2022-08-012023-07-312023-07-31false10290918PML BEAUTY LTD2023-10-3096020iso4217:GBPxbrli:pure102909182022-08-01102909182023-07-31102909182022-08-012023-07-31102909182021-08-01102909182022-07-31102909182021-08-012022-07-3110290918bus:SmallEntities2022-08-012023-07-3110290918bus:AuditExempt-NoAccountantsReport2022-08-012023-07-3110290918bus:AbridgedAccounts2022-08-012023-07-3110290918bus:PrivateLimitedCompanyLtd2022-08-012023-07-3110290918core:WithinOneYear2023-07-3110290918core:AfterOneYear2023-07-3110290918core:WithinOneYear2022-07-3110290918core:AfterOneYear2022-07-3110290918core:ShareCapital2023-07-3110290918core:SharePremium2023-07-3110290918core:RevaluationReserve2023-07-3110290918core:OtherReservesSubtotal2023-07-3110290918core:RetainedEarningsAccumulatedLosses2023-07-3110290918core:ShareCapital2022-07-3110290918core:SharePremium2022-07-3110290918core:RevaluationReserve2022-07-3110290918core:OtherReservesSubtotal2022-07-3110290918core:RetainedEarningsAccumulatedLosses2022-07-3110290918core:LandBuildings2023-07-3110290918core:PlantMachinery2023-07-3110290918core:Vehicles2023-07-3110290918core:FurnitureFittings2023-07-3110290918core:OfficeEquipment2023-07-3110290918core:NetGoodwill2023-07-3110290918core:IntangibleAssetsOtherThanGoodwill2023-07-3110290918core:ListedExchangeTraded2023-07-3110290918core:UnlistedNon-exchangeTraded2023-07-3110290918core:LandBuildings2022-07-3110290918core:PlantMachinery2022-07-3110290918core:Vehicles2022-07-3110290918core:FurnitureFittings2022-07-3110290918core:OfficeEquipment2022-07-3110290918core:NetGoodwill2022-07-3110290918core:IntangibleAssetsOtherThanGoodwill2022-07-3110290918core:ListedExchangeTraded2022-07-3110290918core:UnlistedNon-exchangeTraded2022-07-3110290918core:LandBuildings2022-08-012023-07-3110290918core:PlantMachinery2022-08-012023-07-3110290918core:Vehicles2022-08-012023-07-3110290918core:FurnitureFittings2022-08-012023-07-3110290918core:OfficeEquipment2022-08-012023-07-3110290918core:NetGoodwill2022-08-012023-07-3110290918core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3110290918core:ListedExchangeTraded2022-08-012023-07-3110290918core:UnlistedNon-exchangeTraded2022-08-012023-07-3110290918core:MoreThanFiveYears2022-08-012023-07-3110290918core:Non-currentFinancialInstruments2023-07-3110290918core:Non-currentFinancialInstruments2022-07-3110290918dpl:CostSales2022-08-012023-07-3110290918dpl:DistributionCosts2022-08-012023-07-3110290918core:LandBuildings2022-08-012023-07-3110290918core:PlantMachinery2022-08-012023-07-3110290918core:Vehicles2022-08-012023-07-3110290918core:FurnitureFittings2022-08-012023-07-3110290918core:OfficeEquipment2022-08-012023-07-3110290918dpl:AdministrativeExpenses2022-08-012023-07-3110290918core:NetGoodwill2022-08-012023-07-3110290918core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3110290918dpl:GroupUndertakings2022-08-012023-07-3110290918dpl:ParticipatingInterests2022-08-012023-07-3110290918dpl:GroupUndertakingscore:ListedExchangeTraded2022-08-012023-07-3110290918core:ListedExchangeTraded2022-08-012023-07-3110290918dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-08-012023-07-3110290918core:UnlistedNon-exchangeTraded2022-08-012023-07-3110290918dpl:CostSales2021-08-012022-07-3110290918dpl:DistributionCosts2021-08-012022-07-3110290918core:LandBuildings2021-08-012022-07-3110290918core:PlantMachinery2021-08-012022-07-3110290918core:Vehicles2021-08-012022-07-3110290918core:FurnitureFittings2021-08-012022-07-3110290918core:OfficeEquipment2021-08-012022-07-3110290918dpl:AdministrativeExpenses2021-08-012022-07-3110290918core:NetGoodwill2021-08-012022-07-3110290918core:IntangibleAssetsOtherThanGoodwill2021-08-012022-07-3110290918dpl:GroupUndertakings2021-08-012022-07-3110290918dpl:ParticipatingInterests2021-08-012022-07-3110290918dpl:GroupUndertakingscore:ListedExchangeTraded2021-08-012022-07-3110290918core:ListedExchangeTraded2021-08-012022-07-3110290918dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-08-012022-07-3110290918core:UnlistedNon-exchangeTraded2021-08-012022-07-3110290918core:NetGoodwill2023-07-3110290918core:IntangibleAssetsOtherThanGoodwill2023-07-3110290918core:LandBuildings2023-07-3110290918core:PlantMachinery2023-07-3110290918core:Vehicles2023-07-3110290918core:FurnitureFittings2023-07-3110290918core:OfficeEquipment2023-07-3110290918core:AfterOneYear2023-07-3110290918core:WithinOneYear2023-07-3110290918core:ListedExchangeTraded2023-07-3110290918core:UnlistedNon-exchangeTraded2023-07-3110290918core:ShareCapital2023-07-3110290918core:SharePremium2023-07-3110290918core:RevaluationReserve2023-07-3110290918core:OtherReservesSubtotal2023-07-3110290918core:RetainedEarningsAccumulatedLosses2023-07-3110290918core:NetGoodwill2022-07-3110290918core:IntangibleAssetsOtherThanGoodwill2022-07-3110290918core:LandBuildings2022-07-3110290918core:PlantMachinery2022-07-3110290918core:Vehicles2022-07-3110290918core:FurnitureFittings2022-07-3110290918core:OfficeEquipment2022-07-3110290918core:AfterOneYear2022-07-3110290918core:WithinOneYear2022-07-3110290918core:ListedExchangeTraded2022-07-3110290918core:UnlistedNon-exchangeTraded2022-07-3110290918core:ShareCapital2022-07-3110290918core:SharePremium2022-07-3110290918core:RevaluationReserve2022-07-3110290918core:OtherReservesSubtotal2022-07-3110290918core:RetainedEarningsAccumulatedLosses2022-07-3110290918core:NetGoodwill2021-08-0110290918core:IntangibleAssetsOtherThanGoodwill2021-08-0110290918core:LandBuildings2021-08-0110290918core:PlantMachinery2021-08-0110290918core:Vehicles2021-08-0110290918core:FurnitureFittings2021-08-0110290918core:OfficeEquipment2021-08-0110290918core:AfterOneYear2021-08-0110290918core:WithinOneYear2021-08-0110290918core:ListedExchangeTraded2021-08-0110290918core:UnlistedNon-exchangeTraded2021-08-0110290918core:ShareCapital2021-08-0110290918core:SharePremium2021-08-0110290918core:RevaluationReserve2021-08-0110290918core:OtherReservesSubtotal2021-08-0110290918core:RetainedEarningsAccumulatedLosses2021-08-0110290918core:AfterOneYear2022-08-012023-07-3110290918core:WithinOneYear2022-08-012023-07-3110290918core:Non-currentFinancialInstrumentscore:CostValuation2022-08-012023-07-3110290918core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-08-012023-07-3110290918core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-08-012023-07-3110290918core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-08-012023-07-3110290918core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-08-012023-07-3110290918core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-08-012023-07-3110290918core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-08-012023-07-3110290918core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-08-012023-07-3110290918core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-08-012023-07-3110290918core:Non-currentFinancialInstrumentscore:CostValuation2023-07-3110290918core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-3110290918core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-3110290918core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-3110290918core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-3110290918core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-3110290918core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-3110290918core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-3110290918core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-3110290918core:Non-currentFinancialInstrumentscore:CostValuation2022-07-3110290918core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-07-3110290918core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-07-3110290918core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-07-3110290918core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-07-3110290918core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-07-3110290918core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-07-3110290918core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-07-3110290918core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-07-3110290918bus:Director12022-08-012023-07-3110290918bus:Director22022-08-012023-07-31

