Silverfin false 31/03/2023 01/04/2022 31/03/2023 Mr S W Bruhns 29/03/2022 Mrs S J O'Brien 08/08/2007 Samantha Jane O'Brien 09 October 2023 The principal activity of the Company during the financial year was that of the provision of physical well-being activities. 06337622 2023-03-31 06337622 bus:Director1 2023-03-31 06337622 bus:Director2 2023-03-31 06337622 2022-03-31 06337622 core:CurrentFinancialInstruments 2023-03-31 06337622 core:CurrentFinancialInstruments 2022-03-31 06337622 core:ShareCapital 2023-03-31 06337622 core:ShareCapital 2022-03-31 06337622 core:RetainedEarningsAccumulatedLosses 2023-03-31 06337622 core:RetainedEarningsAccumulatedLosses 2022-03-31 06337622 core:OtherPropertyPlantEquipment 2022-03-31 06337622 core:OtherPropertyPlantEquipment 2023-03-31 06337622 bus:OrdinaryShareClass1 2023-03-31 06337622 2022-04-01 2023-03-31 06337622 bus:FullAccounts 2022-04-01 2023-03-31 06337622 bus:SmallEntities 2022-04-01 2023-03-31 06337622 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 06337622 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 06337622 bus:Director1 2022-04-01 2023-03-31 06337622 bus:Director2 2022-04-01 2023-03-31 06337622 bus:Director3 2022-04-01 2023-03-31 06337622 core:OtherPropertyPlantEquipment 2022-04-01 2023-03-31 06337622 2021-04-01 2022-03-31 06337622 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 06337622 bus:OrdinaryShareClass1 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 06337622 (England and Wales)

BUFF URBAN DAY SPA LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2023
Pages for filing with the registrar

BUFF URBAN DAY SPA LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2023

Contents

BUFF URBAN DAY SPA LIMITED

COMPANY INFORMATION

For the financial year ended 31 March 2023
BUFF URBAN DAY SPA LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 March 2023
DIRECTORS Mr S W Bruhns
Mrs S J O'Brien
REGISTERED OFFICE Ground Floor Blackbrook Gate 1
Blackbrook Business Park
Taunton
TA1 2PX
United Kingdom
BUSINESS ADDRESS 22-24 Station Road
Taunton
Somerset
TA1 1NL
COMPANY NUMBER 06337622 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Blackbrook Gate 1
Blackbrook Business Park
Taunton
Somerset TA1 2PX
BUFF URBAN DAY SPA LIMITED

BALANCE SHEET

As at 31 March 2023
BUFF URBAN DAY SPA LIMITED

BALANCE SHEET (continued)

As at 31 March 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 10,070 7,294
10,070 7,294
Current assets
Stocks 4 8,885 15,153
Debtors 5 2,127 2,093
Cash at bank and in hand 12,581 49,870
23,593 67,116
Creditors: amounts falling due within one year 6 ( 94,639) ( 105,156)
Net current liabilities (71,046) (38,040)
Total assets less current liabilities (60,976) (30,746)
Net liabilities ( 60,976) ( 30,746)
Capital and reserves
Called-up share capital 7 100 100
Profit and loss account ( 61,076 ) ( 30,846 )
Total shareholder's deficit ( 60,976) ( 30,746)

For the financial year ending 31 March 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Buff Urban Day Spa Limited (registered number: 06337622) were approved and authorised for issue by the Board of Directors on 09 October 2023. They were signed on its behalf by:

Samantha Jane O'Brien
Director
BUFF URBAN DAY SPA LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
BUFF URBAN DAY SPA LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Buff Urban Day Spa Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Ground Floor Blackbrook Gate 1, Blackbrook Business Park, Taunton, TA1 2PX, United Kingdom. The principal place of business is 22-24 Station Road, Taunton, Somerset, TA1 1NL.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

In light of the current economic situation, both in the UK and globally, impacted by rising energy costs, inflation and general cost of living increases, the directors have given consideration to the impact of these issues on the operations and financial position of the company, as well as upon customers and suppliers. The directors are satisfied that, having considered no less than 12 months from the date of approval of the financial statements, that the issues identified do not present a significant risk to the going concern basis of the company and, therefore, that the going concern basis of preparation remains appropriate.

Turnover

Turnover shown in the Profit and Loss Account represents amounts invoiced during the period exclusive of VAT.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Government grants

Government grants are recognised based on the performance model.

A grant that specifies performance conditions is recognised in income only when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the grant proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 6 6

3. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 April 2022 59,954 59,954
Additions 6,074 6,074
Disposals ( 616) ( 616)
At 31 March 2023 65,412 65,412
Accumulated depreciation
At 01 April 2022 52,660 52,660
Charge for the financial year 3,216 3,216
Disposals ( 534) ( 534)
At 31 March 2023 55,342 55,342
Net book value
At 31 March 2023 10,070 10,070
At 31 March 2022 7,294 7,294

4. Stocks

2023 2022
£ £
Stocks 8,885 15,153

5. Debtors

2023 2022
£ £
Corporation tax 1,606 0
Other debtors 521 2,093
2,127 2,093

6. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 3,005 4,776
Amounts owed to Group undertakings 25,000 0
Taxation and social security 11,595 14,482
Other creditors 55,039 85,898
94,639 105,156

7. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100

8. Financial commitments

Other financial commitments

The total amount of financial commitments not included in the balance sheet is £175,000 (2022 - £205,000).