Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 07327806 Ms Amy Rogers Mrs Emily Champion true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07327806 2022-07-31 07327806 2023-07-31 07327806 2022-08-01 2023-07-31 07327806 frs-core:CurrentFinancialInstruments 2023-07-31 07327806 frs-core:PlantMachinery 2023-07-31 07327806 frs-core:PlantMachinery 2022-08-01 2023-07-31 07327806 frs-core:PlantMachinery 2022-07-31 07327806 frs-core:ShareCapital 2023-07-31 07327806 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 07327806 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 07327806 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 07327806 frs-bus:SmallEntities 2022-08-01 2023-07-31 07327806 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 07327806 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 07327806 1 2022-08-01 2023-07-31 07327806 frs-bus:Director1 2022-08-01 2023-07-31 07327806 frs-bus:Director2 2022-08-01 2023-07-31 07327806 frs-countries:EnglandWales 2022-08-01 2023-07-31 07327806 2021-07-31 07327806 2022-07-31 07327806 2021-08-01 2022-07-31 07327806 frs-core:CurrentFinancialInstruments 2022-07-31 07327806 frs-core:ShareCapital 2022-07-31 07327806 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 07327806
The Beauty Yard Limited
Unaudited Financial Statements
For The Year Ended 31 July 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07327806
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,408 1,878
1,408 1,878
CURRENT ASSETS
Stocks 5 600 600
Debtors 6 6,763 5,195
Cash at bank and in hand 18,764 26,323
26,127 32,118
Creditors: Amounts Falling Due Within One Year 7 (17,463 ) (11,118 )
NET CURRENT ASSETS (LIABILITIES) 8,664 21,000
TOTAL ASSETS LESS CURRENT LIABILITIES 10,072 22,878
PROVISIONS FOR LIABILITIES
Deferred Taxation (268 ) (357 )
NET ASSETS 9,804 22,521
CAPITAL AND RESERVES
Called up share capital 8 200 200
Profit and Loss Account 9,604 22,321
SHAREHOLDERS' FUNDS 9,804 22,521
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For the year ending 31 July 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms Amy Rogers
Director
19th December 2023
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
The Beauty Yard Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07327806 . The registered office is Unit 9A Reeds Farm Estate, Roxwell Road, Writtle, Essex, CM1 3ST.

The trading address of the business is 324 Broomfield Road, Chelmsford, Essex, CM1 4DZ.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 33% straight line and 20% straight line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts 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 the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.6. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.8. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2022: 4)
5 4
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 August 2022 6,100
As at 31 July 2023 6,100
Depreciation
As at 1 August 2022 4,222
Provided during the period 470
As at 31 July 2023 4,692
Net Book Value
As at 31 July 2023 1,408
As at 1 August 2022 1,878
5. Stocks
2023 2022
£ £
Finished goods 600 600
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6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 2,790 3,992
Other debtors 3,973 1,203
6,763 5,195
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 10,155 3,471
Taxation and social security 7,308 7,647
17,463 11,118
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 200 200
9. Ultimate Controlling Party
There is no ultimate controlling party.
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