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REGISTERED NUMBER: 09012844 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023

FOR

BANK AESTHETICS LIMITED

BANK AESTHETICS LIMITED (REGISTERED NUMBER: 09012844)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BANK AESTHETICS LIMITED

COMPANY INFORMATION
for the Year Ended 30 April 2023







DIRECTOR: Miss M T B Phillips





REGISTERED OFFICE: Bank Gallery
High Street
Kenilworth
Warwickshire
CV8 1LY





REGISTERED NUMBER: 09012844 (England and Wales)





ACCOUNTANTS: Bernard Rogers & Co
Bank Gallery
High Street
Kenilworth
Warwickshire
CV8 1LY

BANK AESTHETICS LIMITED (REGISTERED NUMBER: 09012844)

BALANCE SHEET
30 April 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,478 3,181

CURRENT ASSETS
Stocks 19,783 23,160
Debtors 5 38,893 32,538
Cash at bank 7,303 9,821
65,979 65,519
CREDITORS
Amounts falling due within one year 6 52,515 46,739
NET CURRENT ASSETS 13,464 18,780
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,942

21,961

CREDITORS
Amounts falling due after more than one
year

7

(14,646

)

(21,353

)

PROVISIONS FOR LIABILITIES (281 ) (604 )
NET ASSETS 15 4

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 14 3
SHAREHOLDERS' FUNDS 15 4

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

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

BANK AESTHETICS LIMITED (REGISTERED NUMBER: 09012844)

BALANCE SHEET - continued
30 April 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 14 November 2023 and were signed by:





Miss M T B Phillips - Director


BANK AESTHETICS LIMITED (REGISTERED NUMBER: 09012844)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2023


1. STATUTORY INFORMATION

Bank Aesthetics 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
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 etc - 25% on cost

Stocks
Stocks 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 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.

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 2 (2022 - 2 ) .

BANK AESTHETICS LIMITED (REGISTERED NUMBER: 09012844)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2022
and 30 April 2023 17,227
DEPRECIATION
At 1 May 2022 14,046
Charge for year 1,703
At 30 April 2023 15,749
NET BOOK VALUE
At 30 April 2023 1,478
At 30 April 2022 3,181

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 38,893 32,538

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 7,000 7,000
Trade creditors 23,630 18,223
Taxation and social security 19,678 19,513
Other creditors 2,207 2,003
52,515 46,739

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 14,646 21,353

BANK AESTHETICS LIMITED (REGISTERED NUMBER: 09012844)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2023


8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2023 2022
£    £   
Miss M T B Phillips
Balance outstanding at start of year 32,538 8,511
Amounts advanced 29,861 40,112
Amounts repaid (33,320 ) (16,085 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 29,079 32,538

9. ULTIMATE CONTROLLING PARTY

The controlling party is Miss M T B Phillips.