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REGISTERED NUMBER: 09322975 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 23 MARCH 2024

FOR

SAIN BABA AESTHETICS LIMITED

SAIN BABA AESTHETICS LIMITED (REGISTERED NUMBER: 09322975)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 23 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

SAIN BABA AESTHETICS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 23 MARCH 2024







DIRECTORS: Dr V Gauba
Dr P K Gauba





REGISTERED OFFICE: 1st Floor
Chilworth point
1 Chilowrth Road
Southampton
Hampshire
SO167JQ





REGISTERED NUMBER: 09322975 (England and Wales)





ACCOUNTANTS: Rothmans LLP
1st Floor
Chilworth Point
1 Chilworth Road
Southampton
Hampshire
SO16 7JQ

SAIN BABA AESTHETICS LIMITED (REGISTERED NUMBER: 09322975)

BALANCE SHEET
23 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 179,394 132,217

CURRENT ASSETS
Stocks 17,550 18,850
Debtors 5 77,278 76,043
Cash at bank 73,122 109,570
167,950 204,463
CREDITORS
Amounts falling due within one year 6 122,976 156,312
NET CURRENT ASSETS 44,974 48,151
TOTAL ASSETS LESS CURRENT
LIABILITIES

224,368

180,368

CREDITORS
Amounts falling due after more than one
year

7

59,377

22,369
NET ASSETS 164,991 157,999

CAPITAL AND RESERVES
Called up share capital 120 1
Retained earnings 164,871 157,998
164,991 157,999

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 23 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 23 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 18 March 2025 and were signed on its behalf by:





Dr P K Gauba - Director


SAIN BABA AESTHETICS LIMITED (REGISTERED NUMBER: 09322975)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 23 MARCH 2024

1. STATUTORY INFORMATION

Sain Baba 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 fair value of the consideration received or receivable for the provision of aesthetics treatments, services and the sale of related products, stated after discounts and net of VAT.

Revenue from the provision of aesthetics treatments and services is recognised when the service has been fully rendered. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer.

Revenue is recognised when the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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 - 15% on cost
Fixtures and fittings - 33% on cost
Motor vehicles - 20% on cost
Computer equipment - 10% 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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

SAIN BABA AESTHETICS LIMITED (REGISTERED NUMBER: 09322975)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 23 MARCH 2024

2. ACCOUNTING POLICIES - continued

SHORT TERM DEBTORS AND CREDITORS
Debtors and creditors receivable and payable within one year or upon demand are recorded at transaction price whether or not a rate of interest is charged on the balance. Any losses arising from impairment are recognised in the income statement in other operating expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 24 March 2023 139,003 7,610 - 9,096 155,709
Additions - 871 87,340 - 88,211
At 23 March 2024 139,003 8,481 87,340 9,096 243,920
DEPRECIATION
At 24 March 2023 15,713 2,892 - 4,887 23,492
Charge for year 20,850 848 17,468 1,868 41,034
At 23 March 2024 36,563 3,740 17,468 6,755 64,526
NET BOOK VALUE
At 23 March 2024 102,440 4,741 69,872 2,341 179,394
At 23 March 2023 123,290 4,718 - 4,209 132,217

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by associates 74,177 74,177
Other debtors 3,101 1,866
77,278 76,043

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,244 10,000
Hire purchase contracts (see note 8) 13,174 -
Tax 63,904 119,471
Social security and other taxes 11,498 15,422
Directors' current accounts 11,352 1,771
Accrued expenses 12,804 9,648
122,976 156,312

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 10,429 10,000
Bank loans - 2-5 years 1,743 12,369
Hire purchase contracts (see note 8) 47,205 -
59,377 22,369

SAIN BABA AESTHETICS LIMITED (REGISTERED NUMBER: 09322975)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 23 MARCH 2024

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 13,174 -
Between one and five years 47,205 -
60,379 -

Non-cancellable operating leases
2024 2023
£    £   
Within one year 16,700 16,700
Between one and five years 43,412 59,842
60,112 76,542

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end an amount of £11,352 (2023: £1,771) was owed to the Directors. This amount is repayable on demand and no interest is charged.

10. RELATED PARTY DISCLOSURES

As at 31 March 2024, the company is owed an amount of £74,117.45 (2023: £74,177.45) from its associate, The Evolutions Clinic Ltd, which represents a receivable arising from the transactions conducted between the company and the associate in a prior period.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SAIN BABA AESTHETICS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sain Baba Aesthetics Limited for the year ended 23 March 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Sain Baba Aesthetics Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Sain Baba Aesthetics Limited and state those matters that we have agreed to state to the Board of Directors of Sain Baba Aesthetics Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sain Baba Aesthetics Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Sain Baba Aesthetics Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Sain Baba Aesthetics Limited. You consider that Sain Baba Aesthetics Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Sain Baba Aesthetics Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Rothmans LLP
Chilworth Point
1 Chilworth Road
Southampton
Hampshire
SO16 7JQ


Date: .............................................