Company Registration No. 12795436 (England and Wales)
Beautaholics Limited
Unaudited accounts
for the year ended 31 August 2023
Beautaholics Limited
Unaudited accounts
Contents
Beautaholics Limited
Company Information
for the year ended 31 August 2023
Directors
K Veater
R D Veater
Company Number
12795436 (England and Wales)
Registered Office
11 HALIDON ROAD
SUNDERLAND
TYNE AND WEAR
SR2 9JW
ENGLAND
Accountants
LP Accountants Ltd
Unit E
Colima Avenue
Sunderland
Tyne & Wear
SR5 3XB
Beautaholics Limited
Statement of financial position
as at 31 August 2023
Cash at bank and in hand
106,783
32,558
Creditors: amounts falling due within one year
(47,041)
(19,069)
Net current assets
69,833
18,978
Called up share capital
2
2
Profit and loss account
70,355
19,509
Shareholders' funds
70,357
19,511
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 17 April 2024 and were signed on its behalf by
R D Veater
Director
Company Registration No. 12795436
Beautaholics Limited
Notes to the Accounts
for the year ended 31 August 2023
Beautaholics Limited is a private company, limited by shares, registered in England and Wales, registration number 12795436. The registered office is 11 HALIDON ROAD, SUNDERLAND, TYNE AND WEAR, SR2 9JW, ENGLAND.
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 the reducing balance
Fixtures & fittings
25% on the reducing balance
Computer equipment
33% straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2022
212
250
600
1,062
At 31 August 2023
212
250
1,000
1,462
At 1 September 2022
56
110
363
529
Charge for the year
39
35
335
409
At 31 August 2023
95
145
698
938
At 31 August 2023
117
105
302
524
At 31 August 2022
156
140
237
533
Beautaholics Limited
Notes to the Accounts
for the year ended 31 August 2023
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
15,829
3,917
Other creditors
16,710
10,459
Loans from directors
4,228
2,171
6
Average number of employees
During the year the average number of employees was 3 (2022: 2).