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REGISTERED NUMBER: 10183710 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 31 May 2024

for

Azira Aesthetics Limited

Azira Aesthetics Limited (Registered number: 10183710)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Azira Aesthetics Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: G F Cobner





SECRETARY: J R Cobner





REGISTERED OFFICE: 21 Gold Tops
Newport
South Wales
NP20 4PG





REGISTERED NUMBER: 10183710 (England and Wales)





ACCOUNTANTS: Guilfoyle Sage LLP
21 Gold Tops
Newport
South Wales
NP20 4PG

Azira Aesthetics Limited (Registered number: 10183710)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,265 12,288

CURRENT ASSETS
Stocks 8,225 16,447
Debtors 5 430 2,800
Investments 6 85,000 85,000
Cash at bank 18,966 23,689
112,621 127,936
CREDITORS
Amounts falling due within one year 7 51,456 43,598
NET CURRENT ASSETS 61,165 84,338
TOTAL ASSETS LESS CURRENT
LIABILITIES

74,430

96,626

CREDITORS
Amounts falling due after more than one
year

8

(10,757

)

(20,748

)

PROVISIONS FOR LIABILITIES 9 (1,806 ) (1,574 )
NET ASSETS 61,867 74,304

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 61,767 74,204
SHAREHOLDERS' FUNDS 61,867 74,304

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

Azira Aesthetics Limited (Registered number: 10183710)

Balance Sheet - continued
31 May 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 January 2025 and were signed by:





G F Cobner - Director


Azira Aesthetics Limited (Registered number: 10183710)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Azira 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Plant and machinery etc - 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 Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Azira Aesthetics Limited (Registered number: 10183710)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 31,681
Additions 7,999
At 31 May 2024 39,680
DEPRECIATION
At 1 June 2023 19,393
Charge for year 7,022
At 31 May 2024 26,415
NET BOOK VALUE
At 31 May 2024 13,265
At 31 May 2023 12,288

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 430 2,800

6. CURRENT ASSET INVESTMENTS
31.5.24 31.5.23
£    £   
Other 85,000 85,000

Azira Aesthetics Limited (Registered number: 10183710)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 10,000 10,000
Tax 5,696 13,634
Social security and other taxes 441 595
VAT 8,888 9,759
Deposits in advance 7,434 2,181
JR Cobner loan 336 336
Sundry creditor - 123
Accrued expenses 18,661 6,970
51,456 43,598

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans - 1-2 years 10,757 20,748

9. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£    £   
Deferred tax
Accelerated capital allowances 1,806 1,574

Deferred
tax
£   
Balance at 1 June 2023 1,574
Charge to Statement of Income and Retained Earnings during year 232
Balance at 31 May 2024 1,806

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

31.5.24 31.5.23
£    £   
G F Cobner
Balance outstanding at start of year - 15,000
Amounts repaid - (15,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -