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REGISTERED NUMBER: 08432222 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Face Models Limited

Face Models Limited (Registered number: 08432222)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Face Models Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: V L Cockroft





SECRETARY:





REGISTERED OFFICE: Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS





REGISTERED NUMBER: 08432222 (England and Wales)





ACCOUNTANTS: Horley Green Chartered Accountants
Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS

Face Models Limited (Registered number: 08432222)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 142,546 35,720

CURRENT ASSETS
Debtors 5 206,791 218,217
Cash at bank 117,173 150,038
323,964 368,255
CREDITORS
Amounts falling due within one year 6 249,375 221,807
NET CURRENT ASSETS 74,589 146,448
TOTAL ASSETS LESS CURRENT
LIABILITIES

217,135

182,168

CREDITORS
Amounts falling due after more than one year 7 (116,088 ) (57,654 )

PROVISIONS FOR LIABILITIES (9,790 ) (6,787 )
NET ASSETS 91,257 117,727

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 91,256 117,726
SHAREHOLDERS' FUNDS 91,257 117,727

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 25 April 2025 and were signed by:





V L Cockroft - Director


Face Models Limited (Registered number: 08432222)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

Face Models 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.

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 represents the net amount receivable for goods supplied and services provided, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 25% on cost

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 11 ) .

Face Models Limited (Registered number: 08432222)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2024 10,289 38,333 4,670 53,292
Additions 3,821 110,999 4,136 118,956
At 31 March 2025 14,110 149,332 8,806 172,248
DEPRECIATION
At 1 April 2024 9,708 3,194 4,670 17,572
Charge for year 1,034 11,096 - 12,130
At 31 March 2025 10,742 14,290 4,670 29,702
NET BOOK VALUE
At 31 March 2025 3,368 135,042 4,136 142,546
At 31 March 2024 581 35,139 - 35,720

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 206,791 218,217

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 118,351 126,965
Tax 10,131 11,172
VAT 67,847 53,087
Directors' loan accounts 51,557 29,094
Accrued expenses 1,489 1,489
249,375 221,807

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts 104,421 35,987
Other creditors 11,667 21,667
116,088 57,654

8. RELATED PARTY DISCLOSURES

The company is controlled by the company director.