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REGISTERED NUMBER: 07592827 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 September 2024

for

HERA BEAUTY LTD

HERA BEAUTY LTD (Registered number: 07592827)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HERA BEAUTY LTD

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mrs Kathryn Ruth Kennedy
Mr Andrew Martin Kennedy





SECRETARY: Mrs Kathryn Ruth Kennedy





REGISTERED OFFICE: Unit 11 Coningsby Park
Coningsby Road
Peterborough
Cambridgeshire
PE3 8SB





REGISTERED NUMBER: 07592827 (England and Wales)





ACCOUNTANTS: Cansdales Business Advisers Limited
St Mary's Court
The Broadway
Old Amersham
Bucks
HP7 0UT

HERA BEAUTY LTD (Registered number: 07592827)

Balance Sheet
30 September 2024

2024 2023
Notes £    £   
Fixed assets
Intangible assets 3 20,000 -
Tangible assets 4 208,476 304,985
228,476 304,985

Current assets
Stocks 843,340 672,651
Debtors 5 1,139,191 645,696
Investments 6 1,601,335 2,369,929
Cash at bank 239,932 409,023
3,823,798 4,097,299
Creditors
Amounts falling due within one year 7 (1,486,371 ) (1,433,059 )
Net current assets 2,337,427 2,664,240
Total assets less current liabilities 2,565,903 2,969,225

Provisions for liabilities (21,076 ) (45,204 )
Net assets 2,544,827 2,924,021

Capital and reserves
Called up share capital 100 100
Retained earnings 2,544,727 2,923,921
2,544,827 2,924,021

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

HERA BEAUTY LTD (Registered number: 07592827)

Balance Sheet - continued
30 September 2024


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 27 June 2025 and were signed on its behalf by:





Mr Andrew Martin Kennedy - Director


HERA BEAUTY LTD (Registered number: 07592827)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. 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.

Going concern
The financial statements have been prepared on a going concern basis.

Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision
of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax,
returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

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
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction
over their estimated useful lives, as follows:
Asset class Depreciation method and rate
Office equipment 20% Straight line
Furniture and fittings 20% Straight line
Plant and machinery 20% Straight line
Long leasehold 20% Straight line

STOCKS
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.


HERA BEAUTY LTD (Registered number: 07592827)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

1. ACCOUNTING POLICIES - continued
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.

HIRE PURCHASE AND LEASING COMMITMENTS
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 42 (2023 - 37 ) .

3. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 20,000
NET BOOK VALUE
At 30 September 2024 20,000
At 30 September 2023 20,000

HERA BEAUTY LTD (Registered number: 07592827)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 October 2023 104,689 368,927 138,443
Additions - 36,284 460
Reclassification/transfer - 1,032 (1,032 )
At 30 September 2024 104,689 406,243 137,871
DEPRECIATION
At 1 October 2023 80,350 197,386 67,309
Charge for year 20,937 74,191 25,926
At 30 September 2024 101,287 271,577 93,235
NET BOOK VALUE
At 30 September 2024 3,402 134,666 44,636
At 30 September 2023 24,339 171,541 71,134

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2023 45,301 17,626 674,986
Additions - - 36,744
Reclassification/transfer - - -
At 30 September 2024 45,301 17,626 711,730
DEPRECIATION
At 1 October 2023 13,281 11,675 370,001
Charge for year 9,060 3,139 133,253
At 30 September 2024 22,341 14,814 503,254
NET BOOK VALUE
At 30 September 2024 22,960 2,812 208,476
At 30 September 2023 32,020 5,951 304,985

HERA BEAUTY LTD (Registered number: 07592827)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
Reclassification/transfer (1,548 ) 1,548 -
At 30 September 2024 (1,548 ) 1,548 -
NET BOOK VALUE
At 30 September 2024 (1,548 ) 1,548 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 576,896 514,261
Amounts owed by group undertakings 433,140 5,000
Other debtors 129,155 126,435
1,139,191 645,696

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Investments 1,601,335 2,369,929

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 595,301 366,013
Taxation and social security 479,377 456,174
Other creditors 411,693 610,872
1,486,371 1,433,059