Company Registration No. 9730987 (England and Wales)
Aesthetic Works Limited
Unaudited accounts for filing with The Registrar
for the year ended 31 August 2024
Aesthetic Works Limited
Unaudited accounts for filing with The Registrar
Contents
Aesthetic Works Limited
Company Information
for the year ended 31 August 2024
Directors
Mr C Goddard
Mr J Widd
Company Number
9730987 (England and Wales)
Registered Office
Unit 4.01, The Tea Building
56 Shoreditch High Street
London
E1 6JJ
England
Accountants
Andrew Yaras & Co.
2 Fishpool Street
St Albans
Herts
AL3 4RT
Aesthetic Works Limited
Statement of financial position
as at 31 August 2024
Tangible assets
3,798
4,065
Cash at bank and in hand
6,931
20,845
Creditors: amounts falling due within one year
(4,331)
(19,479)
Net current assets
24,315
23,369
Total assets less current liabilities
28,113
27,434
Creditors: amounts falling due after more than one year
(25,739)
(25,277)
Called up share capital
100
100
Profit and loss account
2,274
2,057
Shareholders' funds
2,374
2,157
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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 29 May 2025 and were signed on its behalf by
Mr C Goddard
Director
Company Registration No. 9730987
Aesthetic Works Limited
Notes to the Accounts
for the year ended 31 August 2024
Aesthetic Works Limited is a private company, limited by shares, registered in England and Wales, registration number 9730987. The registered office is Unit 4.01, The Tea Building, 56 Shoreditch High Street, London, E1 6JJ, England.
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.
The accounts are presented in £ sterling which is the functional currency of the business.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation represents the sum of tax currently payable. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
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:
Computer equipment
20% on cost
Trade and other debtors are recognised at the transaction value, less any impairment.
Trade creditors are recognised at their transaction value. Other creditors are included at fair value.
Average number of employees
During the year the average number of employees including directors was 2 (2022: 2). The company's staff portfolio also includes of a number of external service providers and freelancers who do not meet the definition of employees disclosed above and in note 6.
Aesthetic Works Limited
Notes to the Accounts
for the year ended 31 August 2024
4
Tangible fixed assets
Total
At 1 September 2023
13,323
5
Transactions with related parties
During the year the company made a short term loan to a director of £21,300 (2023: £5,445). The loan is unsecured with interest at 2.25% per annum and is repayable on demand.
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).