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REGISTERED NUMBER: 09425030 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Knightsbridge Aesthetics Limited

Knightsbridge Aesthetics Limited (Registered number: 09425030)






Contents of the Financial Statements
for the year ended 29 February 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Knightsbridge Aesthetics Limited (Registered number: 09425030)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 8,980 9,844
Investments 6 1 180,629
8,981 190,473

CURRENT ASSETS
Debtors 7 301,000 664,185
Cash at bank 30,808 72,616
331,808 736,801
CREDITORS
Amounts falling due within one year 8 56,269 533,085
NET CURRENT ASSETS 275,539 203,716
TOTAL ASSETS LESS CURRENT
LIABILITIES

284,520

394,189

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 284,420 394,089
SHAREHOLDERS' FUNDS 284,520 394,189

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

Knightsbridge Aesthetics Limited (Registered number: 09425030)

Balance Sheet - continued
29 February 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 director and authorised for issue on 14 November 2024 and were signed by:





K Golchin - Director


Knightsbridge Aesthetics Limited (Registered number: 09425030)

Notes to the Financial Statements
for the year ended 29 February 2024

1. STATUTORY INFORMATION

Knightsbridge Aesthetics Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09425030

Registered office: 34 Hans Road
London
SW3 1RW

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Turnover represents income received in the ordinary course of business for the provision of non-surgical aesthetic procedures. Turnover is recognised based on the stage of completion of each piece of treatment carried out and that it is probable that the company will receive the consideration due.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% per annum on reducing balance

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.


Knightsbridge Aesthetics Limited (Registered number: 09425030)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

3. ACCOUNTING POLICIES - continued
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.

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.

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 17,500
Additions 1,667
At 29 February 2024 19,167
DEPRECIATION
At 1 March 2023 7,656
Charge for year 2,531
At 29 February 2024 10,187
NET BOOK VALUE
At 29 February 2024 8,980
At 28 February 2023 9,844

Knightsbridge Aesthetics Limited (Registered number: 09425030)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

6. FIXED ASSET INVESTMENTS
Other
investment
£   
COST
At 1 March 2023 180,629
Impairments (180,628 )
At 29 February 2024 1
NET BOOK VALUE
At 29 February 2024 1
At 28 February 2023 180,629

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 12,016 -
Other debtors 288,984 664,185
301,000 664,185

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 53,502 68,784
Other creditors 2,767 464,301
56,269 533,085

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary shares 1 100 100

Knightsbridge Aesthetics Limited (Registered number: 09425030)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
K Golchin
Balance outstanding at start of year 400,012 297,477
Amounts advanced 165,570 161,044
Amounts repaid (565,815 ) (58,509 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (233 ) 400,012

11. RELATED PARTY DISCLOSURES

During the year, total dividends of £60,000 were paid to the director .

At the balance sheet date, the company was owed a net balance of £142,428 (2023: owed to - £339,614) from companies owned by the director.