Company Registration No. 11028743 (England and Wales)
Skintastic Aesthetic Supplies Ltd
Unaudited accounts
for the year ended 31 October 2023
Skintastic Aesthetic Supplies Ltd
Unaudited accounts
Contents
Skintastic Aesthetic Supplies Ltd
Company Information
for the year ended 31 October 2023
Company Number
11028743 (England and Wales)
Registered Office
48 Lambourne Road
West End
Southampton
Hampshire
SO18 3LS
United Kingdom
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
Skintastic Aesthetic Supplies Ltd
Accountants' report
Accountants' report to the director of Skintastic Aesthetic Supplies Ltd on the preparation of the unaudited statutory accounts for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Skintastic Aesthetic Supplies Ltd for the year ended
31 October 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Skintastic Aesthetic Supplies Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Skintastic Aesthetic Supplies Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Skintastic Aesthetic Supplies Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Skintastic Aesthetic Supplies Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Skintastic Aesthetic Supplies Ltd. You consider that Skintastic Aesthetic Supplies Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Skintastic Aesthetic Supplies Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
23 February 2024
Skintastic Aesthetic Supplies Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
36,127
40,759
Cash at bank and in hand
9,992
5,548
Creditors: amounts falling due within one year
(123,455)
(103,461)
Net current liabilities
(113,463)
(95,469)
Total assets less current liabilities
(77,336)
(54,710)
Creditors: amounts falling due after more than one year
(4,133)
(5,733)
Net liabilities
(81,469)
(60,443)
Called up share capital
100
100
Profit and loss account
(81,569)
(60,543)
Shareholders' funds
(81,469)
(60,443)
For the year ending 31 October 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 23 February 2024 and were signed on its behalf by
Carla Gale
Director
Company Registration No. 11028743
Skintastic Aesthetic Supplies Ltd
Notes to the Accounts
for the year ended 31 October 2023
Skintastic Aesthetic Supplies Ltd is a private company, limited by shares, registered in England and Wales, registration number 11028743. The registered office is 48 Lambourne Road, West End, Southampton , Hampshire, SO18 3LS, 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.
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:
Plant & machinery
25% on reducing balance
4
Tangible fixed assets
Plant & machinery
Charge for the year
10,773
Amounts falling due within one year
Accrued income and prepayments
-
2,444
Skintastic Aesthetic Supplies Ltd
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
333
Trade creditors
10,950
273
Amounts owed to group undertakings and other participating interests
6,046
5,596
Other creditors
10,020
3,449
Loans from directors
84,903
76,198
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
(76,198)
(61,370)
(52,665)
(84,903)
(76,198)
(61,370)
(52,665)
(84,903)
10
Average number of employees
During the year the average number of employees was 3 (2022: 3).