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REGISTERED NUMBER: 04506195 (England and Wales)















Expressions of Beauty Limited

Unaudited Financial Statements for the Year Ended 31 October 2024






Expressions of Beauty Limited (Registered number: 04506195)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Expressions of Beauty Limited

Company Information
for the Year Ended 31 October 2024







Directors: Audrey Critchley
Sharon Louise Lee





Registered office: 161 Main Street
Billinge
Wigan
Lancashire
WN5 7PA





Registered number: 04506195 (England and Wales)





Accountants: Leach Briely
Craven House
32 Lee Lane
Horwich
Bolton
Greater Manchester
BL6 7BY

Expressions of Beauty Limited (Registered number: 04506195)

Statement of Financial Position
31 October 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Intangible assets 4 25,000 25,000
Tangible assets 5 265,888 270,989
290,888 295,989

Current assets
Stocks 63,613 58,237
Debtors 6 6,129 2,000
Cash at bank and in hand 51,199 30,818
120,941 91,055
Creditors
Amounts falling due within one year 7 182,364 158,248
Net current liabilities (61,423 ) (67,193 )
Total assets less current liabilities 229,465 228,796

Creditors
Amounts falling due after more than
one year

8

(85,780

)

(98,985

)

Provisions for liabilities 10 (4,928 ) (4,254 )
Net assets 138,757 125,557

Expressions of Beauty Limited (Registered number: 04506195)

Statement of Financial Position - continued
31 October 2024

2024 2023
Notes £    £    £    £   
Capital and reserves
Called up share capital 11 200 200
Retained earnings 138,557 125,357
Shareholders' funds 138,757 125,557

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2025 and were signed on its behalf by:





Sharon Louise Lee - Director


Expressions of Beauty Limited (Registered number: 04506195)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. Statutory information

Expressions of Beauty 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 total invoice value, excluding Value Added Tax, of beauty therapy product sales and services provided by the company during the year.

Goodwill
Amortisation of goodwill has not been provided for by the company as in the opinion of the directors it has an indefinite useful economic life. This accounting policy departs from the requirements of FRS 102 to amortise goodwill over a finite period. The effect of the departure is that amortisation as required by the requirements of FRS 102 has not been accounted for. If amortisation had been accounted for the charge for the year would have amounted to £2,500 and the profit for the year reduced accordingly.

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.
Freehold property - over 50 years
Fixtures and fittings - 20% on reducing balance

Tangible assets are initially recorded at cost and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Stocks
Stock is measured at cost.

Financial instruments
The company only enters into basic financial instruments that result in the recognition of the financial assets and liabilities such as trade and other debtors and creditors. These are measured at amortised cost and assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.


Expressions of Beauty Limited (Registered number: 04506195)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

2. Accounting policies - continued
Taxation
The taxation expense represents the aggregate amount of current tax recognised in the reporting year . Tax is recognised in the statement of income and retained earnings. Current tax is recognised on taxable profit for the current year.

Current tax is measured at the amounts of tax expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
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.

3. Employees and directors

The average number of employees during the year was 13 (2023 - 10 ) .

4. Intangible fixed assets
Goodwill
£   
Cost
At 1 November 2023
and 31 October 2024 25,000
Net book value
At 31 October 2024 25,000
At 31 October 2023 25,000

Expressions of Beauty Limited (Registered number: 04506195)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

5. Tangible fixed assets
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
Cost
At 1 November 2023 264,033 102,858 1,037 367,928
Additions - 833 - 833
At 31 October 2024 264,033 103,691 1,037 368,761
Depreciation
At 1 November 2023 15,436 81,445 58 96,939
Charge for year 1,307 4,282 345 5,934
At 31 October 2024 16,743 85,727 403 102,873
Net book value
At 31 October 2024 247,290 17,964 634 265,888
At 31 October 2023 248,597 21,413 979 270,989

6. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 655 589
Other debtors 5,474 1,411
6,129 2,000

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 13,018 13,015
Trade creditors 5,541 4,171
Taxation and social security 35,684 23,804
Other creditors 128,121 117,258
182,364 158,248

8. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans 85,780 98,985

Expressions of Beauty Limited (Registered number: 04506195)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

8. Creditors: amounts falling due after more than one year - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 49,926 50,484

9. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 5,788 22,606
Between one and five years 2,329 15,316
8,117 37,922

10. Provisions for liabilities
2024 2023
£    £   
Deferred tax 4,928 4,254

Deferred
tax
£   
Balance at 1 November 2023 4,254
Charge to Statement of Income and Retained Earnings during year 674
Balance at 31 October 2024 4,928

11. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 200 200