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REGISTERED NUMBER: 10978722 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 June 2024

for

LW Cosmetics Ltd

LW Cosmetics Ltd (Registered number: 10978722)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LW Cosmetics Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Mrs S Lewis





REGISTERED OFFICE: 70 Commercial Street
Mountain Ash
RCT
CF45 3PW





REGISTERED NUMBER: 10978722 (England and Wales)





ACCOUNTANTS: C Hergest Ltd
AAT Licensed Accountant
28 High Street
Aberdare
RCT
CF44 7AA

LW Cosmetics Ltd (Registered number: 10978722)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,289 11,468

CURRENT ASSETS
Stocks 5 850 1,325
Debtors 6 8,500 3,500
Cash at bank and in hand 702 234
10,052 5,059
CREDITORS
Amounts falling due within one year 7 10,244 5,762
NET CURRENT LIABILITIES (192 ) (703 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,097

10,765

CREDITORS
Amounts falling due after more than one
year

8

9,369

9,010
NET (LIABILITIES)/ASSETS (5,272 ) 1,755

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 9 (5,372 ) 1,655
SHAREHOLDERS' FUNDS (5,272 ) 1,755

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

LW Cosmetics Ltd (Registered number: 10978722)

Balance Sheet - continued
30 June 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 3 February 2025 and were signed by:





Mrs S Lewis - Director


LW Cosmetics Ltd (Registered number: 10978722)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

LW Cosmetics Ltd 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.
Plant and machinery - 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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 July 2023 26,555
Disposals (6,000 )
At 30 June 2024 20,555
DEPRECIATION
At 1 July 2023 15,087
Charge for year 3,579
Eliminated on disposal (2,400 )
At 30 June 2024 16,266
NET BOOK VALUE
At 30 June 2024 4,289
At 30 June 2023 11,468

5. STOCKS
30.6.24 30.6.23
£    £   
Stocks 850 1,325

LW Cosmetics Ltd (Registered number: 10978722)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

6. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Other debtors 8,500 3,500

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 6,448 2,126
Social security and other taxes 1,719 2,409
Directors' current accounts 207 92
Accrued expenses 1,870 1,135
10,244 5,762

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans - 2-5 years 9,369 9,010

9. RESERVES
Retained
earnings
£   

At 1 July 2023 1,655
Deficit for the year (7,027 )
At 30 June 2024 (5,372 )