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REGISTERED NUMBER: 04737976 (England and Wales)















Financial Statements for the Year Ended 30 December 2022

for

Cosmesurge Ltd

Cosmesurge Ltd (Registered number: 04737976)






Contents of the Financial Statements
for the Year Ended 30 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cosmesurge Ltd

Company Information
for the Year Ended 30 December 2022







DIRECTORS: Mr W Achi
Mr O Khaled





SECRETARY: Ms L A O'Connor





REGISTERED OFFICE: 51 Harley Street
London
England
W1G 8QQ





REGISTERED NUMBER: 04737976 (England and Wales)






Cosmesurge Ltd (Registered number: 04737976)

Balance Sheet
30 December 2022

30.12.22 30.12.21
Notes £'000 £'000 £'000 £'000
FIXED ASSETS
Tangible assets 4 5,083 5,144

CURRENT ASSETS
Stocks - 24
Debtors 5 26 78
Cash at bank 44 130
70 232
CREDITORS
Amounts falling due within one year 6 387 243
NET CURRENT LIABILITIES (317 ) (11 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,766

5,133

CREDITORS
Amounts falling due after more than one
year

7

7,702

7,853
NET LIABILITIES (2,936 ) (2,720 )

CAPITAL AND RESERVES
Called up share capital - -
Retained earnings 8 (2,936 ) (2,720 )
SHAREHOLDERS' FUNDS (2,936 ) (2,720 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 December 2022 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.

Cosmesurge Ltd (Registered number: 04737976)

Balance Sheet - continued
30 December 2022


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 21 December 2023 and were signed on its behalf by:




Mr O Khaled - Director



Mr W Achi - Director


Cosmesurge Ltd (Registered number: 04737976)

Notes to the Financial Statements
for the Year Ended 30 December 2022

1. STATUTORY INFORMATION

Cosmesurge Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern
The Company incurred a loss of £141319.84 during the year ended 31 Dec 20201.
However ,the directors are of the opinion that the entity will be able to generate revenues and become financially stable,till that time related parties will continue to support the company.
Accordingly ,the unaudited financial statements are prepared on a going concern basis.

Depreciation
Depreciation is charged so as to write off the cost of assets over their estimated useful lives as follows :

Assets Class Depreciation method and rate

Long leasehold land and buildings Long leasehold land and buildings are not
depreciated.Leasehold improvements are
depreciated over 12 years on straight line basis.

Other Fixtures & fittings,plant & equipment 25% written down value
and computer equipment

Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits ,and other short term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

Cosmesurge Ltd (Registered number: 04737976)

Notes to the Financial Statements - continued
for the Year Ended 30 December 2022

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£'000 £'000 £'000
COST
At 31 December 2021
and 30 December 2022 5,102 869 5,971
DEPRECIATION
At 31 December 2021 158 669 827
Charge for year 11 50 61
At 30 December 2022 169 719 888
NET BOOK VALUE
At 30 December 2022 4,933 150 5,083
At 30 December 2021 4,944 200 5,144

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.12.22 30.12.21
£'000 £'000
Trade debtors 28 12
Prepayment of Rent (7 ) (38 )
Prepayment of Supplier 5 5
VAT - 99
26 78

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.12.22 30.12.21
£'000 £'000
Bank loans and overdrafts 14 14
Trade creditors 341 212
Wages 2 2
Social security and other taxes 15 15
Accruals and deferred income 8 -
Accrued expenses 7 -
387 243

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.12.22 30.12.21
£'000 £'000
Due to related party 7,702 7,853

Cosmesurge Ltd (Registered number: 04737976)

Notes to the Financial Statements - continued
for the Year Ended 30 December 2022

8. RESERVES
Retained
earnings
£'000

At 31 December 2021 (2,720 )
Deficit for the year (216 )
At 30 December 2022 (2,936 )

9. SHARE CAPITAL

Ordinary shares are classified as equity .Equity instruments are measured at the fair value of the cash or other resources received or receivable ,net of the direct costs of issuing the equity instruments .