IRIS Accounts Production v24.2.0.383 04704567 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh047045672023-03-31047045672024-03-31047045672023-04-012024-03-31047045672022-03-31047045672022-04-012023-03-31047045672023-03-3104704567ns15:EnglandWales2023-04-012024-03-3104704567ns14:PoundSterling2023-04-012024-03-3104704567ns10:Director12023-04-012024-03-3104704567ns10:Director22023-04-012024-03-3104704567ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3104704567ns10:SmallEntities2023-04-012024-03-3104704567ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3104704567ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3104704567ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3104704567ns10:AbridgedAccounts2023-04-012024-03-310470456712023-04-012024-03-3104704567ns10:CompanySecretary12023-04-012024-03-3104704567ns10:RegisteredOffice2023-04-012024-03-3104704567ns5:CurrentFinancialInstruments2024-03-3104704567ns5:CurrentFinancialInstruments2023-03-3104704567ns5:ShareCapital2024-03-3104704567ns5:ShareCapital2023-03-3104704567ns5:RetainedEarningsAccumulatedLosses2024-03-3104704567ns5:RetainedEarningsAccumulatedLosses2023-03-3104704567ns5:NetGoodwill2023-04-012024-03-3104704567ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3104704567ns5:LeaseholdImprovements2023-04-012024-03-3104704567ns5:PlantMachinery2023-04-012024-03-3104704567ns5:FurnitureFittings2023-04-012024-03-3104704567ns5:ComputerEquipment2023-04-012024-03-31
REGISTERED NUMBER: 04704567 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

THE BEAUTY CLINIC LIMITED

THE BEAUTY CLINIC LIMITED (REGISTERED NUMBER: 04704567)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


THE BEAUTY CLINIC LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mrs V Stott
A Stott





SECRETARY: Mr. A Stott





REGISTERED OFFICE: 98 Mythop Road
Lytham
Lytham St. Annes
Lancashire
FY8 4HQ





REGISTERED NUMBER: 04704567 (England and Wales)





ACCOUNTANTS: Wyatt Morris Golland Ltd
Park House
200 Drake Street
Rochdale
Lancashire
OL16 1PJ

THE BEAUTY CLINIC LIMITED (REGISTERED NUMBER: 04704567)

ABRIDGED BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 952
- 952

CURRENT ASSETS
Stocks - 4,243
Debtors 2,157 7,355
Cash at bank and in hand 1,096 611
3,253 12,209
CREDITORS
Amounts falling due within one year 11,761 12,307
NET CURRENT LIABILITIES (8,508 ) (98 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(8,508

)

854

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (8,510 ) 852
SHAREHOLDERS' FUNDS (8,508 ) 854

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

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

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 March 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 Board of Directors and authorised for issue on 8 May 2024 and were signed on its behalf by:




Mrs V Stott - Director



A Stott - Director


THE BEAUTY CLINIC LIMITED (REGISTERED NUMBER: 04704567)

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

1. STATUTORY INFORMATION

The Beauty Clinic Limited 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 represents net invoiced sales of goods and services rendered, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, has now been fully amortised over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - Straight line over length of lease
Plant and machinery - at varying rates on cost
Fixtures and fittings - at varying rates on cost
Office equipment - 20% 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 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.

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 - 2 ) .

THE BEAUTY CLINIC LIMITED (REGISTERED NUMBER: 04704567)

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

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 18,722
Disposals (18,722 )
At 31 March 2024 -
AMORTISATION
At 1 April 2023 18,722
Eliminated on disposal (18,722 )
At 31 March 2024 -
NET BOOK VALUE

At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 11,671
Additions 59
Disposals (11,730 )
At 31 March 2024 -
DEPRECIATION
At 1 April 2023 10,719
Charge for year 219
Eliminated on disposal (10,938 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 952

6. ULTIMATE CONTROLLING PARTY

The director, Mrs V Stott controlled the company by virtue of a controlling interest of 100% of the issued ordinary share capital.