Company Registration No. 06701703 (England and Wales)
Relax Massage UK Ltd
Unaudited accounts
for the year ended 31 December 2023
Relax Massage UK Ltd
Unaudited accounts
Contents
Relax Massage UK Ltd
Company Information
for the year ended 31 December 2023
Directors
Nicolas Jean-Claude BATLLE
Isabelle Danielle Denise BLEVIN
Company Number
06701703 (England and Wales)
Registered Office
4 PRINCES STREET
MAYFAIR
LONDON
W1B 2LE
ENGLAND
Relax Massage UK Ltd
Statement of financial position
as at 31 December 2023
Intangible assets
570,108
398,352
Tangible assets
31,406
298
Cash at bank and in hand
3,337
593
Creditors: amounts falling due within one year
(704,847)
(490,054)
Net current liabilities
(523,884)
(261,007)
Total assets less current liabilities
151,290
145,099
Creditors: amounts falling due after more than one year
(97,485)
(96,796)
Called up share capital
30,000
30,000
Profit and loss account
23,805
18,303
Shareholders' funds
53,805
48,303
For the year ending 31 December 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 4 July 2024 and were signed on its behalf by
Nicolas Jean-Claude BATLLE
Director
Company Registration No. 06701703
Relax Massage UK Ltd
Notes to the Accounts
for the year ended 31 December 2023
Relax Massage UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 06701703. The registered office is 4 PRINCES STREET, MAYFAIR, LONDON, W1B 2LE, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling ( pound sterling)
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:
Plant & machinery
25% straight line
Computer equipment
25% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Other
Total
At 1 January 2023
43,837
526,146
569,983
Additions
-
320,104
320,104
At 31 December 2023
43,837
846,250
890,087
At 1 January 2023
29,224
142,407
171,631
Charge for the year
7,307
141,041
148,348
At 31 December 2023
36,531
283,448
319,979
At 31 December 2023
7,306
562,802
570,108
At 31 December 2022
14,613
383,739
398,352
The intangible fixed assets and goodwill have been amortised over 6 years, likewise the previous years.
Relax Massage UK Ltd
Notes to the Accounts
for the year ended 31 December 2023
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
-
1,999
1,999
At 31 December 2023
33,500
2,000
35,500
At 1 January 2023
-
1,701
1,701
Charge for the year
2,094
299
2,393
At 31 December 2023
2,094
2,000
4,094
At 31 December 2023
31,406
-
31,406
At 31 December 2022
-
298
298
6
Investments
Subsidiary undertakings
Other investments
Total
Valuation at 1 January 2023
834
6,622
7,456
Valuation at 31 December 2023
834
72,826
73,660
The percentage of share holding is 20% in Click & Corp Ltd, a UK registered company and 100% in Everwell France, a French subsidary company.
Amounts falling due within one year
Trade debtors
156,558
149,514
Amounts due from group undertakings etc.
6,042
43,890
Accrued income and prepayments
71
2,524
Other debtors
14,321
11,764
Relax Massage UK Ltd
Notes to the Accounts
for the year ended 31 December 2023
8
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
24,735
9,600
Trade creditors
520,490
346,442
Other creditors
5,537
5,562
Loans from directors
128,535
108,275
Included in creditors is a loan of £27,283 (2022 : £1,193) and £101,253 (2022 : £107,083) owed to Nicola and Isabelle, repayable on demand.
9
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
17,893
12,000
Other creditors
47,309
42,389
10
Transactions with related parties
Included in amount owed by group undertakings is £23,666 (2022 : £23,666) due from Everwell France, a subsidiary of the company. This loan is interest free and is repayable on demand. Everwell France provided consultancy services of £39,992 to the company.
Included in amount owed by participating interest Click & Corp Ltd is £18,078 (2022: £20,802), an interest free loan repayable on demand.
The ultimate controlling party is Mr Nicolas Jean-Claude Batlle, a French national.
12
Average number of employees
During the year the average number of employees was 2 (2022: 2).