Registered number
11869130
THE LASER ROOM AESTHETICS LIMITED
Filleted Accounts
31 March 2024
THE LASER ROOM AESTHETICS LIMITED
Registered number: 11869130
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 8,293 7,626
Current assets
Stocks 950 1,100
Debtors 4 7,088 9,012
Cash at bank and in hand 4,998 5,225
13,036 15,337
Creditors: amounts falling due within one year 5 (5,007) (5,557)
Net current assets 8,029 9,780
Total assets less current liabilities 16,322 17,406
Creditors: amounts falling due after more than one year 6 (2,250) (4,050)
Net assets 14,072 13,356
Capital and reserves
Called up share capital 1 1
Profit and loss account 14,071 13,355
Shareholder's funds 14,072 13,356
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
E Hammond
Director
Approved by the board on 16 July 2024
THE LASER ROOM AESTHETICS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Equipment 15% per annum of net book value
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Equipment
£
Cost
At 1 April 2023 13,709
Additions 2,131
At 31 March 2024 15,840
Depreciation
At 1 April 2023 6,083
Charge for the year 1,464
At 31 March 2024 7,547
Net book value
At 31 March 2024 8,293
At 31 March 2023 7,626
4 Debtors 2024 2023
£ £
Other debtors 7,088 9,012
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 1,800 1,800
Accruals and deferred income 780 780
Taxation and social security costs 2,427 2,977
5,007 5,557
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 2,250 4,050
7 Events after the reporting date
There were no material post balance sheet events up to the 16th July 2024, being the date of approval of the financial statements by the board of directors.
8 Other information
THE LASER ROOM AESTHETICS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
The Orchard
9 Pools Lane, Smallwood
Sandbach
Cheshire
CW11 2XD
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