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Registered number: 09403850

Let Your Beauty Shine Limited

ACCOUNTS
FOR THE YEAR ENDED 31/01/2023

Prepared By:
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Let Your Beauty Shine Limited

ACCOUNTS
FOR THE YEAR ENDED 31/01/2023
DIRECTORS
Natania Friedman
REGISTERED OFFICE
49 Mowbray Road
Edgware
Middlesex
HA8 8JL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 09403850
BANKERS
Barclays
ACCOUNTANTS
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Let Your Beauty Shine Limited

ACCOUNTS
FOR THEYEARENDED31/01/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Let Your Beauty Shine Limited

BALANCE SHEET AT 31/01/2023
20232022
Notes££
FIXED ASSETS
Tangible assets23,7984,984
CURRENT ASSETS
Stock1,1304,519
Debtors416,4234,259
Cash at bank and in hand23,70935,856
41,26244,634
CREDITORS: Amounts falling due within one year54,8065,946
NET CURRENT ASSETS36,45638,688
TOTAL ASSETS LESS CURRENT LIABILITIES40,25443,672
CREDITORS: Amounts falling due after more than one year612,26715,467
NET ASSETS27,98728,205
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account27,88728,105
SHAREHOLDERS' FUNDS27,98728,205
For the year ending 31/01/2023 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 20/10/2023 and signed on their behalf by
.............................
Natania Friedman
Director

Let Your Beauty Shine Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/01/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Leases
Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.

Let Your Beauty Shine Limited

2. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/02/202214,80114,801
Additions8080
At 31/01/202314,88114,881
Depreciation
At 01/02/20229,8179,817
For the year1,2661,266
At 31/01/202311,08311,083
Net Book Amounts
At 31/01/20233,7983,798
At 31/01/20224,9844,984
3. STOCK 20232022
££
Stock comprises:
Stock1,1304,519
1,1304,519
4. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors5,1524,259
Other debtors11,271-
16,4234,259
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax6904,262
PAYE control41-
Other creditors2,3951,684
Accruals1,680-
4,8065,946

Let Your Beauty Shine Limited

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans (unsecured) >1yr12,26715,467
12,26715,467
7. EMPLOYEES
20232022
No.No.
Average number of employees22
8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
New shares issued during period:
100 Ordinary shares of £1 each100
9. CONTROLLING PARTY
The company is controlled by N. Friedman, the director, by virtue of the fact that she holds 100% of the company's issued and called up voting share capital.
10. RELATED PARTY TRANSACTIONS
During the year, certain loans were advanced to the company by N. Friedman, the director. The loans are interest free and repayable on demand. At the year end, the balance due to N. Friedman totalled £2,394 (2022: £1,683).