Company Registration No. 4238806 (England and Wales)
SKIN GRAPHICS LIMITED
Unaudited accounts
for the year ended 31 March 2024
SKIN GRAPHICS LIMITED
Unaudited accounts
Contents
SKIN GRAPHICS LIMITED
Company Information
for the year ended 31 March 2024
Directors
Mr S Smith
Mrs D Smith
Company Number
4238806 (England and Wales)
Registered Office
6 SUFFOLK ROAD
LOWESTOFT
NR32 1DZ
Accountants
P Lacey & Associates Ltd
Office 17
2 Regent House
Lowestoft
NR32 1PA
SKIN GRAPHICS LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
4,748
5,584
Cash at bank and in hand
5,591
8,163
Creditors: amounts falling due within one year
(2,086)
(6,470)
Net current assets
4,005
2,193
Total assets less current liabilities
8,753
7,777
Creditors: amounts falling due after more than one year
(1,918)
-
Called up share capital
10,000
10,000
Profit and loss account
(3,165)
(2,223)
Shareholders' funds
6,835
7,777
For the year ending 31 March 2024 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 14 August 2024 and were signed on its behalf by
Mr S Smith
Director
Company Registration No. 4238806
SKIN GRAPHICS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
SKIN GRAPHICS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 4238806. The registered office is 6 SUFFOLK ROAD, LOWESTOFT, NR32 1DZ.
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.
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:
Plant & machinery
15% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
15% reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
28,966
3,062
2,250
34,278
At 31 March 2024
28,966
3,062
2,250
34,278
At 1 April 2023
24,896
2,445
1,353
28,694
Charge for the year
610
92
134
836
At 31 March 2024
25,506
2,537
1,487
29,530
At 31 March 2024
3,460
525
763
4,748
At 31 March 2023
4,070
617
897
5,584
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
4,455
Taxes and social security
2,086
1,285
SKIN GRAPHICS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
10,000 Ordinary shares of £1 each
10,000
10,000
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Average number of employees
During the year the average number of employees was 2 (2023: 2).