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REGISTERED NUMBER: 09660665 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

Skintech Solutions Ltd

Skintech Solutions Ltd (Registered number: 09660665)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Skintech Solutions Ltd

Company Information
for the Year Ended 30 September 2023







DIRECTOR: Mrs Michelle Ann McGuinness





REGISTERED OFFICE: 71-75 Shelton Street
London
WC2H 9JQ





REGISTERED NUMBER: 09660665 (England and Wales)





ACCOUNTANTS: Inca Accountants Ltd
Chartered Certified Accountants
Central Office
Cobweb Buildings
The Lane, Lyford
Nr Wantage
Oxfordshire
OX12 0EE

Skintech Solutions Ltd (Registered number: 09660665)

Balance Sheet
30 September 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,067 3,021

CURRENT ASSETS
Debtors 5 45,085 33,152

CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR

6

(14,763

)

(12,656

)
NET CURRENT ASSETS 30,322 20,496
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,389

23,517

CREDITORS: AMOUNTS FALLING
DUE AFTER MORE THAN ONE
YEAR


7


(18,056


)


(23,148


)

PROVISIONS FOR LIABILITIES (90 ) (121 )
NET ASSETS 14,243 248

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 14,242 247
14,243 248

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Skintech Solutions Ltd (Registered number: 09660665)

Balance Sheet - continued
30 September 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.

Approved and authorised by the director and authorised for issue on 13 October 2023 and were signed by:





Mrs Michelle Ann McGuinness - Director


Skintech Solutions Ltd (Registered number: 09660665)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Skintech Solutions 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 cost

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.

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 ) .

Skintech Solutions Ltd (Registered number: 09660665)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 October 2022
and 30 September 2023 4,393 3,183 7,576
DEPRECIATION
At 1 October 2022 3,759 796 4,555
Charge for year 158 796 954
At 30 September 2023 3,917 1,592 5,509
NET BOOK VALUE
At 30 September 2023 476 1,591 2,067
At 30 September 2022 634 2,387 3,021

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 45,085 33,152

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 698 328
Taxation and social security 11,206 9,349
Other creditors 2,859 2,979
14,763 12,656

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 18,056 23,148

Skintech Solutions Ltd (Registered number: 09660665)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2023 and 30 September 2022:

2023 2022
£    £   
Mrs Michelle Ann McGuinness
Balance outstanding at start of year 31,367 27,305
Amounts advanced 11,940 4,062
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 43,307 31,367