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Company Registration No. 09666470 (England and Wales)
Coastal Skinthetics Limited Unaudited accounts for the year ended 31 July 2023
Coastal Skinthetics Limited Unaudited accounts Contents
Page
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Coastal Skinthetics Limited Company Information for the year ended 31 July 2023
Director
Alison Tracy CULLEN
Company Number
09666470 (England and Wales)
Registered Office
c/o EP Tax Unit 2D Castledown Business Park Ludgershall , Andover Wiltshire SP11 9FA UK
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Coastal Skinthetics Limited Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
25,073 
29,251 
Tangible assets
18,397 
12,096 
43,470 
41,347 
Current assets
Inventories
14,329 
25,726 
Cash at bank and in hand
22,864 
91,571 
37,193 
117,297 
Creditors: amounts falling due within one year
(28,296)
(74,486)
Net current assets
8,897 
42,811 
Total assets less current liabilities
52,367 
84,158 
Creditors: amounts falling due after more than one year
(26,134)
(34,396)
Net assets
26,233 
49,762 
Capital and reserves
Called up share capital
4 
4 
Share premium
37,500 
37,500 
Profit and loss account
(11,271)
12,258 
Shareholders' funds
26,233 
49,762 
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 director acknowledges her 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 and authorised for issue on 25 January 2024 and were signed on its behalf by
Alison Tracy CULLEN Director Company Registration No. 09666470
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Coastal Skinthetics Limited Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Coastal Skinthetics Limited is a private company, limited by shares, registered in England and Wales, registration number 09666470. The registered office is c/o EP Tax, Unit 2D Castledown Business Park, Ludgershall , Andover, Wiltshire, SP11 9FA, UK.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 August 2022
41,788 
At 31 July 2023
41,788 
Amortisation
At 1 August 2022
12,537 
Charge for the year
4,178 
At 31 July 2023
16,715 
Net book value
At 31 July 2023
25,073 
At 31 July 2022
29,251 
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Coastal Skinthetics Limited Notes to the Accounts for the year ended 31 July 2023
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2022
33,681 
4,067 
37,748 
Additions
11,699 
- 
11,699 
Disposals
(23,892)
(367)
(24,259)
At 31 July 2023
21,488 
3,700 
25,188 
Depreciation
At 1 August 2022
21,376 
4,276 
25,652 
Charge for the year
1,811 
450 
2,261 
On disposals
(20,755)
(367)
(21,122)
At 31 July 2023
2,432 
4,359 
6,791 
Net book value
At 31 July 2023
19,056 
(659)
18,397 
At 31 July 2022
12,305 
(209)
12,096 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
804 
10,665 
Other creditors
- 
6,617 
Loans from directors
20,000 
50,089 
Accruals
1,492 
1,492 
Deferred income
6,000 
5,623 
28,296 
74,486 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
26,134 
34,396 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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