PML BEAUTY LTD

Registered Number
10290918
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2023

PML BEAUTY LTD
Company Information
for the year from 1 August 2022 to 31 July 2023

Directors

JLIL, Sarah Rebbecca
MACK, Teresa

Registered Address

2-3 Market Place Walk
Market Rasen
LN8 3GZ

Registered Number

10290918 (England and Wales)
PML BEAUTY LTD
Balance Sheet as at
31 July 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets67,7199,190
7,7199,190
Current assets
Stocks5,0005,000
Debtors5162,070
Cash at bank and on hand23,03224,613
28,54831,683
Creditors amounts falling due within one year(26,561)(24,798)
Net current assets (liabilities)1,9876,885
Total assets less current liabilities9,70616,075
Creditors amounts falling due after one year(13,726)(21,728)
Net assets(4,020)(5,653)
Capital and reserves
Called up share capital44
Profit and loss account(4,024)(5,657)
Shareholders' funds(4,020)(5,653)
The financial statements were approved and authorised for issue by the Board of Directors on 30 October 2023, and are signed on its behalf by:
MACK, Teresa
Director
Registered Company No. 10290918
PML BEAUTY LTD
Notes to the Financial Statements
for the year ended 31 July 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:
Intangible assets policy
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Stocks policy
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.
Revenue recognition policy
Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Foreign currency translation and operations policy
Foreign currency transactions are initially recognised by applying to the foreign currency amount the spot exchange rate between the functional currency and the foreign currency at the date of the transaction. Monetary assets and liabilities denominated in a foreign currency at the balance sheet date are translated using the closing rate.
Employee benefits policy
When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service. The company operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.
4.Employee information

20232022
Average number of employees during the year56
5.Intangible assets

Total

£
Cost or valuation
At 01 August 2220,000
At 31 July 2320,000
Amortisation and impairment
At 01 August 2220,000
At 31 July 2320,000
Net book value
At 31 July 23-
At 31 July 22-
6.Property, plant and equipment

Total

£
Cost or valuation
At 01 August 2222,563
Additions1,072
At 31 July 2323,635
Depreciation and impairment
At 01 August 2213,373
Charge for year2,543
At 31 July 2315,917
Net book value
At 31 July 237,719
At 31 July 229,190