2023-03-012024-02-292024-02-29false10020526CONSTANT BEAUTY LIMITED2024-11-2596020iso4217:GBPxbrli:pure100205262023-03-01100205262024-02-29100205262023-03-012024-02-29100205262022-03-01100205262023-02-28100205262022-03-012023-02-2810020526bus:SmallEntities2023-03-012024-02-2910020526bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2910020526bus:FullAccounts2023-03-012024-02-2910020526bus:PrivateLimitedCompanyLtd2023-03-012024-02-2910020526core:WithinOneYear2024-02-2910020526core:AfterOneYear2024-02-2910020526core:WithinOneYear2023-02-2810020526core:AfterOneYear2023-02-2810020526core:ShareCapital2024-02-2910020526core:SharePremium2024-02-2910020526core:RevaluationReserve2024-02-2910020526core:OtherReservesSubtotal2024-02-2910020526core:RetainedEarningsAccumulatedLosses2024-02-2910020526core:ShareCapital2023-02-2810020526core:SharePremium2023-02-2810020526core:RevaluationReserve2023-02-2810020526core:OtherReservesSubtotal2023-02-2810020526core:RetainedEarningsAccumulatedLosses2023-02-2810020526core:LandBuildings2024-02-2910020526core:PlantMachinery2024-02-2910020526core:Vehicles2024-02-2910020526core:FurnitureFittings2024-02-2910020526core:OfficeEquipment2024-02-2910020526core:NetGoodwill2024-02-2910020526core:IntangibleAssetsOtherThanGoodwill2024-02-2910020526core:ListedExchangeTraded2024-02-2910020526core:UnlistedNon-exchangeTraded2024-02-2910020526core:LandBuildings2023-02-2810020526core:PlantMachinery2023-02-2810020526core:Vehicles2023-02-2810020526core:FurnitureFittings2023-02-2810020526core:OfficeEquipment2023-02-2810020526core:NetGoodwill2023-02-2810020526core:IntangibleAssetsOtherThanGoodwill2023-02-2810020526core:ListedExchangeTraded2023-02-2810020526core:UnlistedNon-exchangeTraded2023-02-2810020526core:LandBuildings2023-03-012024-02-2910020526core:PlantMachinery2023-03-012024-02-2910020526core:Vehicles2023-03-012024-02-2910020526core:FurnitureFittings2023-03-012024-02-2910020526core:OfficeEquipment2023-03-012024-02-2910020526core:NetGoodwill2023-03-012024-02-2910020526core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2910020526core:ListedExchangeTraded2023-03-012024-02-2910020526core:UnlistedNon-exchangeTraded2023-03-012024-02-2910020526core:MoreThanFiveYears2023-03-012024-02-2910020526core:Non-currentFinancialInstruments2024-02-2910020526core:Non-currentFinancialInstruments2023-02-2810020526dpl:CostSales2023-03-012024-02-2910020526dpl:DistributionCosts2023-03-012024-02-2910020526core:LandBuildings2023-03-012024-02-2910020526core:PlantMachinery2023-03-012024-02-2910020526core:Vehicles2023-03-012024-02-2910020526core:FurnitureFittings2023-03-012024-02-2910020526core:OfficeEquipment2023-03-012024-02-2910020526dpl:AdministrativeExpenses2023-03-012024-02-2910020526core:NetGoodwill2023-03-012024-02-2910020526core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2910020526dpl:GroupUndertakings2023-03-012024-02-2910020526dpl:ParticipatingInterests2023-03-012024-02-2910020526dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-012024-02-2910020526core:ListedExchangeTraded2023-03-012024-02-2910020526dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-012024-02-2910020526core:UnlistedNon-exchangeTraded2023-03-012024-02-2910020526dpl:CostSales2022-03-012023-02-2810020526dpl:DistributionCosts2022-03-012023-02-2810020526core:LandBuildings2022-03-012023-02-2810020526core:PlantMachinery2022-03-012023-02-2810020526core:Vehicles2022-03-012023-02-2810020526core:FurnitureFittings2022-03-012023-02-2810020526core:OfficeEquipment2022-03-012023-02-2810020526dpl:AdministrativeExpenses2022-03-012023-02-2810020526core:NetGoodwill2022-03-012023-02-2810020526core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2810020526dpl:GroupUndertakings2022-03-012023-02-2810020526dpl:ParticipatingInterests2022-03-012023-02-2810020526dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2810020526core:ListedExchangeTraded2022-03-012023-02-2810020526dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2810020526core:UnlistedNon-exchangeTraded2022-03-012023-02-2810020526core:NetGoodwill2024-02-2910020526core:IntangibleAssetsOtherThanGoodwill2024-02-2910020526core:LandBuildings2024-02-2910020526core:PlantMachinery2024-02-2910020526core:Vehicles2024-02-2910020526core:FurnitureFittings2024-02-2910020526core:OfficeEquipment2024-02-2910020526core:AfterOneYear2024-02-2910020526core:WithinOneYear2024-02-2910020526core:ListedExchangeTraded2024-02-2910020526core:UnlistedNon-exchangeTraded2024-02-2910020526core:ShareCapital2024-02-2910020526core:SharePremium2024-02-2910020526core:RevaluationReserve2024-02-2910020526core:OtherReservesSubtotal2024-02-2910020526core:RetainedEarningsAccumulatedLosses2024-02-2910020526core:NetGoodwill2023-02-2810020526core:IntangibleAssetsOtherThanGoodwill2023-02-2810020526core:LandBuildings2023-02-2810020526core:PlantMachinery2023-02-2810020526core:Vehicles2023-02-2810020526core:FurnitureFittings2023-02-2810020526core:OfficeEquipment2023-02-2810020526core:AfterOneYear2023-02-2810020526core:WithinOneYear2023-02-2810020526core:Liste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CONSTANT BEAUTY LIMITED

