Registered number
13226329
Dr Megan Samuel Aesthetics Ltd
Filleted Accounts
28 February 2024
Dr Megan Samuel Aesthetics Ltd
Registered number: 13226329
Balance Sheet
as at 28 February 2024
Notes 2024 2023
£ £ £ £
Current assets
Stocks 750 750
Cash at bank and in hand 4,739 100
5,489 850
Creditors: amounts falling due within one year 3 (7,055) (6,786)
Net current liabilities (1,566) (5,936)
Net liabilities (1,566) (5,936)
Capital and reserves
Called up share capital 1 1
Profit and loss account (1,567) (5,937)
Shareholder's funds (1,566) (5,936)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Dr M A Samuel
Director
Approved by the board on 29 November 2024
Dr Megan Samuel Aesthetics Ltd
Notes to the Accounts
for the year ended 28 February 2024
1 Accounting policies
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).
Turnover
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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover 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.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 1,440 720
Other creditors 5,615 6,066
7,055 6,786
4 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Dr M A Samuel
Directors loan (6,066) 1,451 (1,000) (5,615)
(6,066) 1,451 (1,000) (5,615)
5 Other information
Dr Megan Samuel Aesthetics Ltd is a private company limited by shares and incorporated in England. Its registered office is:
8 Gainsborough Road
Ipswich
IP4 2UR
Dr Megan Samuel Aesthetics Ltd 13226329 false 2023-03-01 2024-02-28 2024-02-28 VT Final Accounts July 2024 Dr M A Samuel No description of principal activity 13226329 2022-03-01 2023-02-28 13226329 core:WithinOneYear 2023-02-28 13226329 core:ShareCapital 2023-02-28 13226329 core:RetainedEarningsAccumulatedLosses 2023-02-28 13226329 2023-03-01 2024-02-28 13226329 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 13226329 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-28 13226329 bus:Director40 2023-03-01 2024-02-28 13226329 2 2023-03-01 2024-02-28 13226329 bus:Director1 2023-03-01 2024-02-28 13226329 bus:Director1 1 2023-03-01 2024-02-28 13226329 countries:England 2023-03-01 2024-02-28 13226329 bus:FRS102 2023-03-01 2024-02-28 13226329 bus:FilletedAccounts 2023-03-01 2024-02-28 13226329 2024-02-28 13226329 core:WithinOneYear 2024-02-28 13226329 core:ShareCapital 2024-02-28 13226329 core:RetainedEarningsAccumulatedLosses 2024-02-28 13226329 bus:Director1 1 2024-02-28 13226329 2023-02-28 13226329 bus:Director1 1 2023-02-28 iso4217:GBP xbrli:pure