THE BEAUTY BAR BIRMINGHAM LTD |
Registered Number:14142985 |
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2024
THE BEAUTY BAR BIRMINGHAM LTD
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
THE BEAUTY BAR BIRMINGHAM LTD
Statement of Financial Position
2023
2024
9,450
10,500
2
Property, plant and equipment |
2,104
2,475
3
11,554
12,975
3,500
2,000
4
Trade and other receivables |
-
3,032
5
7,192
Cash and cash equivalents |
4,421
9,453
10,692
Trade and other payables: amounts falling due within one |
year |
(22,800)
(19,917)
6
(12,108)
(10,464)
Net current liabilities
Total assets less current liabilities |
1,090
867
(400)
(470)
Provisions for liabilities |
690
Net assets
397
1
1
689
396
690
397
Shareholders' funds
For the year ended 31 May 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Lauren Ann Pritchard Director |
These financial statements were approved and authorised for issue by the Board on 23 September 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 May 2024
THE BEAUTY BAR BIRMINGHAM LTD
Notes to the Financial Statements
Statutory Information
THE BEAUTY BAR BIRMINGHAM LTD is a private limited company, limited by shares, domiciled in England and |
Wales, registration number 14142985. |
Principal place of business: |
150 Beacon Road
Great Barr
Birmingham
B43 7BN
c/o KLM Associates
Jaguar House
Cecil Street
Birmingham
B19 3ST
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Goodwill
Goodwill, being the amount vlaued on incorporation of a connected business in 2022 , is being amortised evenly over its estimated useful life of 10 years but on amortisation is provided in the year of acquisition. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Furniture and Fittings
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
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For the year ended 31 May 2024
THE BEAUTY BAR BIRMINGHAM LTD
Notes to the Financial Statements Continued
2. Intangible fixed assets |
Goodwill
10,500
10,500
1,050
Charge for year
1,050
9,450
10,500
3. Property, plant and equipment |
2,912
2,912
Provision for depreciation and impairment |
437
Charge for year
371
808
2,104
2,475
2023
2024
2,000
3,500
5. Trade and other receivables |
2023
2024
3,032
-
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For the year ended 31 May 2024
THE BEAUTY BAR BIRMINGHAM LTD
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due within one year |
2023
2024
Taxation and social security |
2,379
5,357
Accruals and deferred income |
294
245
17,244
17,198
19,917
22,800
7. Related party transactions |
The ultimate controlling party during the year was Lauren Ann Pritchard , director , whom controls the company by |
virtue of owning 100% of the share capital. |
8. Average number of persons employed |
During the year the average number of employees was 3 (2023 : 3)
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