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Company Registration No. 12379687 (England and Wales)
Serene Beauty Group Ltd Unaudited accounts for the year ended 31 December 2024
Serene Beauty Group Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Serene Beauty Group Ltd Company Information for the year ended 31 December 2024
Directors
Mrs Erin Dann Mr Simon Dann
Company Number
12379687 (England and Wales)
Registered Office
1-2 MUNTJAC WAY WITHAM ST. HUGHS LINCOLN LN6 9WF ENGLAND
Accountants
Kate Dodd Accounting Services 4 Warren Lane Witham St Hughs Lincoln LN6 9US
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Serene Beauty Group Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
949 
811 
Current assets
Inventories
3,045 
2,831 
Debtors
5
6,065 
5,554 
Cash at bank and in hand
3,650 
1,225 
12,760 
9,610 
Creditors: amounts falling due within one year
6
(39,588)
(40,744)
Net current liabilities
(26,828)
(31,134)
Net liabilities
(25,879)
(30,323)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(25,979)
(30,423)
Shareholders' funds
(25,879)
(30,323)
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by
Mrs Erin Dann Director Company Registration No. 12379687
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Serene Beauty Group Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Serene Beauty Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 12379687. The registered office is 1-2 MUNTJAC WAY, WITHAM ST. HUGHS, LINCOLN, LN6 9WF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Computer equipment
Straight line over 3 years
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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Serene Beauty Group Ltd Notes to the Accounts for the year ended 31 December 2024
Going concern
At 31 December 2024 the Company's liabilities exceeded it's assets by £25,879. Included within liabilities is a loan of £18,244 (2023 : £25,763) provided by the director and will continue to be available for a period of at least 12 months. On the basis described above, the director considers it appropriate to prepare these financial statements on the going concern basis.
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
2,561 
- 
2,561 
Additions
- 
511 
511 
At 31 December 2024
2,561 
511 
3,072 
Depreciation
At 1 January 2024
1,750 
- 
1,750 
Charge for the year
203 
170 
373 
At 31 December 2024
1,953 
170 
2,123 
Net book value
At 31 December 2024
608 
341 
949 
At 31 December 2023
811 
- 
811 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
6,065 
5,554 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
7,990 
9,585 
Trade creditors
2,747 
4,062 
Taxes and social security
1,746 
- 
Other creditors
7,774 
- 
Loans from directors
18,244 
25,763 
Accruals
1,087 
1,334 
39,588 
40,744 
7
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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