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REGISTERED NUMBER: 11775334 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Little Luxury Beauty Club Ltd

Little Luxury Beauty Club Ltd (Registered number: 11775334)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Little Luxury Beauty Club Ltd

Company Information
for the Year Ended 31 January 2024







Director: C E Evans





Registered office: 8 Thistledown Close
Rhostyllen
Wrexham
LL14 4EZ





Registered number: 11775334 (England and Wales)





Accountants: Ellis & Co
Chartered Accountants
Redwither Tower
Wrexham Industrial Estate
Wrexham
LL13 9XT

Little Luxury Beauty Club Ltd (Registered number: 11775334)

Statement of Financial Position
31 January 2024

31/1/24 31/1/23
Notes £    £    £    £   
Fixed assets
Tangible assets 4 16,123 23,930

Current assets
Stocks 2,080 1,925
Debtors 5 1,500 6,466
Cash at bank 13,192 26,374
16,772 34,765
Creditors
Amounts falling due within one year 6 5,845 14,410
Net current assets 10,927 20,355
Total assets less current liabilities 27,050 44,285

Creditors
Amounts falling due after more than
one year

7

-

(4,166

)

Provisions for liabilities (2,964 ) (4,447 )
Net assets 24,086 35,672

Capital and reserves
Called up share capital 1 1
Retained earnings 24,085 35,671
24,086 35,672

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Little Luxury Beauty Club Ltd (Registered number: 11775334)

Statement of Financial Position - continued
31 January 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 April 2024 and were signed by:





C E Evans - Director


Little Luxury Beauty Club Ltd (Registered number: 11775334)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. Statutory information

Little Luxury Beauty Club 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.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.


Little Luxury Beauty Club Ltd (Registered number: 11775334)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. Accounting policies - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over their useful lives. Obligations under such agreements are included in creditors. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Rentals payable under operating leases are charged against income on a straight line basis
over the lease term.

3. Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

4. Tangible fixed assets
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
Cost
At 1 February 2023
and 31 January 2024 31,140 7,895 39,035
Depreciation
At 1 February 2023 10,380 4,725 15,105
Charge for year 6,228 1,579 7,807
At 31 January 2024 16,608 6,304 22,912
Net book value
At 31 January 2024 14,532 1,591 16,123
At 31 January 2023 20,760 3,170 23,930

Little Luxury Beauty Club Ltd (Registered number: 11775334)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. Debtors: amounts falling due within one year
31/1/24 31/1/23
£    £   
Trade debtors - 297
Other debtors 1,500 6,169
1,500 6,466

6. Creditors: amounts falling due within one year
31/1/24 31/1/23
£    £   
Hire purchase contracts 4,124 9,116
Taxation and social security 936 4,675
Other creditors 785 619
5,845 14,410

7. Creditors: amounts falling due after more than one year
31/1/24 31/1/23
£    £   
Hire purchase contracts - 4,166

8. Secured debts

The following secured debts are included within creditors:

31/1/24 31/1/23
£    £   
Hire purchase contracts 4,124 13,282

Hire purchase contracts are secured on the underlying assets.