IRIS Accounts Production v24.1.4.33 13339917 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh133399172022-12-31133399172023-12-31133399172023-01-012023-12-31133399172021-12-31133399172022-01-012022-12-31133399172022-12-3113339917ns15:EnglandWales2023-01-012023-12-3113339917ns14:PoundSterling2023-01-012023-12-3113339917ns10:Director12023-01-012023-12-3113339917ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3113339917ns10:SmallEntities2023-01-012023-12-3113339917ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3113339917ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3113339917ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3113339917ns10:FullAccounts2023-01-012023-12-3113339917ns10:Director22023-01-012023-12-3113339917ns10:CompanySecretary12023-01-012023-12-3113339917ns10:RegisteredOffice2023-01-012023-12-3113339917ns5:CurrentFinancialInstruments2023-12-3113339917ns5:CurrentFinancialInstruments2022-12-3113339917ns5:ShareCapital2023-12-3113339917ns5:ShareCapital2022-12-3113339917ns5:RetainedEarningsAccumulatedLosses2023-12-3113339917ns5:RetainedEarningsAccumulatedLosses2022-12-3113339917ns5:PlantMachinery2023-01-012023-12-3113339917ns5:PlantMachinery2022-12-3113339917ns5:PlantMachinery2023-12-3113339917ns5:PlantMachinery2022-12-3113339917ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3113339917ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: 13339917 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Gatineau Skincare Ltd

Gatineau Skincare Ltd (Registered number: 13339917)






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




Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


Gatineau Skincare Ltd

Company Information
for the Year Ended 31 December 2023







Directors: A J Bagley
B C Tubb





Secretary: B C Tubb





Registered office: 57 Victoria Street
Windsor
SL4 1EH





Registered number: 13339917 (England and Wales)





Accountants: Freeman Carr
Chartered Certified Accountants
The Gatehouse
2 Devonhurst Place
Heathfield Terrace
Chiswick
London
W4 4JD

Gatineau Skincare Ltd (Registered number: 13339917)

Balance Sheet
31 December 2023

2023 2022
Notes £ £ £ £
Fixed assets
Tangible assets 4 791 1,291

Current assets
Stocks 850,509 1,183,286
Debtors 5 1,517,460 744,277
Cash at bank 371,711 13,940
2,739,680 1,941,503
Creditors
Amounts falling due within one year 6 2,336,564 1,721,224
Net current assets 403,116 220,279
Total assets less current liabilities 403,907 221,570

Provisions for liabilities - 323
Net assets 403,907 221,247

Capital and reserves
Called up share capital 100 100
Retained earnings 403,807 221,147
403,907 221,247

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2024 and were signed on its behalf by:





A J Bagley - Director


Gatineau Skincare Ltd (Registered number: 13339917)

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

1. Statutory information

Gatineau Skincare 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 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 etc - 25% 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.

Financial instruments
The company only enters into basic financial transactions that result in the recognition of financial assets and liabilities like cash and bank balances, trade and other debtors and creditors, loans from banks and other third parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. Employees and directors

The average number of employees during the year was 6 (2022 - 6 ) .

Gatineau Skincare Ltd (Registered number: 13339917)

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

4. Tangible fixed assets
Plant and
machinery
etc
£
Cost
At 1 January 2023
and 31 December 2023 1,999
Depreciation
At 1 January 2023 708
Charge for year 500
At 31 December 2023 1,208
Net book value
At 31 December 2023 791
At 31 December 2022 1,291

5. Debtors: amounts falling due within one year
2023 2022
£ £
Trade debtors 1,354,406 660,443
Amounts owed by group undertakings 132,702 71,974
Other debtors 30,352 11,860
1,517,460 744,277

6. Creditors: amounts falling due within one year
2023 2022
£ £
Bank loans and overdrafts - 1,979
Trade creditors 1,497,701 1,117,774
Amounts owed to group undertakings 674,400 402,005
Taxation and social security 128,102 164,427
Other creditors 36,361 35,039
2,336,564 1,721,224

7. Related party disclosures

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

8. Ultimate controlling party

The controlling party is Lived Holdings Ltd.

The ultimate controlling party is A J Bagley.