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REGISTERED NUMBER: 10359474 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

GSN AESTHETICS LIMITED

GSN AESTHETICS LIMITED (REGISTERED NUMBER: 10359474)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GSN AESTHETICS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: Ms E C Southwick





REGISTERED OFFICE: Sutherland House
1759 London Road
Leigh on Sea
Essex
SS9 2RZ





REGISTERED NUMBER: 10359474 (England and Wales)





ACCOUNTANTS: Platt Rushton LLP
Chartered Accountants
Sutherland House
1759 London Road
Leigh on Sea
Essex
SS9 2RZ

GSN AESTHETICS LIMITED (REGISTERED NUMBER: 10359474)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 28,441 44,311

CURRENT ASSETS
Stocks 13,182 19,766
Debtors 5 2,715 6,248
Cash at bank 7,926 17,413
23,823 43,427
CREDITORS
Amounts falling due within one year 6 25,839 30,339
NET CURRENT (LIABILITIES)/ASSETS (2,016 ) 13,088
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,425

57,399

CREDITORS
Amounts falling due after more than one
year

7

(7,305

)

(19,307

)

PROVISIONS FOR LIABILITIES (2,554 ) -
NET ASSETS 16,566 38,092

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 16,564 38,090
16,566 38,092

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

GSN AESTHETICS LIMITED (REGISTERED NUMBER: 10359474)

BALANCE SHEET - continued
30 APRIL 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 January 2025 and were signed by:





Ms E C Southwick - Director


GSN AESTHETICS LIMITED (REGISTERED NUMBER: 10359474)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

GSN Aesthetics Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on cost and 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

GSN AESTHETICS LIMITED (REGISTERED NUMBER: 10359474)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS

Plant and
machinery
etc
£
COST
At 1st May 202325,944
At 30th April 2024 25,944

DEPRECIATION
At 1st May 20238,633
Charge for year3,870
At 30th April 2024 12,503

NET BOOK VALUE
At 30th April 2024 13,441
At 30th April 202317,311

Fixed assets which are held under finance leases are as follows:
Plant and
machinery
etc
£

COST
At 1st May 202348,000
At 30th April 2024 48,000

DEPRECIATION
At 1st May 202321,000
Charge for year12,000
At 30th April 2024 33,000

NET BOOK VALUE
At 30th April 2024 15,000
At 30th April 202327,000

GSN AESTHETICS LIMITED (REGISTERED NUMBER: 10359474)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 921 493
Other debtors 1,794 5,755
2,715 6,248

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 1,461 5,094
Finance leases 10,958 10,958
Trade creditors 4,113 7,485
Taxation and social security 2,214 1,199
Other creditors 7,093 5,603
25,839 30,339

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1,044
Finance leases 7,305 18,263
7,305 19,307

8. RELATED PARTY DISCLOSURES

During the year, the Director made a loan to the company upon which no interest is charged. The loan is repayable on demand and the balance due to the Director at the year end was £496 (2023 - £483).