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REGISTERED NUMBER: 10884840 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Aesthetics by Forever Young Limited

Aesthetics by Forever Young Limited (Registered number: 10884840)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Aesthetics by Forever Young Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: Miss L M Livsey





REGISTERED OFFICE: 13 Whitelees Road
Littleborough
Lancashire
OL15 8DR





REGISTERED NUMBER: 10884840 (England and Wales)





ACCOUNTANTS: Versatile Accountancy Services Ltd
The Old Printworks
65 Church Street
Littleborough
Lancashire
OL15 8AB

Aesthetics by Forever Young Limited (Registered number: 10884840)

Statement of Financial Position
31 July 2023

31.7.23 31.7.22
Notes £    £   
CURRENT ASSETS
Debtors 4 2,755 -
Cash at bank 20,663 35,066
23,418 35,066
CREDITORS
Amounts falling due within one year 5 598 744
NET CURRENT ASSETS 22,820 34,322
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,820

34,322

CREDITORS
Amounts falling due after more than
one year

6

30,771

40,497
NET LIABILITIES (7,951 ) (6,175 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 7 (7,952 ) (6,176 )
SHAREHOLDERS' FUNDS (7,951 ) (6,175 )

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

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

Aesthetics by Forever Young Limited (Registered number: 10884840)

Statement of Financial Position - continued
31 July 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 director and authorised for issue on 22 April 2024 and were signed by:





Miss L M Livsey - Director


Aesthetics by Forever Young Limited (Registered number: 10884840)

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

1. STATUTORY INFORMATION

Aesthetics by Forever Young 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.

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.

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 statement of financial position date.

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.

3. EMPLOYEES AND DIRECTORS

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

Aesthetics by Forever Young Limited (Registered number: 10884840)

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.7.23 31.7.22
£    £   
Directors' loan accounts 2,755 -

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.7.23 31.7.22
£    £   
Trade creditors (1 ) (1 )
Directors' loan accounts - 146
Accruals and deferred income 599 599
598 744

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans - 1-2 years 30,771 40,497

7. RESERVES
Retained
earnings
£   

At 1 August 2022 (6,176 )
Deficit for the year (1,776 )
At 31 July 2023 (7,952 )