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REGISTERED NUMBER: 07360444 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Ultimate Eyelash Supplies UK Limited

Ultimate Eyelash Supplies UK Limited (Registered number: 07360444)

Contents of the Financial Statements
for the Year Ended 31 July 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ultimate Eyelash Supplies UK Limited

Company Information
for the Year Ended 31 July 2023







DIRECTORS: Mrs S Gray
Mr M G Gray





SECRETARY: Mrs S Gray





REGISTERED OFFICE: 30 Main Road
Bilton
Kingston upon Hull
East Yorkshire
HU11 4AR





REGISTERED NUMBER: 07360444 (England and Wales)





ACCOUNTANTS: Harris Lacey and Swain
Suite 1
The Riverside Building
Hessle
East Yorkshire
HU13 0DZ

Ultimate Eyelash Supplies UK Limited (Registered number: 07360444)

Balance Sheet
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 78 181

CURRENT ASSETS
Stocks 25,500 23,217
Debtors 5 510 537
Cash at bank and in hand 1,450 1,388
27,460 25,142
CREDITORS
Amounts falling due within one year 6 14,540 19,925
NET CURRENT ASSETS 12,920 5,217
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,998

5,398

PROVISIONS FOR LIABILITIES 15 226
NET ASSETS 12,983 5,172

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 12,981 5,170
SHAREHOLDERS' FUNDS 12,983 5,172

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Ultimate Eyelash Supplies UK Limited (Registered number: 07360444)

Balance Sheet - continued
31 July 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 Board of Directors and authorised for issue on 20 February 2024 and were signed on its behalf by:





Mrs S Gray - Director


Ultimate Eyelash Supplies UK Limited (Registered number: 07360444)

Notes to the Financial Statements
for the Year Ended 31 July 2023


1. STATUTORY INFORMATION

Ultimate Eyelash Supplies UK 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.

Revenue
Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods supplied or services rendered, net of returns, discounts and rebates allowed by the company and value added taxes.

The company recognises revenue when the significant risks and rewards of ownership have been transferred to the buyer; the company retains no continuing involvement or control over the goods; the amount of revenue can be measured reliably; it is probable that future economic benefits will flow to the entity and when the specific criteria relating to each of the company's sales channels have been met, as described below.

Sale of goods - internet based transactions
The group sells goods via its website for delivery to the customer. Revenue is recognised when the risks and rewards of the inventory are passed to the customer. For deliveries to the customer this is the point of acceptance of the goods by the customer. Transactions are settled by credit or payment card.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 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.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors are initially recognised at transaction value and subsequently measure at their settlement value.

Estimates and judgements
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Directors' best knowledge of the amount, events or actions, actual results ultimately differ from these estimates. The Directors do not consider there to be any material estimates and judgements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Ultimate Eyelash Supplies UK Limited (Registered number: 07360444)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 August 2022
and 31 July 2023 4,775 5,457 10,232
DEPRECIATION
At 1 August 2022 4,751 5,300 10,051
Charge for year 24 79 103
At 31 July 2023 4,775 5,379 10,154
NET BOOK VALUE
At 31 July 2023 - 78 78
At 31 July 2022 24 157 181

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 510 537

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 146 131
Taxation and social security 975 -
Other creditors 13,419 19,794
14,540 19,925