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Company Registration No. 11346773 (England and Wales)
Dermafinity Permanent Cosmetics Ltd Unaudited accounts for the year ended 31 May 2023
Dermafinity Permanent Cosmetics Ltd Unaudited accounts Contents
Page
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Dermafinity Permanent Cosmetics Ltd Company Information for the year ended 31 May 2023
Director
S Robinson
Company Number
11346773 (England and Wales)
Registered Office
22 WOBURN BIDDICK WASHINGTON TYNE AND WEAR NE38 7JX UNITED KINGDOM
Accountants
LP Accountants Ltd Unit E Colima Avenue Sunderland Tyne & Wear SR5 3XB
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Dermafinity Permanent Cosmetics Ltd Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,944 
3,219 
Current assets
Cash at bank and in hand
27,253 
76,331 
Creditors: amounts falling due within one year
(20,816)
(63,755)
Net current assets
6,437 
12,576 
Total assets less current liabilities
10,381 
15,795 
Creditors: amounts falling due after more than one year
(4,689)
(9,367)
Net assets
5,692 
6,428 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
5,592 
6,328 
Shareholders' funds
5,692 
6,428 
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 October 2023 and were signed on its behalf by
S Robinson Director Company Registration No. 11346773
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Dermafinity Permanent Cosmetics Ltd Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Dermafinity Permanent Cosmetics Ltd is a private company, limited by shares, registered in England and Wales, registration number 11346773. The registered office is 22 WOBURN, BIDDICK, WASHINGTON, TYNE AND WEAR, NE38 7JX, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on the reducing balance
Computer equipment
33% straight line
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2022
3,926 
- 
3,926 
Additions
- 
1,549 
1,549 
At 31 May 2023
3,926 
1,549 
5,475 
Depreciation
At 1 June 2022
707 
- 
707 
Charge for the year
483 
341 
824 
At 31 May 2023
1,190 
341 
1,531 
Net book value
At 31 May 2023
2,736 
1,208 
3,944 
At 31 May 2022
3,219 
- 
3,219 
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Dermafinity Permanent Cosmetics Ltd Notes to the Accounts for the year ended 31 May 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
2,339 
- 
Trade creditors
- 
2,086 
Taxes and social security
8,108 
7,433 
Loans from directors
9,349 
53,736 
Accruals
1,020 
500 
20,816 
63,755 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
4,689 
9,367 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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