Company Registration No. 11359810 (England and Wales)
The Shore Skin Clinic Ltd
Unaudited accounts
for the year ended 31 May 2024
The Shore Skin Clinic Ltd
Unaudited accounts
Contents
The Shore Skin Clinic Ltd
Company Information
for the year ended 31 May 2024
Directors
Dr Rebecca Norman
Benjamin Norman
Company Number
11359810 (England and Wales)
Registered Office
28 Singleton Crescent
Ferring
Worthing
BN12 5DG
England
Accountants
striveX Ltd
Beacon House
Ibstone Road
Stokenchurch
Buckinghamshire
HP14 3FE
The Shore Skin Clinic Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
42,048
58,806
Cash at bank and in hand
223,833
359,985
Creditors: amounts falling due within one year
(58,083)
(45,506)
Net current assets
187,687
335,871
Net assets
229,735
394,677
Called up share capital
100
50
Profit and loss account
229,635
394,627
Shareholders' funds
229,735
394,677
For the year ending 31 May 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 11 October 2024 and were signed on its behalf by
Dr Rebecca Norman
Director
Company Registration No. 11359810
The Shore Skin Clinic Ltd
Notes to the Accounts
for the year ended 31 May 2024
The Shore Skin Clinic Ltd is a private company, limited by shares, registered in England and Wales, registration number 11359810. The registered office is 28 Singleton Crescent, Ferring, Worthing, BN12 5DG, England.
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% staight line
Plant & machinery
25% straight line
Motor vehicles
20% straight line
Computer equipment
20% straight line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
The Shore Skin Clinic Ltd
Notes to the Accounts
for the year ended 31 May 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2023
16,560
33,329
43,641
-
93,530
Additions
-
-
-
1,808
1,808
At 31 May 2024
16,560
33,329
43,641
1,808
95,338
At 1 June 2023
1,656
15,612
17,456
-
34,724
Charge for the year
1,656
7,820
8,728
362
18,566
At 31 May 2024
3,312
23,432
26,184
362
53,290
At 31 May 2024
13,248
9,897
17,457
1,446
42,048
At 31 May 2023
14,904
17,717
26,185
-
58,806
Amounts falling due within one year
Accrued income and prepayments
1,937
1,392
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,008
3,017
Taxes and social security
46,237
38,701
Loans from directors
-
386
The company contributed to a money purchase personal pension scheme with St James's PLC. 2024 - 70,545 (2023 - £48,500 )
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).