Registered number
06925446
Bristol Body Care Limited
Unaudited Filleted Accounts
30 June 2023
Bristol Body Care Limited
Registered number: 06925446
Balance Sheet
as at 30 June 2023
Notes 2023 2022
£ £
Fixed assets
Intangible assets 3 26,000 29,250
Tangible assets 4 12,725 1,931
38,725 31,181
Current assets
Stocks 18,175 8,175
Debtors 5 35,416 40,064
Cash at bank and in hand 73,999 88,002
127,590 136,241
Creditors: amounts falling due within one year 6 (36,886) (36,628)
Net current assets 90,704 99,613
Total assets less current liabilities 129,429 130,794
Creditors: amounts falling due after more than one year 7 (6,396) (16,106)
Net assets 123,033 114,688
Capital and reserves
Called up share capital 2 2
Profit and loss account 123,031 114,686
Shareholders' funds 123,033 114,688
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
P James
Director
Approved by the board on 16 November 2023
Bristol Body Care Limited
Notes to the Accounts
for the year ended 30 June 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 2
3 Intangible fixed assets £
Goodwill:
Cost
At 1 July 2022 65,000
At 30 June 2023 65,000
Amortisation
At 1 July 2022 35,750
Provided during the year 3,250
At 30 June 2023 39,000
Net book value
At 30 June 2023 26,000
At 30 June 2022 29,250
Goodwill is being written off in equal annual instalments over its estimated economic life of twenty years.
4 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 July 2022 9,930 15,247 25,177
Additions - 11,000 11,000
At 30 June 2023 9,930 26,247 36,177
Depreciation
At 1 July 2022 8,698 14,548 23,246
Charge for the year 31 175 206
At 30 June 2023 8,729 14,723 23,452
Net book value
At 30 June 2023 1,201 11,524 12,725
At 30 June 2022 1,232 699 1,931
5 Debtors 2023 2022
£ £
Trade debtors 34,936 39,584
Other debtors 480 480
35,416 40,064
6 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 6,329 6,329
VAT 17,923 13,374
Taxation and social security costs 11,405 15,696
Other creditors 1,229 1,229
36,886 36,628
7 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 6,396 16,106
8 Other information
Bristol Body Care Limited is a private company limited by shares and incorporated in England. Its registered office is:
Beaufort House
113 Parson Street
Bristol
BS3 5QH
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