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REGISTERED NUMBER: 12471670 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

SANDYS PERFECT BROWS & LASHES LTD

SANDYS PERFECT BROWS & LASHES LTD (REGISTERED NUMBER: 12471670)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SANDYS PERFECT BROWS & LASHES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTOR: Mrs R S Senn Marambe





REGISTERED OFFICE: 57 Howden Avenue
Skellow
Doncaster
South Yorkshire
DN6 8LJ





REGISTERED NUMBER: 12471670 (England and Wales)





ACCOUNTANTS: Leesing Marrison Lee & Co
Chartered Certified Accountants
46 Main Street
Mexborough
South Yorkshire
S64 9DU

SANDYS PERFECT BROWS & LASHES LTD (REGISTERED NUMBER: 12471670)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,706 758

CURRENT ASSETS
Stocks 100 100
Debtors 5 25,299 4,513
Cash at bank 2,060 21,240
27,459 25,853
CREDITORS
Amounts falling due within one year 6 16,379 9,105
NET CURRENT ASSETS 11,080 16,748
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,786

17,506

CREDITORS
Amounts falling due after more than one
year

7

12,500

17,500
NET ASSETS 286 6

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 285 5
SHAREHOLDERS' FUNDS 286 6

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

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 10 October 2023 and were signed by:





Mrs R S Senn Marambe - Director


SANDYS PERFECT BROWS & LASHES LTD (REGISTERED NUMBER: 12471670)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

Sandys Perfect Brows & Lashes 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 - 25% on reducing balance
Fixtures and fittings - 25% 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 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.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

SANDYS PERFECT BROWS & LASHES LTD (REGISTERED NUMBER: 12471670)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 March 2022 405 710 1,115
Additions 858 658 1,516
At 28 February 2023 1,263 1,368 2,631
DEPRECIATION
At 1 March 2022 179 178 357
Charge for year 271 297 568
At 28 February 2023 450 475 925
NET BOOK VALUE
At 28 February 2023 813 893 1,706
At 28 February 2022 226 532 758

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 25,299 4,513

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,000 5,000
Taxation and social security - 3,494
Other creditors 11,379 611
16,379 9,105

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 12,500 17,500

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2023 and 28 February 2022:

2023 2022
£    £   
Mrs R S Senn Marambe
Balance outstanding at start of year 4,225 22,127
Amounts advanced 32,893 6,950
Amounts repaid (11,819 ) (24,852 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 25,299 4,225

SANDYS PERFECT BROWS & LASHES LTD (REGISTERED NUMBER: 12471670)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

9. RELATED PARTY DISCLOSURES

The director is interested as director and shareholder in Sandys Wheatley Limited.

Sandys Wheatley Limited has advanced monies to the company and at 28 February 2023 the balance due to Sandys Wheatley Limited was £10,196.43 (2022: NIL) which is included in Other Creditors. The advance is unsecured and does not bear interest.