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REGISTERED NUMBER: 13949174 (England and Wales)















FINANCIAL STATEMENTS FOR THE PERIOD 2ND MARCH 2022 TO 31ST MARCH 2023

FOR

THE LUXURY AESTHETICS GROUP LIMITED

THE LUXURY AESTHETICS GROUP LIMITED (REGISTERED NUMBER: 13949174)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 2ND MARCH 2022 TO 31ST MARCH 2023










Page

Company information 1

Statement of financial position 2 to 3

Notes to the financial statements 4 to 5


THE LUXURY AESTHETICS GROUP LIMITED

COMPANY INFORMATION
FOR THE PERIOD 2ND MARCH 2022 TO 31ST MARCH 2023







DIRECTOR: Mrs S Forster





REGISTERED OFFICE: 8 Regents Court
Far Moor Lane
Redditch
Worcestershire
B98 0SD





REGISTERED NUMBER: 13949174 (England and Wales)





ACCOUNTANTS: NJR Accountancy Services Limited
14 Victoria Square
Droitwich Spa
Worcestershire
WR9 8DS

THE LUXURY AESTHETICS GROUP LIMITED (REGISTERED NUMBER: 13949174)

STATEMENT OF FINANCIAL POSITION
31ST MARCH 2023

Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 39,415

CURRENT ASSETS
Inventories 12,971
Debtors 5 24,302
Cash at bank 148
37,421
CREDITORS
Amounts falling due within one year 6 64,494
NET CURRENT LIABILITIES (27,073 )
TOTAL ASSETS LESS CURRENT LIABILITIES 12,342

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 12,242
SHAREHOLDERS' FUNDS 12,342

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 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 LUXURY AESTHETICS GROUP LIMITED (REGISTERED NUMBER: 13949174)

STATEMENT OF FINANCIAL POSITION - continued
31ST MARCH 2023


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 28th June 2023 and were signed by:





Mrs S Forster - Director


THE LUXURY AESTHETICS GROUP LIMITED (REGISTERED NUMBER: 13949174)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 2ND MARCH 2022 TO 31ST MARCH 2023


1. STATUTORY INFORMATION

The Luxury Aesthetics Group Limited 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
Revenue 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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Inventories 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 period 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

THE LUXURY AESTHETICS GROUP LIMITED (REGISTERED NUMBER: 13949174)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 2ND MARCH 2022 TO 31ST MARCH 2023


2. ACCOUNTING POLICIES - continued

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 period was 6 .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
Additions 41,150 3,459 1,995 46,604
At 31st March 2023 41,150 3,459 1,995 46,604
DEPRECIATION
Charge for period 6,172 518 499 7,189
At 31st March 2023 6,172 518 499 7,189
NET BOOK VALUE
At 31st March 2023 34,978 2,941 1,496 39,415

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 24,302

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 27,227
Taxation and social security 6,361
Other creditors 30,906
64,494