Registered number
09981657
Beauty International Austria Limited
Filleted Accounts
31 December 2023
Beauty International Austria Limited
Registered number: 09981657
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Current assets
Debtors 3 292,966 572,321
Cash at bank and in hand 176,140 169,796
469,106 742,117
Creditors: amounts falling due within one year 4 (365,746) (678,766)
Net current assets 103,360 63,351
Net assets 103,360 63,351
Capital and reserves
Called up share capital 100 100
Profit and loss account 103,260 63,251
Shareholder's funds 103,360 63,351
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 his 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.
Gina Maria Elizondro Sibaja
Director
Approved by the board on 1 September 2024
Beauty International Austria Limited
Notes to the Accounts
for the year ended 31 December 2023
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.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), 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. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 0
3 Debtors 2023 2022
£ £
Trade debtors 292,966 572,321
4 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 237,888 641,922
Taxation and social security costs 190,550 149,536
Other creditors (62,692) (112,692)
365,746 678,766
5 Other information
Beauty International Austria Limited is a private company limited by shares and incorporated in England. Its registered office is:
London(Strand) Office
7 Bell Yard
London
WC2A 2JR
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