REGISTERED NUMBER: 13178894 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

LIPSTICK & LOCKS SUDBURY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss A Cutter

REGISTERED OFFICE:

61 Station Road

Sudbury

Suffolk

CO10 2SP

REGISTERED NUMBER:

13178894 (England and Wales)

ACCOUNTANTS:

Seago and Stopps

Chartered Certified Accountants

61 Station Road

Sudbury

Suffolk

CO10 2SP

FIXED ASSETS

7,952

Tangible assets

4

103,446

CURRENT ASSETS

12,000

Stocks

12,000

54,109

Debtors

5

17,183

12,575

Cash at bank and in hand

37,741

78,684

66,924

CREDITORS

51,993

Amounts falling due within one year

6

100,610

26,691

NET CURRENT (LIABILITIES)/ASSETS

(33,686

)

34,643

TOTAL ASSETS LESS CURRENT LIABILITIES

69,760

CREDITORS

(12,237

)

Amounts falling due after more than one year

7

(1,769

)

(845

)

PROVISIONS FOR LIABILITIES

(5,774

)

21,561

NET ASSETS

62,217

CAPITAL AND RESERVES

100

Called up share capital

100

21,461

Retained earnings

62,117

21,561

SHAREHOLDERS' FUNDS

62,217

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 2 December 2025 and were signed by:

Miss A Cutter - Director

1.	STATUTORY INFORMATION

Lipstick & Locks Sudbury 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.

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 the value of sales achieved during the period, net of Value Added Tax.

Tangible fixed assets

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

Improvements to property

-

10% on cost

Fixtures and fittings

-

25% on reducing balance

Office 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.

Financial instruments

The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company fulfills its obligations under the Pension Auto Enrolment scheme.

Costs are recognised in the period that they become payable.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Office

Totals

property

fittings

equipment

£

£

£

£

COST

At 1 April 2024

13,924

-

13,745

179

Additions

108,759

106,093

1,657

1,009

At 31 March 2025

122,683

106,093

15,402

1,188

DEPRECIATION

At 1 April 2024

5,972

-

5,872

100

Charge for year

13,265

10,609

2,383

273

At 31 March 2025

19,237

10,609

8,255

373

NET BOOK VALUE

At 31 March 2025

103,446

95,484

7,147

815

At 31 March 2024

7,952

-

7,873

79

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Amounts owed by associates

17,117

23,725

Other debtors

66

30,384

17,183

54,109

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,468

10,213

Amounts owed to associates

43,384

2,589

Taxation and social security

27,929

23,683

Other creditors

18,829

15,508

100,610

51,993

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,769

12,237