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REGISTERED NUMBER: 08747992 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2022

for

Beautic Properties Limited

Beautic Properties Limited (Registered number: 08747992)






Contents of the Financial Statements
for the Year Ended 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Beautic Properties Limited

Company Information
for the Year Ended 31 December 2022







DIRECTORS: M Itzinger
Mrs E Itzinger





REGISTERED OFFICE: 5 North End Road
Golders Green
London
NW11 7RJ





REGISTERED NUMBER: 08747992 (England and Wales)





ACCOUNTANTS: Martin+Heller
5 North End Road
London
NW11 7RJ

Beautic Properties Limited (Registered number: 08747992)

Balance Sheet
31 December 2022

31.12.22 31.12.21
Notes £    £   
FIXED ASSETS
Tangible assets 4 190,017 191,763
Investment property 5 1,715,125 1,715,125
1,905,142 1,906,888

CURRENT ASSETS
Debtors 6 4,650 5,978
Cash at bank 34,278 41,208
38,928 47,186
CREDITORS
Amounts falling due within one year 7 (1,374,588 ) (1,689,671 )
NET CURRENT LIABILITIES (1,335,660 ) (1,642,485 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

569,482

264,403

CREDITORS
Amounts falling due after more than one
year

8

(423,894

)

(142,632

)
NET ASSETS 145,588 121,771

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 145,488 121,671
SHAREHOLDERS' FUNDS 145,588 121,771

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Beautic Properties Limited (Registered number: 08747992)

Balance Sheet - continued
31 December 2022


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 Board of Directors and authorised for issue on 24 October 2023 and were signed on its behalf by:





M Itzinger - Director


Beautic Properties Limited (Registered number: 08747992)

Notes to the Financial Statements
for the Year Ended 31 December 2022

1. STATUTORY INFORMATION

Beautic Properties 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

Beautic Properties Limited (Registered number: 08747992)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

4. TANGIBLE FIXED ASSETS
Fixtures
Long and
leasehold fittings Totals
£    £    £   
COST
At 1 January 2022
and 31 December 2022 184,781 11,105 195,886
DEPRECIATION
At 1 January 2022 - 4,123 4,123
Charge for year - 1,746 1,746
At 31 December 2022 - 5,869 5,869
NET BOOK VALUE
At 31 December 2022 184,781 5,236 190,017
At 31 December 2021 184,781 6,982 191,763

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2022
and 31 December 2022 1,715,125
NET BOOK VALUE
At 31 December 2022 1,715,125
At 31 December 2021 1,715,125

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade debtors - 128
Other debtors 4,650 5,850
4,650 5,978

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade creditors 5,291 5,292
Taxation and social security 5,996 13,179
Other creditors 1,363,301 1,671,200
1,374,588 1,689,671

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.22 31.12.21
£    £   
Other creditors 423,894 142,632

Beautic Properties Limited (Registered number: 08747992)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.22 31.12.21
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 January 2022 121,671
Profit for the year 23,817
At 31 December 2022 145,488