Registration number: 10451638

Prime Aesthetics Clinic Ltd

Statement of Financial Position as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	20,311	30,201
Current assets
Stocks	5	35,164	37,528
Debtors	6	14,996	15,598
Cash at bank and in hand		52	47,753
		50,212	100,879
Creditors: Amounts falling due within one year	7	(43,967)	(35,602)
Net current assets		6,245	65,277
Total assets less current liabilities		26,556	95,478
Creditors: Amounts falling due after more than one year	7	(182,349)	(195,011)
Net liabilities		(155,793)	(99,533)
Capital and reserves
Called up share capital		1	1
Retained earnings		(155,794)	(99,534)
Shareholders' deficit		(155,793)	(99,533)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The directors of Prime Aesthetics Clinic Ltd have elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Prime Aesthetics Clinic Ltd

Statement of Financial Position as at 31 March 2025

Approved and authorised by the Board on 28 August 2025 and signed on its behalf by:
 

.........................................

Mr T Salahi

Director

.........................................

Mrs F Salahi

Director

Company registration number: 10451638

Prime Aesthetics Clinic Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Brebners
1 Suffolk Way
Sevenoaks
Kent
TN13 1YL

The principal activity of the company is that of the provision of beauty treatments.

2	Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The company made a loss for the year ended 31 March 2025 and had net liabilities at that date amounting to £155,793. The company had net current assets of £6,245 at 31 March 2025 and the directors are hopeful of a return to profitability in the forthcoming year and that the company will continue to be able to meet its obligations.

Having made enquiries the directors have reasonable expectation that the company has adequate resources to remain in operational existence for the foreseeable future. Accordingly, the directors continue to prepare the
financial statements on the going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the and provision of beauty treatments in the ordinary course of the company’s activities. Turnover is shown net of value added tax rebates and discounts.

The company recognises revenue at the point that the beauty treatments are provided.

Prime Aesthetics Clinic Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

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
Furniture and fixtures	20% straight line
Medical equipment	20% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Prime Aesthetics Clinic Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company during the year was 6 (2024 - 2).

4	Tangible assets

	Furniture and fixtures £	Medical equipment £	Total £
Cost or valuation
At 1 April 2024	52,545	22,029	74,574
At 31 March 2025	52,545	22,029	74,574
Depreciation
At 1 April 2024	34,391	9,982	44,373
Charge for the year	6,856	3,034	9,890
At 31 March 2025	41,247	13,016	54,263
Carrying amount
At 31 March 2025	11,298	9,013	20,311
At 31 March 2024	18,154	12,047	30,201

5

Stocks

	2025 £	2024 £
Stock	35,164	37,528

Prime Aesthetics Clinic Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Debtors

	2025 £	2024 £
Trade debtors	2,900	3,244
Other debtors	12,096	12,354
	14,996	15,598

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Loans and borrowings	8	27,932	11,617
Taxation and social security		6,357	14,195
Other creditors		9,678	9,790
		43,967	35,602

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Loans and borrowings	8	182,349	195,011