Exhale Spa West Ltd

Exhale Spa West Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	4,352	5,440
		4,352	5,440
Current assets
Stocks		1,000	1,000
Debtors		65,838	41,019
Cash at bank and in hand		(7)	109
		66,831	42,128
Creditors: amount falling due within one year		(24,858)	(29,960)
Net current assets		41,973	12,168

Total assets less current liabilities		46,325	17,608
Provisions for liabilities		(162)	(34)
Net assets		46,163	17,574

Capital and reserves
Called up share capital	4	100	100
Profit and loss account		46,063	17,474
Shareholders' funds		46,163	17,574

For the year ended 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 27 November 2025 and were signed on its behalf by:

-------------------------------
Aliyah Akram
Director

Exhale Spa West Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Exhale Spa West Ltd is a private company, limited by shares, registered in England and Wales, registration number 13290907, registration address 829 Wilmslow Road, Manchester, M20 5WD.

The presentation currency is £ sterling.

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 recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s 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

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

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:

Fixtures and Fittings	20% Reducing Balance
Computer Equipment	20% 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.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 3 (2024 : 3).

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 April 2024	7,938	389	8,327
Additions	-	-	-
Disposals	-	-	-
At 31 March 2025	7,938	389	8,327
Depreciation
At 01 April 2024	2,747	140	2,887
Charge for year	1,038	50	1,088
On disposals	-	-	-
At 31 March 2025	3,785	190	3,975
Net book values
Closing balance as at 31 March 2025	4,153	199	4,352
Opening balance as at 01 April 2024	5,191	249	5,440

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
100 Class A shares of £1.00 each	100		100
	100		100

Registered Number: 13290907
England and Wales
EXHALE SPA WEST LTD

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025