Aesthetic Skin Clinic Totteridge Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 05766399 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

AESTHETIC SKIN CLINIC TOTTERIDGE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs F Trup

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

05766399 (England and Wales)

ACCOUNTANTS:

Jeff Lermer & Associates

Chartered Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Tangible assets

4

4,669

8,558

CURRENT ASSETS

Stocks

5

11,001

776

Debtors

6

10,384

-

Cash at bank

20,718

25,580

42,103

26,356

CREDITORS

Amounts falling due within one year

7

26,459

35,368

NET CURRENT ASSETS/(LIABILITIES)

15,644

(9,012

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

20,313

(454

)

CREDITORS

Amounts falling due after more than one year

8

15,612

19,886

NET ASSETS/(LIABILITIES)

4,701

(20,340

)

CAPITAL AND RESERVES

Called up share capital

9

102

Retained earnings

4,599

(20,442

)

SHAREHOLDERS' FUNDS

4,701

(20,340

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 31 October 2025 and were signed by:

Mrs F Trup - Director

1.	STATUTORY INFORMATION

Aesthetic Skin Clinic Totteridge Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 invoiced sales of goods and services.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Computer equipment

-

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 January 2024

and 31 December 2024

17,500

2,386

19,886

DEPRECIATION

At 1 January 2024

10,500

828

11,328

Charge for year

3,500

389

3,889

At 31 December 2024

14,000

1,217

15,217

NET BOOK VALUE

At 31 December 2024

3,500

1,169

4,669

At 31 December 2023

7,000

1,558

8,558

5.

STOCKS

31.12.24

31.12.23

£

Stocks

11,001

776

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Other debtors

314

-

Directors' current accounts

10,070

-

10,384

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Bank loans and overdrafts

5,671

5,333

Tax

12,155

6,563

Directors' current accounts

-

16,022

Accruals and deferred income

8,633

7,450

26,459

35,368

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

Bank loans - 1-2 years

5,671

5,333

Bank loans - 2-5 years

9,941

14,553

15,612

19,886

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

98

A Class Ordinary

£1

98

1

B Class Ordinary

£1

1

C Class Ordinary

£1

1

D Class Ordinary

£1

1

E Class Ordinary

£1

1

102

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

Mrs F Trup

Balance outstanding at start of year

-

Amounts advanced

43,818

-

Amounts repaid

(33,748

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

10,070

-

As at the balance sheet date, included within debtors due within one year is £10,070 (2023: Due £16,022) due and payable by the director. The overdrawn amount was fully paid of within 9 months from the balance sheet date.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs F Trup.