IRIS Accounts Production v24.2.0.383 06568806 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false Ordinary 1.00000 Ordinary Non-voting A 1.00000 Ordinary Non-voting B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh065688062023-05-31065688062024-05-31065688062023-06-012024-05-31065688062022-05-31065688062022-06-012023-05-31065688062023-05-3106568806ns15:EnglandWales2023-06-012024-05-3106568806ns14:PoundSterling2023-06-012024-05-3106568806ns10:Director12023-06-012024-05-3106568806ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3106568806ns10:SmallEntities2023-06-012024-05-3106568806ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3106568806ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3106568806ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3106568806ns10:FullAccounts2023-06-012024-05-3106568806ns10:OrdinaryShareClass12023-06-012024-05-3106568806ns10:OrdinaryShareClass22023-06-012024-05-3106568806ns10:OrdinaryShareClass32023-06-012024-05-3106568806ns10:Director22023-06-012024-05-3106568806ns10:RegisteredOffice2023-06-012024-05-3106568806ns5:CurrentFinancialInstruments2024-05-3106568806ns5:CurrentFinancialInstruments2023-05-3106568806ns5:ShareCapital2024-05-3106568806ns5:ShareCapital2023-05-3106568806ns5:RetainedEarningsAccumulatedLosses2024-05-3106568806ns5:RetainedEarningsAccumulatedLosses2023-05-3106568806ns5:MotorVehicles2023-06-012024-05-3106568806ns5:ComputerEquipment2023-06-012024-05-3106568806ns5:MotorVehicles2023-05-3106568806ns5:ComputerEquipment2023-05-3106568806ns5:MotorVehicles2024-05-3106568806ns5:ComputerEquipment2024-05-3106568806ns5:MotorVehicles2023-05-3106568806ns5:ComputerEquipment2023-05-3106568806ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3106568806ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-3106568806ns10:OrdinaryShareClass12024-05-3106568806ns10:OrdinaryShareClass22024-05-3106568806ns10:OrdinaryShareClass32024-05-31
REGISTERED NUMBER: 06568806 (England and Wales)















BEAUTY SPOT WAREHOUSE LIMITED

Unaudited Financial Statements

for the Year Ended 31 May 2024






BEAUTY SPOT WAREHOUSE LIMITED (Registered number: 06568806)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BEAUTY SPOT WAREHOUSE LIMITED

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Mrs R S Ogden
M Ogden





REGISTERED OFFICE: 1 Park View Court
St Paul's Road
Shipley
West Yorkshire
BD18 3DZ





REGISTERED NUMBER: 06568806 (England and Wales)





ACCOUNTANTS: Maclean & Company
1 Park View Court
St Paul's Road
Shipley
West Yorkshire
BD18 3DZ

BEAUTY SPOT WAREHOUSE LIMITED (Registered number: 06568806)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 114,530 110,156

CURRENT ASSETS
Stocks 475,000 425,000
Debtors 5 518,596 428,621
Cash at bank 92,078 259,844
1,085,674 1,113,465
CREDITORS
Amounts falling due within one year 6 228,528 270,145
NET CURRENT ASSETS 857,146 843,320
TOTAL ASSETS LESS CURRENT
LIABILITIES

971,676

953,476

PROVISIONS FOR LIABILITIES 15,562 10,363
NET ASSETS 956,114 943,113

CAPITAL AND RESERVES
Called up share capital 7 3 3
Retained earnings 956,111 943,110
SHAREHOLDERS' FUNDS 956,114 943,113

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

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 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.

BEAUTY SPOT WAREHOUSE LIMITED (Registered number: 06568806)

Balance Sheet - continued
31 May 2024


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 30 October 2024 and were signed on its behalf by:





Mrs R S Ogden - Director


BEAUTY SPOT WAREHOUSE LIMITED (Registered number: 06568806)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

BEAUTY SPOT WAREHOUSE 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.

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.
Motor vehicles - 25% on reducing balance
Fixtures, fittings & equipment - 25% on reducing balance

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

BEAUTY SPOT WAREHOUSE LIMITED (Registered number: 06568806)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2023 - 37 ) .

4. TANGIBLE FIXED ASSETS
Fixtures,
Motor fittings
vehicles & equipment Totals
£    £    £   
COST
At 1 June 2023 107,095 99,558 206,653
Additions - 42,552 42,552
At 31 May 2024 107,095 142,110 249,205
DEPRECIATION
At 1 June 2023 24,879 71,618 96,497
Charge for year 20,555 17,623 38,178
At 31 May 2024 45,434 89,241 134,675
NET BOOK VALUE
At 31 May 2024 61,661 52,869 114,530
At 31 May 2023 82,216 27,940 110,156

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Amounts owed by group undertakings 518,596 427,921
Other debtors - 700
518,596 428,621

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 83,615 109,718
Taxation 136,983 160,247
Other creditors 7,930 180
228,528 270,145

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
1 Ordinary £1 1 1
1 Ordinary Non-voting A £1 1 1
1 Ordinary Non-voting B £1 1 1
3 3

BEAUTY SPOT WAREHOUSE LIMITED (Registered number: 06568806)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are the directors Mrs R S Ogden and M Ogden through their ownership of non-voting shares in the Company and shares in its Parent Company BEAUTY SPOT HOLDINGS LIMITED.