Company Registration No. 11826949 (England and Wales)
Finer Lines Aesthetics Ltd
Unaudited accounts
for the year ended 29 February 2024
Finer Lines Aesthetics Ltd
Unaudited accounts
Contents
Finer Lines Aesthetics Ltd
Company Information
for the year ended 29 February 2024
Directors
Nicola Griffiths
Nicola Griffiths
Company Number
11826949 (England and Wales)
Registered Office
5 ARMOUR CLOSE
BURBAGE
HINCKLEY
LE10 2QW
UNITED KINGDOM
Accountants
SAS Accounting for Aesthetics Limited
Unit 6
Frances Industrial Estate,
Vivars Way, Canal Road
Selby
North Yorkshire
YO8 8BE
Finer Lines Aesthetics Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
24,194
15,132
Cash at bank and in hand
30,865
42,087
Creditors: amounts falling due within one year
(34,725)
(46,228)
Net current assets/(liabilities)
2,614
(854)
Called up share capital
100
100
Profit and loss account
26,708
14,178
Shareholders' funds
26,808
14,278
For the year ending 29 February 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 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 13 November 2024 and were signed on its behalf by
Nicola Griffiths
Director
Company Registration No. 11826949
Finer Lines Aesthetics Ltd
Notes to the Accounts
for the year ended 29 February 2024
Finer Lines Aesthetics Ltd is a private company, limited by shares, registered in England and Wales, registration number 11826949. The registered office is 5 ARMOUR CLOSE, BURBAGE, HINCKLEY, LE10 2QW, UNITED KINGDOM.
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.
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:
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
11,494
20,743
32,237
Additions
19,221
2,970
22,191
Revaluations
-
(3,320)
(3,320)
At 29 February 2024
30,715
20,393
51,108
At 1 March 2023
5,108
11,997
17,105
Charge for the year
8,535
1,274
9,809
At 29 February 2024
13,643
13,271
26,914
At 29 February 2024
17,072
7,122
24,194
At 28 February 2023
6,386
8,746
15,132
Amounts falling due within one year
Accrued income and prepayments
1,891
974
Finer Lines Aesthetics Ltd
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
9,755
3,657
Trade creditors
11,271
9,976
Taxes and social security
3,739
4,513
Loans from directors
6,498
26,582
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Average number of employees
During the year the average number of employees was 2 (2023: 2).