Registered number
04339051
Beauty Works (Cheshire) Limited
Filleted Accounts
31 March 2025
Beauty Works (Cheshire) Limited
Registered number: 04339051
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 4 66,612 49,344
Current assets
Stocks 41,638 46,119
Cash at bank and in hand 13,218 40,055
54,856 86,174
Creditors: amounts falling due within one year 5 (95,537) (106,109)
Net current liabilities (40,681) (19,935)
Total assets less current liabilities 25,931 29,409
Creditors: amounts falling due after more than one year 6 (23,611) (29,166)
Net assets 2,320 243
Capital and reserves
Called up share capital 2 2
Profit and loss account 2,318 241
Shareholder's funds 2,320 243
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.
Nia Bourne
Director
Approved by the board on 5 June 2025
Beauty Works (Cheshire) Limited
Notes to the Accounts
for the year ended 31 March 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 machinery 18% reducing balance
Fixtures and fittings 18% reducing balance
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.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 10 12
3 Intangible fixed assets £
Goodwill:
Cost
At 1 April 2024 149,711
At 31 March 2025 149,711
Amortisation
At 1 April 2024 149,711
At 31 March 2025 149,711
Net book value
At 31 March 2025 -
Goodwill is being written off in equal annual instalments over its estimated economic life.
4 Tangible fixed assets
Plant and machinery etc Fixtures and fittings Total
£ £ £
Cost
At 1 April 2024 589,826 15,003 604,829
Additions 25,573 7,022 32,595
At 31 March 2025 615,399 22,025 637,424
Depreciation
At 1 April 2024 546,953 8,532 555,485
Charge for the year 12,898 2,429 15,327
At 31 March 2025 559,851 10,961 570,812
Net book value
At 31 March 2025 55,548 11,064 66,612
At 31 March 2024 42,873 6,471 49,344
5 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 5,556 5,556
Trade creditors 7,292 6,877
Taxation and social security costs 20,175 55,075
Other creditors 62,514 38,601
95,537 106,109
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 23,611 29,166
7 Other information
Beauty Works (Cheshire) Limited is a private company limited by shares and incorporated in England. Its registered office is:
18 London Road
Alderley Edge
Cheshire
SK9 7JS
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