2023-10-01 2024-09-30 false Capium Accounts Production 1.1 08696563 2023-10-01 2024-09-30 08696563 bus:FullAccounts 2023-10-01 2024-09-30 08696563 bus:FRS102 2023-10-01 2024-09-30 08696563 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 08696563 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 08696563 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 08696563 2023-10-01 2024-09-30 08696563 2024-09-30 08696563 bus:RegisteredOffice 2023-10-01 2024-09-30 08696563 core:WithinOneYear 2024-09-30 08696563 core:AfterOneYear 2024-09-30 08696563 1 2023-10-01 2024-09-30 08696563 bus:Director1 2023-10-01 2024-09-30 08696563 bus:Director1 2024-09-30 08696563 bus:Director1 2022-10-01 2023-09-30 08696563 2022-10-01 08696563 bus:LeadAgentIfApplicable 2023-10-01 2024-09-30 08696563 2022-10-01 2023-09-30 08696563 2023-09-30 08696563 core:WithinOneYear 2023-09-30 08696563 core:AfterOneYear 2023-09-30 08696563 bus:EntityAccountantsOrAuditors 2022-10-01 2023-09-30 08696563 core:PlantMachinery 2023-10-01 2024-09-30 08696563 core:PlantMachinery 2024-09-30 08696563 core:PlantMachinery 2023-09-30 08696563 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-09-30 08696563 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-09-30 08696563 core:CostValuation core:Non-currentFinancialInstruments 2024-09-30 08696563 core:CostValuation core:Non-currentFinancialInstruments 2023-09-30 08696563 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-09-30 08696563 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-09-30 08696563 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-09-30 08696563 core:Non-currentFinancialInstruments 2024-09-30 08696563 core:Non-currentFinancialInstruments 2023-09-30 08696563 core:ShareCapital 2024-09-30 08696563 core:ShareCapital 2023-09-30 08696563 core:RetainedEarningsAccumulatedLosses 2024-09-30 08696563 core:RetainedEarningsAccumulatedLosses 2023-09-30 08696563 dpl:Item1 2023-10-01 08696563 dpl:Item1 2024-09-30 08696563 dpl:Item1 2022-10-01 08696563 dpl:Item1 2023-09-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 08696563


 

 

 

VIBE COSMETIC LTD



Unaudited Financial Statements
 


Period of accounts

Start date: 01 October 2023

End date: 30 September 2024
 
 		 Notes
 		 30/09/2024
£		   30/09/2023
£
Fixed assets      
Tangible fixed assets 3 586    714 
586    714 
Current assets      
Stocks 4 59,235    61,650 
Cash at bank and in hand 4,622    17,609 
63,857    79,259 
Creditors: amount falling due within one year 5 (109,100)   (83,878)
Net current assets (45,243)   (4,619)
 
Total assets less current liabilities (44,657)   (3,905)
Creditors: amount falling due after more than one year 6 (41,925)   (57,138)
Net assets (86,582)   (61,043)
 

Capital and reserves 		     
Called up share capital 1    1 
Profit and loss account (86,583)   (61,044)
Shareholders' funds (86,582)   (61,043)
 


For the year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the director on 30 September 2025 and were signed by:


-------------------------------
Mr Temesghen Tekeske
Director
1
General Information
VIBE COSMETIC LTD is a private company, limited by shares, registered in , registration number 08696563, registration address Unit 3 Clem Attlee Parade, Fulham, , London, England, , SW6 7RS.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognized in the statement of income, except to the extent that it relates to items recognized in other comprehensive income or directly in capital and reserves. The companys liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 18% 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 3 (2023 : 3).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Total
  £   £
At 01 October 2023 4,385    4,385 
Additions -    - 
Disposals -    - 
At 30 September 2024 4,385    4,385 
Depreciation
At 01 October 2023 3,671    3,671 
Charge for year 128    128 
On disposals -    - 
At 30 September 2024 3,799    3,799 
Net book values
Closing balance as at 30 September 2024 586    586 
Opening balance as at 01 October 2023 714    714 


4.

Stocks

30/09/2024
£		   30/09/2023
£
Stocks 59,235    61,650 
59,235    61,650 

5.

Creditors: amount falling due within one year

30/09/2024
£		   30/09/2023
£
Trade Creditors 35,391    33,099 
Bank Loans & Overdrafts 19,562    32,071 
Corporation Tax 1,993    1,446 
PAYE & Social Security 14,344    6,328 
Accrued Expenses 0    2,676 
Other Creditors 2    (1)
Wages & Salaries Control Account 6,927    0 
Directors' Current Accounts 26,399    4,359 
VAT 4,482    3,900 
109,100    83,878 

6.

Creditors: amount falling due after more than one year

30/09/2024
£		   30/09/2023
£
Bank Loans & Overdrafts 41,925    57,138 
41,925    57,138 

2