2023-03-01 07544551 2024-02-29 07544551 2023-03-01 2024-02-29 07544551 2023-02-28 07544551 2022-03-01 2023-02-28 07544551 uk-core:WithinOneYear 2023-02-28 07544551 uk-core:WithinOneYear 2024-02-29 07544551 uk-core:AfterOneYear 2023-02-28 07544551 uk-core:AfterOneYear 2024-02-29 07544551 uk-core:ShareCapital 2024-02-29 07544551 uk-core:ShareCapital 2023-02-28 07544551 uk-core:RetainedEarningsAccumulatedLosses 2024-02-29 07544551 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 07544551 uk-bus:Director1 2023-03-01 2024-02-29 07544551 uk-core:ComputerEquipment 2023-03-01 2024-02-29 07544551 uk-core:AfterOneYear uk-core:Secured 2024-02-29 07544551 uk-core:AfterOneYear uk-core:Secured 2023-02-28 iso4217:GBP xbrli:pure 07544551 uk-bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 07544551 uk-bus:FRS102 2023-03-01 2024-02-29 07544551 uk-bus:FilletedAccounts 2023-03-01 2024-02-29 07544551 uk-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29
Artisan People Beauty Ltd
Registered Number:07544551
For the year ended 29 February 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 29 February 2024
Artisan People Beauty Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
07544551
As at 29 February 2024
Artisan People Beauty Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
14,667
-
2
14,667
-
Current assets
Inventories
112,185
24,542
Trade and other receivables
20,328
122,834
3
469,025
Cash and cash equivalents
96,832
244,208
601,538
Trade and other payables: amounts falling due within one
year
(549,799)
(470,663)
4
51,739
(226,455)
Net current liabilities
Total assets less current liabilities
(211,788)
51,739
Trade and other payables: amounts falling due after more
than one year
(37,400)
(42,209)
5
1,257
(2,350)
Provisions for liabilities
(252,740)
Net assets/liabilities
11,989
Capital and reserves
Called up share capital
1
1
Retained earnings
(252,741)
11,988
(252,740)
11,989
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
07544551
For the year ended 29 February 2024
Artisan People Beauty Ltd
Statement of Financial Position Continued
Mr Timothy Seyner Director
These financial statements were approved and authorised for issue by the Board on 20 November 2024 and were signed by:
The notes form part of these financial statements
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5
For the year ended 29 February 2024
Artisan People Beauty Ltd
Notes to the Financial Statements
Statutory Information
Artisan People Beauty Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 07544551.
Principal place of business:
2nd Floor
42 Upper Berkeley Street
London
W1H 5PW
Registered address:
3c Sopwith Crescent
Hurricane Way
Wickford
Essex
SS11 8YU
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25 Reducing balance
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
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6
For the year ended 29 February 2024
Artisan People Beauty Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Plant and
machinery
£
Cost or
valuation
16,000
Additions
At 29 February 2024
16,000
Provision for depreciation and impairment
Charge for year
1,333
At 29 February 2024
1,333
At 29 February 2024
Net book value
14,667
3. Trade and other receivables
2023
2024
£
£
Trade debtors
-
14,621
Other debtors
122,834
5,707
20,328
122,834
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
18,178
-
Taxation and social security
428,120
447,762
Other creditors
24,365
102,037
470,663
549,799
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
24,461
37,400
Other creditors
17,748
-
42,209
37,400
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7
For the year ended 29 February 2024
Artisan People Beauty Ltd
Notes to the Financial Statements Continued
6. Average number of persons employed
During the year the average number of employees was 21 (2023 : 20)
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