Company Registration No. 14305091 (England and Wales)
LN BEAUTY LTD
Unaudited accounts
for the year ended 31 August 2024
LN BEAUTY LTD
Unaudited accounts
Contents
LN BEAUTY LTD
Company Information
for the year ended 31 August 2024
Directors
Katarzyna Michalina MCILROY
Robert Thomas Joseph MCILROY
Company Number
14305091 (England and Wales)
Registered Office
5 Gagetown Terrace
Invicta Park
Maidstone
ME14 2PP
LN BEAUTY LTD
Statement of financial position
as at 31 August 2024
Intangible assets
5,291
6,587
Tangible assets
11,722
26,066
Cash at bank and in hand
7,758
16,830
Creditors: amounts falling due within one year
(78,631)
(81,129)
Net current liabilities
(60,560)
(52,495)
Net liabilities
(43,547)
(19,842)
Profit and loss account
(43,547)
(19,842)
Shareholders' funds
(43,547)
(19,842)
For the year ending 31 August 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 26 February 2025 and were signed on its behalf by
Katarzyna Michalina MCILROY
Director
Company Registration No. 14305091
LN BEAUTY LTD
Notes to the Accounts
for the year ended 31 August 2024
LN BEAUTY LTD is a private company, limited by shares, registered in England and Wales, registration number 14305091. The registered office is 5 Gagetown Terrace, Invicta Park, Maidstone, ME14 2PP.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
LN BEAUTY LTD
Notes to the Accounts
for the year ended 31 August 2024
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2023
28,553
580
29,133
At 31 August 2024
28,553
580
29,133
At 1 September 2023
2,632
435
3,067
Charge for the year
14,199
145
14,344
At 31 August 2024
16,831
580
17,411
At 31 August 2024
11,722
-
11,722
At 31 August 2023
25,921
145
26,066
Amounts falling due within one year
Accrued income and prepayments
250
-
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,974
2,269
Other creditors
12,556
5,349
Loans from directors
52,260
66,975
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Average number of employees
During the year the average number of employees was 0 (2023: 0).