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REGISTERED NUMBER: SC462538 (Scotland)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

THE EDINBURGH NATURAL SKINCARE COMPANY
LIMITED

THE EDINBURGH NATURAL SKINCARE COMPANY
LIMITED (REGISTERED NUMBER: SC462538)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


THE EDINBURGH NATURAL SKINCARE COMPANY
LIMITED (REGISTERED NUMBER: SC462538)

BALANCE SHEET
31 March 2024

31.3.24 31.3.23
Notes £    £   
CURRENT ASSETS
Stocks 4 13,945 10,771
Debtors 5 102,778 48,408
Cash at bank and in hand 11,210 41,433
127,933 100,612
CREDITORS
Amounts falling due within one year 6 108,100 103,537
NET CURRENT ASSETS/(LIABILITIES) 19,833 (2,925 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,833

(2,925

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 19,733 (3,025 )
19,833 (2,925 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 EDINBURGH NATURAL SKINCARE COMPANY
LIMITED (REGISTERED NUMBER: SC462538)

BALANCE SHEET - continued
31 March 2024



The financial statements were approved by the director and authorised for issue on 20 November 2024 and were signed by:





T J Crooks - Director


THE EDINBURGH NATURAL SKINCARE COMPANY
LIMITED (REGISTERED NUMBER: SC462538)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

The Edinburgh Natural Skincare Company Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC462538

Registered office: 126 Church Street
Tranent
EH33 1BL

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 and revenue recognition
Turnover represents net invoiced sales of goods and services, excluding VAT. Revenue is recognised when goods and services are provided to the customer.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2023 - 11 ) .

4. STOCKS
31.3.24 31.3.23
£    £   
Stocks 13,945 10,771

THE EDINBURGH NATURAL SKINCARE COMPANY
LIMITED (REGISTERED NUMBER: SC462538)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 25,273 1,486
Other debtors 6,922 46,922
Inter Company Retail 33,061 -
Inter Company Trade 37,522 -
102,778 48,408

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 35,833 39,461
Other loans 51,811 44,100
Tax 5,864 2,461
Social security and other taxes 1,342 2,450
VAT 3,545 5,781
Accrued expenses 9,705 9,284
108,100 103,537

7. RELATED PARTY DISCLOSURES

The Edinburgh Natural Skincare Company Ltd is owed £33,060 (2023- (£6,000)) to The Edinburgh Natural Skincare Company (Retail) Ltd.

The Edinburgh Natural Skincare Company Ltd is owed £37,522 (2023 - £52,922) from Tommy Crooks T/A The Edinburgh Natural Skincare company.