 11292947 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2022

for

UBeauty London Ltd

UBeauty London Ltd (Registered number: 11292947)

Contents of the Financial Statements
for the Year Ended 31 December 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


UBeauty London Ltd

Company Information
for the Year Ended 31 December 2022







DIRECTOR: Ms S Mao





SECRETARY: Ms S Mao





REGISTERED OFFICE: 21a Mansfield Road
Nottingham
NG1 3FB





REGISTERED NUMBER: 11292947 (England and Wales)





ACCOUNTANTS: M Ahmed & Co
Chartered Accountants
83 Park Road
Chilwell
Nottingham
NG9 4DE

UBeauty London Ltd (Registered number: 11292947)

Balance Sheet
31 December 2022

31.12.22 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 28,581 35,726

CURRENT ASSETS
Stocks 6,290 6,290
Debtors 5 - 1,094
Cash at bank and in hand 719 3,485
7,009 10,869
CREDITORS
Amounts falling due within one year 6 71,021 41,793
NET CURRENT LIABILITIES (64,012 ) (30,924 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(35,431

)

4,802

CREDITORS
Amounts falling due after more than one
year

7

10,627

14,684
NET LIABILITIES (46,058 ) (9,882 )

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 (46,059 ) (9,883 )
SHAREHOLDERS' FUNDS (46,058 ) (9,882 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

UBeauty London Ltd (Registered number: 11292947)

Balance Sheet - continued
31 December 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2023 and were signed by:





Ms S Mao - Director


UBeauty London Ltd (Registered number: 11292947)

Notes to the Financial Statements
for the Year Ended 31 December 2022


1. STATUTORY INFORMATION

UBeauty London Ltd 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current which 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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2021 - 4 ) .

UBeauty London Ltd (Registered number: 11292947)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2022
and 31 December 2022 45,315
DEPRECIATION
At 1 January 2022 9,589
Charge for year 7,145
At 31 December 2022 16,734
NET BOOK VALUE
At 31 December 2022 28,581
At 31 December 2021 35,726

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Prepayments - 1,094

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Bank loans and overdrafts 4,200 4,200
Social security and other taxes 5,718 1,723
Other creditors 15,200 15,200
Directors' current accounts 43,119 19,326
Accrued expenses 2,784 1,344
71,021 41,793

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.22 31.12.21
£    £   
Bank loans - 1-2 years 4,200 4,200
Bank loans - 2-5 years 6,427 10,484
10,627 14,684

UBeauty London Ltd (Registered number: 11292947)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.22 31.12.21
value: £    £   
1 Ordinary £1 1 1

9. RESERVES
Retained
earnings
£   

At 1 January 2022 (9,883 )
Deficit for the year (36,176 )
At 31 December 2022 (46,059 )

10. OFF-BALANCE SHEET ARRANGEMENTS

The company has annual leasing commitments of £7,398 which expire in 4 years.

11. ULTIMATE CONTROLLING PARTY

The controlling party is Ms S Mao.

The ultimate controlling party is Ms S Mao.