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Company Registration No. 10067575 (England and Wales)
Atypic Skincare Ltd Filleted accounts for the year ended 29 February 2024
Atypic Skincare Ltd Filleted accounts Contents
Page
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Atypic Skincare Ltd Company Information for the year ended 29 February 2024
Directors
Mindaugas Zukauskas Alioune Ndione
Company Number
10067575 (England and Wales)
Registered Office
166 COLLEGE ROAD HARROW GREATER LONDON HA1 1BH UNITED KINGDOM
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Atypic Skincare Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,210,933 
1,146,493 
Current assets
Inventories
19,900 
19,600 
Debtors
3,021,162 
2,507,939 
Cash at bank and in hand
653,793 
887,519 
3,694,855 
3,415,058 
Creditors: amounts falling due within one year
(919,551)
(621,963)
Net current assets
2,775,304 
2,793,095 
Net assets
3,986,237 
3,939,588 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
3,986,236 
3,939,587 
Shareholders' funds
3,986,237 
3,939,588 
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 November 2024 and were signed on its behalf by
Mindaugas Zukauskas Director Company Registration No. 10067575
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Atypic Skincare Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Atypic Skincare Ltd is a private company, limited by shares, registered in England and Wales, registration number 10067575. The registered office is 166 COLLEGE ROAD, HARROW, GREATER LONDON, HA1 1BH, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% straight line
Plant & machinery
20% straight line
Motor vehicles
20% straight line
Fixtures & fittings
4% to 20% straight line
Computer equipment
20% straight line
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Atypic Skincare Ltd Notes to the Accounts for the year ended 29 February 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 March 2023
816,194 
132,522 
143,319 
216,697 
43,456 
1,352,188 
Additions
- 
34,774 
- 
146,237 
4,736 
185,747 
Disposals
- 
(3,100)
- 
- 
- 
(3,100)
At 29 February 2024
816,194 
164,196 
143,319 
362,934 
48,192 
1,534,835 
Depreciation
At 1 March 2023
34,191 
64,816 
57,328 
28,195 
21,165 
205,695 
Charge for the year
19,166 
31,505 
28,664 
30,663 
9,449 
119,447 
On disposals
- 
(1,240)
- 
- 
- 
(1,240)
At 29 February 2024
53,357 
95,081 
85,992 
58,858 
30,614 
323,902 
Net book value
At 29 February 2024
762,837 
69,115 
57,327 
304,076 
17,578 
1,210,933 
At 28 February 2023
782,003 
67,706 
85,991 
188,502 
22,291 
1,146,493 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
51,709 
73,607 
Trade debtors
1,042,313 
365,993 
Accrued income and prepayments
139,210 
12,973 
Other debtors
245,095 
424,619 
1,478,327 
877,192 
Amounts falling due after more than one year
Other debtors
1,542,835 
1,630,747 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
893,132 
547,274 
Taxes and social security
10,518 
62,877 
Other creditors
5,329 
1,420 
Loans from directors
1,360 
770 
Accruals
242 
262 
Deferred income
8,970 
9,360 
919,551 
621,963 
7
Average number of employees
During the year the average number of employees was 26 (2023: 26).
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