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REGISTERED NUMBER: 05007380 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st December 2023

for

Kew Health And Beauty Limited

Kew Health And Beauty Limited (Registered number: 05007380)






Contents of the Financial Statements
for the Year Ended 31st December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

Kew Health And Beauty Limited

Company Information
for the Year Ended 31st December 2023







DIRECTORS: S R G Tate
Mrs M J Tate





SECRETARY: Mrs M J Tate





REGISTERED OFFICE: 29a Crown Street
Brentwood
Essex
CM14 4BA





REGISTERED NUMBER: 05007380 (England and Wales)





ACCOUNTANTS: Moulton Johnson Limited
Chartered Accountants
29a Crown Street
Brentwood
Essex
CM14 4BA

Kew Health And Beauty Limited (Registered number: 05007380)

Balance Sheet
31st December 2023

31.12.23 31.12.22
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 1,560 1,950

CURRENT ASSETS
Stocks 274,583 230,344
Debtors 5 1,952,428 1,599,745
Cash at bank 241,883 3,885
2,468,894 1,833,974
CREDITORS
Amounts falling due within one year 6 2,313,161 1,709,516
NET CURRENT ASSETS 155,733 124,458
TOTAL ASSETS LESS CURRENT
LIABILITIES

157,293

126,408

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 157,193 126,308
SHAREHOLDERS' FUNDS 157,293 126,408

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

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 23rd September 2024 and were signed on its behalf by:





S R G Tate - Director


Kew Health And Beauty Limited (Registered number: 05007380)

Notes to the Financial Statements
for the Year Ended 31st December 2023

1. STATUTORY INFORMATION

Kew Health And Beauty 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Kew Health And Beauty Limited (Registered number: 05007380)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1st January 2023
and 31st December 2023 1,950
DEPRECIATION
Charge for year 390
At 31st December 2023 390
NET BOOK VALUE
At 31st December 2023 1,560
At 31st December 2022 1,950

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£ £
Trade debtors 727,763 805,939
Amounts owed by group undertakings 1,210,437 778,526
Other debtors 14,228 15,280
1,952,428 1,599,745

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£ £
Trade creditors 1,082,925 960,886
Taxation and social security 9,619 4,940
Other creditors 1,220,617 743,690
2,313,161 1,709,516

7. RELATED PARTY DISCLOSURES

During the year, Wallace Manufacturing Chemists Ltd, a company under common control, continued to advance an interest-free loan to the company. The balance due to Wallace Manufacturing Chemists Ltd at the year-end amounted to £1,214,255 (2022: £732,010).

Also during the year, Wallace Manufacturing Chemists Ltd, recharged overheads to the company amounting to £421,463 (2022: £206,362).

During the year, the company recharged management fees to Kew Health and Beauty (UK) Limited, a company under common control, amounting to £Nil, (2022: £20,000). The balance due to Kew Health and Beauty (UK) Ltd at the year end amounted to £4,068 (2022: £9,678).

At the year-end, the amount due to the company from its parent, Kew Health And Beauty (Holdings) Limited, amounted to £1,210,437 (2022: £778,526).

Kew Health And Beauty Limited (Registered number: 05007380)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2023

8. ULTIMATE CONTROLLING PARTY

The company's ultimate parent undertaking is Kew Health And Beauty (Holdings) Limited, a company registered in England and Wales.

Kew Health And Beauty (Holdings) Limited is controlled by S Tate who is a director of Kew Health And Beauty Limited.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Kew Health And Beauty Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kew Health And Beauty Limited for the year ended 31st December 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Kew Health And Beauty Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Kew Health And Beauty Limited and state those matters that we have agreed to state to the Board of Directors of Kew Health And Beauty Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kew Health And Beauty Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Kew Health And Beauty Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Kew Health And Beauty Limited. You consider that Kew Health And Beauty Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Kew Health And Beauty Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Moulton Johnson Limited
Chartered Accountants
29a Crown Street
Brentwood
Essex
CM14 4BA


23rd September 2024