IRIS Accounts Production v24.3.2.46 04812353 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh048123532023-06-30048123532024-06-30048123532023-07-012024-06-30048123532022-06-30048123532022-07-012023-06-30048123532023-06-3004812353ns15:EnglandWales2023-07-012024-06-3004812353ns14:PoundSterling2023-07-012024-06-3004812353ns10:Director12023-07-012024-06-3004812353ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3004812353ns10:SmallEntities2023-07-012024-06-3004812353ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3004812353ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3004812353ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3004812353ns10:FullAccounts2023-07-012024-06-300481235312023-07-012024-06-3004812353ns10:Director22023-07-012024-06-3004812353ns10:CompanySecretary12023-07-012024-06-3004812353ns10:RegisteredOffice2023-07-012024-06-3004812353ns5:CurrentFinancialInstruments2024-06-3004812353ns5:CurrentFinancialInstruments2023-06-3004812353ns5:Non-currentFinancialInstruments2024-06-3004812353ns5:Non-currentFinancialInstruments2023-06-3004812353ns5:ShareCapital2024-06-3004812353ns5:ShareCapital2023-06-3004812353ns5:RetainedEarningsAccumulatedLosses2024-06-3004812353ns5:RetainedEarningsAccumulatedLosses2023-06-3004812353ns5:NetGoodwill2023-07-012024-06-3004812353ns5:PlantMachinery2023-07-012024-06-3004812353ns5:FurnitureFittings2023-07-012024-06-3004812353ns5:MotorVehicles2023-07-012024-06-3004812353ns5:ComputerEquipment2023-07-012024-06-3004812353ns5:NetGoodwill2023-06-3004812353ns5:NetGoodwill2024-06-3004812353ns5:NetGoodwill2023-06-3004812353ns5:PlantMachinery2023-06-3004812353ns5:FurnitureFittings2023-06-3004812353ns5:MotorVehicles2023-06-3004812353ns5:ComputerEquipment2023-06-3004812353ns5:PlantMachinery2024-06-3004812353ns5:FurnitureFittings2024-06-3004812353ns5:MotorVehicles2024-06-3004812353ns5:ComputerEquipment2024-06-3004812353ns5:PlantMachinery2023-06-3004812353ns5:FurnitureFittings2023-06-3004812353ns5:MotorVehicles2023-06-3004812353ns5:ComputerEquipment2023-06-3004812353ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3004812353ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-3004812353ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-06-3004812353ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-06-3004812353ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-06-3004812353ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-06-30
REGISTERED NUMBER: 04812353 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

EAST END COSMETICS LIMITED

EAST END COSMETICS LIMITED (REGISTERED NUMBER: 04812353)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EAST END COSMETICS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: S A Bhanji
A Bhanji





SECRETARY: S A Bhanji





REGISTERED OFFICE: 131 Middlesex Street
London
E1 7JS





REGISTERED NUMBER: 04812353 (England and Wales)





ACCOUNTANTS: Macalvins Limited
Chartered Accountants
7 St John's Road
Harrow
Middlesex
HA1 2EY

EAST END COSMETICS LIMITED (REGISTERED NUMBER: 04812353)

BALANCE SHEET
30 JUNE 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 21,245 40,748
Tangible assets 5 2,654 4,240
23,899 44,988

CURRENT ASSETS
Stocks 515,807 475,250
Debtors 6 73,375 174,305
Cash in hand 886 821
590,068 650,376
CREDITORS
Amounts falling due within one year 7 572,927 612,565
NET CURRENT ASSETS 17,141 37,811
TOTAL ASSETS LESS CURRENT LIABILITIES 41,040 82,799

CREDITORS
Amounts falling due after more than one year 8 15,091 22,140
NET ASSETS 25,949 60,659

CAPITAL AND RESERVES
Called up share capital 25,000 25,000
Retained earnings 949 35,659
SHAREHOLDERS' FUNDS 25,949 60,659

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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 March 2025 and were signed on its behalf by:





S A Bhanji - Director


EAST END COSMETICS LIMITED (REGISTERED NUMBER: 04812353)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

East End Cosmetics 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 the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 20 years.

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 - 25% reducing balance
Fixtures and fittings - 25% reducing balance
Motor vehicles - 25% on cost
Computer equipment - 33% 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.

Financial instruments
Financial assets and liabilities are recognised in the Company's balance sheet when the company becomes a party to the contractual provisions of the instrument.

Loans and Borrowings
Loans and borrowings are measured initially at fair value, net of transaction costs and are measured subsequently at amortised cost using the effective interest method.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

EAST END COSMETICS LIMITED (REGISTERED NUMBER: 04812353)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 390,052
AMORTISATION
At 1 July 2023 349,304
Amortisation for year 19,503
At 30 June 2024 368,807
NET BOOK VALUE
At 30 June 2024 21,245
At 30 June 2023 40,748

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2023
and 30 June 2024 63,419 63,802 4,000 2,552 133,773
DEPRECIATION
At 1 July 2023 61,566 62,502 4,000 1,465 129,533
Charge for year 463 325 - 798 1,586
At 30 June 2024 62,029 62,827 4,000 2,263 131,119
NET BOOK VALUE
At 30 June 2024 1,390 975 - 289 2,654
At 30 June 2023 1,853 1,300 - 1,087 4,240

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 36,727 78,146
Amounts owed by related companies 33,502 96,159
Other debtors 3,146 -
73,375 174,305

EAST END COSMETICS LIMITED (REGISTERED NUMBER: 04812353)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts (see note 9) 22,766 11,884
Trade creditors 7,020 5,795
Amounts owed to related companies 232,359 199,395
Taxation and social security - 27,488
Other creditors 310,782 368,003
572,927 612,565

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans (see note 9) 15,091 22,140

9. LOANS

An analysis of the maturity of loans is given below:

30.6.24 30.6.23
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 17,736 2,647
Bank loans 5,030 7,380
Suspense - 1,857
Other loans within one year - 5,796
22,766 17,680

Amounts falling due between one and two years:
Bank loans - 1-2 years 5,030 7,380

Amounts falling due between two and five years:
Bank loans - 2-5 years 10,061 14,760

EAST END COSMETICS LIMITED (REGISTERED NUMBER: 04812353)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

10. RELATED PARTY DISCLOSURES

At the balance sheet date, the following balances were outstanding in respect of companies where the directors have beneficial interest and where the company directors are also the directors:-
2024 2023
£    £   
Debtors:
Apex Trading Limited - 62,657
Fiza Limited 33,502 33,502
33,502 96,159

Creditors:
Cosmac Limited 14,826 21,476
Baronstar Limited 160,928 177,919
Apex Trading Limited 56,605 -
232,359 199,395


The amounts due are interest free and there are no specific terms of repayment.

Included within other creditors as at year end is £306,882 (2023: £314,418), an amount owed to the directors of the company. The amount owed is unsecured and there are no specific terms to the repayment of this amount.