Registered Number
10020526
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

CONSTANT BEAUTY LIMITED
Company Information
for the year from 1 March 2023 to 29 February 2024

Director

CONSTANTINO, Candida

Registered Address

Grove House
2 Woodberry Grove
London
N12 0DR

Registered Number

10020526 (England and Wales)
CONSTANT BEAUTY LIMITED
Balance Sheet as at
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets344,12244,122
Tangible assets43,1003,304
47,22247,426
Current assets
Stocks512,02710,696
Debtors3,0374,400
Cash at bank and on hand6,1945,418
21,25820,514
Creditors amounts falling due within one year6(48,367)(22,286)
Net current assets (liabilities)(27,109)(1,772)
Total assets less current liabilities20,11345,654
Creditors amounts falling due after one year7(69,342)(69,342)
Provisions for liabilities8(589)(628)
Net assets(49,818)(24,316)
Capital and reserves
Called up share capital100100
Profit and loss account(49,918)(24,416)
Shareholders' funds(49,818)(24,316)
The financial statements were approved and authorised for issue by the Director on 25 November 2024, and are signed on its behalf by:
CONSTANTINO, Candida
Director
Registered Company No. 10020526
CONSTANT BEAUTY LIMITED
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Going concern
At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance from the directors that they will continue to give financial support to the company for twelve months from the date of signing these financial statements. On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The accounts do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Revenue from rendering of services
Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)Straight line (years)
Office Equipment2020
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

20242023
Average number of employees during the year76
3.Intangible assets

Other

Total

££
Cost or valuation
At 01 March 2344,12244,122
At 29 February 2444,12244,122
Net book value
At 29 February 2444,12244,122
At 28 February 2344,12244,122
4.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 March 235,6035,603
Additions729729
Disposals(325)(325)
At 29 February 246,0076,007
Depreciation and impairment
At 01 March 232,2992,299
Charge for year775775
On disposals(167)(167)
At 29 February 242,9072,907
Net book value
At 29 February 243,1003,100
At 28 February 233,3043,304
5.Stocks

2024

2023

££
Raw materials and consumables12,02710,696
Total12,02710,696
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables10,3099,648
Taxation and social security23,2884,841
Other creditors11,4594,648
Accrued liabilities and deferred income3,3113,149
Total48,36722,286
7.Creditors: amounts due after one year

2024

2023

££
Other creditors69,34269,342
Total69,34269,342
8.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)589628
Total589628