REGISTERED NUMBER: 10973419 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2024

for

So Aesthetics Bewdley Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr M P Davis

Mrs E M Davis

R J Grainger

Ms A Garside

Ms N A Kitchin

REGISTERED OFFICE:

39 St Dunstans Crescent

Worcester

WR5 2AF

REGISTERED NUMBER:

10973419 (England and Wales)

ACCOUNTANTS:

R J Francis & Co

Suites 1 & 2

Marshall Business Centre

Faraday Road

Hereford

Herefordshire

HR4 9NS

FIXED ASSETS

Intangible assets

4

37,500

-

Tangible assets

5

133,783

144,153

171,283

144,153

CURRENT ASSETS

Stocks

65,650

22,373

Debtors

6

36,167

11,234

Cash at bank and in hand

57,447

4,066

159,264

37,673

CREDITORS

Amounts falling due within one year

7

200,142

170,359

NET CURRENT LIABILITIES

(40,878

)

(132,686

)

TOTAL ASSETS LESS CURRENT LIABILITIES

130,405

11,467

CREDITORS

Amounts falling due after more than one year

8

(36,036

)

(65,929

)

PROVISIONS FOR LIABILITIES

(32,063

)

(36,038

)

NET ASSETS/(LIABILITIES)

62,306

(90,500

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

62,206

(90,600

)

62,306

(90,500

)

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.

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 16 September 2025 and were signed on its behalf by:

Dr M P Davis - Director

1.	STATUTORY INFORMATION

So Aesthetics Bewdley 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 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 2024, is being amortised evenly over its estimated useful life of five 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.

Plant and machinery

-

10% on cost and 10% on reducing balance

Fixtures and fittings

-

10% on cost

Motor vehicles

-

25% on reducing balance

Stocks

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

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.

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 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

45,000

At 30 September 2024

45,000

AMORTISATION

Charge for year

7,500

At 30 September 2024

7,500

NET BOOK VALUE

At 30 September 2024

37,500

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 October 2023

117,361

21,814

83,100

222,275

Additions

8,533

2,229

3,000

13,762

At 30 September 2024

125,894

24,043

86,100

236,037

DEPRECIATION

At 1 October 2023

23,390

9,676

45,056

78,122

Charge for year

11,534

2,337

10,261

24,132

At 30 September 2024

34,924

12,013

55,317

102,254

NET BOOK VALUE

At 30 September 2024

90,970

12,030

30,783

133,783

At 30 September 2023

93,971

12,138

38,044

144,153

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 October 2023

and 30 September 2024

85,000

DEPRECIATION

At 1 October 2023

8,500

Charge for year

7,650

At 30 September 2024

16,150

NET BOOK VALUE

At 30 September 2024

68,850

At 30 September 2023

76,500

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

as restated

£

£

Trade debtors

15,622

1,515

Other debtors

20,545

9,719

36,167

11,234

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

as restated

£

£

Bank loans and overdrafts

10,648

10,648

Hire purchase contracts

19,817

19,817

Trade creditors

-

450

Amounts owed to group undertakings

141,148

122,755

Taxation and social security

8,658

3,525

Other creditors

19,871

13,164

200,142

170,359

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

as restated

£

£

Bank loans

6,723

16,799

Hire purchase contracts

29,313

49,130

36,036

65,929

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

A director has an amount due to the company at the year end amounting to £6,373. This are considered repayable on demand and no interest is charged.