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REGISTERED NUMBER: 05855026 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 October 2023

for

Face & Body Medi-cosmetic Centre Ltd

Face & Body Medi-cosmetic Centre Ltd (Registered number: 05855026)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Face & Body Medi-cosmetic Centre Ltd

Company Information
for the Year Ended 31 October 2023







DIRECTORS: T Sethi
Mrs S K Sethi





REGISTERED OFFICE: 457a Burton Road
Littleover
Derby
DE23 6FQ





REGISTERED NUMBER: 05855026 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

Face & Body Medi-cosmetic Centre Ltd (Registered number: 05855026)

Balance Sheet
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 46,712 50,275

CURRENT ASSETS
Stocks 300 400
Debtors 5 6,123 24,334
Cash at bank and in hand 42,025 17,220
48,448 41,954
CREDITORS
Amounts falling due within one year 6 9,818 9,579
NET CURRENT ASSETS 38,630 32,375
TOTAL ASSETS LESS CURRENT
LIABILITIES

85,342

82,650

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 85,142 82,450
SHAREHOLDERS' FUNDS 85,342 82,650

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

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

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by:





T Sethi - Director


Face & Body Medi-cosmetic Centre Ltd (Registered number: 05855026)

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

1. STATUTORY INFORMATION

Face & Body Medi-cosmetic Centre 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 represents the value of services and is recognised in the period to which the service relates.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 15% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Stock is recorded on a first in first out basis.

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.

Grants
Revenue grants are recognised in the profit and loss account so as to match them with the expenditure which they are intended to contribute towards. Capital grants are recognised systematically in the profit and loss account over the useful economic life of the asset to which the grant relates.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

Face & Body Medi-cosmetic Centre Ltd (Registered number: 05855026)

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

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1 November 2022 7,530 137,442 867 145,839
Additions - 3,840 550 4,390
At 31 October 2023 7,530 141,282 1,417 150,229
DEPRECIATION
At 1 November 2022 3,770 91,099 695 95,564
Charge for year 754 7,097 102 7,953
At 31 October 2023 4,524 98,196 797 103,517
NET BOOK VALUE
At 31 October 2023 3,006 43,086 620 46,712
At 31 October 2022 3,760 46,343 172 50,275

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 4,899 -
Directors' current accounts - 17,232
Prepayments 1,224 7,102
6,123 24,334

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 3,342 2,101
Social security and other taxes - 166
Other creditors 4,381 4,392
Directors' current accounts 79 -
Accrued expenses 2,016 2,920
9,818 9,579