Silverfin false false 31/03/2024 01/04/2023 31/03/2024 Mr S W Bruhns 29/03/2022 Mrs S J O'Brien 08/08/2007 23 September 2024 The principal activity of the Company during the financial year was that of the provision of physical well-being activities. 06337622 2024-03-31 06337622 bus:Director1 2024-03-31 06337622 bus:Director2 2024-03-31 06337622 2023-03-31 06337622 core:CurrentFinancialInstruments 2024-03-31 06337622 core:CurrentFinancialInstruments 2023-03-31 06337622 core:ShareCapital 2024-03-31 06337622 core:ShareCapital 2023-03-31 06337622 core:RetainedEarningsAccumulatedLosses 2024-03-31 06337622 core:RetainedEarningsAccumulatedLosses 2023-03-31 06337622 core:OtherPropertyPlantEquipment 2023-03-31 06337622 core:OtherPropertyPlantEquipment 2024-03-31 06337622 bus:OrdinaryShareClass1 2024-03-31 06337622 2023-04-01 2024-03-31 06337622 bus:FilletedAccounts 2023-04-01 2024-03-31 06337622 bus:SmallEntities 2023-04-01 2024-03-31 06337622 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 06337622 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06337622 bus:Director1 2023-04-01 2024-03-31 06337622 bus:Director2 2023-04-01 2024-03-31 06337622 core:OtherPropertyPlantEquipment 2023-04-01 2024-03-31 06337622 2022-04-01 2023-03-31 06337622 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 06337622 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 06337622 (England and Wales)

BUFF URBAN DAY SPA LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2024
Pages for filing with the registrar

BUFF URBAN DAY SPA LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2024

Contents

BUFF URBAN DAY SPA LIMITED

COMPANY INFORMATION

For the financial year ended 31 March 2024
BUFF URBAN DAY SPA LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 March 2024
DIRECTORS Mr S W Bruhns
Mrs S J O'Brien
REGISTERED OFFICE Ground Floor Blackbrook Gate 1
Blackbrook Business Park
Taunton
TA1 2PX
United Kingdom
BUSINESS ADDRESS 22-24 Station Road
Taunton
Somerset
TA1 1NL
COMPANY NUMBER 06337622 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Blackbrook Gate 1
Blackbrook Business Park
Taunton
Somerset TA1 2PX
BUFF URBAN DAY SPA LIMITED

BALANCE SHEET

As at 31 March 2024
BUFF URBAN DAY SPA LIMITED

BALANCE SHEET (continued)

As at 31 March 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 6,895 10,070
6,895 10,070
Current assets
Stocks 4 8,366 8,885
Debtors 5 4,679 2,127
Cash at bank and in hand 39,472 12,581
52,517 23,593
Creditors: amounts falling due within one year 6 ( 102,033) ( 94,639)
Net current liabilities (49,516) (71,046)
Total assets less current liabilities (42,621) (60,976)
Net liabilities ( 42,621) ( 60,976)
Capital and reserves
Called-up share capital 7 100 100
Profit and loss account ( 42,721 ) ( 61,076 )
Total shareholder's deficit ( 42,621) ( 60,976)

For the financial year ending 31 March 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Buff Urban Day Spa Limited (registered number: 06337622) were approved and authorised for issue by the Board of Directors on 23 September 2024. They were signed on its behalf by:

Mrs S J O'Brien
Director
BUFF URBAN DAY SPA LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
BUFF URBAN DAY SPA LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Buff Urban Day Spa Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Ground Floor Blackbrook Gate 1, Blackbrook Business Park, Taunton, TA1 2PX, United Kingdom. The principal place of business is 22-24 Station Road, Taunton, Somerset, TA1 1NL.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors note that the business has net liabilities of £42,621. The Company is supported through loans from the Parent Company. The directors have received assurances that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the Parent Company will continue to support the Company. After making enquiries, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover shown in the Profit and Loss Account represents amounts invoiced during the period exclusive of VAT.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 6 8

3. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 April 2023 65,412 65,412
Disposals ( 2,776) ( 2,776)
At 31 March 2024 62,636 62,636
Accumulated depreciation
At 01 April 2023 55,342 55,342
Charge for the financial year 2,517 2,517
Disposals ( 2,118) ( 2,118)
At 31 March 2024 55,741 55,741
Net book value
At 31 March 2024 6,895 6,895
At 31 March 2023 10,070 10,070

4. Stocks

2024 2023
£ £
Stocks 8,366 8,885

5. Debtors

2024 2023
£ £
Prepayments 444 401
Deferred tax asset 3,122 0
Corporation tax 0 1,606
Other debtors 1,113 120
4,679 2,127

6. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 5,448 3,005
Amounts owed to Group undertakings 25,000 25,000
Accruals 3,875 3,521
Taxation and social security 10,853 11,595
Other creditors 56,857 51,518
102,033 94,639

7. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100

8. Financial commitments

Other financial commitments

The total amount of financial commitments not included in the balance sheet is £145,000 (2023 - £175,000).