Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-302022-07-01falseMaintenance and repair of motor vehicles22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13266479 2022-07-01 2023-06-30 13266479 2021-03-15 2022-06-30 13266479 2023-06-30 13266479 2022-06-30 13266479 c:Director1 2022-07-01 2023-06-30 13266479 d:FurnitureFittings 2022-07-01 2023-06-30 13266479 d:FurnitureFittings 2023-06-30 13266479 d:FurnitureFittings 2022-06-30 13266479 d:OfficeEquipment 2022-07-01 2023-06-30 13266479 d:OfficeEquipment 2023-06-30 13266479 d:OfficeEquipment 2022-06-30 13266479 d:CurrentFinancialInstruments 2023-06-30 13266479 d:CurrentFinancialInstruments 2022-06-30 13266479 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 13266479 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 13266479 d:ShareCapital 2023-06-30 13266479 d:ShareCapital 2022-06-30 13266479 d:RetainedEarningsAccumulatedLosses 2023-06-30 13266479 d:RetainedEarningsAccumulatedLosses 2022-06-30 13266479 c:FRS102 2022-07-01 2023-06-30 13266479 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 13266479 c:FullAccounts 2022-07-01 2023-06-30 13266479 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 13266479 2 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Registered number: 13266479









PRISTINE BODYWORKS LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

 
PRISTINE BODYWORKS LTD
REGISTERED NUMBER: 13266479

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2022
                                                                          Note
£
£

Fixed assets
  

Tangible assets
 4 
-
9,360

Current assets
  

Debtors: amounts falling due within one year
 5 
105,147
105,141

Cash at bank and in hand
  
7,130
12,617

  
112,277
117,758

Creditors: amounts falling due within one year
 6 
(102,786)
(138,901)

Net current assets/(liabilities)
  
 
 
9,491
 
 
(21,143)

Total assets less current liabilities
  
9,491
(11,783)

  

Net assets/(liabilities)
  
9,491
(11,783)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
9,391
(11,883)

  
9,491
(11,783)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.
 
Page 1

 
PRISTINE BODYWORKS LTD
REGISTERED NUMBER: 13266479
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2023


The financial statements were approved and authorised for issue by the board and were signed on its behalf on 14 March 2024.



M Rodger
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
PRISTINE BODYWORKS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Pristine Bodyworks Ltd ("the Company") is a private Company limited by shares, incorporated in England and Wales. Its registered office is Unit 1 Hampton Barn Lane, Great Stambridge, Rochford, SS4 2AR.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
PRISTINE BODYWORKS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.3

Leased assets: the Company as lessee

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

 
2.4

Interest income

Interest income is recognised in the Statement of income and retained earnings using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to the Statement of income and retained earnings over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
PRISTINE BODYWORKS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and equipment
-
20% reducing balance
Computer equipment
-
25% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Page 5

 
PRISTINE BODYWORKS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.11

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 6

 
PRISTINE BODYWORKS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Tangible fixed assets





Fixtures and equipment
Computer equipment
Total

£
£
£





At 1 July 2022
9,078
2,620
11,698


Disposals
(9,078)
(2,620)
(11,698)



At 30 June 2023

-
-
-





At 1 July 2022
1,639
699
2,338


Disposals
(1,639)
(699)
(2,338)



At 30 June 2023

-
-
-



Net book value



At 30 June 2023
-
-
-


5.


Debtors

2023
2022
£
£


Trade debtors
-
15,141

Other debtors
105,147
90,000

105,147
105,141


Page 7

 
PRISTINE BODYWORKS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
2,883

Other taxation and social security
1,173
4,789

Obligations under finance lease and hire purchase contracts
-
10,436

Other creditors
93,613
120,793

Accruals and deferred income
8,000
-

102,786
138,901



7.


Related party transactions

Included within other creditors is an amount of £93,613 (2022 - £120,793) due to the directors of the Company.

 
Page 8