Company Registration No. 08250185 (England and Wales)
AB FACIAL AESTHETICS LTD
Unaudited accounts
for the year ended 31 March 2024
AB FACIAL AESTHETICS LTD
Unaudited accounts
Contents
AB FACIAL AESTHETICS LTD
Company Information
for the year ended 31 March 2024
Directors
Deborah Brewer
Austin Brewer
Company Number
08250185 (England and Wales)
Registered Office
10 Leighton Lodge
15 Branksome Wood Road
Bournemouth
Dorset
BH2 6BX
Accountants
Thyme Accounting Services Limited
Flat 10 Leighton Lodge
15 Branksome Wood Road
Bournemouth
Dorset
BH2 6BX
AB FACIAL AESTHETICS LTD
Accountants' report
Accountants' report to the board of directors of AB FACIAL AESTHETICS LTD on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
AB FACIAL AESTHETICS LTD for the year ended
31 March 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of AB FACIAL AESTHETICS LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of AB FACIAL AESTHETICS LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AB FACIAL AESTHETICS LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that AB FACIAL AESTHETICS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of AB FACIAL AESTHETICS LTD. You consider that AB FACIAL AESTHETICS LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of AB FACIAL AESTHETICS LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Thyme Accounting Services Limited
Flat 10 Leighton Lodge
15 Branksome Wood Road
Bournemouth
Dorset
BH2 6BX
3 January 2025
AB FACIAL AESTHETICS LTD
Statement of financial position
as at 31 March 2024
Tangible assets
8,400
10,389
Cash at bank and in hand
13,510
-
Creditors: amounts falling due within one year
(54,521)
(53,781)
Net current assets
11,559
61,799
Total assets less current liabilities
19,959
72,188
Creditors: amounts falling due after more than one year
(19,100)
(72,062)
Called up share capital
100
100
Profit and loss account
759
26
Shareholders' funds
859
126
For the year ending 31 March 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 3 January 2025 and were signed on its behalf by
Deborah Brewer
Director
Company Registration No. 08250185
AB FACIAL AESTHETICS LTD
Notes to the Accounts
for the year ended 31 March 2024
AB FACIAL AESTHETICS LTD is a private company, limited by shares, registered in England and Wales, registration number 08250185. The registered office is 10 Leighton Lodge, 15 Branksome Wood Road, Bournemouth, Dorset, BH2 6BX.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Leasehold ptoperty depreciated over 5 years Straight Line
Fixtures & fittings
15% Reducing Balance
Computer equipment
33.33% Reducing Balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
26,275
26,808
8,721
61,804
At 31 March 2024
26,275
26,808
8,721
61,804
At 1 April 2023
26,275
18,770
6,370
51,415
Charge for the year
-
1,206
783
1,989
At 31 March 2024
26,275
19,976
7,153
53,404
At 31 March 2024
-
6,832
1,568
8,400
At 31 March 2023
-
8,038
2,351
10,389
AB FACIAL AESTHETICS LTD
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Other debtors
44,622
106,046
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
23,000
19,529
Taxes and social security
29,521
25,653
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to director
52,754
22,311
52,754
22,311
Loan to director
52,754
22,311
52,754
22,311
105,508
44,622
105,508
44,622
During the year the company made advances totalling £44622 to the directors ( 2022: £105508)
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).