Registered number
10524631
After The Rain Health & Beauty Ltd
Filleted Accounts
31 January 2025
After The Rain Health & Beauty Ltd
Registered number: 10524631
Balance Sheet
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 4 23,436 27,554
Current assets
Stocks 10,756 14,346
Debtors 5 1,809 1,759
Cash at bank and in hand 30,714 40,109
43,279 56,214
Creditors: amounts falling due within one year 6 (25,007) (32,538)
Net current assets 18,272 23,676
Total assets less current liabilities 41,708 51,230
Creditors: amounts falling due after more than one year 7 (1,133) (4,533)
Provisions for liabilities (3,958) (4,604)
Net assets 36,617 42,093
Capital and reserves
Called up share capital 100 100
Profit and loss account 36,517 41,993
Shareholder's funds 36,617 42,093
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Ms C Virgo
Director
Approved by the board on 12 May 2025
After The Rain Health & Beauty Ltd
Notes to the Accounts
for the year ended 31 January 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and equipment over 4 & 10 years
Leasehold improvements over 10 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company, including the director. 7 6
3 Intangible fixed assets £
Goodwill:
Cost
At 1 February 2024 10,400
At 31 January 2025 10,400
Amortisation
At 1 February 2024 10,400
At 31 January 2025 10,400
Net book value
At 31 January 2025 -
Goodwill has been written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Leasehold improvements Plant and machinery etc Total
£ £ £
Cost
At 1 February 2024 5,700 91,222 96,922
Additions - 2,313 2,313
Disposals - (391) (391)
At 31 January 2025 5,700 93,144 98,844
Depreciation
At 1 February 2024 3,183 66,185 69,368
Charge for the year 570 5,512 6,082
On disposals - (42) (42)
At 31 January 2025 3,753 71,655 75,408
Net book value
At 31 January 2025 1,947 21,489 23,436
At 31 January 2024 2,517 25,037 27,554
5 Debtors 2025 2024
£ £
Other debtors 1,809 1,759
6 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 3,400 3,400
Trade creditors 3,387 176
Taxation and social security costs 15,999 16,955
Other creditors 2,221 12,007
25,007 32,538
7 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 1,133 4,533
8 Other information
After The Rain Health & Beauty Ltd is a private company limited by shares and incorporated in England. Its registered office is:
8 Blue Barns Business Park
Old Ipswich Road, Ardleigh
Colchester
Essex
CO7 7FX
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