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Company Registration No. 09666470 (England and Wales)
Coastal Skinthetics Limited Unaudited accounts for the year ended 31 July 2024
Coastal Skinthetics Limited Unaudited accounts Contents
Page
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Coastal Skinthetics Limited Company Information for the year ended 31 July 2024
Director
Alison Tracy CULLEN
Company Number
09666470 (England and Wales)
Registered Office
c/o EP Tax Unit 2D Castledown Business Park Ludgershall , Andover Wiltshire SP11 9FA UK
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Coastal Skinthetics Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
20,894 
25,073 
Tangible assets
16,101 
18,397 
36,995 
43,470 
Current assets
Inventories
15,095 
14,329 
Cash at bank and in hand
37,831 
22,864 
52,926 
37,193 
Creditors: amounts falling due within one year
(32,927)
(17,025)
Net current assets
19,999 
20,168 
Total assets less current liabilities
56,994 
63,638 
Creditors: amounts falling due after more than one year
(18,075)
(26,134)
Net assets
38,919 
37,504 
Capital and reserves
Called up share capital
4 
4 
Share premium
37,500 
37,500 
Profit and loss account
1,415 
- 
Shareholders' funds
38,919 
37,504 
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 September 2024 and were signed on its behalf by
Alison Tracy CULLEN Director Company Registration No. 09666470
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Coastal Skinthetics Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Coastal Skinthetics Limited is a private company, limited by shares, registered in England and Wales, registration number 09666470. The registered office is c/o EP Tax, Unit 2D Castledown Business Park, Ludgershall , Andover, Wiltshire, SP11 9FA, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 August 2023
41,788 
At 31 July 2024
41,788 
Amortisation
At 1 August 2023
16,715 
Charge for the year
4,179 
At 31 July 2024
20,894 
Net book value
At 31 July 2024
20,894 
At 31 July 2023
25,073 
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Coastal Skinthetics Limited Notes to the Accounts for the year ended 31 July 2024
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
21,488 
3,700 
25,188 
Additions
- 
400 
400 
At 31 July 2024
21,488 
4,100 
25,588 
Depreciation
At 1 August 2023
2,432 
4,359 
6,791 
Charge for the year
3,443 
- 
3,443 
On disposals
- 
(747)
(747)
At 31 July 2024
5,875 
3,612 
9,487 
Net book value
At 31 July 2024
15,613 
488 
16,101 
At 31 July 2023
19,056 
(659)
18,397 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,552 
- 
Taxes and social security
9,604 
804 
Loans from directors
9,921 
8,729 
Accruals
1,492 
1,492 
Deferred income
5,358 
6,000 
32,927 
17,025 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
18,075 
26,134 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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