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REGISTERED NUMBER: 14097421 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

CHELTENHAM AESTHETICS LTD

CHELTENHAM AESTHETICS LTD (REGISTERED NUMBER: 14097421)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


CHELTENHAM AESTHETICS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: Miss S C Newell





REGISTERED OFFICE: 20b The Courtyard
Montpellier Street
Cheltenham
Gloucestershire
GL50 1SR





REGISTERED NUMBER: 14097421 (England and Wales)





ACCOUNTANTS: BK Plus Limited
6 Manor Park Business Centre
Mackenzie Way
Cheltenham
Gloucestershire
GL51 9TX

CHELTENHAM AESTHETICS LTD (REGISTERED NUMBER: 14097421)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31 MAY 2024

31.5.24 31.5.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 16,428 19,181

CURRENT ASSETS
Stocks 2,000 2,000
Debtors 1,200 1,117
Cash at bank 14,351 23,104
17,551 26,221
CREDITORS
Amounts falling due within one year (29,304 ) (41,757 )
NET CURRENT LIABILITIES (11,753 ) (15,536 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,675

3,645

PROVISIONS FOR LIABILITIES (4,107 ) (3,644 )
NET ASSETS 568 1

CAPITAL AND RESERVES
Called up share capital 5 1 1
Retained earnings 567 -
SHAREHOLDERS' FUNDS 568 1

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

CHELTENHAM AESTHETICS LTD (REGISTERED NUMBER: 14097421)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
31 MAY 2024


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

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 May 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 August 2024 and were signed by:





Miss S C Newell - Director


CHELTENHAM AESTHETICS LTD (REGISTERED NUMBER: 14097421)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

Cheltenham Aesthetics 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The director has considered the working capital needs of the company for a period of twelve months from the date of approval of these financial statements.

These financial statements have been prepared on the going concern basis, on the understanding that the director and shareholder will continue to financially support the company during this uncertain period, by not withdrawing their funding to the detriment of other unsecured creditors and by providing further working capital as required by the company in order to deliver against its latest business plan.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


CHELTENHAM AESTHETICS LTD (REGISTERED NUMBER: 14097421)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

2. ACCOUNTING POLICIES - continued
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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2023 24,099
Additions 6,906
At 31 May 2024 31,005
DEPRECIATION
At 1 June 2023 4,918
Charge for year 9,659
At 31 May 2024 14,577
NET BOOK VALUE
At 31 May 2024 16,428
At 31 May 2023 19,181

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
1 Ordinary £1 1 1

CHELTENHAM AESTHETICS LTD (REGISTERED NUMBER: 14097421)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

6. RELATED PARTY DISCLOSURES

Miss S C Newell
Director and shareholder


In a previous period, the director loaned the company £10,654. During the year, the company repaid the director £5,333. This amount is unsecured, interest-free and repayable on demand.

31.5.24 31.5.23
£    £   
Amount due to related party at the balance sheet date 5,321 10,654

Tivoli Hot Wax Limited

A company in which Miss Newell is a shareholder and director.


In a previous period, the company received payments made by Tivoli Hot Wax Limited totalling £30,822. The amount is unsecured, interest-free and repayable on demand.

31.5.24 31.5.23
£    £   
Amount due to related party at the balance sheet date 30,822 30,822