Company Registration No. 09173174 (England and Wales)
City Massage & Well-Being Ltd
Unaudited accounts
for the year ended 31 August 2023
City Massage & Well-Being Ltd
Unaudited accounts
Contents
City Massage & Well-Being Ltd
Company Information
for the year ended 31 August 2023
Directors
John Voyo
Timothy Hammett
Company Number
09173174 (England and Wales)
Registered Office
12 Lentmead Road
Bromley
BR1 5HL
England
Accountants
Anumerate Limited
Office 2.05, Clockwise
Old Town Hall
30 Tweedy Road
Bromley
BR13FE
City Massage & Well-Being Ltd
Statement of financial position
as at 31 August 2023
Cash at bank and in hand
117
-
Creditors: amounts falling due within one year
(61,748)
(43,135)
Net current liabilities
(59,866)
(41,525)
Net liabilities
(59,866)
(41,312)
Called up share capital
10
10
Profit and loss account
(59,876)
(41,322)
Shareholders' funds
(59,866)
(41,312)
For the year ending 31 August 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 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 of Directors and authorised for issue on 28 November 2023 and were signed on its behalf by
John Voyo
Director
Company Registration No. 09173174
City Massage & Well-Being Ltd
Notes to the Accounts
for the year ended 31 August 2023
City Massage & Well-Being Ltd is a private company, limited by shares, registered in England and Wales, registration number 09173174. The registered office is 12 Lentmead Road, Bromley, BR1 5HL, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Computer equipment
25% on a straight-line basis
The company was a going concern in this year but will be made dormant for the 2024 financial year, all liabilities will be met by the Director.
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date
to the total estimated contract costs.
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
City Massage & Well-Being Ltd
Notes to the Accounts
for the year ended 31 August 2023
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
2,370
2,465
Loans from directors
58,907
40,514
Amounts owed to the Director are unsecured, interest-free and with no fixed terms of repayment.
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
8
Transactions with related parties
During the year the Director advanced cash to the Company to facilitate its operations. Amounts owed to the Director are set out in note 7 above.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).