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REGISTERED NUMBER: 01725959 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Silhouette Du Barry Limited

Silhouette Du Barry Limited (Registered number: 01725959)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Silhouette Du Barry Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mrs Z S Jasztal
N P Jasztal





SECRETARY: Mrs Z S Jasztal





REGISTERED OFFICE: 8A Moulsham Street
Chelmsford
Essex
CM2 0HR





REGISTERED NUMBER: 01725959 (England and Wales)





ACCOUNTANTS: Fisher Michael
The Old Grange
Warren Estate
Lordship Road
Writtle
Essex
CM1 3WT

Silhouette Du Barry Limited (Registered number: 01725959)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 398,281 397,226
Investments 6 55,000 55,000
453,281 452,226

CURRENT ASSETS
Stocks 3,698 6,894
Debtors 7 63,557 104,022
Cash at bank and in hand 9,060 109,193
76,315 220,109
CREDITORS
Amounts falling due within one year 8 99,551 129,028
NET CURRENT (LIABILITIES)/ASSETS (23,236 ) 91,081
TOTAL ASSETS LESS CURRENT
LIABILITIES

430,045

543,307

CREDITORS
Amounts falling due after more than one
year

9

(66,392

)

(101,396

)

PROVISIONS FOR LIABILITIES (2,350 ) (2,050 )
NET ASSETS 361,303 439,861

CAPITAL AND RESERVES
Called up share capital 205 205
Retained earnings 361,098 439,656
SHAREHOLDERS' FUNDS 361,303 439,861

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

Silhouette Du Barry Limited (Registered number: 01725959)

Balance Sheet - continued
31 March 2023


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 15 February 2024 and were signed on its behalf by:





Mrs Z S Jasztal - Director


Silhouette Du Barry Limited (Registered number: 01725959)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Silhouette Du Barry Limited 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.

The company is not part of a group.

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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2000, has now been fully amortised over its useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Tangible fixed assets are initially measured at cost. After initial recognition, tangible fixed assets are measured at cost less any accumulated depreciation and any accumulated impairment losses.

Depreciation is provided at the following annual rates, in order to write off each asset over its estimated useful life:
Freehold Property - Straight line over 50 years
Plant & Machinery - 25% on reducing balance
Fixtures & Fittings - Straight line over 3 years

Included within land and buildings is freehold land of £150,000, which is not depreciated.

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

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Silhouette Du Barry Limited (Registered number: 01725959)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Significant judgements and estimates
No significant judgements or estimations have been applied in the preparation of the financial statements.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at the transaction price.

Other financial liabilities, including bank loans are also measured at transaction price since the difference
between this basis and the amortised cost basis is not material.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 20 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 6,500
AMORTISATION
At 1 April 2022
and 31 March 2023 6,500
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

Silhouette Du Barry Limited (Registered number: 01725959)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2022 526,003 69,434 595,437
Additions 10,576 5,961 16,537
Disposals - (45,054 ) (45,054 )
At 31 March 2023 536,579 30,341 566,920
DEPRECIATION
At 1 April 2022 141,078 57,133 198,211
Charge for year 7,731 3,891 11,622
Eliminated on disposal - (41,194 ) (41,194 )
At 31 March 2023 148,809 19,830 168,639
NET BOOK VALUE
At 31 March 2023 387,770 10,511 398,281
At 31 March 2022 384,925 12,301 397,226

Included in the cost of land and buildings is freehold land of £150,000 which is not depreciated.

6. FIXED ASSET INVESTMENTS

The fixed asset investment represents the company's capital in Du Barry Investments LLP, in which it is a member.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 63,557 104,022

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 33,462 26,616
Trade creditors 21,020 28,886
Taxation and social security 31,682 53,052
Other creditors 13,387 20,474
99,551 129,028

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 66,392 101,396

Silhouette Du Barry Limited (Registered number: 01725959)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

10. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 97,799 128,012

The loans are secured by a charge over the company's freehold property.

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, an amount of £3,770 (2022: £42,725) was owed to the company by its directors. This amount is included within debtors and was repaid after the year end.

Interest has been charged on the balance at the official rate of interest.