Company Registration No. 9013722 (England and Wales)
Aesthetics Lab Ltd
Unaudited accounts
for the year ended 30 April 2024
Aesthetics Lab Ltd
Unaudited accounts
Contents
Aesthetics Lab Ltd
Company Information
for the year ended 30 April 2024
Directors
Krasimira Georgieva Hutchins
Maria Marsha Starcevic
Muhammad Hanif Younus
Tania Zahoor
Company Number
9013722 (England and Wales)
Registered Office
128 Regents Park Road
London
NW1 8XL
GB
Aesthetics Lab Ltd
Statement of financial position
as at 30 April 2024
Intangible assets
3,647
5,470
Tangible assets
342,922
420,582
Cash at bank and in hand
45,860
38,114
Creditors: amounts falling due within one year
(286,862)
(195,507)
Net current liabilities
(180,633)
(87,087)
Total assets less current liabilities
165,936
338,965
Creditors: amounts falling due after more than one year
(358,726)
(407,999)
Net liabilities
(192,790)
(69,034)
Called up share capital
1,000
1,000
Profit and loss account
(193,790)
(70,034)
Shareholders' funds
(192,790)
(69,034)
For the year ending 30 April 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 31 January 2025 and were signed on its behalf by
Krasimira Georgieva Hutchins
Director
Company Registration No. 9013722
Aesthetics Lab Ltd
Notes to the Accounts
for the year ended 30 April 2024
Aesthetics Lab Ltd is a private company, limited by shares, registered in England and Wales, registration number 9013722. The registered office is 128 Regents Park Road, London, NW1 8XL, GB.
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
10% Straight Line Basis
Plant & machinery
20% Straight Line Basis
Fixtures & fittings
20% Straight Line Basis
Computer equipment
20% Straight Line Basis
Other tangible fixed assets
20% Straight Line Basis
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. 20% Straight Line Basis
4
Intangible fixed assets
Goodwill
Aesthetics Lab Ltd
Notes to the Accounts
for the year ended 30 April 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2023
198,578
650,666
62,409
22,971
934,624
Additions
-
113,820
-
-
113,820
At 30 April 2024
198,578
764,486
62,409
22,971
1,048,444
At 1 May 2023
45,205
431,423
20,016
17,398
514,042
Charge for the year
19,858
152,897
14,131
4,594
191,480
At 30 April 2024
65,063
584,320
34,147
21,992
705,522
At 30 April 2024
133,515
180,166
28,262
979
342,922
At 30 April 2023
153,373
219,243
42,393
5,573
420,582
Amounts falling due within one year
Accrued income and prepayments
-
443
Amounts falling due after more than one year
Accrued income and prepayments
23,185
61,297
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
40,000
-
Obligations under finance leases and hire purchase contracts
84,549
109,774
Taxes and social security
6,599
14,228
Other creditors
28,057
23,647
Loans from directors
(10,510)
6,823
Aesthetics Lab Ltd
Notes to the Accounts
for the year ended 30 April 2024
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
42,486
16,918
Taxes and social security
-
51
Loans from directors
232,907
227,697
9
Transactions with related parties
In January 2020, company has entered into a loan agreement with one of the Directors, Mr. M H
Younus, under which the company borrowed £100,000. The loan is payable after 4 years and bears
interest at 0%. The loan is unsecured and is included in the Other Creditors note above.
10
Average number of employees
During the year the average number of employees was 21 (2023: 22).