Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-0155falseNo description of principal activitytruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07819995 2022-04-01 2023-03-31 07819995 2021-04-01 2022-03-31 07819995 2023-03-31 07819995 2022-03-31 07819995 c:Director1 2022-04-01 2023-03-31 07819995 d:Buildings d:ShortLeaseholdAssets 2022-04-01 2023-03-31 07819995 d:Buildings d:ShortLeaseholdAssets 2023-03-31 07819995 d:Buildings d:ShortLeaseholdAssets 2022-03-31 07819995 d:PlantMachinery 2022-04-01 2023-03-31 07819995 d:PlantMachinery 2023-03-31 07819995 d:PlantMachinery 2022-03-31 07819995 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 07819995 d:FurnitureFittings 2022-04-01 2023-03-31 07819995 d:FurnitureFittings 2023-03-31 07819995 d:FurnitureFittings 2022-03-31 07819995 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 07819995 d:OfficeEquipment 2022-04-01 2023-03-31 07819995 d:OfficeEquipment 2023-03-31 07819995 d:OfficeEquipment 2022-03-31 07819995 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 07819995 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 07819995 d:CurrentFinancialInstruments 2023-03-31 07819995 d:CurrentFinancialInstruments 2022-03-31 07819995 d:Non-currentFinancialInstruments 2023-03-31 07819995 d:Non-currentFinancialInstruments 2022-03-31 07819995 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 07819995 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 07819995 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 07819995 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 07819995 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 07819995 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-03-31 07819995 d:ShareCapital 2023-03-31 07819995 d:ShareCapital 2022-03-31 07819995 d:RetainedEarningsAccumulatedLosses 2023-03-31 07819995 d:RetainedEarningsAccumulatedLosses 2022-03-31 07819995 c:FRS102 2022-04-01 2023-03-31 07819995 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 07819995 c:FullAccounts 2022-04-01 2023-03-31 07819995 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 07819995









WYS AESTHETICS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
WYS AESTHETICS LIMITED
REGISTERED NUMBER: 07819995

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
6,766
11,072

  
6,766
11,072

Current assets
  

Stocks
  
28,009
29,639

Debtors: amounts falling due within one year
 5 
45,981
45,360

Cash at bank and in hand
 6 
51,250
156,164

  
125,240
231,163

Creditors: amounts falling due within one year
 7 
(207,631)
(322,637)

Net current liabilities
  
 
 
(82,391)
 
 
(91,474)

Total assets less current liabilities
  
(75,625)
(80,402)

Creditors: amounts falling due after more than one year
 8 
(26,667)
(36,667)

  

Net liabilities
  
(102,292)
(117,069)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(102,392)
(117,169)

  
(102,292)
(117,069)


Page 1

 
WYS AESTHETICS LIMITED
REGISTERED NUMBER: 07819995
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




P Sychta
Director

Date: 3 October 2023

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
WYS AESTHETICS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

WYS Aesthetics Limited is a limited company incorporated in England and Wales. The registered office address is 21 Devonshire Street Devonshire Street, London, Uk, England, W1G 6PB.
The financial statements are presented in Sterling, which is also the functional currency of the Company. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Going concern

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. The directors have obtained assurances from the shareholders and creditors to continue to provide adequate funds to meet its obligations, and not to demand repayment of any funds due to them, until the company is in a financial position to do so. As a result, the directors consider it appropriate to prepare the financial statements on a going concern basis.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
WYS AESTHETICS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Short-term leasehold property
-
5 years straight line
Plant and machinery
-
3 years straight line
Fixtures and fittings
-
3 years straight line
Office equipment
-
3 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2022 - 5).

Page 4

 
WYS AESTHETICS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Short-term leasehold property
Plant and machinery
Fixtures and fittings
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 April 2022
48,978
156,246
23,345
26,906
255,475



At 31 March 2023

48,978
156,246
23,345
26,906
255,475



Depreciation


At 1 April 2022
48,978
146,281
23,345
25,800
244,404


Charge for the year on owned assets
-
3,362
-
944
4,306



At 31 March 2023

48,978
149,643
23,345
26,744
248,710



Net book value



At 31 March 2023
-
6,603
-
162
6,765



At 31 March 2022
-
9,966
-
1,106
11,072


5.


Debtors

2023
2022
£
£


Other debtors
45,359
45,360

Prepayments and accrued income
622
-

45,981
45,360



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
51,250
156,164

51,250
156,164


Page 5

 
WYS AESTHETICS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
10,000
10,000

Trade creditors
38,352
70,059

Other taxation and social security
11,432
13,392

Other creditors
64,463
75,736

Accruals and deferred income
83,384
153,450

207,631
322,637



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
26,667
36,667

26,667
36,667



9.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
10,000
10,000


10,000
10,000


Amounts falling due 2-5 years

Bank loans
26,667
36,667


26,667
36,667


36,667
46,667


Page 6

 
WYS AESTHETICS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

10.


Related party transactions

Included within other creditors is an amount of £61,753 (2022: £73,753) due to the directors.

 
Page 7