Company Registration No. 13984206 (England and Wales)
Guise & Dolls Medispa Ltd
Unaudited accounts
for the year ended 31 March 2024
Guise & Dolls Medispa Ltd
Unaudited accounts
Contents
Guise & Dolls Medispa Ltd
Company Information
for the year ended 31 March 2024
Directors
Sarah-Jayne Armstrong
Alba Pomes Magraner
Company Number
13984206 (England and Wales)
Accountants
JK Business Services Ltd
Axwell House
2 Westerton Road
Broxburn
West Lothian
EH52 5AU
Guise & Dolls Medispa Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
4,478
Creditors: amounts falling due within one year
(14,000)
Total assets less current liabilities
54,319
Creditors: amounts falling due after more than one year
(36,134)
Provisions for liabilities
Profit and loss account
13,940
Shareholders' funds
13,946
For the year ending 31 March 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 28 January 2025 and were signed on its behalf by
Sarah-Jayne Armstrong
Director
Company Registration No. 13984206
Guise & Dolls Medispa Ltd
Notes to the Accounts
for the year ended 31 March 2024
Guise & Dolls Medispa Ltd is a private company, limited by shares, registered in England and Wales, registration number 13984206.
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 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:
Plant & machinery
15% Straight-Line
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Guise & Dolls Medispa Ltd
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
Bank loans and overdrafts
3,700
Obligations under finance leases and hire purchase contracts
10,300
7
Creditors: amounts falling due after more than one year
2024
Obligations under finance leases and hire purchase contracts
20,910
8
Transactions with related parties
During the year, the company loaned a total of £15,632 to Guise & Dolls, a sole trader business operated by the director Sarah-Jayne Armstrong. The sole trader business was acquired by this company on 1 July 2024 at which time the debt was extinguished.
The company also operated loan accounts during the year with its two directors. At the balance sheet date the following amounts were due to the company by the directors - SJ Armstrong £620; AP Magraner £654
All theses balances are included in the figure for Other Debtors per Note 5 above.
9
Average number of employees
During the year the average number of employees was 2.