Company Registration No. 07663279 (England and Wales)
The Westbourne Beauty Clinic Limited
Unaudited accounts
for the year ended 30 June 2023
The Westbourne Beauty Clinic Limited
Unaudited accounts
Contents
The Westbourne Beauty Clinic Limited
Company Information
for the year ended 30 June 2023
Company Number
07663279 (England and Wales)
Registered Office
C/O The Florins, 8
Lulworth Close
Hayling Island
Hampshire
PO11 0NY
United Kingdom
Accountants
Babcock Tax & Accountancy Services Ltd
The Florins, 8 Lulworth Close
Hayling Island
Hampshire
PO11 0NY
The Westbourne Beauty Clinic Limited
Statement of financial position
as at 30 June 2023
Cash at bank and in hand
71
71
Creditors: amounts falling due within one year
(9,379)
(13,270)
Net current liabilities
(6,634)
(10,791)
Total assets less current liabilities
(6,633)
(10,790)
Creditors: amounts falling due after more than one year
(256,914)
(246,520)
Net liabilities
(263,547)
(257,310)
Called up share capital
5
5
Profit and loss account
(263,552)
(257,315)
Shareholders' funds
(263,547)
(257,310)
For the year ending 30 June 2023 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 February 2024 and were signed on its behalf by
Mrs J L Cox
Director
Company Registration No. 07663279
The Westbourne Beauty Clinic Limited
Notes to the Accounts
for the year ended 30 June 2023
The Westbourne Beauty Clinic Limited is a private company, limited by shares, registered in England and Wales, registration number 07663279. The registered office is C/O The Florins, 8, Lulworth Close, Hayling Island, Hampshire, PO11 0NY, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment - 33% on cost
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Hire purchase and leasing committments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The company operates a defined contributions pension scheme. Contributions payable to the company's pension scheme are charged to the profit or loss in the period to which they relate.
The Westbourne Beauty Clinic Limited
Notes to the Accounts
for the year ended 30 June 2023
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
These financial statements have been prepared on the going concern basis of accounting. At the balance sheet date, the company had net current liabilities. The company is reliant upon the continued support of the directors. No adjustments have been made should the going concern basis of accounting prove to be inappropriate.
4
Tangible fixed assets
Computer equipment
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
8,625
12,337
Taxes and social security
1
-
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
251,250
237,813
The ultimate controlling party is Mrs J L Cox.
The Westbourne Beauty Clinic Limited
Notes to the Accounts
for the year ended 30 June 2023
9
Average number of employees
During the year the average number of employees was 0 (2022: 1).