Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-052024-04-05The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-06falsefalseNo description of principal activity11truetrue 13959783 2023-04-06 2024-04-05 13959783 2022-03-07 2023-04-05 13959783 2024-04-05 13959783 2023-04-05 13959783 c:Director1 2023-04-06 2024-04-05 13959783 d:FurnitureFittings 2023-04-06 2024-04-05 13959783 d:FurnitureFittings 2024-04-05 13959783 d:FurnitureFittings 2023-04-05 13959783 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-06 2024-04-05 13959783 d:CurrentFinancialInstruments 2024-04-05 13959783 d:CurrentFinancialInstruments 2023-04-05 13959783 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-05 13959783 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-05 13959783 d:ShareCapital 2024-04-05 13959783 d:ShareCapital 2023-04-05 13959783 d:RetainedEarningsAccumulatedLosses 2024-04-05 13959783 d:RetainedEarningsAccumulatedLosses 2023-04-05 13959783 c:FRS102 2023-04-06 2024-04-05 13959783 c:AuditExempt-NoAccountantsReport 2023-04-06 2024-04-05 13959783 c:FullAccounts 2023-04-06 2024-04-05 13959783 c:PrivateLimitedCompanyLtd 2023-04-06 2024-04-05 13959783 e:PoundSterling 2023-04-06 2024-04-05 iso4217:GBP xbrli:pure
Registered number: 13959783


SANDIES AESTHETICS & LASHES LIMITED
(Formerly known as Sandies Lashes & Aesthetics Limited)
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE PERIOD ENDED 5 APRIL 2024

 
SANDIE'S AESTHETICS & LASHES LIMITED
REGISTERED NUMBER: 13959783

BALANCE SHEET
AS AT 5 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,499
101

  
1,499
101

Current assets
  

Stocks
  
5,000
500

Debtors: amounts falling due within one year
 5 
200
-

Cash at bank and in hand
  
175
5,056

  
5,375
5,556

Creditors: amounts falling due within one year
 7 
(8,486)
(5,373)

Net current (liabilities)/assets
  
 
 
(3,111)
 
 
183

Total assets less current liabilities
  
(1,612)
284

  

Net (liabilities)/assets
  
(1,612)
284


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(1,613)
283

  
(1,612)
284


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 December 2024.




S Hogg
Director
Page 1

 
SANDIE'S AESTHETICS & LASHES LIMITED
REGISTERED NUMBER: 13959783

BALANCE SHEET (CONTINUED)
AS AT 5 APRIL 2024


The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
SANDIE'S AESTHETICS & LASHES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 5 APRIL 2024

1.


General information

The company is a company limited by shares and was incorporated in Wales. The registered office
address is:
Kingsridge House
601 London Road
Westcliff on Sea
Essex
SS0 9PE
The company registered number is 13959783.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

Due to the loss for the reporting period and the resulting Balance Sheet deficit the continued operation of the company is dependent on the support of the creditors. 
The Director, as the principal creditor of the company, has indicated their willingness to continue to support the Company and as such concludes that it remains appropriate to prepare the financial statements on a Going Concern basis.

Page 3

 
SANDIE'S AESTHETICS & LASHES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 5 APRIL 2024

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
SANDIE'S AESTHETICS & LASHES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 5 APRIL 2024

2.Accounting policies (continued)


2.6
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
15%
Reducing balance basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 5

 
SANDIE'S AESTHETICS & LASHES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 5 APRIL 2024

3.


Employees

5 April
2024
£

Wages and salaries
9,100

9,100


The average monthly number of employees, including directors, during the period was 1 (2023 - 1).


4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 6 April 2023
109


Additions
1,839



At 5 April 2024

1,948



Depreciation


At 6 April 2023
8


Charge for the period on owned assets
441



At 5 April 2024

449



Net book value



At 5 April 2024
1,499


5.


Debtors

2024
2023
£
£


Other debtors
200
-

200
-


Page 6

 
SANDIE'S AESTHETICS & LASHES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 5 APRIL 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
175
5,056

175
5,056



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
948
900

Corporation tax
244
4,191

Director's loan account
7,294
282

8,486
5,373



Page 7