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REGISTERED NUMBER: 06412599 (England and Wales)















LYNTON AESTHETIC SERVICES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






LYNTON AESTHETIC SERVICES LIMITED (REGISTERED NUMBER: 06412599)

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


LYNTON AESTHETIC SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: J A Exley PhD
D O'Donnell
Dr A Charlton D.Phil
A J Berry PhD





SECRETARY: A J Berry PhD





REGISTERED OFFICE: Lynton House
Manor Lane
Holmes Chapel
Cheshire
CW4 8AF





REGISTERED NUMBER: 06412599 (England and Wales)





AUDITORS: Clarke Nicklin LLP
Chartered Accountants and
Statutory Auditors
Clarke Nicklin House
Brooks Drive
Cheadle Royal Business Park
Cheadle
Cheshire
SK8 3TD

LYNTON AESTHETIC SERVICES LIMITED (REGISTERED NUMBER: 06412599)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,143,271 923,659

CURRENT ASSETS
Debtors 5 269,031 272,192
Cash at bank 364,238 339,451
633,269 611,643
CREDITORS
Amounts falling due within one year 6 1,037,288 822,810
NET CURRENT LIABILITIES (404,019 ) (211,167 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

739,252

712,492

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 739,152 712,392
SHAREHOLDERS' FUNDS 739,252 712,492

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 September 2024 and were signed on its behalf by:





J A Exley PhD - Director


LYNTON AESTHETIC SERVICES LIMITED (REGISTERED NUMBER: 06412599)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Lynton Aesthetic Services 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.

The financial statements are presented in Sterling (£).

Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors have reached this conclusion giving due consideration to the projected future performance of the company and any potential risk that might impact the company's ability to meet its required solvency levels. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

Significant judgements and estimates
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if revision only affects that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The following judgements have had the most significant effect on amounts recognised in the financial statements;
Depreciation - The useful life of fixed assets can vary significantly. Estimates are based on historic experience and current expectations of useful life. The size of prior year gains and losses on disposal are also factored in to estimates.
Bad debts - The directors regularly review debts and provide for those which are doubtful.

Turnover
Turnover represents net invoices sales of goods, services and rentals under operating leases, excluding value added tax.

Sales are recognised on the date of despatch to the customer.

Service income is recognised on a straight line basis over the term of the contract.

Rental income is recognised on a straight line basis over the term of the lease.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Laser equipment - 20% on cost
Other equipment - 20% on cost


LYNTON AESTHETIC SERVICES LIMITED (REGISTERED NUMBER: 06412599)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Laser equipment
The company has capitalised laser equipment that has been purchased from a group company. The laser systems capitalised are rented out under operating leases.

Rental Income from operating leases is recognised on a straight-line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

LYNTON AESTHETIC SERVICES LIMITED (REGISTERED NUMBER: 06412599)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Laser Other
equipment equipment Totals
£    £    £   
COST
At 1 January 2023 2,283,455 10,145 2,293,600
Additions 800,616 - 800,616
Disposals (464,620 ) - (464,620 )
At 31 December 2023 2,619,451 10,145 2,629,596
DEPRECIATION
At 1 January 2023 1,359,796 10,145 1,369,941
Charge for year 304,400 - 304,400
Eliminated on disposal (188,016 ) - (188,016 )
At 31 December 2023 1,476,180 10,145 1,486,325
NET BOOK VALUE
At 31 December 2023 1,143,271 - 1,143,271
At 31 December 2022 923,659 - 923,659

The gross amount of assets held for use in operating leases is £2,619,451 (2022: £2,283,455) and the related accumulated depreciation charges are £1,476,180 (2022: £1,340,454).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 19
Amounts owed by group undertakings 193,856 193,856
Deferred tax asset
Decelerated capital allowances 75,175 78,317
269,031 272,192

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 1,030,152 785,500
Corporation tax 4,736 8,235
Other creditors - 26,675
Accruals and deferred income 2,400 2,400
1,037,288 822,810

LYNTON AESTHETIC SERVICES LIMITED (REGISTERED NUMBER: 06412599)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Graham Travis FCA (Senior Statutory Auditor)
for and on behalf of Clarke Nicklin LLP