Caseware UK (AP4) 2023.0.135 2023.0.135 2023-09-302023-09-301No description of principal activity2022-10-01false1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07441274 2022-10-01 2023-09-30 07441274 2021-10-01 2022-09-30 07441274 2023-09-30 07441274 2022-09-30 07441274 c:Director1 2022-10-01 2023-09-30 07441274 d:CurrentFinancialInstruments 2023-09-30 07441274 d:CurrentFinancialInstruments 2022-09-30 07441274 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 07441274 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 07441274 d:ShareCapital 2023-09-30 07441274 d:ShareCapital 2022-09-30 07441274 d:RetainedEarningsAccumulatedLosses 2023-09-30 07441274 d:RetainedEarningsAccumulatedLosses 2022-09-30 07441274 c:OrdinaryShareClass1 2022-10-01 2023-09-30 07441274 c:OrdinaryShareClass1 2023-09-30 07441274 c:FRS102 2022-10-01 2023-09-30 07441274 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 07441274 c:FullAccounts 2022-10-01 2023-09-30 07441274 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 07441274 2 2022-10-01 2023-09-30 07441274 e:PoundSterling 2022-10-01 2023-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07441274









EF SKINCARE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

 
EF SKINCARE LIMITED
REGISTERED NUMBER: 07441274

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Stocks
  
94,696
82,980

Debtors: amounts falling due within one year
 4 
5,887
8,355

Cash at bank and in hand
  
48,126
49,144

  
148,709
140,479

Creditors: amounts falling due within one year
 5 
(57,623)
(111,686)

Net current assets
  
 
 
91,086
 
 
28,793

Total assets less current liabilities
  
91,086
28,793

  

Net assets
  
91,086
28,793


Capital and reserves
  

Called up share capital 
 6 
4
4

Profit and loss account
  
91,082
28,789

  
91,086
28,793

Page 1

 
EF SKINCARE LIMITED
REGISTERED NUMBER: 07441274
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2023

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 August 2024.




E Fieldgrass
Director

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
EF SKINCARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


General information

EF Skincare Limited is a private company limited by shares registered in England and Wales. The company's registered office is 103 Hammersmith Road, London, W14 0QH.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
EF SKINCARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

  
2.5

Debtors

Short term debtors are measured at transaction price, less any impairment

  
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

  
2.8

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
975
4,769

Other debtors
738
954

Prepayments and accrued income
4,174
2,632

5,887
8,355


Page 4

 
EF SKINCARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
30,823
21,431

Amounts owed to group undertakings
22,280
84,272

Other taxation and social security
2,340
-

Other creditors
180
1,983

Accruals and deferred income
2,000
4,000

57,623
111,686


Page 5

 
EF SKINCARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



4 Ordinary shares of £1.00 each
4
4



7.


Related party transactions

As permitted by FRS 102 paragraphs 1.12e and 33.1a, the company has taken advantage of the exemption from disclosing the transactions entered into between two or more members of a group as all subsidary undertakings are wholly-owned by a member of that group.

 
Page 6